Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions
Prices at a Chevron Corp. gas station in Fontana, California, on Thursday, July 8, 2021.
Kyle Grillot | Bloomberg | Getty Images
On Monday, Chevron announced plans to acquire oil and gas company Hess for $53 billion in stock.
Less than two weeks prior, Exxon Mobil announced it is acquiring oil company Pioneer Natural Resources for $59.5 billion in stock.
On Tuesday, the International Energy Agency released its annual world energy outlook report that projects global demand for coal, oil and natural gas will hit an all-time high by 2030, a prediction the IEA’s executive director Fatih Birol had telegraphed in September.
“The transition to clean energy is happening worldwide and it’s unstoppable. It’s not a question of ‘if,’ it’s just a matter of ‘how soon’ — and the sooner the better for all of us,” Birol said in a written statement published alongside his agency’s world outlook. “Taking into account the ongoing strains and volatility in traditional energy markets today, claims that oil and gas represent safe or secure choices for the world’s energy and climate future look weaker than ever.”
But based on their acquisitions, Chevron and Exxon are seemingly preparing for a different world than the IEA is portending.
“The large companies — nongovernment companies — do not see an end to oil demand any time in the near future. That’s one of the messages you have to take from this. They are committed to the industry, to production, to reserves and to spending,” Larry J. Goldstein, a former president of the Petroleum Industry Research Foundation and a trustee with the not-for-profit Energy Policy Research Foundation, told CNBC in a phone conversation Monday.
“They’re in this in the long haul. They don’t see oil demand declining anytime in the near term. And they see oil demand in fairly large volumes existing for at least the next 20, 25 years,” Goldstein told CNBC. “There’s a major difference between what the big oil companies believe the future of oil is and the governments around the world.”
So, too, says Ben Cahill, a senior fellow in the energy security and climate change program at the bipartisan, nonprofit policy research organization, Center for Strategic and International Studies.
“There are endless debates about when ‘peak demand’ will occur, but at the moment, global oil consumption is near an all-time high. The largest oil and gas producers in the United States see a long pathway for oil demand,” Cahill told CNBC.
Pioneer Natural Resources crude oil storage tanks near Midland, Texas, on Oct. 11, 2023.
Bloomberg | Bloomberg | Getty Images
Africa, Asia driving demand
Globally, momentum behind and investment in clean energy is increasing. In 2023, there will be $2.8 trillion invested in the global energy markets, according to a prediction from the IEA in May, and $1.7 trillion of that is expected to be in clean technologies, the IEA said.
The remainder, a bit more than $1 trillion, will go into fossil fuels, such as coal, gas and oil, the IEA said.
Continued demand for oil and gas despite growing momentum in clean energy is due to population growth around the globe and in particular, growth of populations “ascending the socioeconomic ladder” in Africa, Asia and to some extent Latin America, according to Shon Hiatt, director of the Business of Energy Transition Initiative at the USC Marshall School of Business.
Oil and gas are relatively cheap and easy to move around, particularly in comparison with building new clean energy infrastructure.
“These companies believe in the long-term viability of the oil and gas industry because hydrocarbons remain the most cost-effective and easily transportable and storable energy source,” Hiatt told CNBC. “Their strategy suggests that in emerging economies marked by population and economic expansion, the adoption of low-carbon energy sources may be prohibitively expensive, while hydrocarbon demand in European and North American markets, although potentially reduced, will remain a significant factor.”
Also, while electric vehicles are growing in popularity, they are just one section of the transportation pie, and many of the other sections of the transportation sector will continue to use fossil fuels, said Marianne Kah, senior research scholar and board member at Columbia University’s Center on Global Energy Policy. Kah was previously the chief economist of ConocoPhillips for 25 years.
“While there is a lot of media attention given to the increasing penetration of electric passenger vehicles, global oil demand is still expected to grow in the petrochemical, aviation and heavy-duty trucking sectors,” Kah told CNBC.
Geopolitical pressures also play a role.
Exxon and Chevron are expanding their holdings as European oil and gas majors are more likely to be subject to strict emissions regulations. The U.S. is unlikely to have the political will to force the same kind of stringent regulations on oil and gas companies here.
“One might speculate that Exxon and Chevron are anticipating the European oil majors divesting their global reserves over the next decade due to European policy changes,” Hiatt told CNBC.
“They are also betting domestic politics will not allow the U.S. to take significant new climate policies directed specifically to restrain or limit or ban the level of U.S. oil and gas domestic production,” Amy Myers Jaffe, a research professor at New York University and director of the Energy, Climate Justice and Sustainability Lab at NYU’s School of Professional Studies, told CNBC.
Goldstein expects the ever-expanding U.S. national debt will eventually put all kinds of government subsidies on the chopping block, which he says will also benefit companies such as Exxon and Chevron.
“All subsidies will be under enormous pressure,” Goldstein said, the intensity of that pressure dependent on which party is in the White House at any given time. “By the way, that means the large financial oil companies will be able to weather that environment better than the smaller companies.”
Also, sanctions of state-controlled oil and gas companies in countries like those in Russia, Venezuela and Iran are providing Exxon and Chevron a geopolitical opening, Jaffe said.
“They likely hope that any geopolitically driven market shortfalls to come can be filled by their own production, even if demand for oil overall is reduced through decarbonization policies around the world,” Jaffe told CNBC. “If you imagine oil like the game of musical chairs, Exxon Mobil and Chevron are betting that other countries will fall out of the game regardless of the number of chairs and that there will be enough chairs left for the American firms to sit down, each time the music stops.”
An oil pumpjack pulls oil from the Permian Basin oil field in Odessa, Texas, on March 14, 2022.
Joe Raedle | Getty Images News | Getty Images
Oil that can be tapped quickly is a priority
Known oil reserves are increasingly valuable as European and American governments look to limit the exploration for new oil and gas reserves, according to Hiatt.
“Notably, both Pioneer and Hess possess attractive, well-established oil and gas reserves that offer the potential for significant expansion and diversification for Exxon and Chevron,” Hiatt told CNBC.
Oil and gas reserves that can be brought to market relatively quickly “are the ideal candidates for production when there is uncertainty about the pace of the energy transition,” Kah told CNBC, which explains Exxon’s acquisition of Pioneer, which gave Exxon more access to “tight oil,” or oil found in shale rock, in the Permian basin.
Shale is a kind of porous rock that can hold natural gas and oil. It’s accessed with hydraulic fracking, which involves shooting water mixed with sand into the ground to release the fossil fuel reserves held therein. Hydrocarbon reserves found in shale can be brought to market between six months and a year, where exploring for new reserves in offshore deep water can take five to seven years to tap, Jaffe told CNBC.
“Chevron and Exxon Mobil are looking to reduce their costs and lower execution risk through increasing the share of short cycle U.S. shale reserves in their portfolio,” Jaffe said. Having reserves that are easier to bring to market gives oil and gas companies increased ability to be responsive to swings in the price of oil and gas. “That flexibility is attractive in today’s volatile price climate,” Jaffe told CNBC.
Chevron’s purchase of Hess also gives Chevron access in Guyana, a country in South America, which Jaffe also says is desirable because it is “a low cost, close to home prolific production region.”
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Environment
OpenAI’s first data center in $500B Stargate project is open in Texas, with sites coming in New Mexico and Ohio
ABILENE, Texas — OpenAI and Oracle are betting big on America’s AI future, bringing online the flagship site of the $500 billion Stargate program, a sweeping infrastructure push to secure the compute needed to power the future of artificial intelligence.
The debut site in Abilene, Texas, about 180 miles west of Dallas, is up and running, filled with Oracle Cloud infrastructure and racks of Nvidia chips.
The data center, which is being leased by Oracle, is one of the most notable physical landmarks to emerge from an unprecedented boom in demand for infrastructure to power AI. Over $2 trillion in AI infrastructure has been planned around the world, according to an HSBC estimate this week.
OpenAI is leading the way.
In addition to the $500 billion Stargate project, the startup on Monday announced an equity investment deal with Nvidia that will add an estimated $500 billion worth of data centers in the coming years. Since 2019, Microsoft has invested billions of dollars in OpenAI, providing loads of access to Azure credits. Additionally, OpenAI contracts with smaller cloud companies for additional compute capacity and help operating its infrastructure.
One building on the Abilene site is operational while another is nearly complete. The campus has the potential to ultimately scale past a gigawatt of capacity, OpenAI finance chief Sarah Friar told CNBC. That would be enough electricity to power about 750,000 U.S. homes.
The data center construction plans are important enough that Nvidia CEO Jensen Huang personally engaged in last-minute negotiations with OpenAI CEO Sam Altman over the weekend to get in on the action, CNBC reported earlier on Tuesday.
“People are starting to recognize just the sheer scale that will be required,” Friar said. “We’re just getting going here in Abilene, Texas, but you’ll see this all around the United States and beyond.”
The scale of the project’s construction was necessary to supply the amount of compute required to operate OpenAI’s models, Friar said.
“What we see today is a massive compute crunch,” she said. “There’s not enough compute to do all the things that AI can do.”
A bold bet on AI infrastructure
OpenAI, Oracle and SoftBank, which is helping fund the project, announced on Tuesday five additional Stargate sites across Texas, New Mexico, Ohio and an additional unnamed site in the Midwest. That brings the size of the initiative to nearly 7 gigawatts and more than $400 billion of investment over the next three years, which includes an existing $300 billion agreement between OpenAI and Oracle.
While companies like Oracle are helping fund the data center construction, OpenAI will ultimately be the one to pay for the computing capacity as an operating expense, Friar said. Although Nvidia is putting in equity to jumpstart the project, Friar said the chipmaker will get paid for all graphics processing units (GPUs) that it provides as those chips get deployed.
Friar said OpenAI will generate $13 billion in revenue this year, and that the company plans to help pay for the construction using its own cash flow and debt financing.
The Stargate name will refer to all OpenAI infrastructure projects going forward, CNBC reported this week. Together with CoreWeave and other partners, the companies say they are ahead of schedule to meet their full 10-gigawatt commitment by the end of 2025.
Friar told CNBC the shovels going into the ground today are laying foundations for compute that won’t come online until 2026, starting with Nvidia next-generation Vera Rubin chips.
Data center buildings are under construction during a tour of the OpenAI data center in Abilene, Texas, U.S., Sept. 23, 2025.
Shelby Tauber | Reuters
“No one in the history of man built data centers this fast,” Friar said, adding that the entire ecosystem has to work together to meet demand.
Critics have questioned the circular funding behind Stargate — OpenAI committing hundreds of billions of dollars to projects while suppliers like Nvidia are also investing directly into those same buildouts.
Friar said history shows that technology booms require bold infrastructure bets.
“When the internet was getting started, people kept feeling like, ‘Oh, we’re over-building, there’s too much,'” Friar said. “Look where we are today, right?”
The project also carries political weight. OpenAI and Oracle first unveiled Stargate alongside President Donald Trump at the White House in January. Friar called Trump “the president of this AI era,” pointing to Washington’s role in framing the technology as both an economic engine and a national security priority. Trump was briefed on the Nvidia investment into OpenAI during a state visit to the U.K. earlier this month.
Oracle says the project will employ more than 6,000 construction workers daily and deliver nearly 1,700 long-term jobs.
In a paper published Tuesday about OpenAI’s infrastructure plans, the company wrote that its data center buildout could help reshape the American power grid with new technologies and help the U.S. exert global influence.
— CNBC’s Kif Leswing contributed to this story.
WATCH: OpenAI CFO: Need partners like Oracle and Microsoft to meet demand
How about over $20,000 in savings on a new SUV? For the next week, Honda is currently offering over $20,000 off 2025 Prologue models with stackable savings.
Honda Prologue buyers can snag more than $20,000 off
Honda has made its electric SUV even more tempting for the last week of September. Until September 30, when the $7,500 federal EV tax credit is set to expire, Honda is offering generous discounts of more than $20,000 in some states.
The 2025 Prologue is $17,000 off nationwide, plus Honda is offering 0% interest for six years. That’s hard to find for any vehicle, whether it’s electric or gas-powered.
The deal includes $9,500 in financing bonuses and the potential $7,500 EV tax credit. On a six-year loan for a $50,000 Prologue, online car research firm CarsDirect estimates the financing deal would cost about $33,000, before taxes and fees.
With trade-in offers in California and other ZEV states, you can score up to $20,300 off the 2025 Honda Prologue.
But, there’s gotta be a catch, right? Well, for one, the offer ends in a week on September 30, the same day the federal $7,500 tax credit for electric vehicles expires.
While the deals on the 2025 model year are expiring, the 2026 Honda Prologue is already set to arrive with discounts of up to $9,000.
A notice sent to dealers (via CarsDirect) said that the 2026 model year will debut with a $6,000 lease or finance offer through Honda Financial Services (HFS). The incentive bulletin said an additional $3,000 conquest bonus will be offered, bringing the total savings to $9,000 on 2026 models.
| 2025 Honda Prologue trim | Starting Price* | Starting Price After Tax Credit* |
EPA Range (miles) |
| EX (FWD) | $47,400 | $39,900 | 308 |
| EX (AWD) | $50,400 | $42,900 | 294 |
| Touring (FWD) | $51.700 | $44,200 | 308 |
| Touring (AWD) | $54,700 | $47,200 | 294 |
| Elite (AWD) | $57,900 | $50,400 | 283 |
Interestingly, the offer for the 2026 Prologue is available until November 3, suggesting Honda may continue offering discounts even after the $7,500 tax credit ends.
Honda has yet to announce 2026 Prologue prices publicly, but it’s expected to start at approximately the same $47,400 MSRP as the 2025 model year. With the government incentives set to expire, it could be even less.
Those of you looking for other deals ahead of the tax credit expiration might want to check out the 2025 Hyundai IONIQ 5 with leases starting from $149 per month. The Chevy Equinox EV, or “America’s most affordable 315+ mile range EV,” is available with leases starting at $249 per month. Volkswagen is offering some of the lowest EV lease prices, with the ID.4 available starting at just $129 per month.
Ready to test drive the Prologue for yourself? We’re here to help. You can use our link to find deals on the Honda Prologue in your area (trusted partner).
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Environment
Jackery Early Prime Day sale with up to 65% discounts + bonus savings from $129, EcoFlow 48-hour sale, Anker solar cams, more
Headlining today’s Green Deals is Jackery’s Early Prime Big Deal Days sale that is taking up to 65% off power stations, solar generator bundles, and accessories, with bonus savings, free gifts, and more starting from $129. Among the offers, we spotted the Explorer 1000 v2 Portable Power Station coming with a 200W solar panel for $649, with an additional FREE bundle option available too. From there, we have Anker’s eufy SoloCam S220 Solar Security Camera back down at $65, as well as EcoFlow’s first Early Prime Day 48-hour flash sale, which has dropped the DELTA 2 Max power station and 800W alternator charger bundle to its $1,049 low, along with three other offers. We also have leaf and snow clearing solutions from Greenworks and other EV/backup power solutions waiting for you below. And don’t forget about all the hangover deals collected at the bottom of the page, like yesterday’s EcoFlow Early Prime Day Sale lineup, and more.
Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.
Jackery’s Early Prime Day sale drops Explorer 1000 v2 with 200W panel to $649 (50% off) + free bundle offer, more
Jackery has launched its Early Prime Big Deal Days sale running through October 6, with up to 65% discounts on its power stations alongside bonus savings, free gifts, and more. If you’re gearing up for fall adventures outdoors and off-grid, one of the best budget-friendly bundles to score right now is Jackery’s Explorer 1000 v2 Portable Power Station with a 200W solar panel at $649 shipped, which is also matching over at Amazon and is eligible for a FREE refurbished Explorer 290. This combination of station and add-on equipment would normally cost you $1,299 in full, though over 2025, you’ve had the chance to score it between $749 and $699 with regular discounts. If you’ve waited until now to pick it up, you’ll get it at the best price we have tracked this year, behind the $599 low that appeared last year for only a few hours. Head below for more on this bundle, the sale’s promotions, and the full lineup of deals.
Before we jump into the details of pricing, let’s go over the many special promotions being offered during Jackery’s Early Prime Big Deal Days sale. First, orders that reach a $1,500 threshold can use the code OFFER5 for an additional 5% savings, though this does not include the HomePower 3000 series of deals. Next, you can score up to $830 in trade-in bonuses, with reminders that the 30% federal tax credits may be ending with the year, so don’t miss the opportunity to jump on that while equipping yourself with reliable backup power support. Lastly, there are some free gift promotions on the larger units in the sale, with the Explorer 5000 Plus series purchases getting a free refurbished Explorer 300 Plus, while the HomePower 3600 Plus models get a free refurbished Explorer 300, and the Explorer 2000 v2 gets a free refurbished 100W solar panel.
Ever since its late 2024 release, Jackery’s Explorer 1000 v2 power station has become one of the brand’s best camping-focused backup power companions for folks not wanting to shell out too much money on larger units/combos. It brings a 1,070Wh LiFePO4 capacity to your trips and boasts 62 forms of charging protections from its ChargeShield 2.0 tech. Your devices and appliances are covered with up to 1,500W of steady power, which can surge up to 3,000W and offers seven ports for connection options.
When plans are known in advanced, all you’ll need is 1.6 hours charging from a standard AC outlet to get it back to full battery, and for more last-minute plans, you can activate the emergency charging feature with the in-app controls to cut that time down to just one hour. You can also charge as you drive through your car’s auxiliary/cigarette lighter port, and the 200W panel coming with the bundle puts you a third of the way towards its max 600W solar input, which can get the station back to full in three hours with proper sunlight.
***Note: The following prices have not had the extra savings taken into account, so be sure to use the code OFFER5 once your cart totals $1,500 or more to score the absolute best prices.
Jackery’s Early Prime Day deals for off-grid support:
Jackery’s Early Prime Day deals for appliance backup:
- Explorer 2000 v2 (2,042Wh) power station: $699 (Reg. $1,499) | $150 more at Amazon
- HomePower 3000 (3,072Wh) station (new low): $999 (Reg. $2,499) | $300 more at Amazon
- Explorer 2000 v2 (2,042Wh) with 2x 200W panels: $1,099 (Reg. $2,499) | $100 more at Amazon
- Explorer 2000 Plus (2,042.8Wh) with 2x 200W panels: $1,499 (Reg. $3,099) | $200 more at Amazon
- HomePower 3600 Plus (3,584Wh) station: $1,699 (Reg. $2,799) | matches at Amazon
Jackery’s Early Prime Day deals for home backup:
- Battery Pack 5000 Plus (expansion battery): $2,099 (Reg. $2,499)
- Explorer 5000 Plus (5,040Wh) power station: $2,799 (Reg. $4,299)
- Can be expanded to 60kWh with additional equipment
- Explorer 5000 Plus (5,040Wh) with 2x 500W panels: $3,999 (Reg. $5,699)
- Explorer 5000 Plus (5,040Wh) with 2x 500W panels and smart TS: $4,899 (Reg. $5,999)
- Explorer 5000 Plus (10,080Wh) with extra battery: $5,045 (Reg. $5,999)
- Two Explorer 5000 Plus (20kWh) with 2x extra batteries and smart TS: $9,699 (Reg. $10,999)
Jackery’s Early Prime Day transfer switch deals:
You can browse the entire Jackery Early Prime Big Deal Days sale on the landing page here.
Install Anker’s solar-powered eufy SoloCam S220 for year-round security while at $65
Over at Best Buy we spotted the older Anker eufy SoloCam S40 included as part of the Deals of the Day, which is getting beaten out in price by the newer SoloCam S220 Solar Security Camera at Amazon that is down at $64.99 shipped, with it also beating the individual costs from the multi-cam bundles while matching the price direct from the brand’s website. This model usually goes for $100 in full, which we’ve regularly seen brought down to $70 with discounts, and more recently to $65, only beaten out by the one-time $62 low that popped up during July’s Prime Day event. You’re looking at the next-best price while the rates hold strong, as they’ve been since last week, saving you $35 off the going rate and upgrading your home security with 24/7 solar charging.
If you want to learn more about this solar security device, be sure to check out our original coverage of this deal here.
Charge on the go with EcoFlow’s DELTA 2 Max 800W alternator charger bundle at its $1,049 low (58% off), more
As part of its Early Prime Day Sale running through October 6, EcoFlow has launched the first of this event’s flash sales, with this one taking up to 58% off four units and lasting for 48 hours. Among the bunch, for folks living out their nomadic dreams, you can’t go wrong with EcoFlow’s DELTA 2 Max Portable Power Station bundled with an 800W alternator charger for $1,049 shipped, which beats out Amazon’s pricing by $850. This bundle normally fetches $2,498 at full price from the brand and $1,899 over at Amazon (where it’s currently listed), with discounts having only gone as low as $1,049. You’re looking at another chance to score it at its best price here, with this two-day only deal giving you a total of $1,449 off its MSRP. Head below for more on this unit and the others seeing flash savings.
If you want to learn more about this bundle, or the other units seeing discounts, be sure to check out our original coverage of this 48-hour flash sale here.
Prep for snow with Greenworks’ 80V 12-inch cordless shovel kit at the best price in six months for $233
Amazon is offering the Greenworks 80V 12-inch Cordless Snow Shovel with 2.0Ah battery at $232.74 shipped, which beats out the brand’s direct website pricing, where it is sitting at its full $350 MSRP. At Amazon, though, we’ve been seeing it hold out at $308 since March, and falling to $280 since late July, with the total 33% markdown off the MSRP that’s being offered here giving us the best pricing of the last 6 1/2 months, saving you $117 over buying it directly from Greenworks, and landing $33 above the annual low we last saw in January.
If you want to learn more about this snow clearing solution, be sure to check out our original coverage of this deal here.
Get up to 750 CFM clearing power with this 80V Greenworks handheld blower kit at $175 (Today only)
As part of its Deals of the Day, Best Buy is offering the Greenworks 80V 750CFM Cordless Handheld Blower with a 2.5Ah battery at $174.99 shipped, with it even beating out the renewed offer direct from the brand’s website by $25. This model with this particular battery usually goes for $250 at full price, but you’re getting a $75 markdown through the rest of the day that lands it $5 under the usual $180 rate we’ve seen pop up over 2025 in these one-day sales. This is the best price we’ve spotted in 2025, with it only beaten out by the $170 low we last saw during Black Friday last year. What’s more, you won’t find this package at Amazon right now, with the closest models being either the 80V 500 CFM model with a 2.0Ah battery or the 80V 750 CFM backpack blower with a 4.0Ah battery.
If you want to learn more about this handheld leaf blower, be sure to check out our original coverage of this one-day-only sale here.
Best Fall EV deals!
- Velotric Nomad 2X e-bike (camo) with DELTA 3 Plus station: $3,048 (Reg. $3,298)
- Velotric Nomad 2X e-bike (sage or fig) with DELTA 3 Plus station: $2,948 (Reg. $3,298)
- Aventon Ramblas Electric Mountain Bike: $2,599 (Reg. $2,899)
- Ride1Up Prodigy v2 Brose Mid-Drive Gates Belt CVT e-bike: $2,595 (Reg. $2,795)
- Ride1Up Revv 1 DRT Off-Road Moped-Style e-bike: $2,395 (Reg. $2,595)
- Ride1Up Revv 1 Full Suspension Moped-Style e-bike: $2,395 (Reg. $2,595)
- Segway Xafari Red e-bike: $2,000 (Reg. $2,400)
- Velotric Nomad 2 All-Terrain e-bike with $120 bundle (new): $1,999 (No price cut)
- Rad Power Radster Road Commuter e-bike: $1,999 (Reg. $2,199)
- Rad Power Radster Trail Off-Road e-bike: $1,999 (Reg. $2,199)
- Lectric XPedition 2.0 35Ah Cargo e-bike w/ up to $674 bundle: $1,999 (Reg. $2,673)
- Ride1Up Prodigy v2 Brose Mid-Drive 9-Speed e-bike: $1,995 (Reg. $2,495)
- Tenways AGO X All-Terrain e-bike with $307 bundle: $1,899 (Reg. $2,499)
- Velotric Fold 1 Plus e-bike (gray or white) with DELTA 2 station: $1,898 (Reg. $2,198)
- Velotric Fold 1 Plus e-bike (mango or blue) with DELTA 2 station: $1,828 (Reg. $2,198)
- Rad Power RadRunner Plus Cargo Utility e-bike with extra battery: $1,799 (No price cut)
- Aventon Abound SR Smart Cargo e-bike (new, first discount): $1,799 (Reg. $1,899)
- Lectric XP Trike2 750 Long-Range eTrike with $493 preorder bundle: $1,799 (Reg. $2,292)
- Velotric Breeze 1 Cruiser e-bike with $150 bundle (new, first discount): $1,699 (Reg. $1,799)
- Aventon Pace 4 Smart Cruiser e-bike (new, second-ever discount): $1,699 (Reg. $1,799)
- Rad Power RadExpand 5 Plus Folding e-bike (lowest price): $1,699 (Reg. $1,899)
- Lectric XPedition 2.0 26Ah Cargo e-bike w/ $525 bundle: $1,699 (Reg. $2,224)
- Lectric XPeak 2.0 Long-Range Off-Road e-bike with $316 bundle: $1,699 (Reg. $2,015)
- Rad Power RadWagon 4 Cargo e-bike with extra battery: $1,599 (Reg. $1,799)
- Aventon Abound Cargo e-bike: $1,599 (Reg. $1,999)
- Ride1Up VORSA Modular Multi-Use e-bike (first discount): $1,595 (Reg. $1,695)
- Rad Power RadRunner Cargo Utility e-bike with extra battery: $1,499 (No pirce cut)
- Lectric XPeak 2.0 Standard Off-Road e-bike with $227 bundle: $1,499 (Reg. $1,726)
- Lectric XP Trike2 with $227 bundle: $1,499 (Reg. $1,726)
- Rad Power RadWagon 4 Cargo e-bike: $1,499 (Reg. $1,799)
- Tenways CGO600 Pro e-bikes with $118 bundle: $1,499 (Reg. $1,899)
- Velotric Nomad 1 Plus All-Terrain e-bike: $1,499 (Reg. $1,899)
- Aventon Aventure 2 All-Terrain e-bike: $1,499 (Reg. $1,999)
- Aventon Sinch 2 Folding e-bike: $1,399 (Reg. $1,699)
- Lectric XPedition 2.0 13Ah Cargo e-bike with $326 bundle: $1,399 (Reg. $1,725)
- Aventon Level 2 Commuter e-bike: $1,499 (Reg. $1,899)
- Ride1Up Roadster V3 Lightweight Premium e-bike: $1,395 (Reg. $1,495)
- Velotric T1 ST Plus Lightweight e-bike: $1,399 (Reg. $1,649)
- Rad Power RadRover 6 Plus Step-Thru Fat Tire e-bike: $1,299 (Reg. $1,599)
- Lectric XPress 750 Commuter e-bikes with $424 bundle: $1,299 (Reg. $1,723)
- Lectric XP4 750 LR Folding Utility e-bikes with $355 bundle: $1,299 (Reg. $1,654)
- Heybike Mars 2.0 Folding Fat-Tire e-bike with extra battery: $1,199 (Reg. $1,848)
- Lectric XP Lite 2.0 JW Black LR e-bike with $316 bundle: $1,099 (Reg. $1,415)
- Ride1Up Portola Folding e-bike with BOGO accessory promo: $995 (Reg. $1,095)
- Lectric XP4 Standard Folding Utility e-bikes with $79 bundle: $999 (Reg. $1,078)
- Aventon Soltera 2.5 Lightweight Commuter e-bike (first discount): $999 (Reg. $1,199)
- Lectric XP Lite 2.0 Long-Range e-bikes with up to $316 bundles: $999 (Reg. $1,315)
- Heybike Hauler Single-Battery Cargo e-bike: $999 (Reg. $1,499)
- Rad Power RadExpand 5 Folding e-bike: $999 (Reg. $1,599)
- Vanpowers City Vanture Urban Commuter e-bike (code VANVIP): $799 (Reg. $1,749)
- Segway E3 Pro Electric Scooter (launch): $600 (Reg. $700)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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