After a series of financial setbacks, followed by an Electrek exposé revealing the failed Metacycle electric motorcycle project, e-bike maker SONDORS has appeared to enter receivership. The search is now on for a buyer who can scoop up the company and its assets.
Electrek has reviewed documents sent out by Rock Creek Financial Advisors (RCFA) indicating that an RFCA representative has been appointed as receiver of SONDORS, Inc. and that the company is being offered for sale along with its assets.
RCFA describes itself on its website as specializing in “advising and operating companies through state regulated Assignment for the Benefit of Creditors (ABCs), which are a faster, cheaper, and less publicized insolvency proceeding that allows a company to shed its liabilities in a cost effective manner, sell the assets of the company and wind-down the company by the Rock Creek professionals.”
A receivership differs from a bankruptcy. While a traditional bankruptcy proceeding is usually a lengthy process designed to protect the company and shield it from creditors, a receivership is usually set up by a struggling company’s creditors themselves and is a quicker process intended to protect those creditors – often by selling the company and its assets in an attempt to save their investment.
As explained in an RCFA document regarding SONDORS, Inc. and reviewed by Electrek, “Rock Creek is working to sell the Assets. We will consider all offers of interest. Term sheets will be due no later than Friday, January 19, before 11:59 pm ET, but we will accept indications of interest prior to that time.”
RCFA also provided a lengthy presentation deck prepared by SONDORS, Inc. that pitches the value of the company and its diverse product line. Among the claims in the presentation are that SONDORS, Inc. has sold over 63,000 electric bikes and has over 10,000 cash deposits for its Metacycle electric motorcycle that total over $19.9M.
The presentation also includes several unreleased products as demonstrations of potential upcoming projects, including an electric dirt bike, a larger electric motorcycle, and an electric ATV quad.
The company detailed its patents and trademarks in the pitch, which would likely be included in any sale of the company’s assets.
However, much of the presentation is out of date. It is listed as being prepared nearly a year ago, in January 2023. Members of the leadership team detailed in the presentation have left or changed in that time, and the company largely ceased delivering its flagship Metacycle electric motorcycle at some point in 2023.
It is unclear if there are any prospective buyers for SONDORS, Inc., but RCFA appears to be leaving the door open through January 19, 2024, offering less than a month to find a buyer for the company.
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Electric vehicles have come a long way, but let’s be real—they still have their hangups: “range anxiety,” long charging times, and questions about safety and sustainability. But what if all those worries could be put to rest?
At IAA Mobility in Munich, CATL, one of the world’s biggest battery makers, unveiled a new technology that could revolutionize EVs.
Shenxing Pro: Go Far, Last Long
CATL debuted two versions of its next-gen Shenxing Pro battery. One is all about distance and durability. Picture this: a single charge gets you up to 758 km (or about 470 miles). That’s enough to drive from Houston to Memphis without a single stop. And it’s not just about the distance; this thing is built to last. It promises a lifespan of 12 years or 1,000,000 km, with only around 9% degradation after 200,000 km. That’s a huge leap from today’s EV batteries, which often lose up to 30% of their capacity over the same period.
Fast Charging, Even When It’s Freezing
Tired of waiting around for your car to charge? The second version of the Shenxing Pro is for you. It’s the Super Fast Charging model, designed to get you back on the road in minutes. CATL says it can add a whopping 478 km of range in just 10 minutes under perfect conditions. And here’s the best part: it holds its own in the cold. We all know how much cold weather messes with most EV batteries, but the Shenxing Pro still delivers up to 410 km of range in just 20 minutes at a chilling -20°C. That’s better than many EVs perform in normal temperatures!
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No Propagation 3.0: Safety First
Safety is a top concern with EV batteries, especially the risk of thermal runaway—that’s when one cell overheats and triggers a dangerous chain reaction. CATL’s new No Propagation 3.0 platform is engineered to stop that domino effect cold. It uses special fireproof coatings and a cell structure that quickly cools down and relieves pressure. In the rare event of a problem, the battery can still provide stable power for over an hour. That extra time is a lifeline, giving drivers the chance to get to safety and ensuring critical systems like advanced driver-assistance features stay online when you need them most.
Getting Greener, At Scale
CATL is also tackling the sustainability issue head-on. Through a new initiative called the Global Energy Circular Commitment (GECC), they aim to cut the use of new raw materials by half over the next two decades. They’re already a leader in this space, operating the world’s largest battery recycling network. Since 2024, they’ve recycled over 130,000 tons of used batteries, recovering 99.6% of crucial metals like nickel, cobalt, and manganese.
The Whole Package
What’s so impressive about the Shenxing Pro isn’t just one feature—it’s everything working together. By improving range, charging speed, safety, and sustainability all at once, CATL isn’t just fixing a single problem; they’re taking on the biggest obstacles to widespread EV adoption. If these batteries live up to the hype, the next wave of EVs could be more efficient, more reliable, and a whole lot greener.
The bottom line? CATL’s latest battery tech in tandem with other commitments could prove to be the building blocks for the next wave of EVs in Europe and beyond.
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Save up to 65% on power stations during Anker’s SOLIX Early Prime Day Sale with extra savings, free gifts, and more from $299
Anker has launched its SOLIX Early Prime Day Sale through October 6 with up to 65% initial discounts, plus there are three tiers of extra savings, free gifts on select units, and you can score an additional 7% savings by subscribing and becoming a member, if you’re not one already. Amongst the massive lineup of deals, we spotted Anker’s new SOLIX F3000 Portable Power Station with a FREE protective cover ($99 value) dropping to $1,449 shipped right now, which beats out Amazon’s pricing by $50 that doesn’t come with any cover. It’s been carrying a $2,599 full price since hitting the market in June, which we’ve seen drop as low as $1,599 until today, which was the one-time rate seen during July’s Prime Day event. Now the costs are going lower than ever, as you score $1,249 in savings at a new all-time low price. Head below for more on this unit, the sale’s promotions, and the rest of the SOLIX lineup of deals.
Let’s rundown all the extra savings opportunities while Anker’s SOLIX Early Prime Day Sale continues, starting with the 7% extra savings you can earn by subscribing on the site (for free), which will be emailed to you. From there, orders over $3,000 will receive an additional $120 discount, orders over $4,000 get a $200 discount, and orders over $5,000 get a $350 discount – all off the cart’s total. Depending on which units you’re buying, you might also be getting FREE included gear like protective covers, cables of various kinds, and more.
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If you want significantly more backup power than smaller, more compact units afford, then Anker’s SOLIX F3000 power station is likely the perfect companion to join your at-home and out-of-home life. It starts with a 3,072Wh LiFePO4 capacity that you can invest further in to expand up to 24kWh. It boasts 11 output ports (including a TT-30R AC port for RV support), through which it can deliver up to 3,600W of power that will double to 7,200W if you pair two stations together (with the appropriate cable).
This newer model brings along passthrough charging functionality from gas generators for up to 3,600W of input that adds versatility to its emergency backup capabilities after sudden power loss. You can also plug it into an AC outlet, as well as charge from your EV too, and don’t forget the 2,400W of solar input that can fully recharge its battery in under two hours with enough sunlight.
***Note: Extra savings – particularly the 7% discount you may be able to score – has not been factored into the prices below, so be sure to subscribe if you’re not already a member to score even better deals!Also be aware that any free gear accompanying particular purchases are shown on the unit’s varying landing pages.
Anker’s Early Prime Day under 1kWh SOLIX station deals:
Anker’s Early Prime Day SOLIX electric cooler deals:
For Anker’s full lineup of SOLIX Early Prime Day Sale accessory deals on expansion batteries, solar panels, and more – be sure to scroll to the bottom of the landing page here to check them out.
Pick up EcoFlow’s DELTA 2 1,024Wh LiFePO4 station with a FREE 5,000mAh magnetic power bank at an exclusive $379 low ($690 savings)
We have an exclusive deal for our readers from Wellbots on EcoFlow’s DELTA 2 Portable Power Station with a FREE Rapid 5000 Magnetic Power Bank for $379 shipped, after using the exclusive code 9TO5FREEBIE at checkout. It’s starting off already down from its $999 tag to $429, which is the second-best price we have tracked on the standalone power station, behind its $399 all-time low. Not only does the extra savings cut that price further to land $20 under that low price, but you’re also getting additional value in the free power bank that would run you $70. All-in-all, you’re looking at a total of $690 savings at the best price we can find anywhere.
Enjoy up-close Hummingbird visits with this smart solar-powered Birdfy feeder at its $110 low, more from $100
Through its official Amazon storefront, Birdfy is offering a massive amount of discounts on its eco-friendly and solar-powered smart feeders, birdhouses, and more, like the Hummingbird Feeder with a solar-powered camera at $109.99 shipped. This device has only been on the market since June, first launching with a $200 price tag on Amazon, which has been keeping lower at $130 since August. This rate first appeared as a series of short-term discounts that are now extending for a much longer period, giving you more time to take advantage of the $20 markdown off the going rate for the best price we have tracked. Head below for more on this device and the others seeing discounts right now.
Velotric’s space-saving Fold 1 Lite e-bike with a 440-pound payload and up to 48-mile range at second-best $699 rate
Velotric has some looming discounts on a selection of e-bikes at the moment, with a notably low price on the Fold 1 Lite e-bike at $699 shipped. It would normally cost you $1,099 were you buying it at full price, which we’ve mainly seen dropped down to $999 and $899 rates over 2025, with some falls as low as $599 that only appeared once back in July. You’re looking at the next-best price while the $400 savings last here, giving you a much more affordable commuter that doubles on saving space when not in use.
Husqvarna’s WeedEater 320iL 16-inch cordless string trimmer comes with a 4.0Ah battery at $269
Amazon is now offering the Husqvarna WeedEater 320iL 16-inch Cordless String Trimmer with a 4.0Ah battery at $269 shipped, after clipping the on-page coupon. Normally going for $319 in full, we saw it drop to its $200 low for July’s short Prime Day period, with things since the middle of that month having kept costs at its full rate, with two drops to $280 in the time since. While this isn’t the lowest price, it is one of the rarer instances of a significant discount on Husqvarna equipment recently, with the 16% markdown here providing a solid $50 in savings while giving you a heavy-duty means to keep weeds and grass under control.
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.
Hyundai wants to give you the chance to see for yourself just how peaceful the ride is in its EVs. In the UK, Hyundai is offering a new 24-hour “Rest Drive” for the new Kona Electric, allowing you to experience it on your daily travels.
Hyundai UK launches 24-hour ‘Rest Drive’ to test EVs
If you haven’t driven an electric vehicle, it’s hard to describe how much more relaxing the drive is compared to a traditional gas-powered car.
Without a massive internal combustion engine (ICE) under the hood and drastically fewer moving parts, EVs are nearly silent to drive. This is why most places require them to have some sort of alert system when backing up now.
Hyundai sees it as an opportunity. After conducting a study, Hyundai Motor UK found that 73% of parents admit to taking their child for a ride in the car to help them fall asleep.
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Apparently, those laps around the neighborhood add up quickly. On average, it added up to nine hours a month behind the wheel. The biggest frustrations for parents trying to get their kids to sleep were sitting in traffic (42%), engine noise (41%), and stopping for gas (36%).
Hyundai launches “Rest Drives,” a 24-hour test drive of the Kona Electric (Source: Hyundai UK)
On the other hand, parents said a smooth ride (65%) was the top factor that would help their child fall asleep more easily.
To allow parents in the UK to experience the peacefulness of EVs, Hyundai launched “Rest Drives.” The new program offers 24-hour test drives of the Hyundai Kona Electric.
The Hyundai Kona Electric (Source: Hyundai UK)
The Kona EV offers a WLTP range of 319 miles, fast charging capabilities, and is equipped with Hyundai’s latest safety and connectivity tech.
Hyundai offers an electric vehicle for almost everyone, including the Inster, Kona Electric, IONIQ 5, IONIQ 6, and IONIQ 9. Next year, it will launch the IONIQ 3, the production version of the Concept THREE unveiled at IAA Mobility 2025 earlier this month.
The interior of the Hyundai Kona Electric (Source: Hyundai UK)
Looking to try out the Kona Electric? Hyundai is offering the extended Rest Drive offer until October 31, 2025, at the following participating retailers. You can apply and find more information on Hyundai’s UK website.
Marshall – Gatwick
Berry – Chiswick
Vertu – Banbury
Evans Halshaw – Milton Keynes
Howards – Taunton
Paul Rigby – Stratford upon Avon
Wessex – Cardiff
Read – Burton
West Riding – Manchester
Drive Hyundai – York
Vertu – Edinburgh West
Vertu – Nottingham
Vertu – Bristol
Arnold Clark – Glasgow
At the end of the test, retailers will offer parents a “Rest Drives” baby box. The gift includes a soft Jellycat toy, cosy travel blanket, engaging baby book, and healthy snacks, which Hyundai said were carefully chosen to keep kids “calm, content, and rested on the road.”
Hyundai doesn’t offer this kind of program in the US. At least, not yet. But, if you want to get behind the wheel of the IONIQ 5, IONIQ 6, IONIQ 9, or Kona Electric, you can use our links below to find models near you.
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