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It’s Memorial Day and we’re rounding together a bunch of new and ongoing Green Deals for you to get the most savings out of the holiday. Headlining today’s coverage is Ride1Up’s increased savings on two e-bikes, led by the Portola Compact Folding e-bike that is down at $995 and continuing its BOGO accessory promo. Next, from EcoFlow’s Memorial Day Sale through May 28, we have the final flash savings event for today only that gives you the RIVER 2 Max Portable Power Station for $309, as well as two add-on accessory deals from $329. We also have Navee’s Memorial Day Sale that is taking up to $400 off e-scooters, including the 40-mile trekking S65 Electric Scooter for $560. From there, we’ve included some of the most popular events during the holiday from Lectric, Rad Power, Anker SOLIX, Samsung, and more – with all the rest of the hangover Green Deals in the links at the bottom of the page, rounded together in our Electrified Weekly post.

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.

Ride1Up is increasing/adding savings on select e-bike offers during its Memorial Day Sale, with the brand’s popular Portola Compact Folding e-bike taking the lead and dropping down to $995 shipped. Normally priced at $1,095 in our post-tariff marketplace, this model doesn’t see many massive price cuts as its already down at quite the affordable rate, though we have seen it go $100 lower in the past, last seen during the brand’s 2024 Black Friday sale. Taking advantage of this deal while it lasts gives you quite the array of high-value features for the second-lowest price we have tracked. Plus, it’s still retaining its BOGO accessory promotion too, adding to the savings while upgrading your riding experience.

One of the Ride1Up’s most well-known models, the Portola Folding e-bike is a great option for folks wanting a budget-friendly commuting solution that can also save you space when not in use, all for under $1,000 too. You’ll have two options for its battery (with only a $100 difference in price): there’s the standard 10.4Ah battery that provides you with a 40-mile range, or the upgraded 13.4Ah battery that bumps that up to 45+ miles depending on conditions. Utilizing the throttle alone tops off at 20 MPH speeds, while having the pedal assistance activated helps you reach 28 MPH top speeds.

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As I mentioned, there’s plenty of great features for the price here, like the 3-inch wide cross-country tires with fenders over each, the suspension travel fork, dual piston hydraulic brakes, Shimano Altus 8-speed derailleur, front and rear LED lights (with brake lighting), an integrated rear cargo rack (which is compatible with the brand’s passenger kit), the folding frame, and a 2.2-inch LCD display for setting adjustments and real-time performance data.

Ride1Up has also added its Roadster V3 Lightweight Premium e-bike to the sale at $1,395 shipped, down from $1,495. This model is great for those needing a more manageable ride that isn’t heavy or for those wanting to keep their health in mind, as it is great for cardio with its PAS turned off. It comes with a sleeker, streamlined frame, housing a 500W Angled gear quiet MIVICE hub motor and a 10Ah battery in order to travel up to 40 miles with the PAS support (and the Intui-Drive torque sensor). You’re speed will be determined by which drive train setup you go with (both being at the same price) – either 25 MPH with the belt-drive or 28 MPH with the chain-drive. There’s also features like the 700x45c Schwalbe G-One RS gravel tires with fenders over top, integrated front and rear lighting, the two-tone 1.3-inch VeloFox tempered glass OLED display, and more.

Be sure to check out the full lineup of deals from Ride1Up’s Memorial Day Sale in our original coverage here.

EcoFlow RIVER 2 Max portable power station

EcoFlow drops RIVER 2 Max 512Wh LiFePO4 power station to $309 (Reg. $469) along with two add-on offers from $329

As part of its ongoing Memorial Day Sale that will be continuing with up to 67% discounts on power stations through May 28, EcoFlow has three short-term flash offers – one on a power station, two on add-on accessories. These deals are being led by the brand’s RIVER 2 Max Portable Power Station, which is down at $309 shipped through the rest of the day. Normally going for $469 at full price these days, discounts kept things above $349 until April, when we saw it start dipping as low as $290. Today’s deal comes in as the second-lowest we have tracked, giving you an ample yet more compact backup power solution with $160 cut from the tag. It’s even beating out its Amazon pricing by $50.

Great for folks who are looking for a more compact power solution for smaller devices and appliances while on trips or for at-home use, the RIVER 2 Max covers needs with a 512Wh LiFePO4 capacity and an output of up to 1,000W (500W steady). There are nine port options giving you plenty of versatility, with four ACs, three USB-As, one USB-C, and one DC. Plugging it into a standard wall outlet gets you back to a full battery in one hour, with options to use solar capabilities (220W max input) taking 3+ hours, or you can plug it into your car’s auxiliary port for 8+ hours of charging as you drive. As usual, you’ll get the full array of remote smart controls for updates and setting adjustments, and it comes rated for 3,000 life cycles that gives you over eight continuous years of use were you to be discharging and recharging it every single day.

The other two offers running through the rest of the day, provide cash savings on add-on accessories for your existing setups or for any you were planning to pick up during this sale, with two 110W solar panels going for $329 shipped, down from $798, while two DELTA Pro Ultra Expansion Batteries are down at $4,599 shipped, down from $6,598. The solar panel package would fit right along with the DELTA 2 Max offer, or any other power station you may already have. Of course, the second of these offers is best for your existing DELTA Pro Ultra setup, increasing its capacity by an additional 12.2KWh.

Be sure to check out the full lineup of deals we’re seeing from EcoFlow’s Memorial Day Sale that will continue through May 28 with up to 67% discounts on units, bonus savings, free gifts, and more.

Navee S65 electric scooter

Save up to $400 on three Navee e-scooters, like the 40-mile traveling S65 with dual suspension at $560

Navee is offering some Memorial Day savings on a small selection of e-scooters, with the lineup led by the S65 Electric Scooter at $559.99 shipped. This model normally fetches $960 at full price, but through the upcoming holiday, you’ll be saving 42% off that rate, bringing it down to some incredibly affordable pricing for its features, and particularly, its travel range. Grabbing it here while the deals last cuts $400 off the going rate at the best price we have seen since the brand came onto our radar. Head below for more on this e-scooter and its counterparts that are seeing discounts through the weekend.

A perfect addition for folks with longer commutes, and also those who want options for some serious travel range when out on joyrides, Navee’s S65 electric scooter certainly handles going the distance with its 40.4-mile range on a single charge at up to 20 MPH speeds. It achieves this performance thanks to the 597.7Wh battery and 500W motor that peaks at 1,000W for incline tackling. There’s plenty of features to admire for the price tag too, like the 10-inch tubeless tires with a jelly layer to fight against sudden punctures so your riding doesn’t have to prematurely end, as well as the dual suspension system, the folding frame, a smart LED display, an IPX5 water-resistance construction, a 265-pound rider payload, and more.

Navee’s other Memorial Day e-scooter deals:

  • V25 Electric Scooter: $250 (Reg. $400)
    • 15.5 MPH for 15.5 miles
    • Make sure to use the extra $50 off on-page coupon code
  • N40 Electric Scooter: $299 (Reg. $499)
    • 18.6 MPH for up to 24.9 miles
Rad Power RadExpand 5 Plus e-bike

Here’s all the best Memorial Day weekend EV deals to get you in the saddle and cruising through Summer – all from $214

We’ve got tons of ongoing sales on EVs that are continuing past last week’s Bike to Work week and through to Memorial Day, giving you one of the best opportunities to not only find an alternate form to get around over gas-guzzlers, but also start your summer off ready to cruise through the months and seasons to follow. We’ve got some big news in the form of the continuing preorder deals on Lectric’s new XP4 and XP4 750 e-bikes that are coming along with up to $356 in free gear and starting from $999. There’s also the first cash savings hitting some of Rad Power’s new e-bikes through the weekend and starting from $1,699, and much much more. Head below to browse through everything we’ve collected and hop aboard your new ride!

To browse the entire rundown of EV events this holiday, you can follow the link here to our full coverage.

Anker SOLIX F3800 plus power station

Score Anker’s latest SOLIX F3800 Plus modular LiFePO4 power station and bundles at new lows starting from $2,999

Anker has kicked off its SOLIX Memorial Day Sale event that will continue running through May 26 with up to 55% in initial discounts, as well as some bonus holiday gifts, extra savings on orders over $3,000 and 6% cash back savings for military and service members (more on those below). Among this sale’s lineup, we spotted Anker’s new SOLIX F3800 Plus Portable Power Station dropping lower than ever to $2,999 shipped, and also matching in price at Amazon. Coming off its $4,799 full price, we’ve only been seeing it initially drop as low as $3,199 in past sales and its original launch deal, so you’re getting an additional $200 in savings for a total of $1,800 off the going rate at a new all-time low price. Along with the lower-than-ever cost, you’ll also be getting a free protective cover for the station ($160 value), which extends to any of its bundles, as well as any standard F3800 purchases, which start $1,100 over the exclusive refurbished deal we secured from Wellbots.

Check out the full lineup of Anker SOLIX F3800 deals in our original coverage of this sale here. You can also check out the best post-launch pricing we’ve seen direct from the brand on its EverFrost 2 58L Dual-Zone Electric Cooler, as well as the $3,297 in exclusive savings you can score on three BP3800 Expansion Batteries.

samsung AI laundry combo

Get up to $1,800+ in savings across Samsung’s appliances during the ongoing Memorial Day Sale

Samsung currently has its Memorial Day Appliance Sale running through the upcoming holiday on May 26, with up to $1,800+ savings on refrigerators, laundry units, ranges, dishwashers, and more – complete with bonus savings in the form of trade-in credits and discounted Care+ plans. You’ll find all the latest smart appliances, like the Bespoke 29 cubic-foot 4-Door Flex Refrigerator or the Bespoke AI Laundry Combo to more standard models like the 6.0 cubic-foot Smart Freestanding Gas Range, and plenty more – starting from $349. We’ve rounded together a bunch of our favorite picks below, so head below for more details and pricing across a wide variety of appliances while the savings last.

You can shop the entire lineup of Samsung Memorial Day appliance deals by browsing our original coverage of the event here.

Best Spring EV deals!

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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Shipping groups avoid the Strait of Hormuz to reduce exposure after U.S. strikes on Iran

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June 23, 2025

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Shipping groups avoid the Strait of Hormuz to reduce exposure after U.S. strikes on Iran

An Islamic Revolutionary Guard Corps speed boat sailing along the Persian Gulf during the IRGC marine parade to commemorate Persian Gulf National Day, near the Bushehr nuclear power plant in the seaport city of Bushehr, in the south of Iran, on April 29, 2024.

Nurphoto | Nurphoto | Getty Images

The number of vessels navigating the critically important Strait of Hormuz appears to be declining, according to the world’s largest shipping association, amid deepening fears of a widening conflict in the Middle East.

Jakob Larsen, head of security at Bimco, which represents global shipowners, said all shipowners were closely monitoring developments in the region and some have already paused transits in the Strait of Hormuz due to the deterioration of the security situation.

His comments come shortly after the U.S. on Saturday attacked three major Iranian nuclear enrichment facilities, a massive escalation in its involvement with Israel’s effort to cripple Tehran’s nuclear program.

Iran has condemned the attack, saying it reserves all options to defend its sovereignty and people.

“Before the US attack, the impact on shipping patterns was limited,” Bimco’s Larsen said.

“Now, after the US attack, we have indications that the number of ships passing is reducing. If we begin to see Iranian attacks on shipping, it will most likely further reduce the number of ships transiting through the [Strait of Hormuz],” he added.

The Strait of Hormuz, which connects the Persian Gulf to the Arabian Sea, is recognized as one of the world’s most important oil chokepoints.

In 2024 and the first quarter of 2025, for instance, flows through the narrow waterway made up roughly 20% of global oil and petroleum product consumption, according to the U.S. Energy Information Administration. Around 20% of global liquified natural gas (LNG) also transited through the Strait of Hormuz last year, primarily from Qatar.

The inability of oil to traverse through the waterway, even temporarily, can ratchet up global energy prices, raise shipping costs and create significant supply delays.

Yet, in the aftermath of the U.S. attacks on key nuclear sites, Iran’s parliament reportedly approved the closure of the waterway, risking alienating its neighbors and trade partners.

Standby mode

Andy Critchlow, EMEA head of news at S&P Global Commodity Insights, said some anecdotal evidence suggested a slowdown in shipping navigation through the Strait of Hormuz following the U.S. strikes on Fordo, Natanz and Isfahan.

“The pace at which tankers are entering the Strait of Hormuz has definitely slowed. We have indications from shippers that they are putting tankers and vessels on standby, so they are waiting for an opportune moment to enter the Strait,” Critchlow told CNBC’s “Europe Early Edition” on Monday.

“At the same time, there have been reports that suppliers of LNG, for example, in the Gulf have told lifters of LNG to wait before entering, so [as] not to loiter in the Gulf, keep vessels out of that region,” he added.

Strait of Hormuz is a ‘very difficult’ area of the world to secure, oil analyst says

Japan’s Nippon Yusen, one of the world’s largest ship operators, recently introduced a standby to enter the Strait of Hormuz to limit the length of its stay in the Persian Gulf, according to S&P Global Commodity Insights, citing a company spokesperson.

Nippon Yusen’s policy, which comes as part of a precautionary measure following the escalation of Isreal-Iran tensions since June 13, means ships are asked to pause for a day or a couple of days when there is flexibility in the shipping schedule, S&P Global Commodity Insights reported on Monday.

The company has not implemented a navigation halt in the Strait of Hormuz, however.

Japan’s Mitsui O.S.K Lines also instructed vessels to limit time spent in the Gulf following U.S. strikes on Iranian nuclear facilities, Reuters reported Monday, citing a company spokesperson.

Spokespeople at Nippon Yusen and Mitsui OSK Lines were not immediately available to comment when contacted by CNBC.

Satellite image of the Strait of Hormuz, a strategic maritime choke point with Iran situated at the top with Qeshm Island and the United Arab Emirates to the South. Imaged 24 May 2017.

Gallo Images | Getty Images

German container shipping firm Hapag-Lloyd said it is continuing to sail through the Strait of Hormuz.

“However, the situation is unpredictable and could change within a matter of hours. In this case, our emergency and response plans, which we maintain as part of our crisis management system, come into effect,” a Hapag-Lloyd spokesperson said.

Insurance costs to spike

Peter Sand, chief analyst at pricing platform Xeneta, said container shipping activity in the Persian Gulf and upper Indian Ocean appears to be continuing as expected for now.

“All companies access the risk individually – but the current situation requires them all to do so several times a day. Staying in close dialogue with national intelligence agencies and their own captains onboard the ships,” Sand told CNBC by email.

Insurance costs, meanwhile, have “probably” been hiked again, Sand said, noting Iran’s parliament reportedly approved the closure of the Strait of Hormuz.

Any final decision to close the waterway rests with the country’s national security council, and its possibility has raised the specter of higher energy prices and aggravated geopolitical tensions, with Washington calling upon Beijing to prevent the strait’s closure.

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CNBC Daily Open: Trump followed up on his threat to strike Iran — will this help or harm his credibility?

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June 23, 2025

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CNBC Daily Open: Trump followed up on his threat to strike Iran — will this help or harm his credibility?

Reporters photograph an operational timeline of a strike on Iran at the Pentagon on June 22, 2025, in Arlington, Virginia, U.S.

Andrew Harnik | Getty Images News | Getty Images

The United States conducted airstrikes on three of Iran’s nuclear sites on Saturday, entering Israel’s war against Tehran. The timing was unexpected. On Thursday, U.S. President Donald Trump said he was still considering U.S. involvement and would arrive at a decision “within the next two weeks.”

Financial and political analysts had largely taken that phrase as code word for inaction.

“There is also skepticism that the ‘two-week’ timetable is a too familiar saying used by the President to delay making any major decision,” wrote Jay Woods, chief global strategist at Freedom Capital Markets.

Indeed, Trump has commonly neglected to follow up after giving a “two week” timeframe on major actions, according to NBC News.

And who can forget the TACO trade? It’s an acronym that stands for “Trump Always Chickens Out” — which describes a pattern of the U.S. president threatening heavy tariffs, weighing down markets, but pausing or reducing their severity later on, helping stocks to rebound.

“Trump has to bury the TACO before the TACO buries him … he’s been forced to stand down on many occasion, and that has cost him a lot of credibility,” said David WOO, CEO of David Woo Unbound.

And so Trump followed up on his threat, and ahead of the proposed two-week timeline.

“There will be either peace, or there will be tragedy for Iran far greater than we have witnessed over the last eight days,” Trump said on Saturday evening.

But given Trump’s criticism of U.S. getting involved in wars under other presidents, does America bombing Iran add to his credibility, or erode it further?

What you need to know today

The U.S. strikes Iran
U.S. President Donald Trump on Saturday said the United States had attacked Iranian nuclear sites, pushing America into Israel’s war with its longtime rival. Secretary of Defense Pete Hegseth said Sunday that “Iran’s nuclear ambitions have been obliterated,” a sentiment echoed by Trump, who stressed that “Obliteration is an accurate term.” The decision to attack Iran engages the American military in active warfare in the Middle East — something Trump had vowed to avoid.

Iran calls attacks ‘outrageous’
Iran’s Foreign Minister Abbas Araghchi on Sunday said Tehran reserves all options to defend its sovereignty and people after the “outrageous” U.S. attacks on three of its major nuclear enrichment facilities. Iranian state-owned media, meanwhile, reported that Iran’s parliament backed closing the Strait of Hormuz, citing a senior lawmaker. The U.S. on Sunday called on China to prevent Iran from doing so.

Investors assess U.S. attacks
U.S. futures slid Sunday evening stateside as investors reacted to Washington’s strikes on Iran. Futures tied to the S&P 500 lost 0.17%, Dow Jones Industrial Average futures fell 0.24% and Nasdaq 100 futures dropped 0.21%. On Monday, Asia-Pacific markets mostly fell at 1:45 p.m. Singapore time. Japan’s Nikkei 225 slipped 0.15% and South Korea’s Kospi Index retreated 0.3%. However, Hong Kong’s Hang Seng Index bucked the trend to climb 0.29%.

Oil prices pare gains
U.S. crude oil were up 1.1% to $74.65 per barrel, while global benchmark Brent climbed 1.12% to $77.88 per barrel early afternoon Singapore time. The commodity pared gains from earlier in the day, when prices jumped more than 2% in oil’s first trading session after Saturday’s events. That said, multiple analysts raised the prospect of oil hitting $100 per barrel, especially if exports through the Strait of Hormuz are affected.

[PRO] Eyes on inflation reading
Where markets go this week will depend on whether the conflict in the Middle East escalates after the U.S.’ involvement. Investors should also keep an eye on economic data. May’s personal consumption expenditures price index, the Federal Reserve’s preferred gauge of inflation, comes out Friday, and will tell if tariffs are starting to heat up inflation.

And finally…

A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S.

Timothy A. Clary | Afp | Getty Images

Why global markets are brushing off U.S. strikes on Iran

The U.S. joining the war between Israel and Iran might seem like a geopolitical flash point that would send markets tumbling.

Instead, investors are largely shrugging off the escalation, with many strategists believing the conflict to be contained — and even bullish for some risk assets.

“The markets view the attack on Iran as a relief with the nuclear threat now gone for the region,” said Dan Ives, managing director at Wedbush, adding that he sees minimal risks of the Iran-Israel conflict spreading to the rest of the region and consequently more “isolated.”

Furthermore, rhetoric around the idea of shutting down the Hormuz waterway has been recurring from Iran, but it has never been acted upon, with experts highlighting that it is improbable.

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Why global markets are brushing off U.S. strikes on Iran

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9 hours ago

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June 23, 2025

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Why global markets are brushing off U.S. strikes on Iran

A trader on the floor of the New York Stock Exchange during the first session of the new year on January 2, 2025, in New York City, U.S.

Timothy A. Clary | Afp | Getty Images

The U.S. joining the war between Israel and Iran might seem like a geopolitical flashpoint that would send markets tumbling. Instead, investors are largely shrugging off the escalation, with many strategists believing the conflict to be contained — and even bullish for some risk assets.

As of 1 p.m. Singapore time, the MSCI World index, which tracks over a thousand large and mid-cap companies from 23 developed markets, declined only 0.12%. Safe havens are also trading mixed, with the Japanese yen weakening 0.64% against the dollar, while spot gold prices slipped 0.23% to $3,360 per ounce. The dollar index, which measures the U.S. dollar against a basket of currencies, rose 0.35%. 

In general, the market reactions after the U.S. strikes have been less aggressive, especially relative to just over a week ago when Israel launched airstrikes against Iran.

“The markets view the attack on Iran as a relief with the nuclear threat now gone for the region,” said Dan Ives, managing director at Wedbush, adding that he sees minimal risks of the Iran-Israel conflict spreading to the rest of the region and consequently more “isolated.”

While the gravity of the latest developments should not be dismissed, they are not seen as a systemic risk to global markets, other industry experts echoed.

On Saturday, U.S. President Donald Trump said that the United States had attacked Iranian nuclear sites. Traders are now keeping a close eye on any potential countermeasures from Iran following the U.S. strikes on its nuclear facilities.

Iran’s potential closure of the Strait

Iran’s foreign minister warned that his country reserved “all options” to defend its sovereignty. According to Iranian state media, the country’s parliament has also approved closing the Strait of Hormuz, a pivotal waterway for global oil trade, with about 20 million barrels of oil and oil products traversing through it each day.

“It all depends on how Iran responds,” said Peter Boockvar, chief investment officer at Bleakley Financial Group. “If they accept the end of their military nuclear desires… then this could be the end of the conflict and markets will be fine,” he told CNBC. Boockvar is not of the view that Iran will carry out the disruption of global oil supplies.

The worst-case scenario for markets would occur if Iran were to close the Strait, which is unlikely, said Marko Papic, chief strategist at GeoMacro Strategy.

“If they do, oil prices go north of $100, fear and panic take over, stocks go down ~10% minimum, and investors rush to safe havens,” he said.

However, markets are subdued now given the “limited tools” that Tehran has at its disposal to retaliate, Papic added. 

The idea of shutting down the Hormuz waterway has been a recurring rhetoric from Iran, but it has never been acted upon, with experts highlighting that it is improbable.

In 2018, Iran warned it could block the Strait of Hormuz after the U.S. pulled out of the nuclear deal and reinstated sanctions. Similar threats were made earlier in 2011 and 2012, when senior Iranian officials — including then-Vice President Mohammad-Reza Rahimi — said the waterway could be closed if Western nations imposed more sanctions on Iran’s oil exports due to its nuclear activities.

“Tehran understands that, if they were to close the Strait, the retaliation from the U.S. would be swift, punitive, and brutal,” Papic added.

In a similar vein, Yardeni Research founder Ed Yardeni said the latest events have not shaken his conviction in the U.S. bull market.

“Geopolitically, we think that Trump has just reestablished America’s military deterrence capabilities, thus increasing the credibility of his ‘peace through strength’ mantra,” he said, adding that he is targeting 6,500 for the S&P 500 by the end of 2025.

While predicting geopolitical developments in the Middle East is a “treacherous exercise,” Yardeni believes that the region is in for a “radical transformation” now that Iranian nuclear facilities have been destroyed.

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