Back at the beginning of the year, Aventon released its all new cargo e-bike, and today we’re seeing one of the first chances to save. The new Abound e-bike normally sells for $2,199, but has now dropped down to$1,799 shipped. This is the very first opportunity for you to save some money on this high-quality addition to the growing pool of cargo e-bikes being brought to market. Equipped with a 750W rear-hub motor that can reach top speeds of 20 MPH, and a 720Wh integrated-battery capacity that gives you up to 50 miles on a single charge, this e-bike makes getting around with the goods that much easier. It features a throttle on-demand with four levels of pedal assistance to minimize the amount of energy you use, while the torque sensor is able to recognize your output and match it for superior amplification. It comes with a wide array of accessories like the backlit LCD display, front and rear fenders to protect you from the elements, and a rear rack with up to 143 pounds of weight capacity.
Save up to 36% on Greenworks electric pressure washers
Amazon is offering the Greenworks 2000 PSI Pressure Washer for $160. Down from $200, this 20% discount is the fourth lowest price we have tracked, and the second-lowest of the year. It comes in $32 above the current going used rate. Offering up 2,000 PSI alongside a flow rate of 1.2 GPM, this is an efficient 14A pressure washer designed for residential applications and medium-project duties like cleaning patio furniture, grills, walkways, and vehicles. The motor is able to start up with a push of a button, and automatically shuts off when the spray wand is not engaged. It comes equipped with an on-board soap tank that allows you to switch from pressure washing to using cleaning detergents by changing to the soap tip on the spray wand. Plus, more from $60.
Fall joyrides await on the Hover-1 Pro Boss electric scooter
Amazon is offering the Hover-1 Pro Boss Foldable Electric Scooter for $598. Down from $800, this 25% discount is the fourth markdown that we have tracked, giving you $202 in savings. It comes in $23 under our previous mention, marking a new all-time low.
Equipped with a 500W brushless motor and 36V lithium-ion battery, this scooter is able to reach top speeds of 20 MPH with a 24 mile range on a single charge. It features a premium LED display to indicate your speed, mode, battery level, and miles travelled, and even comes app-enabled to track your ride, pinpoint locations, or adjust the scooter’s settings. Its foldable design ensures storage convenience at home or at your next destination.
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.
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On today’s episode of Quick Charge, President Trump has a wild first day in office, but it’s not ALL bad, either. Plus: Tesla gets diner integration, Hyundai keeps the deal train rolling, and it’s dad’s 80th birthday.
We also look ahead to some possible discounts for Tesla insurance customers, some news on the upcoming “cheap” Cybertruck, and wonder out loud if Puerto Rico’s billion dollar solar project is going to see the light of day. All this and more – enjoy!
New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news.
Got news? Let us know! Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show.
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The Stripe logo on a smartphone with U.S. dollar banknotes in the background.
Budrul Chukrut | SOPA Images | LightRocket via Getty Images
Stripe cut 300 jobs, representing about 3.5% of its workforce, mostly in product, engineering and operations, CNBC has confirmed.
The payments company, valued at about $70 billion in the private markets, still expects to increase headcount by 10,000 by the end of the year, which would be a 17% increase, and is “not slowing down hiring,” according to a memo to staff from Chief People Office Rob McIntosh. Business Insider reported earlier on the cuts and the memo.
A Stripe spokesperson also confirmed to CNBC that a cartoon image of a duck with text that read, “US-Non-California Duck,” was accidentally attached as a PDF to emails sent to some of the employees who were laid off. Some of the emails mistakenly provided affected employees with an incorrect termination date, the spokesperson said.
McIntosh sent a follow-up email to staffers apologizing for the “notification error” and “any confusion it caused.”
“Corrected and full notifications have since been sent to all impacted Stripes,” he wrote.
In 2022, Stripe cut roughly 1,100 jobs, or 14% of its workers, downsizing alongside most of the tech industry, as soaring inflation and rising interest rates forced companies to focus on profits over growth. The Information reported that Stripe had a few dozen layoffs in its recruiting department in 2023.
Stripe’s valuation sank from a peak of $95 billion in 2021 to $50 billion in 2023, before reportedly rebounding to $70 billion last year as part of a secondary share sale. The company ranked third on last year’s CNBC Disruptor 50 list.
In October, Stripe agreed to pay $1.1 billion for crypto startup Bridge Network, whose technology is focused on making it easy for businesses to transact using digital currencies.
Brothers Patrick and John Collison, who founded Stripe in 2010, have intentionally steered clear of the public markets and have given no indication that an offering is on the near-term horizon. Total payment volume at the company surpassed $1 trillion in 2023.
Thinking about upgrading your EV? Rivian (RIVN) launched a new promo on Tuesday, offering up to $6,000 to upgrade your R1S or R1T. Here’s how you can snag some savings.
Rivian R1S and R1T upgrade deal offers up to $6,000
Rivian delivered over 51,500 vehicles last year as the EV maker gains momentum. Although it was only slightly higher than the ~50,100 delivered in 2023, Rivian is expected to see even more growth this year.
After shutting down its Normal, IL manufacturing plant last April and renegotiating supplier contracts, Rivian has seen “significant cost improvements,” according to CEO RJ Scaringe.
Rivian also began delivering its next-gen R1S and R1T models last year. The new Large and Max battery packs have redesigned modules and more efficient packaging, “making them easier to manufacture and service.” For example, Rivian’s new EVs use seven ECUs, down from 17 in the first-generation R1T and R1S.
With new plant upgrades, reworked supplier contracts, and more efficient vehicles, Rivian is now passing the savings on to customers.
Rivian introduced a new promo on Tuesday, offering up to $6,000 to upgrade your R1T or R1S. The bonus amount varies by trim:
Tri with Max battery: $6,000 USD / CAD 8,600
Dual with Max battery and Performance upgrade: $4,500 USD / CAD 6,500
Dual with Max battery: $3,000 USD / CAD 4,300
The offer is for current R1T or R1S owners or lessees in the US and Canada. Rivian launched the new promo on January 21, and it runs through March 31, 2025.
After you purchase or lease a qualifying vehicle, Rivian will apply a discount toward the MSRP. You must take delivery by March 31, 2025. In the fine print, Rivian stated, “You must request a trade-in estimate to qualify for this offer, but trade-in of a vehicle is not required.”
Any other models are excluded from the offer. These include Dual Standard configurations, Dual with Large battery configurations, custom builds, demo vehicles, and pre-owned vehicles.
The new offer follows Rivian’s previous upgrade promo introduced last October, giving qualifying gas-powered vehicle owners or lessees up to $3,000.
Rivian’s R1S was already the tenth best-selling electric vehicle in the US last year, with nearly 27,000 models sold. With more driving range and power at a lower cost, the electric SUV could see even more demand in 2025.
Then again, with the arrival of new luxury electric SUVs, like the Jeep Wagoneer S and Volvo EX90, Rivian will face more competition in the US.
Rivian’s latest promo comes as the Company looks to carry the momentum from the end of 2024 into the new year. The EV maker is offering other deals, including 1.99% APR for 60 months on the R1 Dual with a Max Battery and Performance upgrade.
Even if you are not eligible for the promo, we can still help you find deals on Rivian’s electric SUV in your area. You can use our links below to view offers on the Rivian R1S and R1T near you today.
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