Electric bike and e-motorcycle company SONDORS recently announced a limited discount of $2,500 on its $6,500 electric motorcycle. The discount was available for the next 1,000 customers who put down a $500 deposit, and the bikes were slated for Q4 2023 deliveries. Now, the company has reported that all of the credits have been used up.
The fire sale created quick demand, which shouldn’t come as a surprise. $4,000 can get you a pretty nice 20 mph (32 km/h) electric bicycle, so a highway-capable electric motorcycle for the same price sounds quite enticing. However, the surprise discount also created speculation about the company’s financial standing. After filing for an IPO late last year and revealing a less than rosy financial report, SONDORS has since postponed the planned IPO.
The Metacycle, which was first unveiled in early 2021, has proven itself to be a capable urban commuter bike that is still fast enough for short jaunts at highway speeds. It has a maximum claimed range of 80 miles (130 km) at slower city speeds, but mixed ranges of 40-50 miles (64-80 km) with combined city and limited highway riding have been reported by riders.
The Metacycle became one of the first low-cost light electric motorcycles to hit the market in the US, but will soon face competition from other models. The CSC RX1E is said to be arriving in the US in April, and the RYVID Anthem bike is expected to launch sometime later this year.
While the Metacycle may not be a sport bike, it is an innovative design with an accessible price. It works well, is fun to ride, and has the potential to bring commuter/recreational e-motorcycle riding to many more people than would have been possible before.
It remains to be seen how SONDORS’ financial situation will affect the Metacycle’s success, but it is clear that the bike has already made an impact on the electric motorcycle industry. With more competition on the horizon, it will be interesting to see how the Metacycle fares in the coming months.
FAQ
Q1. When will electric cars be available in the UK?
A1. Electric cars are already available in the UK and can be purchased from a variety of dealerships.
Q2. Where can I find electric car charging stations near me?
A2. You can find electric car charging stations near you by using online maps or apps such as PlugShare or ChargePoint.
Q3. Which electric car is the best?
A3. The best electric car depends on your individual needs and preferences. Some popular models include the Tesla Model 3, Nissan Leaf, and Chevrolet Bolt EV.
