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Exclusive: E-bike maker SONDORS up for sale as company enters receivership

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Right after a series of financial setbacks , adopted by an Electrek exposé revealing the unsuccessful Metacycle electric powered bike challenge, e-bicycle maker SONDORS has appeared to enter receivership. The research is now on for a purchaser who can scoop up the enterprise and its belongings. Electrek has reviewed paperwork despatched out by Rock Creek Economic Advisors (RCFA) indicating that an RFCA agent has been appointed as receiver of SONDORS, Inc. and that the enterprise is getting presented for sale together with its belongings. RCFA describes alone on its web site as specializing in &#x201Cadvising and functioning businesses by point out controlled Assignment for the Advantage of Lenders (ABCs), which are a speedier, much less expensive, and a lot less publicized insolvency continuing that makes it possible for a enterprise to drop its liabilities in a expense helpful method, provide the belongings of the enterprise and wind-down the enterprise by the Rock Creek

More Than 7,000 U.S. Car Dealers Sign Up For ‘Point Of Sale’ EV Credits

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Automotive sellers and electrical motor vehicles, it&#x2019s not very the match manufactured in heaven. If 2023 was just about anything to go by, the schism was obvious&#x2014a 12 months marked by staunch vendor revolt versus EVs. The resistance arrived in many techniques, 1 of which was a letter signed by pretty much four,000 dealerships to President Biden demanding to &#x201Cslow down&#x201D the polices favoring EV production and revenue. One more 1 included blatant lies to buyers about the abilities of EVs to coerce them into purchasing gasoline autos rather. But 2024 could open up a new chapter for American sellers, and let them an possibility to occur thoroughly clean. Contemporary information out of Washington D.C. signifies that sellers could possibly be ready to embrace EVs (or at minimum make a real endeavor.) Much more than seven,000 American motor vehicle sellers have registered with the IRS to offer tax credits to buyers at the position of sale, the U.S.

The story behind Trans Am Worldwide’s 70/SS Chevelle tribute

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Trans Am Worldwide’s 70/SS is a tribute to the 1970 Chevrolet Chevelle Tremendous Activity with extra than one,500 hp, a handbook transmission, and a style and design that drips in nostalgia. The convertible muscle mass vehicle was unveiled in 2022, but Trans Am Globally a short while ago launched a video clip that delves into extra element about the car’s genesis and specs. Trans Am Globally is the sibling firm of Trans Am Depot . It is really staffed by the very same crew that introduced Pontiac Firebird Trans Am tributes, like a Burt Reynolds-endorsed Bandit Trans Am and a 455 Super Duty Trans Am , equally of which applied the&#xA0 Chevrolet Camaro &#xA0as a commencing issue. Trans Am Globally 70/SS Like some of the past tasks, the 70/SS is based mostly on the Common Motors Alpha system that underpins the present-era Camaro. But replicating the 1970 Chevelle’s legendary search expected some stretching. The 70/SS is six. inches broader than a manufacturing facility Al

Did Arkansas State Trooper’s 150 MPH Challenger Hellcat Pit Chase Put Public At Risk?

The post Did Arkansas State Trooper’s 150 MPH Challenger Hellcat Pit Chase Put Public At Risk? appeared first on Cars News Magazine . The Auto Xone

Tesla held a Christmas market event for Giga Berlin employees

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By Zachary Visconti Posted on December 23, 2023 Soon after Tesla place up some Xmas decorations at its German Gigafactory final thirty day period, the automaker has shared footage from an worker getaway celebration held at the plant. Tesla was seen preparing its Gigafactory Berlin-Brandenburg with decorations at the close of November, and now the automaker has shared a video clip from its producing account exhibiting off a Xmas market place for staff. The video clip displays the Xmas trees, lights and other decorations encompassing the spot, with pictures of workforce taking part in game titles, consuming drinks and socializing. Giga Berlin obtained dressed up with its pretty possess xmas market place for our workforce to mingle and jingle. Content holiday seasons to everybody. pic.twitter.com/RBhaOEjPqp &#x2014 Tesla Production (@gigafactories) December 22, 2023 CEO Elon Musk also replied to the submit on Friday, merely which include emojis de

The $4,800 Chinese electric sportscar that isn’t very… sporty

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I&#x2019m admittedly a lot more of a two-wheeled type of dude, proudly owning and using just about each and every form of electric bike, scooter, and e-motorcycle out there . But I&#x2019ve usually assumed that the point that could get me to invest in an electrical car or truck would be a shorter minimal electrical roadster &#x2013 one thing like an e-Miata. Following searching by Alibaba not long ago, I assumed I experienced at last located my muse. At the very least, till I dug a minimal further. The point about this slick-wanting electrical sportscar is that it&#x2019s only slick-wanting from a length. After you get up near, the quirks turn into a great deal a lot more recognizable. But then once more, that just helps make it a ideal entry for this 7 days&#x2019s Awesomely Weird Alibaba Electric Vehicle of the Week series! For occasion, consider the entrance air scoops. They look to be good, as in they&#x2019re merely painted on. There&#x2019s no a

Massive Road Rage Brawl Erupts After Truck Flips Over With Pickaxe-Wielding Drivers In New York

The post Massive Road Rage Brawl Erupts After Truck Flips Over With Pickaxe-Wielding Drivers In New York appeared first on Cars News Magazine . The Auto Xone