Just a little over a year after securing $1.2 million through its most recent Indiegogo crowdfunding campaign, up and coming cycling company Sondors announced the launch of its new Sondors Fold and Fold “X” bike. According to the company, the new bike was pitched to a VIP-only audience two days before its official debut and the pre-launch resulted in nearly $1 million in sales so far.
According to Sondors, the new bike is described as a “game-changer” in transportation and offers a two simple folds in less than ten seconds and is ready for effortless storage in just about any space. Both of the models are equipped with LCD display for five-speed electric pedal assistance and all-terrain tires, as well as the company’s proprietary cylinder lithium-ion battery, forged aluminum frame, and optional Shimano 7-speed gear cassette with grip shifter.
While sharing more details about the bike models, Storm Sondors, founder and CEO of Sondors, stated:
“Sondors Fold takes away the excuses anyone might have had not to drink SONDORS electric kool-aid. There’s no more ‘it’s too big’ or ‘it’s too heavy’. This is the SONDORS to bridge the gap to our goal of democratizing electric transportation.”
Sondors Fold will also come with a 350W motor and 36V battery in either 8.8 or 17.5 Ah lithium-ion options and will provide speeds up to 20mph, with a pedal assist of around 68 miles with the 17.5 Ah lithium-ion battery. The bike price is starting at $699 for a limited time, and the retail price will range between $999 and $1,285.
The Sondors Fold “X” will offer a 500W motor and 48V 17.5Ah lithium-ion battery, along with extreme hill-climbing, acceleration, towing capacity and greater range, with up to 85 miles using electric pedal assist – contingent upon rider and towing weight, wind-speed, and terrain. Starting at $899 for a limited time, the retail price of the bike will go between $1,285 and $1,428.
Sondors noted that the Sondors Fold will be manufactured in extremely limited supply and is presently offered exclusively to Sondors owners. The bikes will not become available to non-Sondors owners until 2018.
Meanwhile, Sondors has recently turned its sight to the automotive industry. The company launched an equity crowdfunding campaign on StartEngine last fall, seeking funds for its new electric car. Through its first Indiegogo campaign, Sondors raised more than $6 million.
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