While technically correct, I feel like the headline should have mentioned that these two new models are aimed at the off-road market. As in, electric dirtbikes.
And while I am indeed thrilled that prices are pushing downward, I'm still not sure if $4200 is going to substantially move product, at least not without convincing buyers of the unique benefits with going electric. A cursory web search shows that 125cc dirt bikes are in the 7 kW class, but can be bought new for $3500. So the gap is definitely closing, but it's still notable.
I do wonder if they plan to go even smaller, into the 3-4 kW class, which would roughly be the realm of 50cc or 80cc. That would definitely be an off-road only category, and is more atuned for kids. Or perhaps adults wishing to leisurely cruise around dirt tracks. It's also a category where low-duty cycle and short range are most common, and the immediate benefit of electric is not having to stabilize two-stroke fuel over the winter.