Electret is material that can hold permanent electrical charge. Voltage equivalent can be up to several thousands volt but typically - couple of hundred.
In this simplified scheme, all Electret is doing - is replacing Bias Voltage Supply.
I don't see advantage of using Electret over connected metal plated conductive membrane,
unless electret membrane can be lighter and more flexible.
Both technologies use transformers to drive AC signal voltage up.
This design suggests passive conducive (plated) membrane - not electret.
So, the main difference from something like Shure KSE electrostats - is that it has high voltage amp that covers the entire range.
Sonion drivers can only cover upper frequencies otherwise the size of the transformers has to be too large for an IEM.
My guess is that use of Electret allows to use lighter membrane and/or lower voltage ratio transformers, that can be smaller.
Technically it's not a deception. The membrane moving principle is the same, thus the same will be effect on the sound.
In fact, theoretically Electret might be superior in some applications because it provides static charge, eliminating need for push-pull but most likely allows to induce stronger force at the same distance between 2 electrodes.
Why all this outrage, blaming Sonion for riding 30 year old audiophile hype about EST, - if the end result is the same, and people are buying products based on reviews & impressions more than anything.
If the difference of using EST vs Electret vs BA can be affected by placebo effect from said "deception" - that suggests difference wasn't worthy of investment to begin with. So, until someone convinces me that Electret may lose charge overtime or dynamically change charge, sufficiently to affect the sound, - why should I care how they call it for marketing reasons?
Shuoer Tape was a deception. It never sounded to me like EST. It was EarBridge ABM.
BGVP Zero however, - does, so whatever they're using - at least sounds as good or better than a good sub-micron planar(like Tin P1). I believe it's TDK EST driver.
I, personally am at the point, when with rare exception(like L5 just for the tuning), will seek IEMs where treble is done by an EST type drivers.
This is the first time in 18 month, I don't miss ier-z1r anymore.