Today I started an indoor session with only 15% battery. At about 45 minutes in, I got a low battery warning which prompted if I wanted to switch to battery save mode. I selected yes and the screen dimmed, then almost immediately I got a count down saying sleeping in 3,2,1 and it went to sleep. A few minutes later it woke up, then almost immediately repeated the sleeping in 3,2,1 shutdown process. This happened several times. It seems that by the time the low battery alert occurred the battery was already way too low to keep the device running even in low power mode
Actually, ignore me, you are correct - there is indeed a sleep countdown after which it should still be recording. In which case you may also be correct that Dave misinterpreted this as the entire device going to sleep when actually it was still running in the background.