Research shows electric vehicles are better for the environment. Not only do they emit fewer CO2 emissions, but you also don’t have to worry about falling victim to volatile gas prices. Ford shows us just how much you can save by driving electric vehicles compared to an equivalent gas car.
Ford highlights CO2 savings from its electric vehicles
Ford released its first sustainable financing report Wednesday, highlighting its climate objectives and how its investments are paying off so far.
Last November, Ford introduced its sustainable financing framework in conjunction with the automaker’s first green bond. Ford offered the $2.5 billion green bond to investors, the largest from a US-based company at that time.
The automaker said the proceeds from the bond offering would be used to fund its electric vehicle rollout, including:
Mustang Mach-e
F-150 Lightning
E-Transit van
One year later, Ford is reporting on the progress of the allocation of these “green funds” as it pertains to sustainability, including how much CO2 and gas driving its electric vehicles can save.
According to Ford, driving electric vehicles using US grid-average electricity can reduce CO2 emissions by as much as 60% compared to a similar gas-powered car. Here’s a look at how much you can save with each Ford EV model.
Lifetime Ford EV CO2 savings vs .gas car (metric tons) / Source: Ford
As you can imagine, the larger the vehicle, the more savings you will see over its lifetime. At current average gas prices, you would save over $27.2K (8,777 gallons) in gas with the Lightning electric pickup, $14.6K (4,726) in the Mustang Mach-E, and $19.2K (6,189) in the E-Transit.
In addition, lifetime CO2 savings (metric tons) include:
F-150 Lightning: 78
Mustang Mach-E: 42
E-Transit: 55
Ford says it’s on track to meet its goal of 50% of global sales to be electric by 2030 as it works toward a fully electric future by 2040.
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Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising
The new and improved 2026 Kia EV9 and 2025 EV6 are eligible for the $7,500 federal EV tax credit, but one trim is excluded.
Do the Kia EV6 and EV9 qualify for the federal tax credit?
Kia’s first dedicated electric vehicle, the EV6, received some pretty major upgrades for its mid-cycle update this year.
The 2025 EV6 features a bigger battery providing more range (now up to 319 miles), a stylish interior and exterior redesign, and an NACS port for charging at Tesla Superchargers.
Kia’s first three-row electric SUV, the EV9, also has a native NACS charging port and will be the first model year to offer a high-performance GT trim.
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We got a good look at the EV9 GT at the LA Auto Show last year (check it out here). The sporty electric SUV boasts 501 hp, which is quite a bit more than the current GT-Line’s 379 hp. The added power is enough for the big-body SUV to move from 0 to 60 mph in just 4.3 seconds.
Although Kia America’s vice president of sales, Eric Watson, confirmed the EV6 and EV9 are now in “full-scale production” at its plant in West Point, Georgia, not all trims will qualify for the $7,500 federal tax credit.
According to CarsDirect, Kia told dealers that the 2025 EV6 and 2026 EV9 GT trims wouldn’t be eligible for the credit. A spokesperson said the exclusion is because Kia builds the EV6 GT and EV9 GT in South Korea, while all other trims are assembled in Georgia.
If Trump’s 25% tariff on South Korea is still in effect when the GT models launch in the US, it could create a significant price gap between trims.
Despite this, you will likely still be able to take advantage of the credit through leasing. Kia, like many, is passing the $7,500 on through lease cash, which can significantly cut monthly payments.
Kia will reveal more info, including prices, closer to launch. Check back soon. We’ll keep you updated with the latest.
With the new models arriving soon, Kia is offering clearance pricing on outgoing models. Monthly leases start as low as $179. You can use our links below to find deals on the Kia EV6 and EV9 near you.
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Donald Trump is expected to sign executive orders today to resuscitate the US coal industry – here’s why this is a complete waste of time.
Once again, using “emergency authority” by citing the growing power needs from data centers, EVs, and AI, the executive orders will allow some old coal-fired power plants scheduled for retirement to stay online.
The orders will also direct federal agencies to identify coal resources on federal lands, lift barriers to coal mining barriers, and prioritize coal leasing on US lands.
An Obama-era moratorium that paused coal leasing on federal lands will officially be acknowledged and federal agencies will be required to scrap policies moving away from US coal production. Trump also wants to boost coal exports and speed up coal technology development.
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Electrek’s Take
The coal and mineral industry is happy about this executive order, as well as the EPA recently giving them a free pass to pollute, and the MAGA crowd might think this is great, but no one else thinks this clever.
Trump can try to pretend that coal is “clean,” but it doesn’t change the fact that coal is the dirtiest of fossil fuels – its emissions killed 460,000 people between 1999 and 2020. Plus, it’s not even cost-effective – even natural gas is cheaper than coal. And these plants are old – the average age of the plants that are online is 53.
Coal has been in decline for a long time – it peaked in 2007. As I just wrote last month, coal fell to a record low of 15% of total electricity generation in the US in 2024, and wind and solar accounted for 17% of total electricity generation. That’s right – wind and solar successfully provided more power generation in the US than coal last year.
And while electricity demand will indeed skyrocket over the following decades, clean energy is capable of meeting that demand. The Energy Information Administration projects that in 2025, 93% of new power added to the US grid will be from solar, wind, and battery storage.
In an emailed statement, Kit Kennedy, managing director for power at the Natural Resources Defense Council, questioned whether a mandate for Americans to commute by horse and buggy would be next. It’s a fitting sentiment because the fact that I’m even writing a story in 2025 about why trying to revive coal is a bad idea feels ludicrous. Trump seems to forget he’s not William McKinley and this isn’t 1900.
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After a few “technical advances,” BMW is upgrading its EVs with more driving range, features, and options. All BMW i5 models now have more range, while the 2026 iX has an EPA-estimated driving range of up to 364 miles.
BMW iX and i5 EVs gain more range
BMW announced 2025 model year updates coming this spring with a few exciting improvements to look forward to.
The BMW i5 eDrive40 features up to 310 miles of range, up from 295 miles in the outgoing model. Meanwhile, the i5 xDrive40 has a driving range of up to 278 miles, up from 266 miles in the 2025 model year.
BMW said that the improvements are due to “a number of technical advances that reduce energy consumption, and, thus, improve their range.” The new i5 uses a more efficient, more powerful SiC inverter, which also powers the new 2026 iX.
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All BMW 5 Series models are available with a new Frozen Portimao Blue metallic paint color. Two new Merino leather interior colors have also been added: Dark Violet/Atlas Grey and Taupe/Atlas Grey.
BMW i5 model
Driving Range (increase from MY2025)
i5 eDrive40 (19-in wheels)
310 mi (+ 5%)
i5 eDrive40 (20-in wheels)
300 mi (+ 8%)
i5 eDrive40 (21-in wheels)
278 mi (+ 3%)
i5 xDrive40 (19-in wheels)
278 mi (+ 5%)
i5 xDrive40 (20-in wheels)
272 mi (+ 4%)
i5 xDrive40 (21-in wheels)
259 mi (+ 4%)
BMW i5 range by trim
Although BMW revealed the 2026 iX earlier this year, the company now says it has an even greater EPA-estimated range than it projected.
The 2026 BMW iX xDrive60 is rated with a range of 364 miles when equipped with 20″ Aero wheels on summer tires, 7% higher than the 340 miles it initially expected. It’s also a drastic improvement from the 309-mile rating for the 2025MY.
Despite the upgrades, BMW’s electric SUV gets a $12,100 price cut thanks to a new entry-level xDrive45 model, which starts at just $75,150.
Horsepower
Starting Price*
Driving Range
2026 BMW iX xDrive45
402 hp
$75,150
312 miles
2026 BMW iX xDrive60
536 hp
$88,500
364 miles
2026 BMW iX M70
650 hp
$115,500
303 miles
2026 BMW iX prices and range by trim (*excluding $1,175 destination fee)
BMW fine-tuned the exterior, which now includes new vertical headlights and a revamped Kidney Grille that illuminates.
The 2026 BMW iX is also the first BMW to feature its new Curved Display OS with video streaming, in-car gaming, and more.
Ready to try out BMW’s electric cars for yourself? We can help you get started. Check out our links below to find BMW iX and i5 models near you.
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