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When one carmaker controls over 60% of the EV market, any price changes can reverberate through the industry. In this case, Tesla’s steep price cuts combined with gaining access to federal tax credits have sent shockwaves through the industry. Let’s take a look at the first price drops from legacy automakers…

According to KBB, the average transaction price of a new electric vehicle sold in January was $58,725. That’s a 5.4% drop since December, sparked by Telsa’s massive price cuts. Most notably, the Model Y starting MSRP plummeted by five figures, from being thousands of dollars over the average EV transaction price last year to thousands under, now as low as $51,990 for the sporadically available standard range version. Naturally this had a profound effect on its competition, and below is a summary of EV deals we discovered while updating our Electric Vehicle Price Guide and Electric Vehicle Lease Guide.

VW ID.4

Even though they publicly said otherwise, Volkswagen and its dealers were relatively quick to respond to Tesla’s price cuts, and for good reason. With trim levels and drivetrain configurations ranging from $38,995 for a rear-wheel-drive ID.4 Standard to $55,245 for an all-wheel-drive ID.4 Pro S Plus, prospective VW customers now have two luxury-branded EVs entering their trade space: the Model Y, an all-wheel-drive with more cargo space that is nearly identically priced with the high end of the ID.4 price range, and the rear-wheel-drive configuration of the Model 3, which at $41,490, costs less than a comparably equipped rear-wheel drive ID.4 Pro. VW hasn’t lowered their MSRP yet this year like Ford did on its Mustang Mach-E, in fact its last price move was in late December – a $1,500 increase that likely caused many ID.4 reservation holders to forego their opportunity to order a 2023 model (myself included). However, unlike other EV manufacturers, VW quickly rolled out a factory lease offer that passes the entire $7,500 federal EV tax credit to the consumer. Its lease terms are $649/month for 36 months with $3,999 due at signing, 10K miles/year for a 2023 all-wheel-drive ID.4 Pro S, which computes to an average monthly cost of $735/month before tax and license. That’s about $40/month cheaper than Tesla’s lease on a Model Y Long Range.

VW dealers across the country are now offering discounts, some of them substantial, on the ID.4. Topping the list of discounts on 2022 and 2021 models is VW of Perrysburg in Ohio with a $4,108 discount on a 2022 AWD Pro S, followed by VW of Fall River in Massachusetts with $3,000 off on a 2021 rear-wheel-drive Pro S and Cardinale Way VW in Southern California with a $2,000 discount on a rear-wheel-drive 2022 Pro S.

For those that qualify for the $7,500 federal EV tax rebate and don’t want to lease, buying the Chattanooga-built 2023 ID.4 should be more attractive than buying a discounted 2022 or 2021 despite the 2023 model’s higher MSRP.  Brooklyn VW in New York has the best deal on a 2023 with a $3,000 discount on an all-wheel-drive Pro S, followed by VW of Fall River in Massachusetts with $2,020 off on an all-wheel-drive Pro S and Peoria VW in Arizona with a $1,500 discount on a rear-wheel-drive Pro S.  Check for VW ID.4 deals in your area.

Kia EV6

Like VW, Kia has not reduced MSRPs on their EVs in response to the Tesla’s price cuts yet, but it did improve lease terms on the EV6 somewhat. A 2023 EV6 all-wheel-drive in Wind trim with a $53,925 MSRP can be leased at $754/month for 36 months with $2,754 at signing, resulting in an average monthly cost of $810/month plus tax and license. That’s $37/month more than a Model Y Long Range lease even though the Model Y stickers for almost $1,000 more than the EV6. Settling for the less-expensive rear-wheel-drive EV6 Wind (MSRP $48,700) drops the average monthly cost down to $713/month, which is $60 less than the aforementioned Model Y lease. Kia has been ratcheting up its EV6 lease incentive, now at $2,700, but it continues to bogart a lion’s share of the $7,500 federal EV tax rebate rather than passing it all to the consumer, which results in lease terms that are less than favorable when compared to the competition.

Kia-EV6-GT

Fortunately for the consumer, many Kia dealers have ditched the exorbitant markups of yore in favor of attractive discounts. Best discount we found is an EV6 Wind AWD priced at $5,700 below MSRP at Kia Store Anniston in Alabama. Next best is from Ron Tonkin Kia in Oregon, with a $3,250 discount on a rear-wheel-drive EV6 Wind. Kia of Irvine and Car Pros Kia of Glendale, both in the hot Southern California EV market, round out the best discounts on an EV6 with markdowns of $3,010 and $3,000 respectively. Find Kia EV6 deals near you.

Kia Niro EV

Frankly, the new-for-2023 second-generation Kia Niro EV seems a bit overpriced for today’s market. Besides overlapping with rear-wheel-drive versions of upscale EVs such as the Kia EV6, Hyundai Ioniq 5, and now the Tesla Model 3, the Niro EV MSRP ($39,550 to $44,550) is also thousands of dollars more than similar front-drive EVs with over 200 miles of range – namely the Chevrolet Bolt EUV, Hyundai Kona Electric, and Nissan LEAF SV Plus. So it’s no wonder that there are Kia dealers that are discounting it so soon after its debut. Largest discounts below MSRP we found are at Ron Tonkin Kia in Oregon ($5,973) and Crowley Kia in Connecticut ($4,860), followed by SoCal dealers Kia of Irvine ($3,590), and Car Pros Kia of Glendale ($2,700).

2023 Kia Niro EV

As far as leasing, Kia recently reduced the monthly payment on its lease offer by $40/month. The terms are now $379/month for 39 months with $3,999 due at signing, for an average monthly cost of $472/month before tax and license, which is only $10/month more than Chevrolet’s Bolt EUV lease. Car Pros Kia of Huntington Beach in Southern California is one dealer that is advertising lease terms that beat the factory offer – $349/month for 39 months with $2,999 due at signing – which works out to an effective cost of $423/month before tax and license. The fine print in the ad lists stock numbers to which the lease special applies, including a few Niro EVs at the Car Pros dealers in Glendale and Moreno Valley. Look for Kia Niro EV deals in your locale.

Quick Takes

Nissan Ariya: This all-new, long-awaited crossover finally started arriving at dealerships in significant quantities last month, just as Tesla dropped the price of the Model Y by $13K. Inventory has ballooned in the past several weeks and some dealers are offering discounts over and above Nissan’s $1,240 “Reservationist Private Offer.” Nissan of Lewisville in Texas is taking $3428 off MSRP on an Ariya Evolve+, while Wesley Chapel Nissan in Florida is discounting an Ariya Engage by $1,000. We even found one dealer the San Francisco area  – Concord Nissan – offering a $939 discount on an Ariya Engage. Nissan hasn’t published a factory lease offer yet, but we did find one dealer – Tustin Nissan in California – offering a $0 down, $599/month, 18-month lease on an Ariya Engage priced at $44,735. Look for Nissan Ariya deals near you.

Hyundai Kona Electric: The 2023 Kona Electric can be leased for an average monthly cost of only $382/month, which is currently the cheapest factory lease offer on an EV in the nation. A few dealers are offering discounts from MSRP, including Hyundai San Luis Obispo in California ($2,005 off), Atlantic Hyundai in New York ($1,761 off), and Ourisman Hyundai Laurel in Maryland ($886 off). Most Hyundai dealers are also advertising a Hyundai-backed $750 incentive packaged with low-APR financing, which sweetens the deal a little more. Check local dealers for Hyundai Kona Electric deals.

Hyundai Ioniq 5: This past weekend, Hyundai finally decided to pass the full $7,500 federal EV tax credit to the consumer in its Ioniq 5 lease offer. Terms are now $539/month for 39 months, $3,999 due at signing on a rear-wheel-drive Ioniq 5 SE priced at $46,835. For those that don’t want to lease, Hyundai now has a $1,000 cash incentive on the purchase of an Ioniq 5. Find Hyundai Ioniq 5 deals near you.

Ford Mustang Mach-E: A few remaining 2021 and 2022 models in GT trim are being offered below MSRP at Metro Ford Miami in Florida ($5,449 off), Greenway Ford in Florida ($2,000 off), and Stanley Ford in Texas ($1,208 off). 2023 inventory is growing, and many dealers are now offering what they have in stock at MSRP. Look for Ford Mustang Mach-E deals in your area.

Ford F-150 Lightning: A number of dealers are unwinding massive markups on remaining 2022 models in Lariat trim which, at MSRP, is $7,000 less than a 2023 Lariat. We even found a few discounts: Ford of Branford in Connecticut has a 2022 Lariat at a $2,023 discount, and Chapman Ford in Pennsylvania has a 2022 Lariat at a $1,522 discount. Stanley Ford in Texas doesn’t have a 2022 Lariat, but it does have a top-of-the-line 2022 F-150 Lightning Platinum priced $4,207 below MSRP at $89,997, which should be about $10,000 less than a similarly equipped 2023 model. Find a 2022 Ford F-150 Lightning near you.

Tesla Model Y Standard Range: Yeah, this is the elephant in the room, so I saved it for last. Can’t order it right now, so if you want the least expensive, no-options example of this $51,990 gem, you’ll have to check Tesla’s immediately available inventory at least daily and plunk down a non-refundable $250 fee as soon as it pops up. If you don’t mind paying $2,000 more for big rims and need it in a color other than white anyway, you probably have a bit more time to decide since anything with options seems to hang around in inventory for another day or three, especially after the latest price hike (it actually appeared at $49,990 in January). Tesla’s current lease deal on this 279-mile configuration of the Model Y, even with the $2,000 rims and tires, is a relative bargain for a luxury-branded all-wheel-drive SUV at $523/month for 36 months, with $5,718 due at inception (including the $250 order fee), for an average monthly cost of $667/month before tax and license.

As always, check our Electric Vehicle Best Price Guide and Electric Vehicle Best Lease Guide for the best deals on EVs in the US.

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Homeowners share surprising, real-world data after installing solar panels

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Homeowners share surprising, real-world data after installing solar panels

Are you wondering what kind of results you’d get if you added a home solar system to your roof? Homeowners are sharing their results online — and the real-world data might surprise you!

In a recent post to r/Solar, a Reddit user going by DontBuyBitcoin shared a screenshot indicating that their newly-installed ~11.5 kW system produced over 1,700 kWh of electricity in October. “Pretty surprised by the production of the system I got,” writes DontBuyBitcoin. “11.48KW. I cant wait to see what JUNE-AUGUST [2026] going to look like 😍 I wish SolarEdge will make their app better looking with more functionality”

Home solar energy chart


1.7 MWh month; via DontBuyBitcoin.

Other Redditors were quick to share in the enthusiasm. “Congratulations!!! Great numbers,” wrote LegalNet4337. “We got 1.6 MWh with a 14.45 kW system. East and West facing panels in SoCal.”

That 1,700 kWh is nothing to sneeze at. Based on the current national average electricity price of about $0.17/kWh (in AUG2025), DontBuyBitcoin’s admittedly large-ish system translates to ~$290 of potential savings. In a higher rate state like Illinois, with a projected 2026 kWh rate that’s closer to $0.18/kWh, that’s ~$306/mo.

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We expect retail electricity prices to residential customers will average 17 cents per kilowatthour (kWh) nationwide in 2025, a 4% increase over 2024, and then rise to approximately 18 cents/kWh in 2026. This rise continues a trend in which residential electricity prices have increased at an average annual rate of 5% each year since the COVID-19 pandemic. The increase in retail electricity prices this year comes as the cost of natural gas to the electric power sector was up more than 40% in 1H25 compared with a year earlier, with similar year-over-year increases forecast for the remainder of 2025. The average cost of natural gas for power generation in our forecast increases another 17% in 2026.

US ENERGY INFORMATION ADMINISTRATION (EIA)

Those are big numbers, but 11-15 kW rooftop solar systems are big. Significantly bigger, in fact, than the US average, ~6.6 kW in 2024 – but you don’t have to have a big system in order to post big numbers. Superior weather conditions and perfect PV panel placement can also get the job done, as another Redditor found.

“The last 2 days we have had perfect weather here in South Florida and I have been able to get over 30 kWh from a 5 kW system with a 3.8 kW inverter. This is the highest I have seen since getting PTO in September,” wrote Redditor dlewis23, who shared another SolarEdge graph. “I am super happy with seeing over 30 kWh in a single day.”

30 kW/day from home solar


Taken altogether, these real-world snapshots prove that whether it’s a modest 5 kW array or a beefy 10+ kW setup, homeowners out in the real world are seeing meaningful, measurable differences from their home solar installations. And, with retail electricity prices projected to keep on rising through the decade, every kilowatt counts.

Electrek’s Take


From Electrek SEP2025 survey.

When we ran our “Why did you choose to go solar?” survey back in September, only 32.6% of respondents chose, “Lowering my monthly utility bills” as their primary motivation to go solar. That result proved, in my mind, that Electrek readers are just better people than most, and seem to be willing to spend a little more to do something positive for their environment and their community.

That said, wasn’t it no less a thinker than Albert Einstein who said, “Compound interest is the most powerful force in the universe” (Google it.)? And, with a 5% rate hike compounding every year from now until the AI and data center bubbles burst, the impact energy rates may have on all our pocketbooks may be enough to put “Lowering my monthly utility bills” back on top.

If and when that happens: be smart, get several quotes, and understand the difference between buying and leasing your PV system (especially if you plan on selling your home in the foreseeable future).

SOURCES: Reddit, EIA; featured image via Tesla.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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Volvo set to ditch LiDAR for 2026 – and Luminar is BIG mad

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Volvo set to ditch LiDAR for 2026 – and Luminar is BIG mad

It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch LiDAR tech entirely in 2026.

In a recent SEC filing following a missed interest payment on its 2L notes, Luminar confirmed that Volvo’s new ES90 and EX90 flagship models (along with the new Polestar 3) would no longer be offered with LiDAR from Luminar. The move signals a full reversal on the safety tech that had started as standard equipment, then became an option, and is now (according to reports from CarScoops) gone altogether.

In a statement, a Volvo Cars USA spokesperson added the decision was reportedly made, “to limit the company’s supply chain risk exposure, and it is a direct result of Luminar’s failure to meet its contractual obligations to Volvo Cars.”

This is what Luminar had to say about the current, icy state of the two companies’ relationship as of the 31OCT filing:

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The Company’s largest customer, Volvo Cars (“Volvo”), has informed us that, beginning in April 2026, Volvo will no longer make our Iris LiDAR standard on its EX90 and ES90 vehicles (although Iris will remain an option). Volvo also informed the Company that it has deferred the decision as to whether to include LiDAR, including Halo (Luminar’s next generation LiDAR under development), in its next generation of vehicles from 2027 to 2029 at the earliest. As a result of these actions, the Company has made a claim against Volvo for significant damages and has suspended further commitments of Iris LiDAR products for Volvo pending resolution of the dispute. The Company is in discussions with Volvo concerning the dispute; however, there can be no assurance that the dispute will be resolved favorably or at all. Furthermore, there can be no guarantee that any claim or litigation against Volvo will be successful or that the Company will be able to recover damages from Volvo.

As a result of the foregoing, the Company is suspending its guidance for the fiscal year ending December 31, 2025.

LUMINAR

On November 14, Luminar confirmed that Volvo had terminated its contract altogether, in a blow that could leave Luminar rethinking its long-term future and planning litigation against its biggest ex-customer.

The news follows a host of significant upgrades to the EX90 that include a new, more dependable electronic control module (ECM) and 800V system architecture for faster charging and upgraded ADAS that improves the automatic emergency steering functions and Park Pilot assistant.

Electrek’s Take


You can’t spend years telling everyone you’re miles ahead because you have LiDAR, then ditch LiDAR, and pretend no one is going to call you out on it. They had better hope they don’t up on Mark Rober’s YouTube channel doing a Wile E. Coyote impression (above).

That said, it’ll be interesting to see if ditching the LiDAR has a negative impact there. Or, frankly, whether ditching the LiDAR and its heavy compute loads will actually help mitigate some of the EX90’s niggling software issues. It could go either way, really – and I’m not quite sure which it will be. Let us know which way you think it’ll go in the comments.

SOURCE: Luminar, via SEC filing; featured image by Volvo.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

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John Deere electric riding mower gets removable batteries from EGO

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John Deere electric riding mower gets removable batteries from EGO

The new John Deere Z370RS Electric ZTrak zero turn electric riding mower promises all the power and performance Deere’s customers have come to expect from its quiet, maintenance-free electric offerings – but with an all new twist: removable batteries.

The latest residential ZT electric mower from John Deere features a 42″ AccelDeep mower deck for broad, capable cuts through up to 1.25 acres of lawn per charge, which is about what you’d expect from the current generation of battery-powered Deeres – but this is where the new Z370RS Electric ZTrak comes into its own.

Flip the lid behind the comfortably padded yellow seat and you’ll be greeted by six (6!) 56V ARC Lithium batteries from electric outdoor brand EGO. Those removable batteries can be swapped out of the Z370RS for fresh ones in seconds, getting you back to work in less time than it takes to gravity pour a tank of gas.

And, because they’re EGO batteries, they can be used in any 56V-powered EGO-brand tools and minibikes for unprecedented cross-brand interoperability. Tools and minibikes that, it should be noted, can be purchased at John Deere dealers across the country.

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The upsell scripts write themselves, kids. And when you start your dialing, tell your prospective customers their new Z370RS Electric ZTrak electric mower lists for $6,499, and if you order now we can bundle it with EGO minibike for the kiddos – just in time for the holidays!

Electrek’s Take


When John Deere launched the first Z370R, Peter Johnson wrote that electrifying lawn equipment needs to be a priority, citing EPA data that showed gas-powered lawnmowers making up five percent of the total air pollution in the US (despite covering far less than 5% of the total miles driven on that gas). “Moreover,” he writes, “it takes about 800 million gallons of gasoline each year (with an additional 17 million gallons spilled) to fuel this equipment.”

It should go without saying, then, that states like California, which are banning small off-road combustion engines, have the right idea.

SOURCE | IMAGES: John Deere.


If you’re considering going solar, it’s always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use, and you won’t get sales calls until you select an installer and share your phone number with them. 

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

FTC: We use income earning auto affiliate links. More.

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