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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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Lectric launches long-range XP Trike2 750 with $493 preorder bundle, Bluetti backpack stations from $199 low, Rad Power, more

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Lectric launches long-range XP Trike2 750 with 3 preorder bundle, Bluetti backpack stations from 9 low, Rad Power, more

We’ve got another big EV release headlining today’s Green Deals, as Lectric has officially launched its new XP Trike2 750 Long-Range eTrike for preorder with a $493 bundle at $1,799 – and you’ll also find the new standard XP Trike2 getting its largest post-launch bundle yet. Next, Bluetti’s latest sale has some 48-hour flash offers alongside some top backup support picks, led by the returning low prices on the Handsfree 1 and 2 Backpack Power Stations starting from $199. There’s also Rad Power’s pet-focused accessory deals for National Dog Day that are joining its ongoing Labor Day Sale, as well as an EGO chainsaw offer, a one-day-only Fremo power station low, and more waiting for you below. Plus, all the hangover savings are at the bottom of the page, like yesterday’s first-ever Ride1Up VORSA e-bike discount, the Segway Navimow robot lawn mower Labor Day savings, and more.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Review: The ST3 Pro e-scooter brings serious suspension alongside smart controls and more as Navee’s latest flagship

As a long-time rider of Segway electric scooters, my expectations are quite high for new brands looking to climb their way up to the standard that the household-name has set in stone at this point. Only within the last few months did Navee come onto my radar, with the brand offering me the chance to test out its latest flagship model, the ST3 Pro Electric Scooter, which has been quite the surprise, to say the least. At first, it seemed like it was full of gimmicks that were destined to fail, but after riding around for several weeks now, I can happily say that Segway may just have found a new challenger. Head below to get my hands-on impressions of this high-end e-scooter that still retains accessible pricing for the stunning list of features.

To get our full hands-on impression of this new flagship e-scooter, be sure to check out our review here.

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man and woman riding Lectric XP Trike2 750 e-bikes down residential street

Lectric launches upgraded XP Trike2 750 long-range eTrike for preorder with a $493 bundle at $1,799, more

As part of Lectric’s ongoing Labor Day Sale, the brand has officially launched its new XP Trike2 750 Long-Range eTrike with a $493 bundle for preorder at $1,799 shipped, while the standard XP Trike2 is seeing its biggest bundle yet of $242 in free gear at $1,499 shipped. The standard model only hit the market last month during the brand’s Prime Day sale with a $227 bundle, which is now increased to a $242 value, whereas the new long-range variant is starting with over double the value of bundled free gear. This new model will be getting steel-encased front and rear cargo baskets, a support seat with a backrest, an Elite headlight, a suspension seat post, a pair of mirrors, and an accordion-style bike lock. Head below to learn more about these two models or check out the brand’s full lineup of Labor Day deals here.

Lectric’s eTrikes have been among the most popular on the market, and this new generation takes everything fans have loved and goes even further with the upgrades (not to mention the wide array of colorway options). Starting with the variances, the standard XP Trike2 sports a Stealth M24 500W rear hub motor (peaking at 1,092W) and a 624Wh battery combo, while Lectric’s newer XP Trike2 750, as the name implies, comes with a more powerful 750W motor upgrade and a larger 840Wh battery. While both max out at 14 MPH top speeds, the standard can give you five levels of pedal-assisted support for up to 50 miles, while the 750 model extends that range up to 70 miles of travel. They both offer a power-limiting preset feature too, letting you take things slow and get to know your new ride before ramping up to its fastest settings.

From there, the only difference is Lectric’s standard model has a cadence sensor vs. the XP Trike2 750’s torque sensor upgrade, with them otherwise sharing the other stock features, including a Cloud 50 suspension fork for less strain on older riders’ joints. There’s also the puncture-resistant tires with fenders to go over all three, hydraulic disc brakes, headlighting/tail lighting that brings amber side lighting, turn signals, brake lighting into the mix, as well as an IPX5 water-resistance construction, parking brakes, a rear cargo rack, a TFT LCD screen, keyless riding functionality, and more.

Be sure to check out Lectric’s full Labor Day Sale lineup in our original coverage here, which includes the largest bundle on the XP4 Folding Utility e-bikes, as well as a surprise $500 price drop alongside a $220 package on Lectric’s premium ONE Long-Range Belt-Drive Commuter e-bike at a new $1,899 low, among others.

BLUETTI Handsfree Backpack power station being used by man to power laptop on mountain top
Photo: BLUETTI

Bluetti’s latest sale drops the Handsfree backpack power stations to best prices starting from $199, more

Bluetti has an ongoing Emergency Power Sale that seems to be taking the place of any officially named Labor Day Sale, and which is taking up to 46% off the brand’s power stations. Among the lineup, we also spotted a particularly notable 48-hour flash sale that is offering the Handsfree 1 and Handsfree 2 Backpack Power Stations for $199 shipped and $299 shipped. These two highly portable power solutions normally go for $429 and $599 at full price, which have mostly dropped down to $299 and $399 during sales, save for the occasional flash events where we’ve seen these low rates pop up. You’re getting another chance to score either at the best prices we have tracked, giving you $230 or $300 in savings, and beating out Amazon prices of $349 for the Handsfree 1 and $449 for the Handsfree 2. Head below for more on these and some of the other offers during this sale.

If you want to learn more about these backup power solutions, or the other flash offers/top picks, be sure to check out our original coverage of these deals here.

man riding Rad Power e-bike and towing dog in Trailer

Celebrate National Dog Day with these Rad Power pet-focused add-on accessory deals starting from $21.75

As part of its ongoing Labor Day Sale running through September 3, Rad Power Bikes is celebrating National Dog Day with four pet-focused add-on gear units – some of which are already discounted – getting 25% in additional savings and starting from $21.75 shipped. These add-on accessories range from basket-dwelling carriers to full-on hitch-ready trailer carriers – and if your cart totals $150 or more, you’ll be getting free shipping too! Just keep in mind that the extra savings will be added in your cart. Head below to see what you can expect from this gear and be sure to also give your puppers a little head scratch for me. Woof!

If you want to learn more about all these pet-focused add-on accessories for your e-bike, be sure to check out our original coverage of these deals here.

man cutting through log with EGO Power+ 56V 16-inch cordless chainsaw

Tackle storm cleanup and fall/winter firewood needs with EGO’s 56V 16-inch cordless chainsaw kit at $220

Amazon is offering the EGO Power+ 56V 16-inch Cordless Chainsaw with 2.5Ah battery at $219.99 shipped. This particular kit usually goes for $279 at full price, which we saw enter 2025 at $249 and falling as low as $219 for a two-month period before jumping back up in price at the start of June. While we’ve seen it go lower in the past, you’re looking at the second-best rate of the year which cuts $59 off the tag and lands it just $1 shy of the lowest price we have tracked in 2025.

If you want to learn more about this chainsaw’s capabilities, be sure to check out our original coverage of this deal here.

man and woman sitting outside at table with Fremo X300 Portable Power Station

Fremo’s X300 portable power station is an 8-pound solution for personal devices at its $180 low (Today only)

As part of its Deals of the Day, Best Buy is offering the Fremo X300 Portable Power Station at $179.99 shipped, while it’s currently out of stock on Amazon. This unit would normally fetch $330 at full price, which we’ve regularly seen dropping between $200 and $190 over 2025 in these one-day-only sales, with Amazon having seen it go as low as $180. That low price is available here through the rest of the day, saving you $150 off the tag price and giving you a more compact power solution for your personal devices.

If you want to learn more about this compact backup power solution, be sure to check out our original coverage of this one-day-only sale here.

Best Summer EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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Hyundai’s new electric family hauler is already winning over buyers

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Hyundai's new electric family hauler is already winning over buyers

The IONIQ 9, Hyundai’s first three-row electric SUV, is off to a stronger start than most predicted. At a time when many automakers are blaming slow EV demand, Hyundai’s big electric family hauler seems to be bucking the trend.

Hyundai’s three-row electric SUV is off to a strong start

After opening IONIQ 9 pre-orders in its home market in February, Hyundai was already calling the larger SUV a game-changer.

A few months later, in March, the first models rolled off the production line at Hyundai’s new Metaplant America in Georgia.

The IONIQ 9 has only been on the market for a few months, but it’s already winning over buyers. Since launching the three-row electric SUV in February, Hyundai has sold 14,391 units globally. Of them, 4,745 were sold in Korea and 9,646 were sold overseas.

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In the US, Hyundai has sold 2,086 IONIQ 9 models since it went on sale in May. Although it may not seem like much, considering it’s a higher-priced electric SUV in an increasingly crowded segment, local analysts believe it is beating expectations.

Hyundai-three-row-electric-SUV
2026 Hyundai IONIQ 9 (Source: Hyundai)

In the US, most brands are seeing an influx of EV buyers ahead of the federal tax credit expiration at the end of September.

The 2026 IONIQ 9 starts at $60,655 in the US, offering a driving range of 335 miles. However, with generous discounts, Hyundai is offering leases as low as $299 per month. The offer is for a 36-month lease with $4,999 due at signing.

Hyundai-IONIQ-9
2026 Hyundai IONIQ 9 interior (Source: Hyundai)

Hyundai’s three-row electric SUV isn’t the brand’s only EV that’s seeing relatively strong demand. The new and improved 2025 IONIQ 5 is coming off its best sales month in the US in July and remains one of the top-selling EVs in the US.

The IONIQ 5 is also surprisingly affordable. Hyundai is offering 2025 IONIQ 5 leases starting at $129 per month. However, the best offers are mainly in California and other ZEV states.

Hyundai-IONIQ-5
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)

In other states, the 2025 IONIQ 5 is still one of the most affordable EVs with leases starting at just $179 per month.

Both the IONIQ 9 and IONIQ 5 are built at Hyundai’s plant in Georgia, enabling them to qualify for the $7,500 EV tax credit. Hyundai’s current Getaway sales promotions end on September 3, ahead of the tax credit expiration at the end of the month.

Looking to test one out for yourself? You can use our links below to find the 2025 Hyundai IONIQ 5 and 2026 IONIQ 9 in your area.

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Another major automaker is abandoning its big EV plans

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Another major automaker is abandoning its big EV plans

Yet another big name in auto is pulling back on its EV plans, blaming slower than expected demand for electric vehicles.

Porsche drops in-house EV battery plans

Volkswagen’s luxury sports car brand, Porsche, announced this week that it no longer plans to build EV batteries in-house.

Cellforce, Porsche’s high-performance EV battery company, will shrink and only focus on research and development, rather than production.

In a statement, Porsche blamed “the slower ramp-up” of EVs and “challenging market conditions” in its biggest markets, the US and China, for the changes.

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CEO Oliver Blume, confirmed the news, saying “For volume reasons and a lack of economies of scale, Porsche is no longer pursuing its own production of battery cells.” The staff reductions, will be handled in “a socially responsible matter,” Porsche said. Volkswagen’s battery unit, PowerCo, will take on several former employees.

Porsche-EV-battery-plans
Porsche Cayenne EV towing a 3-ton trailer and classic car (Source: Porsche)

Porsche plans to continue to continue offering internal combustion engine (ICE), hybrid, and all-electric options across every segment “well into the 2030s.”

Following the Taycan and Macan Electric, Porsche is still planning to launch the all-electric Cayenne and 718 models. The German automaker promises future models will still “bring trend-setting technologies in electromobility into series production.”

Porsche-gas-powered-cars
Porsche Taycan Turbo GT with Weissach Package (Source: Porsche AG)

A separate report from German magazine WirtschaftsWoche claimed on Wednesday that Porsche is on the hunt for a new CEO to replace Oliver Blume.

German automaker Opel drops EV commitment plans

Porsche isn’t the only German automaker adjusting EV plans. Opel is one of the many brands under the Stellantis Group, alongside Jeep, Ram, Peugeot, Citroën, Fiat, and several others.

Although it was one of the many automakers to commit to offering an all-electric lineup, it’s now backing off its promise.

German-automaker-EV-plans
Opel Corsa Electric (Source: Stellantis)

During Stellantis’ EV Day in 2021, Opel announced its intention to transition to all-electric vehicles by 2028, accompanied by a slate of new models. Former CEO Michael Lohscheller, now chief executive at Polestar, said, “As of 2028, Opel will only offer electric cars in our core market Europe.”

On Monday, the German auto giant abandoned its plans for an all-EV lineup, saying it will continue to focus on its current “multi-energy” strategy.

German-automaker-EV-plans

Opel is the first German auto brand to offer a fully electrified model for every vehicle in its lineup, including electric (EVs), plug-in (PHEVs), and even internal combustion engine (ICE) vehicles.

In response to media reports claiming it has changed its strategy, the company said in a statement, “This does not have to be limited to 2028 if the demand side requires otherwise.”

Although the company will continue to focus on EVs in specific regions, like the UK, France, and Germany, it will also offer other powertrain options based on demand.

German-automaker-EV-plans
Opel Corsa Electric (Source: Stellantis)

Opel, alongside British sister company Vauxhall, is one of the top-selling brands in Europe. In Germany and the UK, Opel and Vauxhall ranked first in the ever-expanding B-hatch segment through the first half of the year.

The German auto giant becomes the latest brand to scale back EV plans or shift to hybrids, following Volvo, Volkswagen, Mercedes-Benz, Audi, BMW, and others.

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