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The first three-row Kia electric SUV is expected to hit dealerships in the next month or so. The all-new Kia EV9 already has its first lease deal, and it may be better than you expected.

Kia introduces 2024 EV9 lease deals

Kia’s new 2024 EV9 electric SUV can be leased for as low as $599 per month for 36 months. That’s with $5,999 due at signing. According to online auto research firm CarsDirect, that’s nearly a better lease deal than a loaded Kia Telluride.

The lease deal is based on the 2024 Kia EV9 Light Long Range’s MSRP of $60,695 (including a $1,495 destination fee) with up to 304 miles range.

Although the base EV9 Light has a cheaper starting price of $56,395 (inc. destination), the range is much lower (74 miles) with up to 223 miles.

The all-wheel-drive (AWD) 2024 EV9 Wind is available to lease for $659 per month ( $5,999 due at signing). The AWD Wind trim is listed with an MSRP of $65,395. Kia’s EV9 Wind fits up to 7 with more power but has slightly less range at 280 miles.

Kia EV9 Trim MSRP
(including $1,495
destination fee)
EPA Est. Range
(miles)
Lease deal
(per month
W/ $5,999 due
at signing)
Light RWD $56,395 230 N/A
Light Long
Range RWD
$60,695 304 $599
Wind e-AWD $65,395 280 $659
Land e-AWD $71,395 280 N/A
GT-Line e-AWD $73,900 270 N/A
Kia EV9 trim prices, range, and lease deals

Kia’s lease deals include $7,500 in lease cash, which is currently being offered on the EV6. With the upfront costs factored in, the Light will be $766 per month, while the Wind will run you at $826.

Kia-EV9-lease
Kia EV9 GT-Line(Source: Kia)

With “significant consumer interest” already, Kia has asked dealers to avoid EV9 markups. After opening pre-orders last month, Eric Watson, Kia America’s VP of sales, said the new EV has “already gathered significant consumer interest with pre-orders.”

Kia-EV9-lease
Kia EV9 GT-Line interior (Source: Kia)

When Kia’s first dedicated electric car, the EV6, was introduced, reports claimed markups as high as $20,000.

Kia is introducing a new Long Range Light EV6 trim to its 2024 lineup with up to 310 miles range and an MSRP of $45,950. The automaker believes the new trim will hit the sweet spot between cost and range.

If you don’t want a big SUV, Kia’s EV6 offers great efficiency, a spacious interior, and a zippy ride. There’s even a 576 hp EV6 GT that will beat a Lamborghini and Ferrari in a race. Check out our link to find great deals on an EV6 near you today.

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Go West, young brand – GreenPower Motor Company sells 11 more BEAST buses

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Go West, young brand – GreenPower Motor Company sells 11 more BEAST buses

GreenPower Motor Company says it’s received three orders for 11 of its BEAST electric Type D school buses for western state school districts in Arizona, California, and Oregon.

GreenPower hasn’t made the sort of headline-grabbing promises or big-money commitments that companies like Nikola and Lion Electric have, but while those companies are floundering GPM seems to be plugging away, taking orders where it can and actually delivering buses to schools. Late last year, the company scored 11 more orders for its flagship BEAST electric school bus.

As far as these latest orders go, the breakdown is:

  • seven to Los Banos Unified School District in Los Banos, California
  • two for the Hood River County School District in Hood River, Oregon
  • two for the Casa Grande Elementary School District in Casa Grande, Arizona

Those two BEAST electric school buses for Arizona will join another 90-passenger BEAST that was delivered to Phoenix Elementary School District #1, which operates 15 schools in the center of Phoenix, late last year.

“As school districts continue to make the change from NOx emitting diesel school buses to a cleaner, healthier means of transporting students, school district transportation departments are pursuing the gold standard of the industry – the GreenPower all-electric, purpose-built (BEAST) school buses,” said Paul Start, GreenPower’s Vice President of Sales, School Bus Group. “(The) GreenPower school bus order pipeline and production schedule are both at record levels with sales projections for (2025) set to eclipse the 2024 calendar year.”

GreenPower moved into an 80,000-square-foot production facility in South Charleston, West Virigina in August 2022, and delivered its first buses to that state the following year.

Electrek’s Take

GreenPower electric school buses
BEAST and NanoBEAST; via GreenPower Motor Company.

Since the first horseless carriage companies started operating 100 years ago (give or take), at least 1,900 different companies have been formed in the US, producing over 3,000 brands of American automobiles. By the mid 1980s, that had distilled down to “the big 3.”

All of which is to say: don’t let the recent round of bankruptcies fool you – startups in the car and truck industry is business as usual, but some of these companies will stick around. If you’re wondering which ones, look to the ones that are making units, not promises.

SOURCE | IMAGES: GreenPower Motors.

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Harbinger electric truck brand gets real with $100M Series B funding raise

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Harbinger electric truck brand gets real with 0M Series B funding raise

While some recent high-profile bankruptcies have cast doubt on the EV startup space recently, medium-duty electric truck maker Harbinger got a shot of credibility this week with a massive $100 million Series B funding round co-led by Capricorn’s Technology Impact Fund.

It’s been a rough couple of weeks for fledgling EV brands like Lion Electric and Canoo, but box van builder Harbinger is bucking the trend, fueling its latest funding round with an order book of 4,690 vehicles that’s valued at nearly $500 million. Some of the company’s more notable customers including Bimbo Bakeries (which owns brands like Sara Lee, Thomas’, and Entenmann’s) and THOR Industries (Airstream, Jayco, Thor), which is also one of the investors in the Series B.

Other prominent investors include Tiger Global, the Coca-Cola System Sustainability Fund, and ArcTern Ventures.

As for what makes Harbinger such an attractive investment prospect, Dipender Saluja, Managing Partner of Capricorn Investment Group’s Technology Impact Fund explains that, “Harbinger has demonstrated a remarkable ability to reach significant milestones far quicker than other EV companies … the market has been impressed by their ability to develop large portions of the vehicle in-house to drive down unit costs, while remaining capital efficient.”

The company plans to use the funds to ramp up to higher-volume production capacity and deliver on existing orders, as well as build-out of the company’s sales, customer support, and service operations.

“Harbinger is entering a rapid growth phase where we are focused on scaling production of our customer-ready platform,” said John Harris, co-founder and CEO. “These funds catalyze significant revenue generation. We’ve developed a vehicle for a segment that is ripe for electrification, and there is a strong product/market fit that will help fuel our upward trajectory through 2025 and beyond.”

The company has raised $200 million since its inception in 2021.

SOURCE | IMAGES: Harbinger.

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Michigan State Police deploy their first electric patrol vehicle

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Michigan State Police deploy their first electric patrol vehicle

There is no state more associated with cars and car culture than Michigan – and the state that’s home to the Motor City has just taken a huge step into the future with the deployment of its first-ever all electric police vehicle.

The 2024 Ford Mustang Mach-E patrol vehicle is assigned to the Michigan State Police State Security Operations Section, and will be to be used by armed, uniformed members of the MSP specializing in general law enforcement and security services at state-owned facilities in the Lansing, MI area.

“This is an exciting opportunity for us to research, in real time, how a battery electric vehicle performs on patrol,” says Col. James F. Grady II, director of the MSP. “Our state properties security officers patrol a substantially smaller number of miles per day than our troopers and motor carrier officers, within city limits and at lower speeds, coupled with the availability of charging infrastructure in downtown Lansing, making this the ideal environment to test the capabilities of a police-package battery electric vehicle.”

The MSP’s Precision Driving Unit is nationally renowned for its annual Police Vehicle Evaluation, which our own Scooter Doll participated in last year, driving the then-new Chevy Blazer EV Police Pursuit Vehicles in a game of “cops and robbers.”

In those tests, the EVs have impressed – but the MSP has been hesitant to commit to a BEV until now. “We began testing battery electric vehicles in 2022, but up until now hybrids were the only alternative fuel vehicle in our fleet,” said Lt. Nicholas Darlington, commander of the Precision Driving Unit. “Adding this battery electric vehicle to our patrol fleet will allow us to study the vehicle’s performance long-term to determine if there is a potential for cost savings and broader applicability within our fleet.”

Michigan joins other states like Wisconsin and California in deploying electric patrol cars and saving big money on fuel and maintenance, with many more out there and many more to come.

SOURCE | IMAGES: Michigan State Police.

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