Honda has announced lease pricing for its upcoming CR-V e:FCEV fuel cell plug in hybrid, which operates either on electricity or hydrogen.
Honda first announced the CR-V e:FCEV earlier this year, and we got a chance to drive it at Honda’s California R&D center.
It’s an interesting idea that nobody’s done before. To help make up for the lack of hydrogen stations, you can fill the car’s 17.7kWh battery up with electricity at home for up to 29 miles of range of day to day use, and then fill up the 241-mile hydrogen tank, which is quicker to fill and has higher energy density than batteries, from time to time for longer trips.
When we drove it (and you can read our far too-detailed thoughts on it here), we got a lot of the technical stuff out of the way, but Honda hadn’t yet announced the specifics of its offering – just that it would be lease-only and would come with some amount of free hydrogen. Today, we’re finally getting the details.
Honda CR-V e:FCEV will lease for $389-$489/mo
Honda is offering three different lease deals on the CR-V e:FCEV, with two of them at a relatively standard 12k miles per year, and one high-mileage lease with a 2 year, 60,000 mile term.
2025 Honda CR-V e:FCEV Touring Lease Options
Monthly payment
$459
$389
$489
Due at signing
$2,959
$2,889
$2,989
Lease term
3 years
6 years
2 years
Allowable mileage
36,000
72,000
60,000
Hydrogen fuel credit
$15,000
$30,000
$25,000
The monthly pricing is a little high compared to the great EV lease deals we’ve been seeing lately (e.g. Model 3 for less than a Camry, Hyundais for around $200/mo, or the Toyota bZ4X for next to nothing), but still fairly reasonable. And it comes with a free hydrogen fuel credit, which will help to make up for some of that difference in lease cost (and good thing, since hydrogen is currently ~$32/kg which means it’s $130+ to fill up its 4.3kg tank).
The lease also includes 21 days of free Avis rentals, but only in California – which is incidentally the only state that Honda will lease the car in.
The CR-V e:FCEV will be available starting July 9. Honda plans to offer about 300 vehicles for lease.
Electrek’s Take
While I do think it’s interesting what Honda is doing with the CR-V e:FCEV, it’s sort of a solution in search of a problem. But it’s also not much of a solution, since Honda plans to offer 300 of these vehicles in a state which has 30 million vehicles.
Honda says that working on fuel cell technology will help them hedge their bets, instead of focusing fully on BEV as most of the industry is doing. Honda is right that fuel cells could have a niche – but that niche is probably in heavy transport, not in light-duty consumer vehicles. Honda did recently show a Class 8 hydrogen truck concept, but it’s looking for partners to bring it to reality as it doesn’t currently make semi trucks itself.
And giving out free energy is fun, but it eliminates the whole point of the hybrid. Drivers can either pay for their own electricity, which is more efficient and ought to be cheaper than either gas or hydrogen, or they can go to the hydrogen station for free fuel.
This removes the EV convenience filling up at home, and just makes the vehicle a comparatively inconvenient hydrogen car, which will mostly end up being fueled at one of very few California hydrogen stations instead of in the comfort of the parking spot it returns to every single night. Because why would you fill up at home when hydrogen is free?
Conversely, with a BEV, you could have that convenience, and have more availability of DC chargers on the road, including out-of-state, with little additional charging time (assuming you use one of the fastest charging EVs) – and the EV is more efficient than the hydrogen car to boot.
Mercedes-Benz is gearing up to unveil the electric version of its best-selling SUV, the GLC, later this year. With its official debut just around the corner, Mercedes revealed a few new details, offering an exclusive first look at the new EV.
Mercedes offers an exclusive look at the new electric GLC
Although we got a sneak peek of the electric SUV in March during winter testing in Northern Sweden, Mercedes is giving us a better idea of what to expect.
“We’re not just introducing a new model – we’re electrifying our top seller,” Mercedes-Benz Group CEO, Ola Källenius, said on Thursday.
Mercedes promises the electric GLC “sets new standards” with a sleek new design, advanced tech, and its new MB.OS operating system.
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The new GLC EV is an upgrade over the current model, offering significantly more space and improved ride quality. Since the wheelbase is 3.1″ longer than the current gas-powered SUV, the electric version has more legroom and headroom for front and rear passengers.
With all the seats folded, the electric SUV offers 61.4 cubic feet of space. The gas-powered model features up to 56.3 cubic feet of cargo space. Plus, you get an extra 4.5 cu ft of space in the trunk (front trunk).
Mercedes-Benz CEO Ola Källenius with the new GLC EV (Source: Mercedes-Benz)
Källenius said that with Mercedes’ new 800V electric architecture and latest batteries, the electric GLC can regain around 260 km (161 miles) WLTP range in just ten minutes. He added that DC fast charging at over 320 kW is possible.
The GLC 400 4MATIC with EQ Technology will arrive with impressive towing capability of up to 5,291 lbs. In comparison, the Tesla Model Y can only tow up to 3,500 lbs.
Mercedes-Benz CEO Ola Källenius tests a prototype of the new electric GLC (Source: Mercedes-Benz)
Added features, such as ESP trailer stabilization and trailer maneuvering assistant, make it even easier to tow with optimized stability and control.
Källenius also teased the new electric GLC design, calling it the start of a “new era” and “a new face of the brand as the first in a family of upcoming vehicles.”
Mercedes GLC EV prototype with EQ Technology testing in Sweden (Source: Mercedes-Benz
The inside is just as impressive, providing a holistic experience. A “majestically floating next generation MBUX Hyperscreen” is optional, providing a spatial experience powered by the new MB.OS supercomputer.
Mercedes will unveil the new electric GLC at the 2025 International Motor Show in Munich on September 7, 2025.
The new electric Mercedes CLA interior (Source: Mercedes-Benz)
Although official range figures will be revealed at the event, according to Car and Driver, which tested a prototype model, Mercedes said it expects the new GLC to provide a WLTP range of just over 400 miles, or slightly more than 300 miles on the EPA scale, from a 94.5 kWh battery.
Prices will also be announced in due time, but given that the current GLC 350e 4MATIC PHEV starts at $59,900 in the US, you can expect the electric model to be priced slightly higher, at around $65,000.
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Tesla (TSLA) announced its 2025 annual shareholders meeting at the very last minute, and it pushed it all the way to November, the latest it has ever held the meeting.
Tesla generally holds its annual meeting in the summer and announces it way ahead of time.
Today, the automaker announced that the meeting will be held on November 6:
The board of directors (the “Board”) of Tesla, Inc. (“Tesla”) has designated November 6, 2025 as the date of Tesla’s 2025 annual meeting of shareholders (the “2025 Annual Meeting”).
This is highly unusual for Tesla. Here are the dates of Tesla’s last 5 annual meetings:
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2020: September 22, 2020
2021: October 7, 2021
2022: August 4, 2022
2023: May 16, 2023
2024: June 13, 2024
At those meetings, shareholders vote on several matters, including the reelection of directors and shareholders’ proposals.
Tesla has not released any yet, but they are expected to be in the upcoming proxy statement, which Tesla should release in the coming weeks.
Why does Tesla need more time?
Electrek’s Take
I think Tesla is working on some proposals that are going to take time to put together and then to sell to shareholders – hence why the meeting is set for November.
There are two suspects: a new CEO compensation package for Musk or a merger/acquisition of xAI.
It could also be both, but I think that would be harder to swallow for some shareholders as both initiatives have a clear aim of giving Musk a bigger stake in Tesla.
I think sane investors should not want that, but Tesla shareholders don’t fit in that category. Much of Tesla’s value is attached to Musk’s lies and ridiculous predictions. The value will have to come down to reality at some point, but they are a bunch of gamblers who are enjoying the ride in the meantime.
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A three-row electric SUV for less than $30,000? Sign me up. NIO (NYSE: NIO) opened pre-orders for the new Onvo L90 on Thursday, starting from 193,900 yuan, or about $27,000.
NIO kicks off Onvo L90 pre-orders in China
NIO claims the Onvo L90 is the lightest full-size three-row SUV in its class, with a curb weight just under 5,000 lbs (2,250 kg). In comparison, the Lucid Gravity has a curb weight of 5,966 lbs (2,712 kg).
The new flagship model is designed as a family-friendly SUV, offering ample interior space and advanced technology.
At 5,145 mm long, 1,998 mm wide, and 1,766 mm tall, the Onvo L90 is slightly bigger than the Lucid Gravity. In China, it will go head-to-head with higher-end electric SUVs like Li Auto’s L9.
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However, the L9 is an extended-range electric vehicle (EREV) and starts at around 409,800 yuan ($57,000), more than double the price of the Onvo L90.
The low price of 193,900 yuan ($27,000) applies only to those who rent the battery. Nio’s Battery as a Service (BaaS) costs 899 yuan ($125) a month. With the battery included, the Onvo L90 still starts at just 279,900 yuan ($39,000).
Nio’s new electric SUV is offered in six and seven-seat configurations. The interior features a massive 17.2″ floating infotainment screen at the center.
Other interior highlights include a three-zone climate control system, massage, heating, and ventilation for every seat, as well as an additional entertainment screen for rear passengers. And like many new vehicles in China nowadays, it even comes with a built-in refrigerator.
Powered by an 85 kWh battery, the Onvo L90 offers a CLTC range of 605 km (367 miles). It’s also based on NIO’s next-gen 900V platform, unlocking class-leading energy consumption of just 14.5 kWh per 100 km.
Buyers can choose from single and all-wheel-drive powertrains. The AWD version boasts up to 590 hp (440 kW), good for a 0 to 100 km/h (0 to 62 mph) sprint in just 4.7 seconds.
NIO is offering an incentive for early pre-order holders. Those who place an order with a 2,000 yuan deposit will receive a 5,000 yuan credit off the vehicle and an extra 5,000 yuan for optional features and more. Nio plans to begin delivering Onvo L90 to customers, starting on August 1.
The L90 is the second Onvo-branded EV to arrive in China, following the smaller L60, launched last September.