Connect with us

Published

on

As new electric vehicles hit the market, discounts continue piling up as automakers fight for sales. According to new research, the most popular EVs on Cars.com right now are the Ford F-150 Lightning, Mustang Mach-E, and Kia EV9, all of which feature massive incentives this month.

Using its extensive index of search data for vehicles on sale, Cars.com revealed a list of the most popular EVs on its site.

According to the data, Ford’s all-electric F-150 Lightning pickup was the top searched EV. The Lightning was followed by Ford’s electric crossover SUV, the Mustang Mach-E.

Ford is offering significant discounts in August as it looks to clear inventory. The 2024 F-150 Lightning and Mustang Mach-E are eligible for 0% APR. In addition, Ford is giving away $1,500 in Conquest Cash for Tesla drivers.

However, the Tesla Competitive Conquest Bonus is ending soon. On Ford’s website, the offer states you must take delivery by September 30.

The 2024 F-150 Lightning is offered with 0% APR for 60 months, in addition to a $1,000 Customer Cash and $1,000 Bonus Cash offer.

Ford-Lightning-sales-August
2024 Ford F-150 Lightning Platinum Black Edition (Source: Ford)

Ford says the 2024 F-150 Lightning XLT Standard Range Battery can be leased for $335 for 36 months, with $6,344 due at signing.

The 2024 Ford Mustang Mach-E is available for 0% APR for 72 months and $750 in customer cash. Ford lists the 2024 Mustang Mach-E Extended Range Battery lease for $334 for 36 months, with $5,523 due at signing.

Most-popular-EVs-Cars.com
2024 Ford Mustang Mach-E GT Bronze edition (Source: Ford)

Kia EV9, new Chevy electric SUVs, make the top five

It makes sense Ford’s Lightning and Mach-E are the most popular EVs, but Cars.com is seeing more searches for new electric models from Kia and GM’s Chevrolet.

Kia’s EV9 was the third most searched-for EV on the site as one of the few three-row electric SUVs on the market. Like Ford, Kia is offering huge incentives on the EV9.

Most-popular-EVs-Cars.com
2024 Kia EV9 GT-Line (Source: Kia)

According to Motor Intelligence, Kia’s EV9 was among the most discounted EVs last month, with an average incentive of $19,703.

Kia’s EV9 is off to a hot start in the US, with nearly 14,000 models sold through August. Starting at $54,900, it’s a hard deal to pass up.

Kia-EV9-interior
2024 Kia EV9 GT-Line interior (Source: Kia)

Like Ford, Kia is also offering a Tesla Conquest discount worth up to $1,500. With a $7,500 lease credit, Kia’s EV9 can be bought with up to $9,000 off. If you finance through Kia, you may also qualify for 0% APR for 72 months.

Most popular EVs on Cars.com Starting Price
2024 Ford F-150 Lightning $62,995
2024 Ford Mustang Mach-E $39,995
2024 Kia EV9 $54,900
2024 Chevrolet Equinox EV $47,095
2024 Chevrolet Blazer EV $41,900
Most popular EVs on Cars.com starting prices (*Excluding destination fee)

Kia lists the 2024 EV9 Light Long Range RWD model at $349 for 23 months, with $4,999 due at signing.

Chevy’s new Equinox and Blazer EVs rounded out the top five. Both electric SUVs qualify for the $7,500 federal EV tax credit. The 2024 Chevy Equinox EV is available with a $1,500 Cash Allowance for competitive owners and lessees.

The 2024 Chevy Equinox EV FWD 2LT is listed at $299 for 24 months, with $3,169 due at signing (after offers).

Most-popular-EVs-Cars.com
2024 Chevy Blazer EV RS (Source: GM)

Chevy lists the 2024 Blazer EV LT eAWD at $369 for 24 months, with $3,139 due at signing (after offers).

Ready to take advantage of the savings? We can help you find deals in your area. You can use our links below to view offers on popular Ford, Kia, and Chevy EVs at a dealer near you.

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

Continue Reading

Environment

U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears

Published

on

By

U.S. crude oil falls below  a barrel to lowest since 2021 on tariff-fueled recession fears

A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025. 

Pavel Mikheyev | Reuters

U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.

Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.

Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.

Stock Chart IconStock chart icon

hide content

Oil futures, 5 years

The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.

Continue Reading

Environment

What EV sales slump? Illinois’ EV sales outpace the nation by 4:1

Published

on

By

What EV sales slump? Illinois' EV sales outpace the nation by 4:1

Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.

Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.

Those numbers represent more than 50% growth in EV registrations – far beyond the expected 12% first-quarter increase nationally being projected by Cox Automotive. (!)

What’s going on in Illinois?

File:Illinois Governor J. B. Pritzker (33167937268).jpg
Illinois Governor JB Pritzker at the Chicago Auto Show; by Ray Cunningham.

While President Trump and Elmo were running for re-election, they campaigned on the threat promise of canceling the $7,500 federal tax credit for EVs. Along with California Governor Gavin Newsom, Illinois’ Governor JB Pritzker made countermoves – launching a $4,000 rebate for new electric cars and up to $1,500 for the purchase of a new electric motorcycle.

Advertisement – scroll for more content

At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).

We covered the launch of those incentives when the program was announced at Chicago Drives Electric last year, but the message here is simple: incentives work.

SOURCES: Chicago Business, Ray Cunningham; featured image by the author.

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

Continue Reading

Environment

XCMG launches XE215EV battery swap electric excavator ahead of bauma

Published

on

By

XCMG launches XE215EV battery swap electric excavator ahead of bauma

The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.

Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.

XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.

We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).

Advertisement – scroll for more content

XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?

Easy in, easy out

XCMG battery swap crane; via Etrucks New Zealand.

The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.

You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.

SOURCE | IMAGES: XCMG.

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

Continue Reading

Trending