All the EVs (and one PHEV) you can buy with 0% financing this October

Published

1 month ago

October 5, 2024

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Lease deals get all the hype, but some people still want to own the car they’ve made all those payments on. If that’s you, and you’ve been waiting for interest rates to drop, you’re in luck: there’s a bunch of great plugin cars you can buy with 0% financing this month!

As I was putting this list together, I realized there were plenty of ways for me to present this information. “Best EVs ..?” Too opinion based. “Cheapest EVs ..?” Too much research. In the end, I went with alphabetical order, by make. And as for which are the new deals? You’re just gonna have to read the article. Enjoy!

Chevrolet Silverado EV

The Silverado EV may not present the best lease deal in the business, but it’s an extremely capable electric pickup that may be a great option to buy instead of lease, thanks to 0% financing for up to 48 months this October.

Click here to find a Chevy Silverado EV near you and arrange a test drive.

Hyundai IONIQ 5

Hyundai set a new third-quarter retail sales record in the US, partially driven by strong demand for its all-electric IONIQ 5 crossover. Despite being an outgoing model, the IONIQ 5 remains one of the best-selling EVs in North America, with over 30,000 models sold through September.

And that pace is sure to continue accelerating, thanks to 0% financing for 60 months or $7,500 in Retail Bonus Cash offers on all versions of the 2024 IONIQ 5 through October 31st. Click here to see what it would cost to put an IONIQ 5 in your driveway.

Jeep Wrangler 4xe

Jeep Wrangler Rubicon 4xe; via Stellantis.

While not much of an EV with “just” a 17.3 kWh battery, the PHEV version Jeep’s iconic Wrangler is by far the cheapest version to lease – a fact that’s seen the plugin 4xe become a popular choice. Now, it might be popular with people who want to buy a vehicle, too, thanks to 0% percent financing for up to 72 months on select models.

On a well-equipped configuration, CarsDirect estimates that 0% offer could translate to more tham $12,000 in lifetime savings. Click here to see if there’s an electrified off-roader in your area with your name on it.

Kia EV6

The Kia EV6 made its global debut on a drag strip where the car ran against a Lamborghini, a Porsche, and an AMG Mercedes. At the finish line, the EV6 was more than holding its own against a flight of legitimate hypercars, and the stunt helped Kia establishing the EV6 as a genuinely quick alternative to the Model Y.

This October, you can put the supercar-baiting EV6 in your driveway with 0% financing for up to 72 months. Click here to find deals on a 2024 Kia EV6 near you.

Kia EV9

Kia-EV-sales-September — 2024 Kia EV9 GT-Line; via Kia.

If you were waiting for a three-row SUV from a mainstream brand with a great warranty and normal doors, you’ve probably already checked out the Kia EV9. You’re not alone. Kia keeps setting EV sales records, and the EV9 is helping to drive those sales forward.

Kia’s electrified sales train doesn’t seem to be slowing down anytime soon, either. In addition to seeing some substantial discounts out there, you can finance a Kia EV9 at 0% for 48 months through October.

Lexus RZ

Starting at $55,175, the Lexus RZ promises up to 266 miles of EPA-rated range from a 72.8 kWh battery back in the “base” RZ300e (and 224 from the top-shelf RZ450e). With up to 308 hp and over 195 lb-ft of instant torque, the RZ promises to be one Lexus’ sportier rides in any trim.

Carfax says select 2024 Lexus RZ models qualify for 0% financing for up to 72 months in some regions. Click here to check for Lexus RZ deals near you.

Subaru Soltera

The mechanical twin of the Toyota bZ4X EV, Subaru’s Solterra is a deeply discounted and surprisingly capable five-passenger electric crossover that backs up its outdoorsy vibes with more than enough utility to carry your mountain bikes to the trail or your kayaks to the river.

This month, you can pick up a new remaining 2023 or select 2024 Subaru Solterra EV with 0% financing for up to 72 months.

Volkswagen ID.4

One of the most popular legacy EVs, the ID.4 offers Volkswagen build quality and (for 2024) a Chat-GPT enabled interface. Still, with a relatively affordable base price, lickety-quick charging, up to 291 miles of EPA-rated range, and a 5-star safety rating, the ID.4 offers a value proposition that’s tough to beat.

This month, the only way to beat the ID.4’s 0% financing for 72 months would be to convince the bank to pay you to buy it. Click here to find an ID.4 near you.

Disclaimer: the vehicle models and financing deals above were sourced from CarsDirect and Carfax, and may not be available in every market, with every discount, or for every buyer (the standard “with approved credit” fine print should be considered implied). Check with your local dealer(s) for more information.

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

Published

2 hours ago

November 5, 2024

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Cybertruck backlog runs out, Model S gets stuck, GM hits a sales milestone

On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!

Today’s episode is the first with our new title sponsor, BLUETTI – a leading provider of portable power stations, solar generators, and energy storage systems.

Source Links

Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple Podcasts, Spotify, TuneIn, and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded, usually, Monday through Thursday (and sometimes Sunday). We’ll be posting bonusLucid proves than an EV company can keep its promises while Xiaomi teams up with Chevrolet and Honda to prove – at least conceptually – that records are made to be broken. audio content from time to time as well, so be sure to follow and subscribe so you don’t miss a minute of Electrek’s high-voltage daily news!

Got news? Let us know!
Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show!

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This ‘supercharger on wheels’ brings fast charging to you [update]

Published

4 hours ago

November 4, 2024

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This 'supercharger on wheels' brings fast charging to you [update]

Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”

November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).

It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.

Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”

May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.

“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.

The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)

Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)

Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.

The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.

To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.

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Marqeta shares plunge more than 30% on big forecast miss

Published

4 hours ago

November 4, 2024

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Marqeta shares plunge more than 30% on big forecast miss

Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021.

Source: The Nasdaq

Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.

Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:

Loss per share: 6 cents adjusted vs. a loss of 5 cents expected
Revenue: $128 million vs. $128.1 million expected

While third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta’s forecast for the current period was more concerning.

The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Analysts were looking for growth of more than 17%, according to LSEG.

Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to “heightened scrutiny of the banking environment and specific customer program changes.” The company has been struggling for a while, and its stock is now down more than 80% from its peak in 2021, the year it went public. The stock was down 15% for the year prior to the report.

Total processing volume of $74 billion was up more than 30% from a year earlier. Net revenue and gross profit were up 18% and 24%, respectively.

Marqeta’s digital commerce business sells payment technology designed to detect potential fraud and ensure that money is properly routed. It also issues customized physical cards that look like a credit or debit card that can be used for point-of-sale purchases.

The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex. The service brings BNPL from lenders such as Affirm or Klarna to any credit card wherever Mastercard and Visa are accepted.

“It’s an orchestration layer, but it’s tied to issuing and processing and disputes and chargebacks,” CEO Simon Khalaf told CNBC at Money2020 in Las Vegas last week. “So it is not actually a Wild West in BNPL. It is actually very well established. And there is a reason why a lot of people are jumping to it.”