Who said electric vehicles are too expensive? With several EVs on sale for lease under $200 a month this October, the prices prove otherwise. Here are some of the best EV lease deals this month.
Despite talk of EV sales slowing in the US, most automakers just had a record third quarter. General Motors, Kia, Honda, and several others set EV sales records in Q3 with new models rolling out.
According to Cox Automotive, electric vehicle sales rose another 8% in the US in the third quarter, reaching 9% of the total auto market.
One of the biggest growth drivers is the ballooning incentives, especially for leasing. Leases accounted for 39.4% of retail EV sales in June, nearly double the industry average of 20.7%.
With most automakers passing on the $7,500 IRA tax credit, many electric models are about the same or even cheaper than a gas-powered equivalent.
In addition to leasing credits, conquest offers, and loyalty discounts, some EVs are available with nearly $20,000 in savings.
2024 Nissan Ariya (Source: Nissan)
Despite having higher price tags, the massive incentives make it cheaper to lease an electric vehicle.
EVs for lease under $200 a month in October
With several models available for under $200 a month, including Hyundai, Nissan, and Kia EVs, October may be the perfect time to go electric. Here are some of the best EV lease deals this month (you can find deals in your area at the bottom).
The Nissan LEAF continues to be one of the most affordable EVs on the market, even before discounts.
Lease From
Term (months)
Due at Signing
Effective rate per month (including up front fees)
2024 Nissan LEAF
$109
36
$2,529
$179
2024 Nissan Ariya
$99
36
$3,329
$238
2024 Kia Niro EV
$169
24
$3,999
$336
2024 Kia EV6
$179
24
$3,999
$346
2024 VinFast VF 8
$199
36
$894
$244
2024 Hyundai IONIQ 5
$199
24
$3,999
$366
EVs for lease under $200 per month in October 2024
According to online car research firm CarsDirect, the 2024 Nissan LEAF S 40 kWh is listed for just $109 for 36 months. The deal includes $2,529 due at signing for an effective cost of $179 per month. In other parts of the US, the LEAF is still available as low as $179 per month, with $4,379 due upfront.
Nissan’s electric Ariya SUV is incredibly affordable to lease in many parts of the country. Despite an MSRP of around $40,000, the 2024 Nissan Ariya Engage can be leased for as low as $99 for 36 months, with $3,329 due at signing.
2024 Hyundai IONIQ 5 (Source: Hyundai)
The deal includes a $5,000 Colorado Innovative Motor Vehicle Credit, $10,000 in bonus cash, and a $1,000 loyalty bonus.
The Kia Niro EV is another top EV lease option this month. You can lease a 2024 Kia Niro Wind EV for $169 for 24 months. With $3,999 due at signing, the monthly effective rate is $336.
Kia EV6 (Source: Kia)
Kia’s EV6 also made the list, with leases starting at $179 per month. The 2024 Kia EV6 Light Long Range RWD is available for $179 for 24 months. With $3,999 due at signing, the monthly effective rate is $346. In other parts of the country, the EV6 is listed at $249 per month.
VinFast is offering the VF 8 for $199 for 36 months. With just $894 due at signing, the lease deal is a steal at an effective monthly rate of $224, given the VF 8 Eco’s $47,200 price tag. The deal is available nationwide through October 31.
At under $200 a month, the Hyundai IONIQ 5 is one of the best EV lease deals this October. The 2024 Hyundai IONIQ 5 RWD SEL is offered for just $199 for 24 months despite an MSRP of $48,795. With $3,999 due at signing, the effective rate is $366 per month.
2024 Hyundai IONIQ 5 (Source: Hyundai)
Hyundai launched a new “Ultra-Fast” lease offer for the 2024 IONIQ 5. The 13-month lease option lets you upgrade it like an iPhone. To sweeten the offer, no money is due upfront.
With the 2025 Chevy Equinox EV arriving at dealerships nationwide, GM is offering a sweet deal on 2024 models.
With a new $1,500 cash allowance, the 2024 Chevy Equinox EV FWD 2LT is only $299 for 24 months. With $3,169 due at signing, the effective monthly cost is $431. GM claims the Chevy Equinox EV is the “most affordable EV in the US with 315+ miles range.”
Chevy Equinox EV LT (Source: GM)
Other EV lease deals to consider this month include the Toyota bZ4X (from $239 per month), Honda Prologue ($259 per month), Subaru Solterra ($329 per month), and Kia’s three-row EV9 ($349 per month).
Ready to take advantage of the savings? The offers won’t last long with many ending at the end of the month. You can use our links below to view offers in your area.
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The latest addition to Orbea’s electric road bike lineup is here, and it’s designed to handle more than just pavement. The Orbea Denna, announced today, is a gravel-optimized electric road bike that builds on the company’s previous experience with models like the Gain and Terra. Featuring a mid-drive motor “tuned specifically for off-road conditions”, the Denna aims to blend power, range, and versatility for riders looking to tackle everything from steep climbs to loose trails.
At the heart of the Denna is Orbea’s RS Gen2 RC system, a customized version of Shimano’s EP platform. The RS (Rider Synergy) branding refers to Orbea’s firmware tweaks that aim to deliver a more natural ride feel by adjusting power delivery to match rider input.
The second-generation update increases the motor’s torque output to 85 Nm, giving it plenty of climbing ability, especially on rougher terrain.
The Denna offers two built-in power modes:
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• Gravel mode is tuned for smoother gravel roads, offering a more efficient power delivery at higher cadences.
• Gravel+ mode adjusts torque for looser terrain, delivering extra power at lower cadences to improve traction.
Riders can further tweak the assist settings through the Shimano e-Tube app, dialing in torque output to match their riding style.
Orbea designed the Denna with tire clearance up to 50c, allowing riders to customize their setup based on terrain. The frame geometry includes:
• A lower bottom bracket for stability
• Optimized chainstay length for balance between responsiveness and comfort
• A longer wheelbase to improve handling over uneven terrain
• A size-specific fork trail for consistent ride quality across all frame sizes
The OMR carbon frame and fork are built for both stiffness and compliance, allowing an interesting mix of vertical flex to absorb road vibrations while maintaining lateral rigidity for efficient pedaling.
The Denna is powered by a 420Wh battery, which Orbea claims can support up to 3.5 km (2.5 miles) of elevation gain in Eco mode. That’s not exactly the most common way to measure battery capacity, but most electric road bikes with similar sized batteries tout flat land ranges of 120-150 km (75-90 miles) per charge.
For riders who need even more range, an optional 210Wh range extender battery that is roughly the size of a water bottle adds extra distance without significantly increasing weight.
While range extenders are less common for everyday e-bikes, electric road bikes and gravel bikes are uniquely relevant candidates, as riders of these types of bikes often head out on extended rides covering significant distances.
Riders can switch between assistance modes using the left brake lever, and the system is compatible with multiple display options, including Shimano’s EN600 unit or a paired Garmin device for real-time battery and motor data.
For added utility, all Denna models include mounting points for fenders and two water bottle cages, making it adaptable for long-distance adventures.
Orbea is offering the Denna through its MyO customization program, allowing buyers to select components, colors, and finishes to match their riding style—whether that means a more road-oriented build or a full gravel setup.
Joseba Arizaga, Orbea’s Road Product Manager, summed up the company’s vision for the Denna:
‘’We are thrilled to be launching Denna today. It represents the next evolution of eRoad riding—where power, range, and capability come together to break down barriers and redefine what’s possible. With our Rider Synergy concept and gravel-specific tuning, Denna provides a seamless, natural ride feel that enhances every adventure, whether on smooth tarmac, rugged backroads or both. It’s not just about assistance; it’s about expanding the ride, unlocking new routes, and pushing further than ever before.”
Last but not least (definitely not least), prices can be found below. They range considerably for the different models that feature higher spec loadouts of key components.
Euros (EU)
Dollars (US)
Pounds (UK)
M10i
9,999
9,999
8,999
M11e
9,999
9,999
8,999
M20i
7,599
7,599
7,299
M31e
6,999
6,999
6,399
M20
5,899
5,999
5,699
M30
5,499
5,599
5,199
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Tesla’s policy team sent a letter to the US government to complain about potentially being the target of retaliatory tariffs amid Trump’s trade war.
The automaker was right, as Canada is already targeting Tesla directly with a few policy changes.
On Tuesday, March 11, Tesla’s policy team sent a letter Jamieson Greer, President Trump’s top US trade representative, to warn them the current trade war, started by Trump, could make Tesla’s target of retaliatory tariffs (via Reuters):
“As a U.S. manufacturer and exporter, Tesla encourages USTR to consider the downstream impacts of certain proposed actions taken to address unfair trade practices.”
The automaker didn’t elaborate on why it thought that, but it’s likely because its CEO, Elon Musk, is one of the Trump’s top advisers, and he contributed more than $250 million to the President’s campaign.
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Many people see Musk as a sort of “shadow president,” and therefore, some of the backlash of the administration’s policies falls on him and, in turn, on Tesla.
Musk has been Trump’s biggest supporter. He has praised virtually all of Trump’s policies and even said that he loves Trump “as much as a straight man can love another man.” That’s an actual quote.
However, there’s one of Trump’s policies that Musk has stayed completely silent on: the sense less trade war that he started with US allies, including Canada and Mexico.
For some reason, he appears to have completely forgotten about it and keeps claiming that Canada and Mexico are “screwing over the US” with this deal. He even asked several times “who negotiated this deal?”
Musk is most likely quiet about it because he knows it bads for the US and its allies, as well as himself and Tesla.
The automaker’s policy team was right to worry about reliatory measures over the trade way.
Just today, B.C. Hydro, which offers rebates for installing EV charging stations, announced that it is excluding Tesla products from the program in response to U.S. tariffs.
BC Energy minister Adrian Dix commented on the move (via CBC):
“I thought they [Tesla products] shouldn’t be made available on a public subsidy program right now. I don’t think anyone in British Columbia needs to be told why, and I think most people would support their removal from that list,”
The province is also considering removing Tesla from the $4,000 rebate program at the purchase of electric vehicles.
That’s just the beginning. NDP Leader Jagmeet Singh, who could be part of the new Canadian government if a coalition is formed after the upcoming elections, vowed to implement a 100% tariffs on Tesla vehicles coming from the US.
I really wouldn’t want to work for Tesla’s policy team these days. They are walking a difficult line. The president’s policies are hurting the company, but the company’s CEO is his best buddy.
So they have to write things like “Tesla encourages USTR to consider the downstream impacts of certain proposed actions taken to address unfair trade practices” instead of “You are killing us over here with these schizophrenic trade policies!”
Generally, I would have issues with policies singling out a specific company, but we are talking about the US breaking a free trade agreement over false pretends and opposing ridiculous tariffs with the hope of crippling the country’s economy and force them to be annexed by the US, which Trump hasn’t been shy about as of late.
It’s unacceptable, especially for an ally, and therefore, everything is on the table, including trying to hurt Trump’s top financial backer.
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ChargePoint has brought five new DC fast charging stations online in upstate New York, supported by key funding from the New York State Energy Research and Development Authority (NYSERDA).
ChargePoint’s fast charging stations are in Cortland, Waterloo, Lake Placid, Niagara Falls, and Ripley. With ChargePoint’s mobile app, EV drivers can find, use, and pay for charging at the new locations.
“ChargePoint’s collaboration with NYSERDA demonstrates the critical role that public-private partnerships will continue to play in the build out of charging infrastructure, particularly at the state level,” said Rick Wilmer, CEO of ChargePoint. “When all types of institutions work together to defray costs, much-needed EV charging infrastructure can scale at an accelerated pace.”
NYSERDA’s support, through its Clean Transportation program, enables the build-out of critical EV charging infrastructure across New York State, reducing the capital investment needed to deploy public charging sites. This includes building out access in underserved communities, defined as disadvantaged communities by New York State’s Climate Justice Working Group. Fifty percent of the fast-charging stations funded through this program will be located in communities designated as disadvantaged.
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Electrek’s Take
The Trump administration is actively working to dismantle federal support for the buildout of the NEVI program and DC fast charger rollout in general. That’s pretty dumb, considering EV adoption is surging, and the electric vehicle industry has already created thousands of American jobs up and down a rapidly expanding supply chain.
But states and utilities are stepping up with their own incentives, and this partnership between ChargePoint and New York State is exactly the kind of success story that keeps the momentum rolling. Trump might tap the brakes on federal support for DC fast chargers, but he can’t derail the progress completely. States like New York that are serious about building out EV charging infrastructure are moving forward – no matter what.
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