Connect with us

Published

on

You can now lease a Fiat 500e for zero down and zero dollars a month before taxes – or, well, at least some customers can.

Longtime EV drivers will remember a time when Fiat was leasing its 500e for crazy low prices.

At the time, Fiat’s CEO, Sergio Marchionne, was one of the loudest advocates against EVs – but part of his advocacy was because he also ran one of the highest-emitting car companies, which meant it had to spend billions of dollars to make up the penalties for its noncompliance with pollution laws.

One of Fiat’s methods to try to get into compliance was to sell as many cute, tiny, electric Fiat 500es as possible in California and Oregon, the only states it was available in at the time. And it did so by offering crazy lease prices, as low as around $69/mo. Many customers snatched one up, even as a “spare” car, because the lease cost far less than the amount they’d save in fuel from leaving their gasser at home more often.

The old version of the 500e went the way of the dodo for the US market in 2019, but then Fiat resurrected the car and started selling the “New 500e” in the US this year, and it’s available in more states too.

Fiat 500e

And now, those times of crazy lease prices seem to be back, but this time it’s in Colorado, and the lease is even cheaper.

Fiat 500e for $0/mo, $0 down (+tax) in Denver

One dealership in Colorado, Larry H. Miller Chrysler/Dodge/Ram/FIAT Denver, is now offering a 27-month lease for $0/month and $0 down, making the car basically free… well, before taxes. Including taxes, you’ll have to pay a $1,297.68 down payment, but the $0/month fee carries through the whole lease term from there. At the end of the lease, you’re responsible for a $395 disposition fee, making the total cost just under $1,700 for the 27 month lease. That’s under $63/month, on average.

The dealership is able to offer this low price due to government incentives, which are excellent in the state of Colorado (which, like California, also has strict emissions rules that Fiat wants to gain compliance with). Not only does the car benefit from the $7,500 federal tax credit, but Colorado also has a state credit of $7,500 on cars under $35k MSRP, which the 500e qualifies for (it’s $5k on cars >$35k). These credits are retained by the dealer, and used to lower the lease price.

This all means a car with a $32.5k base price can have pretty much the entire cost of the lease covered by incentives, except for taxes. Fiat calculates the residual value of the car will be $17,388.45 at the end of the lease term, at which point customers can purchase it for that amount if they like.

Fiat-500e-affordable-EV
Fiat’s new 500e (Source: Stellantis)

There’s still limited mileage of 10,000 miles per year, after which you pay .30/mile. But the 500e is still very much focused on being a city car, with its small size, 42kWh battery, and around 140-150 miles of range. So for drivers who want a right-sized car to get around town instead of a ridiculous land yacht, it could be quite a good option.

As a driver who used to have a ~100mi range Mini E, this was plenty to get around Southern California (and I could find parking anywhere) – and I didn’t even have 85kW DC charging capability like the 500e does. So if you have a long commute that maxes out that range, you might run afoul of the 10,000-mile limitation, but if you’re using it for a shorter commute and running around town you should be fine.

If you happen to be near Denver, you can find the deal here on Larry H. Miller’s site. But if you aren’t in Colorado and still want a Fiat 500e, feel free to use our link to reach out to local dealers in your area to find a 2024 Fiat 500e. We imagine this won’t be the only crazy lease deal on them out there – but it’s certainly the craziest we’ve seen.


And if you’re getting a new electric vehicle, why not charge it at home using rooftop solar panels and drive on sunshine? Find a reliable and competitively priced solar installer near you on EnergySage, for free. They have pre-vetted installers competing for your business, ensuring high-quality solutions and 20-30% savings. It’s free, with no sales calls until you choose an installer. Compare personalized solar quotes online and receive guidance from unbiased Energy Advisers. Get started here. – ad*

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

Continue Reading

Environment

1,500 new Colorado homes will come with geothermal heat pumps

Published

on

By

1,500 new Colorado homes will come with geothermal heat pumps

Over the next two years, homebuilder Lennar is outfitting more than 1,500 new Colorado homes with Dandelion Energy’s geothermal systems in one of the largest residential geothermal rollouts in the US.

The big draw for homeowners is lower energy bills and cleaner heating and cooling. Dandelion claims Lennar homeowners with geothermal systems will collectively save around $30 million over the next 20 years compared to using air-source heat pumps. Geothermal heat pumps don’t need outdoor AC units or conventional heating systems, either.

Geothermal systems use the sustained temperature of the ground to heat or cool a home. A ground loop system absorbs heat energy (BTUs) from the earth so that it can be transferred to a heat pump and efficiently converted into warmth for a home. Dandelion says its ground loop systems are built to last for over 50 years and should require no maintenance.

Dandelion’s geothermal system uses a vertical ground closed-loop system that is installed using well-boring equipment and trenched back into the house to connect to a heat pump. The pipes circulate a mixture of water and propylene glycol, a food-grade antifreeze, that absorbs the ground’s temperature. A ground source heat pump circulates the liquid through the ground loops and it exchanges its heat energy in the heat pump with liquid refrigerant. The refrigerant is converted to vapor, compressed to increase its temperature, then passed through a heat exchanger to transfer heat to the air, which is circulated through a home’s HVAC ductwork.

Advertisement – scroll for more content

Daniel Yates, Dandelion Energy’s CEO, called the partnership with Lennar a “new benchmark for affordable, energy-efficient, and high-quality home heating and cooling.” By streamlining its installation process, Dandelion is making geothermal systems simpler and cheaper for homebuilders and homeowners to adopt.

This collaboration is happening at a time when Colorado is pushing hard to meet its clean energy targets. Governor Jared Polis is excited about the move, calling it a win for Coloradans’ wallets, air quality, and the state’s leadership on geothermal energy. Will Toor, executive director of the Colorado Energy Office, said that “ensuring affordable access to geothermal heating and cooling is essential to achieve net-zero emissions by 2050, and we’re excited to be part of such a huge effort to bring this technology to so many new Colorado homes.”

And it’s not just about cutting emissions – geothermal heat pumps help reduce peak electric demand. Analysis from the Department of Energy found that widespread adoption of these systems could save the US from needing 24,500 miles of new transmission lines. That’s like crossing the continental US eight times.

Colorado is making this transition a lot more attractive through state tax credits and Xcel Energy’s rebate programs. These incentives slash upfront costs for builders like Lennar, making geothermal installations more financially viable. The utility’s Clean Heat Plan and electrification strategy are working to keep energy bills low while meeting climate goals.

Read more: This will be the first geothermal energy storage system on the Texas grid


Now is a great time to begin your solar journey so your system is installed in time for those sunny spring days. If you want to make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20 to 30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisors to help you every step of the way. Get started here. –trusted affiliate partner

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

Continue Reading

Environment

Polestar 2 removed from Polestar’s US website alongside tariff announcement

Published

on

By

Polestar 2 removed from Polestar's US website alongside tariff announcement

Polestar has removed the Polestar 2 from its US website header in an early sign of how new tariffs will restrict choice and competition for American consumers, thus increasing prices.

The Polestar 2 is Polestar’s first full EV – the original Polestar 1 was a limited-edition plug-in hybrid.

It started production in 2020 in Luqiao, Zhejiang, China, where Polestar and Volvo’s parent corporation, Geely, was founded.

And there’s the rub: while Polestar’s newer EV, the 3 (which we just drove the new single motor version of last week), is built in South Carolina, the 2 is not.

Advertisement – scroll for more content

Unfortunately, that interacts with some news that has been getting a lot of play lately: tariffs.

The US has been gradually getting stupider and stupider on the issue of tariffs, apparently determined to increase prices for Americans and decrease the competitiveness of American manufacturing in a time of change for the auto industry.

It is widely acknowledged (by anyone who has given it a few seconds of thought) that tariffs increase prices and that trade barriers tend to reduce competition, leading to less innovation.

It started with 25% tariffs on various products from China, implemented in the 2018-2020 timeframe. Then, in 2024, President Biden implemented a 100% tariff on Chinese EVs, effectively stopping their sale in the US. These tariffs included some exceptions and credits based on Volvo’s other US manufacturing, which Polestar had used to keep the most expensive versions of the 2 on sale in the US, while restricting the lower-priced versions from sale. Nevertheless, they were a bad idea.

Now, in yet another step to make America less competitive and inflate the prices of goods more for Americans, we got more tariff announcements today from a senile ex-reality TV host who wandered into the White House rose garden (which he does not belong in). These tariffs do not include the same exceptions as the previously-announced Biden tariffs.

Apparently this has all been enough for Polestar, as even in advance of today’s tariff announcements, the company suddenly removed its Polestar 2 from its website header today.

The change can be seen at polestar.com/us, where only the Polestar 3 and 4 are listed in the header area. On other sites, like the company’s Norwegian website or British website, the car is still there. The Polestar 2 page is still up on the US website, but it isn’t linked to elsewhere on the site (we’ll see how long it stays up).

We reached out to Polestar for comment, but didn’t hear anything back before publication. We’ll update if we do.

It makes sense that the Polestar 2 would still be for sale elsewhere, as it only started production in 2020. Most car models are available for at least 7 years, so this is an earlier exit than expected.

So it’s likely that all of the tariff news is what had an effect in killing the Polestar 2.

Then again, this is also just the second day of a new fiscal quarter. Perhaps the timing offers Polestar an opportunity to make a clean break – especially now that the lower-priced version of its Polestar 3 is available.

Despite the lower $67.5k base price of the new Polestar 3 variant, that represents a big increase in price for the brand, which had sold the base model Polestar 2 for around $50k originally, before all of these tariffs.

Update: Polestar got back to us with comment, but understandably, it doesn’t say much:

Polestar is a three-car company and Polestar 2 is available for customers now. There are a select number of Polestar 2s in stock at retailers that can be found on Polestar.com, but Polestar 3 and Polestar 4 will be the priority in the North American market.

Electrek’s Take

This isn’t the first car that America has been deprived of due to tariffs. The Volvo EX30, one of our most anticipated vehicles, and Electrek’s Vehicle of the Year for 2024, had its American availability pushed back due to tariffs.

Volvo decided to build the car in Belgium and export it to the US, but now that new tariffs apply to the EU as well, maybe that low-priced, awesome, fast, small EV will instead stay in Europe instead of being shipped overseas.

This shows how mercurial tariff fiats from an ignoramus are bad for manufacturing, as they mean that companies can’t make plans – and if they can’t make plans, eventually, they’ll probably just write the country making the random decisions out of their plans so they don’t have to deal with the nonsense.

And we’ve heard this from every businessperson or manufacturer representative we’ve talked to at any level of the automotive industry. Nobody thinks any of this is a good idea, because it objectively is not. All it does is make business harder, make the US less trustworthy, make things more expensive, and overall just harm America.

Yet another way that Americans are getting screwed by this stupid nonsense. 49% of you voted for inflation, and 100% of Americans are now getting it. Happy Inflation Day, everyone.


Charge your electric vehicle at home using rooftop solar panels. Find a reliable and competitively priced solar installer near you on EnergySage, for free. They have pre-vetted installers competing for your business, ensuring high-quality solutions and 20-30% savings. It’s free, with no sales calls until you choose an installer. Compare personalized solar quotes online and receive guidance from unbiased Energy Advisers. Get started here. – ad*

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

Continue Reading

Environment

Lucid (LCID) set another EV delivery record and the Gravity SUV is just getting started

Published

on

By

Lucid (LCID) set another EV delivery record and the Gravity SUV is just getting started

Lucid Motors (LCID) has now had six straight quarters with higher deliveries. The delivery record comes just as Lucid prepares to begin delivering its first electric SUV, the Gravity, to customers by the end of this month.

Lucid sets sixth straight delivery record in Q1 2025

Lucid delivered 3,109 vehicles in the first quarter, up 58% from last year and topping its previous record of 3,099 set in Q4 2024.

The company also produced 2,213 vehicles at its Casa Grande, Arizona, plant in the first three months of 2025, an increase of 28% from last year. Another 600 vehicles were in transit to Saudi Arabia, where they will be assembled at its new AMP-2 plant, Lucid’s first international manufacturing facility.

At this pace, Lucid will easily top the roughly 10,200 vehicles it delivered last year in 2025 at around 12,500. Lucid will likely see even more growth this year, with customer deliveries of its first electric SUV starting soon.

Advertisement – scroll for more content

During the Gravity SUV’s “celestial arrival” last week in NYC, Lucid’s interim CEO Marc Winterhoff said the EV maker is “nearly finished building all the vehicles that we wanted to build to put them into our studio and for test drives.”

Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Full-year 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Full-year 2024 Q1 2025
Lucid EV deliveries by quarter 1,932 1,406 1,404 1,457 1,734 6,001 1,967 2,394 2,781 3,099 10,241 3,109
Lucid (LCID) EV deliveries by quarter 2023 to Q1 2025

Winterhoff added, “by the end of April, we will resume customer deliveries of the Gravity.” Lucid delivered the first models in December, but they were for employees, friends, and family.

Lucid calls the Gravity a “no compromise” SUV with a range of up to 450 miles, 120 cubic feet of interior space, advanced technology, and sports car-like performance. The Gravity Grand Touring starts at $94,900, while the Touring model will arrive later this year at $79,900.

Lucid-EV-delivery-record
Lucid Gravity Grand Touring in Aurora Green (Source: Lucid)

The new delivery record comes after Winterhoff told Fox Business last week that Lucid has seen a “dramatic uptick over the past two months” in orders from former Tesla drivers.

Currently, “50% of all the orders we have are from former Tesla owners,” Lucid’s CEO said. Winterhoff added that many are “looking for an option to not continue having a Tesla.”

Will we see the trend continue? Tesla announced earlier today that it delivered 336,681 vehicles in the first quarter, far less than the 390,000 Wall Street analysts expected.

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

Continue Reading

Trending