Another luxury automaker is offering over $15,000 in discounts on its newest EV models. However, you may have a hard time getting your hands on one of them.
Mercedes is the latest automaker to cut EV prices
Mercedes-Benz becomes the latest brand pushing massive discounts ahead of the EV tax credit deadline at the end of September.
With Trump’s “One Big Beautiful Bill” set to end the federal tax credit, which provides $7,500 for new and $4,000 for used EVs, automakers are preparing for a big shakeup. The changes go into effect at the end of September.
Toyota, Ford, Honda, Stellantis, Hyundai, and Volvo are among a string of automakers adjusting production and pricing in the US due to the upcoming changes. At least for the next few months, that’s good news for those looking to buy.
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Mercedes-Benz will offer generous discounts on its 2026 EV models. Doug Horner, a Mercedes-Benz sales manager in Ohio, revealed the price cuts last week on social media.
Mercedes-Benz EQS SUV (Source: Mercedes-Benz)
The folks at CarBuzz spotted the post, claiming Mercedes is cutting prices of the 2026 EQS SUV from $105,250 to just $89,950. That’s a $15,300 discount from the outgoing model. At that, the electric SUV is about the same price as the GLC.
The EQE SUV’s price will drop from $77,900 to $64,950, representing a $13,000 reduction. Meanwhile, the 2026 Mercedes-Benz EQE sedan and EQS sedan will start at $64,950 and $99,900, respectively, or $9,950 and $4,500 less than the 2025 model year.
Mercedes is already offering some pretty significant EV deals. The 2025 EQE 350+ SUV is listed for lease at just $579 per month (for 36 months with $7,873 due at signing) with an $11,500 cash bonus and $3,000 loyalty bonus.
Mercedes GLC EV prototype with EQ Technology testing in Sweden (Source: Mercedes-Benz
Horner hinted that the savings won’t last long, as the tax credit is set to end at the end of September. Mercedes confirmed the price changes but added that production will be halted and order banks will be closed.
The company said it still “remains fully committed to electrification,” adding “the largest product offensive in the history of the brand is just around the corner.”
Mercedes plans to launch two new SUVs alongside the upcoming electric CLA based on its MMA platform.is the latest luxury automaker with extreme price cuts ahead of the EV incentive deadline.
2024 Acura ZDX (Source: Acura
Acura is offering up to $30,650 in lease cash on the 2024 ZDX in California and other ZEV states with leases starting at just $299 per month. In other regions, the Acura ZDX is still listed for lease at just $489 per month (for 36 months with $4,599 due at signing).
Hyundai’s Genesis brand is offering the 2025 GV60 at just $389 per month (for 33 months with $5,999 due at signing) with a $13,750 EV lease bonus. The Electrified GV70 SUV features a $16,000 EV lease bonus.
Looking to score the savings while they are still available? You can use our links below to find Mercedes, Acura, and Genesis electric vehicles in your area.
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Ferrari and Porsche will soon have company. BYD just confirmed plans to launch Yangwang, its ultra-luxury EV brand, in Europe. It will be the first Chinese brand to enter Europe’s most elite segment.
BYD preps new ultra-luxury EV brand for Europe
After launching Denza earlier this year, BYD is set to introduce another luxury brand to Europe. Yangwang is BYD’s most exclusive lineup of new energy vehicles, featuring its advanced technology and performance.
The brand has been on sale in China for about two and a half years, and now, it’s preparing to launch in Europe. BYD’s vice president Stella Li told Autocar that “our plan is that we will bring Yangwang into Europe,” after Denza earlier next year.
BYD launched its ultra-luxury EV brand in January 2023, with the first vehicle, the Yangwang U8, going on sale in September of the same year.
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The Yangwang U8 is a Range Rover-like extended range electric SUV (EREV), packing over 1,100 hp (880 kW). It also comes loaded with features like float mode, which allows it to literally float on water, tank turns, and the U8 can even plow through more water than a Defender.
BYD Yangwang U8L (Source: Yangwang)
A few months later, BYD launched the second vehicle, the Yangwang U9, in February 2024. The Yangwang U9 is an electric supercar that can jump and dance thanks to BYD’s DiSus-X body control system.
It’s faster than a Ferrari, with four electric motors delivering nearly 1,300 hp, enabling a 0 to 62 mph (0 to 100 km/h) sprint in just 2.36 seconds.
BYD Yangwang U9 electric supercar (Source: BYD)
The Yangwang U8 and U9 start at 1,098,000 RMB ($150,000) and 1,680,000 RMB ($230,000) in China, respectively. Both will be sold in Europe.
Li said that “more cars are coming,” including the Yangwang U7, an electric ultra-luxury sedan. BYD delivered the first U7 models in China last month, starting at 628,000 RMB ($87,000).
BYD Yangwang U8 SUV (left) and U7 luxury EV sedan (right) Source: Yangwang
The four-seater variant costs 708,000 RMB, or about $98,500, which is still about half the cost of the most affordable Ferrari.
With Yangwang set to arrive in Europe, BYD will be the first Chinese automaker to enter Europe’s top luxury auto segment.
With an additional 17% tariff, export costs, and other factors, prices in Europe are expected to be notably higher. We will learn more as we get closer to launch.
Source: Autocar
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The stock rose following the announcement late Friday as investors sought to get in ahead of index fund managers, who will need to buy shares to mimic the changes. Square’s $48 billion market cap at Monday’s close places it well above the median S&P 500 constituent, though shares are still down 8% this year.
Passive funds are expected to purchase roughly 101 million shares of Block due its inclusion, equivalent to about 11 days of average trading volume, according to a note from Stephens.
Block is working to reestablish investor confidence after uneven performance from its Cash App business. Gimme Credit’s Stu Novick noted that while gross profit growth missed estimates last quarter, the company still delivered strong adjusted earnings and improving cash flow.
While Block is joining the benchmark index, a major player in the fintech industry remains on the sidelines.
Robinhood has delivered one of the strongest recent runs in the U.S. stock market, soaring 345% in the past year. Yet despite nearing a nearly $100 billion, the company has been repeatedly passed over for S&P 500 inclusion.
Carry Anker’s 60,000mAh PowerCore Reserve station and keep devices running for $88
By way of its official Amazon storefront, Anker is offering its PowerCore Reserve 60,000mAh Power Bank Station at $87.99 shipped, with it also coming in a few dollars under the brand’s current direct pricing. Normally costing $150 at full price, we’ve mostly seen discounts over the last year dropping costs between $110 and $90, though there have been a few select falls to $80, and recently we saw Prime Day take things to $75. While it may not be the new lowest price, you’re still looking at the third-best rate we have tracked, saving you $62 off the going rate while equipping you with a sizably reliable means to keep your personal devices juiced up and running.
Anker’s PowerCore Reserve power station, which you’ll also find sold under the name 548 Power Bank, is a five-pound backup power solution to top off personal devices with while you’re camping, cruising the roadways, hanging out on the beach, and much more. You’ll have a totable 60,000mAh/192Wh battery capacity here that beats out most power banks on the market while also delivering up to 60W speeds through either its two USB-A ports or two USB-C ports.
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Aside from its easy-to-carry design, it also comes sporting a convenient pop-up light for when you’re out in the dark of the wilderness or even without power at home, coming with two brightness levels alongside an S.O.S. mode to signal for help in emergencies. You can completely recharge its battery by plugging it into a wall outlet or by utilizing up to its 60W solar input to charge via the sun.
Schumacher’s 2025 level 1 portable EV charger plugs into any 120V outlet for on-the-go power at $130
Amazon is now offering the new Schumacher SEV1670 12A Level 1 Portable EV Charger at $129.59 shipped. This model hit the scene at the tail-end of May with a $160 price tag, which has only recently started seeing discounts, with the biggest of them being from the Prime Day sale event two weeks ago that saw the costs taken down to $128. Today’s deal comes in just $2 above that rate for the second-best pricing we have tracked, all while giving you $30 in savings.
Aiper’s new IrriSense smart irrigation system covers up to 4,800 square feet at $600 (second-ever discount)
Coming to us through its official Amazon storefront, Aiper is offering the second-ever discount on its new IrriSense Smart Irrigation System back to $599.99 shipped, matching directly from the brand’s website. This new smart irrigation device has only been on the market since May, with it usually going for $700 outside of the two price cuts we’ve seen. It first dropped to this same rate the day before Prime Day began, and hung on to the savings through the four-day event. Now, it’s coming back for a post-Prime second chance, saving you $100 while upgrading your lawn care routine with a smarter alternative.
Hoverfly’s H3 16-inch folding e-bikes make great first-time rides with four add-on accessories starting from $406
Amazon is offering quite the affordable bundle on Hoverfly’s H3 16-inch Folding e-bike in its orange colorway, and coming with four add-on accessories at $406.09 shipped, while its other colorways are seeing smaller discounts at higher rates. It’s dropping down from the $580 price tag today, with this being the first time we’ve spotted this particular bundle dropping so low. Before the fall to $425 during Prime Day, we only ever saw costs fall as low as $450, with all those rates beaten by the 30% markdown here that gives you $174 in savings and a new all-time low price. Along with the bike, you’ll be getting a front carrier bag, a rear cargo basket, a phone holder, and a rearview mirror to upgrade and elevate your experience.
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
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