With just under two months until the $7,500 federal tax credit for electric vehicles expires, automakers are pushing the savings. We’ve put together a list of all the EVs you can still lease for under $300 a month in August.
Which EVs can you lease for under $300 in August?
Over 607,000 electric vehicles were sold in the US in the first half of 2025, but sales are expected to pick up over the next month or so.
With the EV tax credit set to expire, auto brands are offering generous discounts to lure buyers. According to Cox Automotive, average EV incentives reached an all-time high of 14.8% of the ATP (average transaction price), or nearly $8,500.
The discounts are boosting sales with several brands announcing record EV sales over the past two months. GM and Honda are leading the growth, with the Chevy Equinox EV and Prologue at the forefront.
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Who would’ve thought two affordable, long-range electric SUVs would sell? Both EVs are still available to lease for under $300 a month this August.
Chevy is offering Equinox EV leases as low as $249 for 24 months with $6,149 due at signing. You can also opt for 0% APR for 60 months in addition to the $7,500 EV tax credit, which Chevy is offering across its entire EV lineup.
2025 Chevy Equinox EV LT (Source: GM)
Chevy Equinox EV, Honda Prologue, and Acura ZDX
Lease From
Term (months)
Due at Signing
2025 Chevy Equinox EV
$249
24
$6,149
2025 Honda Prologue
$159
24
$1,099
2024 Acura ZDX
$299
24
$2,999
The Honda Prologue is listed for lease as low as $159 per month in California and other ZEV states. The offer is for a 24-month lease with $1,099 due at signing. In other states, leases still start as low as $229 per month.
You can even snag Acura’s luxury ZDX electric SUV for $299 a month right now in California and other ZEV states.
2025 Hyundai IONIQ 5 at a Tesla Supercharger (Source: Hyundai)
Hyundai and Kia August EV lease deals
Lease From
Term (months)
Due at Signing
2025 Kia Niro EV
$129
24
$3,999
2025 Kia EV6
$179
24
$3,999
2025 Hyundai IONIQ 5
$209
24
$3,999
2025 Hyundai IONIQ 6
$169
24
$3,999
2026 Hyundai IONIQ 9
$299
36
$4,999
Hyundai’s new 2025 IONIQ 5 may take the cake with leases starting at just $129 per month in California. In other states, the 2025 Hyundai IONIQ 5 is available to lease starting at $179 per month for 24 months. That’s with $3,999 due at signing.
The 2025 IONIQ 6 is listed at $169 per month for 24 months with $3,999 due at signing with up to $11,750 in lease cash.
Hyundai IONIQ 9 (Source: Hyundai)
Hyundai’s new three-row electric SUV, the IONIQ 9, is one of the best EV lease deals available right now, starting at just $299 per month for 36 months with a $4,999 due at signing.
Hyundai’s sister company, Kia, is offering deals on the 2025 EV6, with leases starting from $269 per month. The offer is for a 24-month lease with $3,999 due at signing.
Volkswagen ID.4 (Source: Volkswagen)
VW ID.4, Tesla Model 3, and Ford Mustang Mach-E
Lease From
Term (months)
Due at Signing
Ford Mustang Mach-E
$269
36
$4,369
Volkswagen ID.4
$129
24
$2,499
Tesla Model 3
$299
24
$3,000
2025 Toyota bZ4X
$189
36
$3,999
2025 Subaru Solterra
$279
36
$279
The Ford Mustang Mach-E is a pretty good deal right now, with leases starting at $269 per month for 36 months and $4,369 due at signing.
Volkswagen is offering 2025 ID.4 leases starting at just $129 per month for 24 months. However, the offer is limited to California, Arizona, and Nevada. In other states, the ID.4 is available from $209 per month.
After cutting lease prices earlier this year, the Tesla Model 3 Long Range RWD is now listed at $299 per month. That’s for a 24-month lease with $3,000 down.
Other EVs you can still lease for under $300 a month in August include the 2025 Toyota bZ4X and 2025 Subaru Solterra. The bZ4X starts at $189 per month, while the Subaru Solterra has leases starting from $279 for 36 months.
Looking to snag the savings while they are still available? You can use our links below to find deals on top-selling EVs in your area.
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A duo of Tesla shareholder-influencers tried to complete Elon Musk’s coast-to-coast self-driving ride that he claimed Tesla would be able to do in 2017 and they crashed before making it about 60 miles.
In 2016, Elon Musk infamously said that Tesla would complete a fully self-driving coast-to-coast drive between Los Angeles and New York by the end of 2017.
The idea was to livestream or film a full unedited drive coast-to-coast with the vehicle driving itself at all times.
We are in 2025 and Tesla never made that drive.
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Despite the many missed autonomous driving goals, many Tesla shareholders believe that the company is on the verge of delivering unsupervised self-driving following the rollout of its ‘Robotaxi’ fleet in Austin, which requires supervision from Tesla employees inside the vehicles, and improvements to its “Full Self-Driving” (FSD) systems inside consumer vehicles, which is still only a level 2 driver assist system that requires driver attention at all times as per Tesla.
Two of these Tesla shareholders and online influencers attempted to undertake a coast-to-coast drive between San Diego, CA, and Jacksonville, FL, in a Tesla Model Y equipped with the latest FSD software update.
They didn’t make it out of California without crashing into easily avoidable road debris that badly damaged the Tesla Model Y:
In the video, you can see that the driver doesn’t have his hands on the steering wheel. The passenger spots the debris way ahead of time. There was plenty of time to react, but the driver didn’t get his hands on the steering wheel until the last second.
In a follow-up video, the two Tesla influencers confirmed that the Model Y had a broken sway bar bracket and damaged suspension components. The vehicle is also throwing out a lot of warnings.
They made it about 2.5% of the planned trip on Tesla FSD v13.9 before crashing the vehicle.
Electrek’s Take
Tesla shareholders used to discuss this somewhat rationally back in the day, but now that Tesla’s EV business is in decline and the stock price depends entirely on the self-driving and robot promises, they no longer do.
I recall when Musk himself used to say that when you reach 99% self-driving, it is when the “march of the 9s” begins, and you must achieve 99.999999999% autonomy to have a truly useful self-driving system. He admitted that this is the most challenging part as the real-world is unpredictable and hard to simulate – throwing a lot of challenging scenario at you, such as debris on the road.
That’s where Tesla is right now. The hard part has just started. And there’s no telling how long it will take to get there. If someone is telling you that they know, they are lying. I don’t know. My best estimate is approximately 2-3 years and a new hardware suite.
However, competition, mainly Waymo, began its own “march of the 9s” about five years ago.
Tesla is still years behind, and something like this drive by these two Tesla influencers proves it.
I was actually in a similar accident in a Tesla Model 3 back in 2020. I rented a Model 3 on Turo for a trip to Las Vegas from Los Angeles.
I ended up driving over a blown-out truck tire in the middle of the road like this. I was Autopilot, but I don’t know if the car saw it. I definitely saw it, but it was a bit late as I was following a truck that just drove over it. I had probably less than 2 seconds to react. I applied the brakes, but my choices were driving into a ditch on the right or into a car in the left lane.
I managed to reduce the force of the impact with the braking, but the vehicle jumped a bit like in this video. There wasn’t really any damage to the front, but the bottom cover was flapping down. I taped it together at the next gas station and I was able to continue the trip without much issue.
However, after returning it to the Turo owner and having the suspension damage evaluated by Tesla, the repair job was estimated to be roughly $10,000. I wouldn’t be surprised if there’s a similar situation with this accident.
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Chrysler parent company Stellantis is calling its new, Intelligent Battery Integrated System (IBIS) system a breakthrough technology that will make future EVs lighter, more efficient, and quicker. Now, that “breakthrough” tech is now moving from concept to reality.
Co-developed with Saft, Sherpa Engineering, Université Paris-Saclay, and Institut Lafayette, Stellantis’ IBIS embeds the charger and inverter functions directly into the battery pack, an integration that results in reduced design complexity, interior space savings, and lifetime easier maintenance.
That improved efficiency carries on to the battery’s second life, too. IBIS facilitates the reuse of electric vehicle batteries in second-life battery energy storage systems (BESS) applications by reducing the need for extensive (and expensive) reconditioning.
up to 10% energy efficiency improvement (WLTC cycle) and 15% power gain (172 kW vs. 150 kW) with the same battery size
reduces vehicle weight by ~40 kg and frees up to 17 liters of volume, enabling better aerodynamics and design flexibility
early results show a 15% reduction in charging time (e.g., from 7 to 6 hours on a 7 kW AC charger), along with 10% energy savings
easier servicing and enhanced potential for second-life battery reuse in both automotive and stationary applications
Those benefits stem from the fact that EVs spend a lot of time and energy converting Alternating Current (AC) to Direct Current (DC) and back again with the – that’s true whether we’re talking about a L2 home charger or energy harvested from regenerative braking. Doing away with that process and the hardware that goes along with it could unlocks significant weight and efficiency benefits, with some estimates indicating that an IBIS car could weigh in at 40 kg less than a conventionally-equipped BEV, while still offering similar range and performance.
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Coca-Cola’s bottling partners in India are going electric, three wheels at a time. The company just announced a major expansion of its electric delivery fleet, adding thousands of electric three-wheeled vehicles (often called e-rickshaws or electric tuk-tuks) to its logistics operations across the country.
These compact electric vehicles are already a common sight on India’s roads, used for everything from passenger transport to last-mile cargo deliveries. Now Coca-Cola’s bottlers are ramping up their use of these efficient EVs as part of a broader sustainability and welfare initiative dubbed “Vividhta ka Uphaar,” which translates to “a gift of diversity.”
According to the company, the rollout is already underway, with more than 5,000 electric three-wheelers integrated into delivery routes in cities such as Ahmedabad, Bhubaneswar, Bhopal, and more. The vehicles not only reduce tailpipe emissions but also lower noise pollution and operating costs, making them a win for both the company and the communities they serve.
Coca-Cola joins a growing list of multinational corporations turning to electric tuk-tuks to clean up their delivery fleets in Asia. IKEA has deployed similar electric three-wheelers in India and other Southeast Asian countries as part of its push to achieve zero-emissions deliveries. Amazon and Flipkart have also experimented with three-wheeled EVs to reach urban customers on tight, traffic-clogged streets.
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While North America often focuses on four-wheeled electric trucks and vans for commercial use, much of the developing world relies on these nimble three-wheeled workhorses. Affordable, maneuverable, and easy to charge, electric rickshaws are a natural fit for dense cities with hot climates – especially where small businesses and large corporations alike need efficient last-mile solutions.
Electrek’s Take
These types of EVs can’t come soon enough. They use electric drivetrains that are closer in size to an electric bicycle than an electric delivery truck or van (usually 2-4kW motors and 3-5 kWh batteries), yet can carry loads closer in size to those same trucks and vans.
Sure, they can’t carry quite the same tonnage, but they’re often more appropriately sized for the kind of last-mile delivery that so many companies require.
I actually bought an electric tuk-tuk back in 2023 and found it to be the perfect ‘city truck’ for my lifestyle, where I live car-free in a city and my wife and I travel by e-bike and e-motorcycle. For the few times we need to actually haul stuff, an electric tuk-tuk or rickshaw gives truck-like capacity in a smaller and more efficient vehicle. What’s not to like?!