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After cutting prices, the Nissan Ariya is being offered with leases as low as $199 per month (find local dealers here). At these rates, Nissan’s electric SUV could currently be one of the best-value EVs to lease.

Nissan was viewed as a pioneer in releasing the first mass-market EV in the US, the LEAF, in 2010. The automaker followed it up with its second global EV and first all-electric SUV, the Nissan Ariya.

The Ariya (see our review here) went on sale last fall in the US and is already outselling the compact LEAF EV.

Over 4,500 Ariya electric SUVs were sold in Q3, compared to around 1,500 LEAFs. Recent price cuts will likely help boost sales.

According to online auto research firm CarsDirect, the Nissan Ariya is being offered with lease prices as low as $199 per month. In NY, the Ariya is listed at $199 per month for 18 months, with $4,379 due upfront. The deals vary by region.

This amounts to over $10,000 in savings with $9,280 in lease cash and an extra $1,000 bonus incentive.

Importantly, $199 amounts to what many people will save in gas prices per month making the cost of the vehicle negligible.

Nissan-Ariya-lease-prices
Nissan’s first global electric SUV, the Ariya (Source: Nissan)

2023 Nissan Ariya EV lease prices

On Nissan’s website, the 2023 Ariya Engage FWD is listed with a $369 per month lease for 36 months, with $4,079 due at signing. That includes a $1,000 loyalty cash offer available to current Nissan and Infiniti owners. The deal is good through January 2, 2024.

Nissan’s Engage with front-wheel drive offers up to 216 miles range powered by a 62 kWh battery.

2023 Nissan Ariya trim Starting Price
(excluding dest.)
Range
(mi)
Nissan Ariya Engage FWD $43,190 216
Nissan Ariya Engage e-4ORCE AWD $47,190 205
Nissan Ariya Venture+ FWD $47,190 304
Nissan Ariya Evolve+ FWD $50,190 289
Nissan Ariya Engage+ e-4ORCE AWD $51,190 272
Nissan Ariya Empower+ FWD $53,690 289
Nissan Ariya Evolve+ e-4ORCE AWD $54,190 272
Nissan Ariya Platinum+ e-4ORCE AWD $60,190 267
Nissan Ariya Platinum+ e-4ORCE AWD
(w/ 20″ wheels)
$60,190 257
2023 Nissan Ariya trim prices and range

The lease deal is based on an MSRP of $45,080 (including destination) and doesn’t require a trade-in. It can also be used by another household member.

Monthly payments will total $13,284 with 10,000 miles a year. At the end of the lease, the purchase price is $25,696.

Just a month ago, Nissan’s Ariya was listed with lease prices at $339 for 36 months. And that’s with $4,509 at signing. The monthly cost was $464 and is now $442 following the price cuts.

Nissan-Ariya-lease-prices
2023 Nissan Ariya (Source: Nissan)

Nissan’s lower prices could be due to changes in how it handles the EV tax credit. The company is now passing the credit on through a loophole with leases.

Although the 2024 Nissan LEAF S price is nearly $16,000 less than the Ariya, it’s only $79 more a month to lease. The model is offered at $289 for 36 months with $2,649 at signing.

Meanwhile, Tesla’s Model Y, starting at $43,990, can be leased for as low as $554 per month. Tesla’s website promotes monthly lease prices for as low as $399, but that includes the $7,500 tax credit.

Nissan’s latest deal on the Ariya is a steal. Ready to grab some of the lowest lease prices on Nissan’s electric SUV yet? You can use our link to find great deals on the Ariya EV at a dealership near you today.

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T1 Energy’s (FKA FREYR) new 5 GW US solar factory leaps forward

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T1 Energy's (FKA FREYR) new 5 GW US solar factory leaps forward

T1 Energy (NYSE: TE), formerly FREYR Battery, kicks off preparations for its new solar cell factory, set to be one of the largest in the US.

T1 Energy has chosen Yates Construction as the contractor for preconstruction services and site preparations for its planned $850 million, G2_Austin 5 GW Solar Cell Facility. 

The G2_Austin site is in Milam County, Texas, in the Advanced Manufacturing and Logistix Campus at Sandow Lakes.

It’s expected to create up to 1,800 new direct US advanced manufacturing jobs. Construction is on track to kick off in mid-2025, and the facility is expected to begin producing cells by the end of 2026. There are currently far fewer solar cell manufacturing sites in the US than solar module factories, according to the SEIA.

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On December 24, FREYR announced that it had closed its acquisition of China-headquartered Trina Solar’s 5-gigawatt (GW), 1.35 million-square-foot solar panel factory in Wilmer, Texas. The company renamed the factory G1_Dallas, which employs more than 1,000 people and is now fully online.

Daniel Barcelo, T1’s chairman of the board and CEO, said, “Our facilities will manufacture solar cells and modules to invigorate our economy with abundant energy. We’re excited to work with Yates and Milam County to bring American advanced manufacturing to the heart of Texas and to unlock our most scalable energy resources.”

T1 Energy says it anticipates finalizing commercial terms with Yates Construction as General Contractor.

Read more: FREYR rebrands after killing its $2.6B Georgia battery factory plans


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Kia’s affordable EV2 may be small, but it looks bigger in person [Video]

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Kia's affordable EV2 may be small, but it looks bigger in person [Video]

The EV2 is set to arrive as Kia’s smallest and most affordable electric vehicle next year. With its official debut coming up, the electric SUV was spotted driving on public roads. The electric SUV may be small, but it looks bigger in person.

Kia’s new EV2 is an affordable, small electric SUV

Kia has yet to say precisely how big the EV2 will be, but it’s expected to be around 4,000 mm (157″), or slightly smaller than the EV3 at 4,300 mm (169.3″). That’s even more compact than the outgoing Chevy Bolt EV (163.2″).

During its EV Day event in April, Kia unveiled the Concept EV2, a preview of the entry-level EV that will sit below the EV3.

Although it’s the brand’s smallest EV, Kia promises that it will feel larger when you’re inside. The EV2 sits higher than you’d expect with a wide front end, giving it a bigger presence on the road, similar to the three-row EV9.

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We got a sneak peek at Kia’s affordable EV last month after it was spotted testing on public roads in Korea, but the latest sighting gives us a closer look at the EV2 in its production form. The new video from HealerTV reveals a few details that could look a little different from the concept.

Kia’s new entry-level EV2 spotted driving in public (Source: HealerTV)

The footage shows what appears to be different daytime running lights (DRLs). When Kia unveiled the Concept EV2 in April, it featured a unique split vertical headlight design.

The EV2 spotted driving still has the split design, but both the inner and outer lights appear to be angled more inwards. It’s not a huge difference, but given most of Kia’s new EVs look almost identical to the concepts, this could be something to keep an eye on.

Prices, specs, and more

Despite being an entry-level model, the EV2 is still equipped with advanced technology and features, including vehicle-to-load (V2L) capability, which allows it to power a campsite, home appliances, and other electronics. With OTA updates, it will only get smarter and more advanced over time.

The interior will feature Kia’s new ccNC (connected car Navigation Cockpit), which features dual 12.3″ driver cluster and touchscreen navigation screens in a panoramic display.

Like its other new EV models, it’s also expected to include a 5″ climate control display for nearly 30″ of screen space.

Kia plans to launch the EV2 next year in Europe and “other global regions.” For those in the US, sorry to disappoint, but it’s not expected to make the trip overseas. We do have the EV4, Kia’s first electric sedan, to look forward to.

Kia-EV2-interior
Kia Concept EV2 (Source: Kia)

We will learn prices and final specs closer to launch, but given it will sit below the EV3, it will likely be cheaper than that.

The EV3 starts at £32,995 ($44,800) in the UK and €35,990 ($41,600) in Europe. Kia’s CEO, Ho-Sung Song, told Autocar in 2023 that the company aims to launch the EV2 at around £25,000 ($32,000) in the UK. With new battery technology and other advancements, it could be even more affordable when it arrives next year.

Kia isn’t the only automaker gearing up to launch a new entry-level EV. Last week, we got a glimpse of the upcoming Volkswagen ID.2 after it was spotted in public testing.

Should Kia bring the EV2 to the US? Would you buy one for around $30,000 or even slightly less? Drop us a comment below and let us know.

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This electric pickup is taking Korea by storm, now it’s going global on a ‘full-scale conquest’

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This electric pickup is taking Korea by storm, now it's going global on a 'full-scale conquest'

It’s not a Kia or Hyundai, but the Musso EV pickup truck is shaking up the Korean Market. After the first models left for Europe, the company’s CEO is already saying it will be a “driving force” as it goes on a global conquest.

Korea has a new EV pickup that’s going global

During an event celebrating the first exports of its new Musso EV and Torres HEV pickup trucks, KG Mobility’s CEO, Kwak Jae-Seon, said the new models “have already received favorable reviews and garnered much attention from reporters and sales agents.”

KG Mobility (KGM) expects them to serve as “a driving force” as it expands exports into new global markets. The first Ro-Ro (Roll-on/Roll-off) hit the seas on June 12 carrying 983 vehicles, 184 Musso EVs, and 799 Torres HEVs.

The vessel is headed for Europe, where the first models will be sold in Germany, Spain, Norway, Hungary, and other markets, starting in August.

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Jae-Seon, who personally drove the Musso EV onto the car carrier, said during the event that pickup is now on a “full-scale conquest” as it rolls out globally.

EV-pickup-Korea-global
KG Mobility Musso EV and Torres HEV pickup launch event (Source: KG Mobility)

KGM’s EV pickup has already generated quite the buzz in Korea, beating Hyundai and Kia to the first fully electric pickup truck.

After launching the Musso EV pickup in Korea in March, the company announced it had secured over 3,200 orders in two weeks. The Special Edition model sold out in an hour and a half.

KGM promotes the vehicles as “a new alternative to mid-size SUVs” that’s more useful as an everyday ride with more interior space.

Measuring 5,160 mm long, 1,920 mm wide, and 1,740 mm tall, the electric pickup is about the size of a Ford Ranger (5,225 mm long, 1,910 mm wide, and 1,866 mm tall).

EV-pickup-Korea-global
KGM Musso EV electric pickup truck interior (Source: KGM)

The infotainment system looks a lot like new Hyundai and Kia EVs with a dual 12.3″ driver cluster and touchscreen navigation screens in a panoramic display.

It also comes with a Land Rover-like ClearSite Ground View camera, allowing you to see what’s beneath you through several strategically placed cameras.

The electric pickup is powered by an 86.6 kWh LFP battery, providing a range of nearly 250 miles (400 km). With up 200 kW fast charging, it can recharge to 80% in 24 minutes.

KGM’s Musso EV is available in both single (FWD) and dual-motor setups. The FWD version features a 152.2 kW front motor, producing up to 207 horsepower, while the AWD model boasts up to 413 horsepower. It can tow almost 4,000 lbs (1.8 tons) and includes a “trailer sway function” to stabilize the vehicle while towing.

The Musso EV pickup starts at 48 million won, or about $35,000. With incentives, KGM says the purchase price is closer to 39.62 million won ($29,000).

With more monthly exports in May than it has in 10 years, KGM expects the Musso EV pickup to accelerate the momentum.

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