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If you were looking to lease Chevy’s new all-electric Equinox, it just got a lot cheaper. Chevy cut Equinox EV lease prices by nearly $140 per month. With new offers, the Chevy Equinox EV can be leased for as little as $379 per month.

After kicking off Equinox EV deliveries last month, Chevy is already introducing significant savings opportunities.

On Chevy’s website, 2024 Equinox EV lease prices start at just $379 per month. The deal is for 36 months, with $3,198 due at signing. It includes 10,000 miles a year and is based on an MSRP of $43,295. GM included $500 off for qualified lessees.

With an effective rate of $468, the 2024 Chevy Equinox EV is nearly $100 cheaper per month to lease than the Tesla Model Y.

According to online research firm CarsDirect, Tesla Model Y lease rates went up $50 this month. The Long Range model now starts at $449 with $4,143 due at signing, or $564 per month.

Meanwhile, the RS trim is significantly discounted. The Chevy Equinox RS can be leased for $429 for 36 months. With $3,109 due at signing, that amounts to $515 per month.

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2024 Chevy Equinox EV 3RS (Source: GM)

Chevy Equinox EV lease prices drop to just $379/mo

Previously, the RS trim had an effective cost of $651 per month ($569 for 39 months and $3,209 due at signing), meaning it’s $136 cheaper per month to lease.

Based on CarsDirect data, GM raised the 36-month residual values on the RS model to 75% from 68%, while the lease rate dropped from 7.3% to 5.5%.

Chevy Equinox EV trim

Starting Price
1LT FWD $34,995
2LT FWD $43,295
2RS FWD $44,795
3LT FWD $45,295
3RS FWD $46,795
Chevy Equinox EV prices (including $1,395 destination fee)

Chevy’s current 2LT FWD is the cheapest model hitting dealerships, starting at $43,295. The lower-priced $34,995 will be available to order later this year. All trims are eligible for the $7,500 federal tax credit.

Although this is a significant deal, Chevy Blazer EV lease prices are even more appealing. The 2024 Chevy Blazer EV is listed at $369 per month for 24 months. With $1,679 due upfront, the effective lease rate is $439 per month, only $10 more than the gas-powered model.

Chevy-Equinox-EV-lease-prices
Chevy Equinox EV 1LT interior (Source: GM)

Chevy isn’t the only one cutting EV lease prices. Honda slashed lease prices on its first electric SUV, the Prologue. The 2024 Honda Prologue now starts at $399 per month for 36 months (with $3,999 due at signing).

If you’re in the market for a new EV, you can take advantage of significant savings opportunities. Use our links below to find deals on popular models at a dealer near you.

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This is the first ever semi-solid-state battery going into a production e-bike

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This is the first ever semi-solid-state battery going into a production e-bike

Solid-state batteries have long been the holy grail of electric vehicles, especially for light EVs like electric bicycles that are usually charged indoors. They hold major safety benefits over traditional lithium-ion batteries, plus offer better energy density, making it possible to use smaller batteries or simply fit more capacity in the same-sized battery pack.

Solid-state batteries have spent decades being touted as five years away, but if you thought you’d have to keep waiting, then I’ve got news for you: yes, you still have to keep waiting.

However, in the meantime, semi-solid-state batteries are here and will be launched on their first production e-bike next month.

I had the chance to check out the batteries in person at EICMA 2025 when I visited with the company that makes them, T&D. The company was spun out of e-bike component maker Bafang (and founded by the same co-founder of Bafang, Sunny He) in order to move more in the direction of electric motorcycle component development.

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In addition to their drivetrain components, a significant portion of their R&D has also focused on semi-solid-state batteries, which contain a minimal amount of electrolyte compared to traditional lithium-ion batteries found in today’s e-bikes. With a fraction of the electrolyte material, these semi-solid-state batteries developed by T&D are more energy-dense and safer than traditional batteries. The cells can be stabbed through by a nail and won’t ignite – don’t try that with the battery on your current e-bike!

Whereas most e-bike batteries today have an energy density of around 150-250 Wh/kg, these new semi-solid-state batteries push the needle even further into the 250-350 Wh/kg ballpark, depending on the specific packaging.

The cells are also rated for long cycle lifespan, with an expected 1,500 charge cycles before reaching 70% of the original capacity. And with fast-charging support, those same cells can be recharged significantly more quickly.

T&D’s semi-solid-state batteries will roll out on their first production e-bike next month, though the company isn’t at liberty to announce which e-bike maker will land the title of first production electric bike with semi-solid-state batteries. Hopefully we’ll hear that announcement soon.

T&D is also known for its e-moto drivetrains. The company’s new Equator City commuter e-moped project, launched in collaboration with Dimentro, utilizes T&D’s swingarm-mounted motor system.

The drivetrain offers 11 kW of peak power, a 5 kWh high-capacity LFP battery, and supports a range of over 100 km (62 miles).

Other projects featuring T&D’s drivetrains at the booth included interesting examples such as a part go-kart, part tractor project that resembles a heavy-towing ATV.

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Ford ‘can’t walk away from EVs’ or it risks falling even further behind China

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Ford 'can't walk away from EVs' or it risks falling even further behind China

Ford’s CEO Jim Farley admitted he was humbled after tearing down the first Tesla and Chinese EVs. If it wants to compete globally, Ford can’t walk away from EVs altogether, so it’s planning to shake things up.

Ford can’t walk away from EVs, or it will lose to China

After taking apart a Tesla Model 3 and several electric vehicles from China for the first time, Farley said he was “very humbled” during a new episode of the Office Hours: Business Edition podcast.

The “shocking” revelation is what pushed Ford to overhaul its EV program. Ford is shifting its focus to smaller, more affordable EVs, which require smaller batteries and fewer materials.

Ford is promising its next-generation electric vehicles will be significantly more efficient and advanced than the current Mustang Mach-E and F-150 Lightning. Farley told host Monica Langley that the Mach-E had about 1.6 km of electrical wiring, which led to a larger battery.

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Ford’s CEO has warned several times now that Chinese EV makers pose an “existential threat” to Western brands, including itself.

Ford-walk-away-EVs
Xiaomi SU7 (Source: Xiaomi)

After flying a Xiaomi SU7 from Shanghai to Chicago last year and driving it around for a few months, Farley even said he didn’t want to give it up.

“EVs are exploding in China,” Ford’s CEO said on the podcast, adding the Chinese government had its “foot on the economic scale” to promote electric vehicles.

Ford-walk-away-EVs
Xiaomi SU7 production (Source: Xiaomi)

Although the US is facing headwinds with the $7,500 federal tax credit now expired and the Trump administration shifting policies, Farley admitted, “We can’t walk away from EVs, not just for the US, but if we want to be a global company, I’m not going to just cede that to the Chinese.”

Ford, like most automakers, is bracing for slower EV sales over the next few months. Farley said on the company’s third-quarter earnings call that he expects electric vehicles to account for just 5% of the US market in the near term.

Ford-F-150-Lightning-production
The 2026 Ford F-150 Lightning STX (Source: Ford)

The “EV market in the US is totally different than we thought,” Farley explained during the podcast, adding buyers are looking for more affordable options rather than the “$70-80,000” EV.

To stay competitive, Ford is betting on its new low-cost EV platform, the Ford Universal EV Platform, which the company says will help unlock more affordable electric cars.

Ford-walk-away-EVs
CEO Jim Farley presents the Ford Universal EV Platform in Kentucky (Source: Ford)

The first vehicle Ford plans to launch on the platform is a midsize electric pickup, starting at around $30,000. It’s expected to arrive in 2027. Ford will use lower-cost LFP batteries licensed from China’s CATL. They will be manufactured at Ford’s new plant in Michigan.

According to Lisa Drake, Ford’s vice president of tech platform programs and EV systems, the company intends to match the cost structure of leading Chinese brands.

In the meantime, Ford has paused production of its current electric pickup, the F-150 Lightning. A new report from The Wall Street Journal claims it’s now considering scrapping the EV pickup altogether.

Source: Business Insider

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Mercedes gives first look at the GLB EV interior and it’s loaded with massive screens [Images]

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Mercedes gives first look at the GLB EV interior and it's loaded with massive screens [Images]

The Mercedes GLB EV will be here in less than a month. With its debut just around the corner, Mercedes offered a first look at the new GLB EV’s interior, and yes, it’s loaded with massive screens.

First look at the new Mercedes GLB EV interior

Mercedes is putting the new electric GLB through the paces at the Mercedes Technology Center (MTC) in Singlefingen, Germany, ahead of its world premiere on December 8.

The testing is conducted in wind tunnels that range in temperature from -40 to 104 degrees Fahrenheit. Meanwhile, snow cannons shoot various types of snow while high-powered fans generate winds up to 124 mph, simulating fierce blizzard conditions.

Although it’s covered in snow, you can still see that the new EV version maintains a similar boxy design to the current gas-powered GLB.

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If you look a little closer, it appears to have a larger grille design, like the new GLC EV, which Mercedes said “redefines” the face of the brand.

Mercedes also unveiled the new GLB EV’s interior for the first time, which looks pretty similar to the GLC’s. The optional floating MBUX Superscreen is the highlight, extending the entire width of the dash.

Mercedes-GLB-EV-first-look
The new Mercedes GLB EV during cold-weather testing (Source: Mercedes-Benz)

It also features Mercedes’ new multifunction steering wheel, which reintroduces a rocker switch for the cruise control.

Another new feature is the concave door handle design, which features a floating center panel that opens a storage space. The center console has a similar design, offering an optional wireless charging cradle and cup holders.

Mercedes-GLB-EV-interior-first-look
The interior of the new Mercedes GLB EV (Source: Mercedes-Benz)

Mercedes said the new SUV offers “noticeably more headroom for first and second row occupants” compared to its predecessor. It will offer standard seating for five, with the option to add a third row for seven.

According to Mercedes, the new GLB takes “interior climate comfort” to the next level. For example, the climate control heats up twice as fast as its predecessor during a 20-minute drive at 19 degrees Fahrenheit. Mercedes said that since it only requires half the energy of the current GLB, it helps maximize range.

We will learn more about the Mercedes GLB EV on December 8. Check back soon for updates.

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