Acura slashes nearly $30K off 2024 ZDX models, undercutting Tesla’s Model Y by a mile
Acura wants its share of the US electric vehicle market. After introducing a massive new incentive, the 2024 Acura ZDX is cheaper to lease than the Tesla Model Y. With a nearly $30,000 discount, is Acura’s luxury electric SUV worth it?
The 2024 ZDX is Acura’s first all-electric vehicle. Making its global debut last Summer, the electric SUV “marks a critical step on Acura’s accelerated path to a 100% electrified lineup,” the brand said.
Based on GM’s Ultium platform, the ZDX offers up to 313 miles range, starting at $64,500. That’s more than the Cadillac Lyriq ($57,195), which uses the same platform, and the best-selling Tesla Model Y ($44,990).
The Dual Motor Type S model, Acura’s most powerful SUV yet, has a sticker price of $74,500. Acura’s Type S variant packs 499 hp and 544 lb-ft of torque for a 0 to 60 mph in 4.3 secs.
Although it’s based on GM’s platform, Acura’s design team fine-tuned the electric SUV. The ZDX “expresses Acura’s intense focus on performance from every angle” with a low-riding silhouette and long wheelbase.
Acura added signature design elements like Chicane DRLs, Jewel Eye LED lights, and a reimagined Diamon Pentagon grille for the EV age.
The interior features 22″ of digital screen space, including an 11″ driver and 11.3″ infotainment displays with wireless AppleCarPlay and Android Auto support. With Google built-in, route planning is made easy. Google Maps shows recommended charge stops and estimated charge times.
Acura ZDX is cheaper to lease than the Tesla Model Y
According to online car research firm CarsDirect, the 2024 Acura ZDX has a nearly $30,000 discount.
A memo sent to dealers indicates a substantial new incentive makes the electric SUV over $100 cheaper per month. The dealer note shows Acura added a $4,000 conquest cash offer on all 2024 ZDX models.
You must own a 2014 or newer vehicle from a competitor to qualify. The brands include Audi, BMW, Cadillac, Genesis, Infiniti, Lexus, Polestar, Rivian, Tesla, and Volvo. Acura owners are also eligible for the promotion.
The company also offers an “Upgrade Offer” with an additional $4,000 for owners of a 2,000 to 2013 model year vehicle. No trade-in is required, and it can be passed to members of the same household.
The 2024 Acura ZDX is listed at $319 per month for 27 months (7,500 miles a year) in California and other ZEV states.
With $4,999 due at signing, the effective rate is $504 per month, which is by far its best offer yet. At $504 per month, the 2024 ZDX is only $16 more than the 2024 Integra to lease.
The deal is almost $30,000 off its MSRP with a $7,500 lease credit, $5,665 in Launch Lease Support, and another $1,658 in Regional Support. These discounts are on top of the $4,000 offer.
| 2024 Acura ZDX vs Tesla Model Y | Range | MSRP |
| Acura ZDX A-Spec RWD | 313 | $64,500 |
| Acura ZDX A-Spec AWD | 304 | $68,500 |
| Acura ZDX Type S AWD | 278 | $73,500 |
| Acura ZDX Type S AWD (Performance) | 278 | $74,500 |
| Tesla Model Y Long Range RWD | 320 | $44,990 |
| Tesla Model Y Long Range RWD | 308 | $47,990 |
| Tesla Model Y Long Range RWD | 279 | $51,490 |
At $489 for 36 months and $4,138 due at signing, the base Tesla Model Y Long Range RWD model has an effective rate of $605 per month, or $101 more than the Acura ZDX.
Tesla’s base RWD model offers up to 320 miles range. The Long Range AWD trim starts at $47,990 with up to 308 miles range, while the Performance AWD model costs $51,490.
Acura’s parent company, Honda, is also offering significant savings with 2024 Prologue lease prices starting at $399 per month.
Ready to take advantage of the savings? Nearly $30,000 in savings is hard to pass up. You can use our links below to find offers on the 2024 Acura ZDX and Tesla Model Y in your area.
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Environment
U.S. crude oil falls below $60 a barrel to lowest since 2021 on tariff-fueled recession fears
A view shows disused oil pump jacks at the Airankol oil field operated by Caspiy Neft in the Atyrau Region, Kazakhstan April 2, 2025.
Pavel Mikheyev | Reuters
U.S. oil prices dropped below $60 a barrel on Sunday on fears President Donald Trump’s global tariffs would push the U.S., and maybe the world, into a recession.
Futures tied to U.S. West Texas intermediate crude fell more than 3% to $59.74 on Sunday night. The move comes after back-to-back 6% declines last week. WTI is now at the lowest since April 2021.
Worries are mounting that tariffs could lead to higher prices for businesses, which could lead to a slowdown in economic activity that would ultimately hurt demand for oil.
Oil futures, 5 years
The tariffs, which are set to take effect this week, “would likely push the U.S. and possibly global economy into recession this year,” according to JPMorgan. The firm on Thursday raised its odds of a recession this year to 60% following the tariff rollout, up from 40%.
Fueled by incentives from the Illinois EPA and the state’s largest utility company, new EV registrations nearly quadrupled the 12% first-quarter increase in EV registrations nationally – and there are no signs the state is slowing down.
Despite the dramatic slowdown of Tesla’s US deliveries, sales of electric vehicles overall have perked up in recent months, with Illinois’ EV adoption rate well above the Q1 uptick nationally. Crain’s Chicago Business reports that the number of new EVs registered across the state totaled 9,821 January through March, compared with “just” 6,535 EVs registered in the state during the same period in 2024.
Those numbers represent more than 50% growth in EV registrations – far beyond the expected 12% first-quarter increase nationally being projected by Cox Automotive. (!)
What’s going on in Illinois?
While President Trump and Elmo were running for re-election, they campaigned on the threat promise of canceling the $7,500 federal tax credit for EVs. Along with California Governor Gavin Newsom, Illinois’ Governor JB Pritzker made countermoves – launching a $4,000 rebate for new electric cars and up to $1,500 for the purchase of a new electric motorcycle.
At the same time, the state’s largest utility, ComEd, launched a $90 million EV incentive program featuring a new Point of Purchase initiative to deliver instant discounts to qualifying business and public sector customers who make the switch to electric vehicles. That program has driven a surge in Class 3-6 medium duty commercial EVs, which are eligible fro $20-30,000 in utility rebates on top of federal tax credits and other incentives (Class 1-2 EVs are eligible for up to $7,500).
We covered the launch of those incentives when the program was announced at Chicago Drives Electric last year, but the message here is simple: incentives work.
SOURCES: Chicago Business, Ray Cunningham; featured image by the author.
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The electric construction equipment experts at XCMG just released a new, 25 ton electric crawler excavator ahead of bauma 2025 – and they have their eye on the global urban construction, mine operations, and logistical material handling markets.
Powered by a high-capacity 400 kWh lithium iron phosphate battery capable of delivering up to 8 hours of continuous operation, the XE215EV electric excavator promises uninterrupted operation at a lower cost of ownership and with even less downtime than its diesel counterparts.
XCMG is delivering on part of that reduced downtime promise with the lower maintenance and easier repair needs of electric equipment, and delivering on the rest of it with lickety-quick DC fast charging that can recharge the machine’s massive battery in 1.5-2 hours … but that’s not the slick bit. The XCMG XE125EV can be powered up without leaving the job site thanks to its BYD battery swap technology.
We first covered XCMG and its battery swap technology back in January, and covered similar battery-swap tech being developed by MOOG Construction offshoot ZQUIP, as well – but while XCMG’s battery tech has been in production for several years, it’s still not widely known about in the West (even within the industry).
XCMG showed off its latest electric equipment at the December 2024 bauma China, including an updated version of its of its 85-ton autonomous electric mining truck that features a fully cab-less design – meaning there isn’t even a place for an operator to sit, let alone operate. And that’s too bad, because what operator wouldn’t want to experience an electric truck putting down 1070 hp more than 16,000 lb-ft of torque!?
Easy in, easy out
The best part? All of the company’s heavy equipment assets – from excavators to terminal tractors to dump trucks and wheel loaders – all use the same 400 kWh BYD battery packs, Milwaukee tool style. That means an equipment fleet can utilize x number of vehicles with a fraction of the total battery capacity and material needs of other asset brands. That’s not just a smart use of limited materials, it’s a smarter use of energy.
You can check out all the XE215EV’s specs at this tear sheet, and get an in-person look at the Chinese company’s latest electric excavator this week in Munich, Germany.
SOURCE | IMAGES: XCMG.
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