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With big discounts and lower-priced models hitting the market, electric vehicles are getting more and more affordable. Here are the EVs you can drive off in this November with lease prices under $300 a month.

EVs for lease for under $300 a month November 2024

New models like the Honda Prologue and Chevy Blazer, Equinox, and Silverado EVs are rolling out nationwide, giving buyers more options than ever.

According to Cox Automotive, over 100,000 EVs were sold in the US in September, the sixth straight month topping the 100K mark. Electric vehicles accounted for 9% of the US auto market, its highest to date.

The average transaction price (ATP) for new EVs was $56,328, but drastically higher incentives bring prices on par with or even under many comparable gas cars.

For example, the Honda Prologue electric SUV is available to lease for as low as $295 per month, including the down payment. That’s cheaper than a Honda Civic at $376 per month.

The Honda Prologue is one of the best EVs to lease this November. Here are the other models worth considering this month.

Lease From Term
(months)
Due at Signing Effective rate per month
(including upfront fees)
2024 Nissan LEAF $109 36 $2,529 $179
2024 Kia Niro EV $169 24 $3,999 $336
2024 Kia EV6 $179 24 $3,999 $346
2024 VinFast VF 8 $199 36 $894 $244
2024 Hyundai IONIQ 5 $159 24 $3,999 $326
2024 Honda Prologue $259 36 $1,299 $295
EVs for lease under $300 per month in November 2024

According to online auto research firm CarsDirect, the Nissan LEAF retained the title of the cheapest EV you can lease in November listed at just $109 per month in Colorado.

With $2,529 due at signing, the effective monthly rate is just $179. However, the deal only includes state incentives, not offered elsewhere.

EVs-lease-$300-November
Kia EV6 (Source: Kia)

Kia’s Niro EV and EV6 are two of the best EV lease options this month, with monthly rates of $169 and $179.

After a recent price cut, the EV6 is offered at its lowest monthly rate since hitting the market. That’s for the Light Long-Range model with up to 310 miles of range.

EVs-lease-$300-November
2024 Hyundai IONIQ 5 (Source: Hyundai)

The Hyundai IONIQ 5 remains a top lease option in November, with the updated 2025 model set for deliveries later this year. With lease prices starting at just $159 per month, Hyundai is offering its best-selling electric SUV at closeout prices.

EVs-lease-$300-November
2024 Honda Prologue Elite (Source: Honda)

Honda factors in a $1,000 conquest or loyalty offer in the lease deal. However, for a $48,000 electric SUV, the Prologue is still a steal.

Although not under $300, the Subaru Solterra is also worth considering at just $329 per month with no money down.

Ready to find your new EV? We can help you get started. Check out our links below to find the best deals on popular electric models in your area.

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Tesla plans mini Oasis Supercharger with solar and batteries near its giant project

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Tesla plans mini Oasis Supercharger with solar and batteries near its giant project

Tesla appears to be doubling down on its new “Oasis” Supercharger station concept, which consists of larger stations powered by solar and a microgrid battery system.

Although, this new one is a bit less ambitious.

Last month, Tesla announced its “project Oasis” (pictured above), which should become one of Tesla’s largest Supercharger stations with several pull-through stalls for trucks and trailers, but the real differentiating factor is a large solar array and battery system that enables the charging station to operate off-grid mostly.

CEO Elon Musk has been saying that the goal of the Supercharger network is to be powered by solar and batteries and mostly off-grid since 2016, but Tesla has yet to make this common.

The announcement of the Project Oasis gave us some hope that it might finally happen, and now it looks like Tesla is planning a mini Oasis.

Marco RP, who tracks Supercharger projects, reported on the new construction plans submitted for the Coalinga, California station:

https://twitter.com/MarcoRPi1/status/1852794833154535719

The project is about 50 miles north of Project Oasis – also on Interstate 5 between Los Angeles and the Bay Area.

We call it a “mini Oasis” not because it has fewer charging stations than Oasis; it actually has the same number of planned stalls, 168 stalls, but because it doesn’t have as much solar and batteries to enable off-grid use.

Oasis has 11 MW of planned solar power and 39 MWh of energy storage.

This new project in Coalinga has less than 1 MW of solar and 15.5 MWh of energy storage. In the case of Oasis, the grid complements Tesla’s microgrid, and in this new project, it’s Tesla’s microgrid that complements the grid connection.

But Tesla could eventually expand its solar array and battery storage system at the new station.

This new station also includes restrooms, which Tesla has sometimes deployed at bigger stations.

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Lucid (LCID) is gaining momentum in Europe’s largest auto market with its luxury EVs

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Lucid (LCID) is gaining momentum in Europe's largest auto market with its luxury EVs

Home to luxury automakers like Porsche and BWM, Lucid Motors (LCID) is making a name for itself in Germany. Lucid just had its second consecutive month of record EV registrations in Europe’s largest auto market.

Lucid is taking on Europe with its luxury EVs

According to new data released Tuesday from Germany’s Federal Motor Transport Authority (KBA), Lucid had 129 new registrations in October.

Although it may not seem like much, it’s a considerable jump from the 41 registrations Lucid had in September. Lucid sold more cars in Germany last month than it did in the entire third quarter. The luxury EV maker has 256 registrations in Germany through the first ten months.

Lucid’s growth comes despite overall EV registrations in Germany slipping nearly 5% YOY to 35,491 units in October.

After opening its newest studio in Hamburg last month, Lucid declared its “expansion in Europe continues.” The new studio comes just a month after opening one in Frankfurt.

Lucid now has four showrooms in Germany and eight in Europe as it expands overseas. Last month, the EV maker also signed a deal with SIXT to add its luxury Air sedan to its fleet in Germany.

Lucid-Europe-luxury-EV
Lucid EV studio in Germany (Source: Lucid)

Following the deal, former CEO Peter Rawlinson said more customers will be able to “experience the only EV in the world which is equally at home on the Autobahn as on city streets.”

Lucid’s mobile service network covers 15 European markets, including Belgium, Luxembourg, France, Austria, Italy, Spain, the United Kingdom, Sweden, Denmark, Poland, and the Czech Republic.

Lucid-Europe-luxury-EVs
Lucid retail studio in Düsseldorf, Germany (Source: Lucid)

The Lucid Air Pure starts at about $93,000 (€85,000) in Germany and has up to 464 miles (747 km) of WLTP range. Lucid’s Air Touring and Air Grand Touring models start at $108,200 (€99,000) and $141,000 (€129,000), respectively.

Starting Price WLTP Range
Lucid Air Pure $93,000 (€85,000) 464 miles (747 km)
Lucid Air Touring $108,200 (€99,000) 451 miles (725 km)
Lucid Air Grand Touring $141,000 (€129,000) 521 miles (839 km)
Lucid Air EV prices and range by trim in Germany

Lucid said it plans to continue expanding in Europe with its newly opened service and delivery centers in Munich and Zurich.

In the US, the company is gearing up to launch its first electric SUV, the Gravity. Lucid will begin taking Gravity SUV orders for US buyers on November 7, 2024.

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Why repowering wind farms is wind power’s next big thing

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Why repowering wind farms is wind power's next big thing

Renewables developer Exus Renewables North America is giving a $200 million upgrade to Somerset County, Pennsylvania’s 139 megawatt (MW) Twin Ridges Wind Farm – here’s why repowering projects like this are the future of the wind industry.

Wind energy repowering is all about breathing new life into older turbines or entire wind farms. By swapping out aging parts like turbines, blades, and nacelles for the latest tech, wind farms can see significant boosts in efficiency, power capacity, and overall lifespan. Other infrastructure and control systems can also get a second life, too.

Adding new components to existing infrastructure and grid connections mean it’s less expensive to extend the life of the wind farm with fewer resources. New components make the turbines less prone to breakdowns which means less maintenance, so there are fewer operational costs. Plus, a wind farm’s debt is usually paid off at around 10 years, and it qualifies for new tax credits and new financing at around that time. Existing wind farms often have power purchase agreements in place, and data companies are increasingly chasing power sources as demand grows.

Repowering Twin Ridges meant keeping all 68 towers and foundations while swapping out the nacelles and blades. Vestas, which has identified the repower market as a huge opportunity and engineered a solution that’s compatible with most turbines, supplied US-made nacelles, hubs, blades, and tower adaptors for the project. (Twin Ridges’ original supplier, RES, is no longer in business.)

Jim Spencer, CEO of Exus Renewables North America, said of Twin Ridges, “This upgrade will increase the power generation by 30%, which is a lot more power going into the grid. Repowering will allow it to use more of its allotted grid capacity since wind farms don’t operate at maximum capacity 100% of the time.”

Unlike a new wind farm, which comes online all at once, a repowered wind farm sees refurbished turbines turned on one at a time since the infrastructure is already in place. Out of its 68 upgraded turbines, Twin Ridges has brought 40 repowered turbines online, and a 41st turbine will soon follow.

Industry estimates suggest that up to 50 GW of US onshore wind capacity will be assessed for repowering in the next few years.

Read more: Renewables now make up 30% of US utility-scale generating capacity


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