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Michelle Lewis

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Michelle Lewis is a writer at Electrek. She lives in Massachusetts. She has previously worked for Fast Company, the Guardian, News Deeply, Time, and others. Message Michelle on Bluesky..

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These are the 5 best EV financing offers right now

Ford Mustang Mach-e

Some of the best financing deals on EVs are offering 0% APR for up to 72 months, and if you combine that with an electric car eligible for the $7,500 federal tax credit, you get a pretty solid deal if you’re looking to buy.

However, the EV federal tax credit dies a premature, unnecessary death on September 30, 2025, thanks to the Republican-controlled Congress, so check out the best EV financing deals below that our friends at CarsDirect have surfaced.

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Mangrove’s new lithium plant will boost North America’s EV game

Mangrove lithium plant

Mangrove Lithium is scaling up in a big way to produce more homegrown lithium in North America. The Vancouver, Canada-based company just announced it will build another new facility, and this one will crank out 20,000 tonnes of battery-grade lithium yearly – enough to power over 500,000 EVs, as much as North America’s current refining capacity.

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Redwood is repurposing GM’s EV batteries into energy storage

Redwood GM batteries

General Motors and Redwood Materials are joining forces to take EV battery tech beyond the road and onto the grid. The two companies just signed a non-binding memorandum of understanding that sets the stage for turning both new and second-life GM batteries into energy storage systems to support the US’s rising electricity demand.

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From $129/month: 5 of the best EV lease deals in July

Volkswagen-ID.4-production

Heads up, EV shoppers: A 25% tariff on imported cars is already in place, and the Republicans killed the $7,500 EV tax credit after September 30. That means time is running out to score a lease while there’s still tariff-free inventory on dealer lots – and before that federal incentive vanishes. If you’ve been thinking about leasing a new EV, now’s the time to take a serious look. Here are 5 of the best EV lease deals that CarsDirect found for July.

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EVs are 73% cleaner than gas cars – even with battery production

2025-Audi-Q4-e-tron

Battery electric cars sold today in Europe produce 73% less life-cycle greenhouse gas emissions than gas cars, even when factoring in production, according to new research from the International Council on Clean Transportation (ICCT). That’s a big improvement from 2021, when the gap was 59%.

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FERC: Solar + wind made up 96% of new US power generating capacity in first third of 2025

Louisiana solar

Solar and wind accounted for almost 96% of new US electrical generating capacity added in the first third of 2025. In April, solar provided 87% of new capacity, making it the 20th consecutive month solar has taken the lead, according to data belatedly posted on July 1 by the Federal Energy Regulatory Commission (FERC) and reviewed by the SUN DAY Campaign.

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