Hyundai, Kia, Chevy Offer Up to $10,000 Off EVs Through April 30
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- Hyundai is offering up to $10,000 off 2026 IONIQ models — $10,000 across all IONIQ 9 trims and $8,500 on the IONIQ 5 — plus 0% APR financing for 72 months and an extra $3,000 off; the IONIQ 5 SE Standard Range leases for as low as $259/month with $3,999 due at signing.
- Kia is offering a $10,000 customer cash discount across its entire EV lineup, including the 2026 EV6 and three-row EV9.
- Chevy is offering $10,000 off the Equinox EV, including $8,750 customer cash and $1,250 conquest cash on the RS trim and a $6,500 discount dropping the LT1 FWD to $30,295; the Equinox was the third best-selling EV in the US last year behind the Tesla Model Y and Model 3.
- Toyota is offering up to $6,500 off and 0% APR financing on the 2026 bZ, which the source notes became the third-best-selling EV in the US in Q1 2026 after last year's redesign.
- The $7,500 federal EV tax credit expired at the end of September 2025, and the source explicitly says automakers stepped in with their own incentives to match it — meaning the $10,000 figures partially replace, rather than add to, the old government subsidy.
- Gas prices are up 33% over the past month, nearing $4.00/gallon nationally, and EV searches on cars.com surged 25% from late February to late March.
- Head-to-head, the IONIQ 5 starts at $35,000 with 245 miles of range and standard wireless Apple CarPlay and Android Auto (absent on the Equinox), while the Equinox EV starts at $34,995 with up to 319 miles of range and a 17.7-inch touchscreen (vs. 12.3-inch on the IONIQ 5).
Why it matters: Buyers comparing the IONIQ 5 and Equinox EV get a clear price-and-feature trade-off this month, with both now starting around $35,000 and offering 245-319 miles of range. The headline $10,000 discounts often require financing stacks or conquest cash (Chevy's $1,250 conquest bonus requires owning a non-GM vehicle), so actual off-the-lot savings vary by buyer profile — but combined with 0% APR for 72 months, total cost of ownership is now lower than comparable gas models per the source.
