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February’s Best EV Deals: Are You Kidding Me With This Offer?!
Fantastic deals exist in the electric car space if you know where to look.
Zach GaleWriterManufacturerPhotographerMotorTrend StaffPhotographerFeb 13, 2026
When it comes to offering deals on their latest EV, clearly some automakers refuse to take no for an answer. Months after the $7,500 federal EV tax credit disappeared, the deals are not only still around—they’re bigger than we’ve seen in a while.
What follows isn’t a list of every EV deal for February; instead, it’s a collection of offers on cars you might want to drive, and we’ve saved the biggest new deal for last.
A quick note on these deals: They’re correct as of publishing, but availability may vary near you. Check back next month for more EV deals.
See deals from January.
19 2026 Chevrolet Equinox EV front view
2026 Chevrolet Equinox EV Deal: $6,500–$10,000 Off
Part of General Motors’ emerging electric car strategy appears to be pricing everything right the first time. We’ve seen it with the Cadillac Lyriq, a midsize luxury SUV that undercuts competitors in price, and the same is true for the Chevrolet Equinox EV.
The Equinox EV’s mid- to high-$30,000 base price is already reasonable, and in our experience the SUV is pretty good. It only placed fifth in a big comparison of electric SUVs, but part of that was the FWD handling limitations. With this February’s EV deal, you get cash back on top of reasonable MSRPs, so an AWD upgrade may just be within reach.
2026 Equinox EV deal: $6,500 to $8,750 off depending on trim. If you own a 2021 or newer non-GM product or a GM product that’s 2012 or newer, it’s up to $10,000.
005 2025 Polestar 3 Launch Edition
2025 Polestar 3 Deal: $18,000 Off Plus 2.99 percent for 60 Months
Times are tough for any automaker that might be compared to a Tesla Model Y, that ubiquitous and low-priced SUV. Perhaps that’s the case for the 2025 Polestar 3, which returns with last month’s amazing deal on a car that’s great fun to drive and fantastic to look at. Really, it’s just as interesting in person as it is in this photo gallery.
We weren’t impressed by the controls or tech in the 2025 3, but Polestar is taking steps to improve that situation. Could the risk be worth the reward? That depends entirely on how important driving fun is to you.
2025 Polestar 3 deal: $18,000 off plus 2.99 percent for 60 months.
2 2025 Kia EV6
2025 Kia EV6 Deal: $5,000 Off Plus 0 percent for 72 Months
Kia continues its sell-down of the 2025-model-year EV6, and this easily qualifies as one of the best EV deals of the month. On the 2025 EV6—which finished second in a large comparison of compact electric SUVs—Kia is offering 0 percent financing for 72 months plus $5,000, or up to $11,500 off on select trims.
2025 EV6 deal: $5,000 off plus 0 percent for 72 months, or up to $11,500 off.
008 2025 Hyundai IONIQ 5
2026 Hyundai Ioniq 5 Deal: $5,000 Off Plus 0 percent for 72 Months
Long after the Ioniq 5 became our 2023 SUV of the Year, Hyundai dropped its prices by $7,600 to $9,800 for the 2026 model year. That almost gave it complete parity with other lower-priced entries like the Equinox EV higher on this list.
So, imagine our surprise when on top of that baked-in discount, Hyundai is also offering either $10,000 off the top of the Ioniq 5 or 0 percent financing for 72 months with $5,000 off. That kind of aggressive offer on an electric car we really like easily makes this the best EV deal of the month as far as we’re concerned.