Costco deal saves up to $2,000 on these EVs and PHEVs

Costco is once again offering deals on EVs and plug-in hybrids for its members.

Between May 1 and July 31, the retail chain is offering a $1,000 incentive on 2024 and 2025 Volvo models, including the 2024 XC40 and C40 Recharge EVs and XC60 Recharge and XC90 Recharge plug-in hybrids, as well as 2025 XC60 and XC90 plug-in hybrid models.

The XC40 Recharge and C40 Recharge are essentially the same vehicle, with the C40 Recharge having a more coupe-like body style. Both perform better and return more range for 2024 with a new rear motor and rear-wheel-drive focus. Volvo is in the process of rebadging the XC40 Recharge and C40 Recharge as the EX40 and EC40, respectively, to fit in with its updated EV naming scheme.

Costco is also offering incentives of $1,000 for the three General Motors EVs—the Cadillac Lyriq, Chevrolet Blazer EV, and Chevrolet Equinox…