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The 11 cheapest EVs are listed below by starting price. The prices for electric cars do not include the federal plug-in tax credit, currently $7,500 for eligible taxpayers on most electric automobiles, or state or local assistance.
Key Takeaways
The article lists 11 cheapest electric vehicles you can buy, with prices not including the federal plug-in tax credit, currently $7,500 for eligible taxpayers on most electric automobiles.
- Chevrolet Bolt EV and EUV - Affordable electric vehicles with a range of 259 miles and available home charger installation.
- Nissan Leaf - A compact electric vehicle with a range of 149 miles ( Leaf S) and 212 miles (Leaf SV Plus).
- Mazda MX-30 - A unique electric vehicle with a limited range of 100 miles, with a unique design and eco-friendly features.
- Kona Electric - A comfortable electric SUV with a range of 258 miles, available in states with zero-emission car sales objectives.
- Volkswagen ID.4 - An affordable electric SUV with a range of 250 miles
- Ford Mustang Mach-E - Affordable electric SUV with a range of 300 miles
- Mini Cooper SE - Affordable electric hatchback with a range of 110 miles
- Audi E-Tron - A luxury electric SUV with a range of 238 miles
- Jaguar I-PACE - A luxury electric SUV with a range of 292 miles
- Porsche Taycan - A luxury electric sports car with a range of 201 miles
- Lucid Air - A luxury electric sedan with a range of 406 miles.
Chevrolet Bolt EV, EUV
Starting price: $26,595
Starting price: $26,595
Federal plug-in tax credit? No
The 2023 Chevrolet Bolt EV and EUV sis the least expensive electric cars on the market and are the most cheap all-electric vehicles after a $5,900 price decrease ahead of summer manufacturing. GM also helps consumers instal 240-volt home chargers to offset the loss of government rebates that competing EVs can still obtain. Chevrolet will repay 2020-22 Bolt EV and 2022 Bolt EUV buyers who purchased in 2022.
Other than the cheaper price, the 2023 models are similar to the 2022s that gained new designs. The 2022 Bolt EV includes "high-eye" daytime running lights and turn signals with lower headlights. It boasts redesigned seats and an instrument panel with a 10.2-inch touchscreen and optional 8-inch gauge display. Toggle-and-button shifters are new. Rear cross-traffic warning, 360-degree camera, and adaptive cruise control are optional. DC fast-charging is now common, and the Bolt EV comes with a dual-level charge wire that can be utilised with a 120-volt household outlet or a 240-volt home outlet, like a clothes dryer outlet. The Bolt's 65-kilowatt-hour battery and 200-horsepower engine remain.
The 2022 Bolt EUV has the same architecture and powertrain but has roughly 6 inches extra length, more room, and somewhat less range for more money. Chevy claims the two Bolts share no external sheet metal. The EUV is the first Chevy to offer GM's $2,200 Super Cruise driver-assist tech for hands-free driving on suitable roads. The Bolt EV and EUV both include fast-charging and dual-level charge cords.
Nisan Leaf
Starting price: $28,895
Starting price: $28,895
Federal plug-in tax credit? Yes
The 2023 Leaf, a tiny four-door hatchback, was one of the first totally electric cars accessible nationwide in 2011. It now has a longer-range sister, the Leaf Plus, with a greater battery. The Leaf S and Leaf SV Plus are the only models for 2023, with modest design changes. Nissan estimates 149 miles of range for the basic Leaf's 40-kWh battery and 147-hp electric motor. The basic cabin offers an 8-inch touchscreen with navigation, Apple CarPlay, and Android Auto.
The Leaf SV Plus, with a 62-kWh battery, 212-mile range, and 214-hp engine, is more comfortable.
MX-30
$34,695 starting price 100-mile EPA-estimated range
Federal plug-in tax credit? No
Mazda's first full-EV, the MX-30, went on sale in California in October, with a countrywide deployment planned "over the following years." Its coupelike roof, rear-hinged half doors, and minimalist interior make it an SUV-like hatchback. Cork in the centre console, animal-free upholstery, and recycled plastic bottle fibre door trim all eco-friendly.
The front-wheel-drive electric motor generates 144 horsepower and 200 lb-ft of torque from a 35.5-kWh battery. AWD is not available. Mazda offers a limited number of free loaner vehicles for road trips and $500 in ChargePoint credits for public charging or Level 2 home charger installation, but its 100-mile range is disappointing even among inexpensive EVs like the Leaf and Bolt.
Kona Electric
Starting Price: $34,845
258-mile EPA range
Federal plug-in tax credit? No
This four-door subcompact SUV is one of the cheapest electrically powered and comfy in front but confined in the rear and load space. The Kona Electric sports a 64-kWh battery, a 201-hp electric motor, and DC fast-charging that takes 47 minutes from 10% to 80%. The Kona Electric received stylistic upgrades, wheels, a 10.25-inch touchscreen, a 10.25-inch instrument display, and a revised centre console with wireless charging in 2022. Kona Electric remains unchanged for 2023. Only states with zero-emission car sales objectives sell the Kona Electric.
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Mini Cooper SE Hardtop
$35,075 starting price 114-mile EPA-estimated range
Federal plug-in tax credit? No
The Cooper SE Hardtop, a two-door, four-seat hatchback, was the cheapest EV in America until numerous competitors undercut it. Minis have a limited range but enough for daily commuting. The Cooper SE Hardtop may appeal to consumers searching for a fun urban runabout or second vehicle with its sporty aesthetics and driving qualities, 181-hp electric powertrain (0-60 mph in 6.9 seconds), and tiny size.
While range is restricted, Mini says the 32.6-kWh battery can be charged with 7.4 kilowatts of AC power in around four hours on a Level 2 home or public charger. The 2023 model is mostly unaltered from the 2022, which received the same external, interior, electronics, and multimedia updates as the regular Mini Hardtop and Convertible versions. The SE has two higher trim levels and a variety of customising choices.
Volkswagen ID.4
Starting price: $38,790 EPA-estimated range: 208-275 miles (estimated)
Federal plug-in tax credit? No
The tiny SUV ID.4 is spacious. Though EV ride quality is modest, it's one of the more fun-to-drive and smooth-riding mainstream EVs. A narrow 33.6-foot turning diameter will also please city drivers. The inside is sleek and well-made, but the touch-sensitive controls are irritating. 12-inch touchscreens are optional. The backseat has 18.9 cubic feet, greater than the Ford Mustang Mach-E but less than the Tesla Model Y.
The 2023 Standard trim has a 62-kWh battery pack and costs thousands less than variants with bigger batteries. Volkswagen believes this variant offers 208 miles of range. Larger batteries enhance ID.4 range. The RWD ID.4 Pro boasts an 82-kWh battery, 201-hp electric engine, and 275-mile range. The ID.4 Pro S variant has more standard features but a 13-mile lower range. Dual-motor AWD with 295 horsepower and 2,700 pounds of towing capacity reduces range to 251 miles for the Pro and 245 miles for the Pro S. Buyers receive three years of complimentary 30-minute Electrify America fast charging at 135 kW DC.
Niro EV
$40,745
253-mile EPA range
Federal plug-in tax credit? No
For 2023, Kia redesigned its Niro EV, hybrid, and plug-in hybrid hatchbacks. The 2023 Niro EV has standard front-wheel drive, a 64.8-kWh battery pack, and a 201-hp motor for a 253-mile range. The loaded Niro Wave costs more than the standard Wind.
bZ4X
Starting price: $43,335
EPA-estimated range: 222-252 miles
Starting price: $43,335
Federal plug-in tax credit? No
Toyota's bZ4X SUV offers single-motor FWD or dual-motor AWD powertrains with 71.4-kWh or 72.8-kWh battery packs. The FWD XLE has the maximum range at 252 miles. The cheapest bZ4X offers the largest range, which may benefit budget customers.
FWD bZ4Xs have 201 horsepower, while AWD models have 214. The bZ4X may be better as a second commuting car than a full-time family hauler because its charging capabilities are behind competitors.
Hyundai Ioniq 5
Pricing: $44,895
EPA-estimated range: 220-303 miles
Federal plug-in tax credit? No
Kia EV6 specifications match the Hyundai Ioniq 5. (Kia and Hyundai are affiliated automakers). The Ioniq 5 offers a comparable choice of standard- or long-range battery packs and RWD or AWD, although it costs more and has a lower range estimate than the EV6.
It supports 350-kW DC rapid charging and vehicle-to-load. Hyundai raised the range of AWD Ioniq 5s to 266 miles from 256, increased the maximum towing capacity for most models to 2,300 pounds from 1,650, and introduced battery preconditioning for 2023.
Subaru Solterra
$46,220 EPA-estimated 228 miles
Federal plug-in tax credit? No
AWD distinguishes the Subaru Solterra from the Toyota bZ4X, which it shares a chassis with. The Solterra uses the same dual-motor system as the bZ4X and a 72.8-kWh battery pack to go 228 miles. The Solterra has 215 hp instead of 214 and 249 pounds-feet instead of 248.
The bZ4X and Solterra are now under stop-sale orders. Early Solterra and bZ4X models had a "wheel falling off" issue that led to a stop-sale order, but the makers seem to have resolved it.
Also check out the top 10 cars with the longest range.
