In recent years, electric vehicles (EVs) have become an increasingly popular choice for environmentally conscious drivers, but many buyers are hesitant to pay top dollar for the latest, high-end models. Whether you’re looking for an affordable second car for commuting or waiting for the technology to improve, there are now several reasonably priced EVs on the market that don’t break the bank. While EVs still tend to carry a higher price tag compared to traditional gasoline-powered vehicles, their prices are steadily coming down, making them more accessible to a broader audience.
This list will cover the ten best affordable EVs available in 2024, featuring models with a range of 200 miles or more, which should meet the needs of most buyers looking to transition to an electric vehicle without sacrificing daily practicality. These cars are excellent for those who want to reduce their carbon footprint, save on fuel costs, and enjoy the quiet, efficient driving experience that electric cars provide.
1. Hyundai Ioniq 5
Starting at $43,195, the Hyundai Ioniq 5 is an eye-catching, retro-inspired electric SUV that offers a solid range and advanced technology. The Ioniq 5 comes with a choice of standard or long-range battery packs, with an estimated range of up to 303 miles on the longer version. Its 800-volt architecture allows for fast charging, and it offers vehicle-to-load capabilities, enabling you to power devices with the car’s battery. The Ioniq 5’s spacious interior, user-friendly tech, and futuristic design make it a great option for anyone looking for a modern electric SUV at a competitive price.
2. Nissan Ariya
Starting at $40,980, the Nissan Ariya is a compact electric SUV that stands out with its modern design and advanced features. The Ariya offers a range of up to 304 miles with the larger 87-kWh battery, while the standard 63-kWh battery provides a more modest 216-mile range. Available with either front-wheel or all-wheel drive, the Ariya offers a smooth ride and plenty of tech, including a 12.3-inch touchscreen and driver-assist features like ProPILOT Assist. The Ariya’s interior is spacious and comfortable, making it a great choice for families or those who want an affordable, stylish electric SUV.
3. Hyundai Kona Electric
The 2024 Hyundai Kona Electric starts at $34,070 and brings a more practical option for those seeking a subcompact SUV with an impressive electric range. With a redesigned body and more spacious interior, the Kona Electric offers two battery options: a standard 48.6-kWh battery that provides 200 miles of range and a larger 64.8-kWh battery with a range of 261 miles. The Kona Electric’s higher trims come with additional features, including a 201-hp motor, making it a solid choice for those who need an EV that can handle longer drives without compromising on comfort.
4. Nissan Leaf
Starting at $29,280, the Nissan Leaf has been a leader in affordable electric cars since its introduction in 2011. The 2024 version offers two configurations: a standard-range Leaf S with a 149-mile range, and the Leaf SV Plus, which boosts the range to 212 miles thanks to a larger 60-kWh battery. While the Leaf’s design is relatively basic, it provides essential features like a 8-inch touchscreen with navigation, Apple CarPlay, and Android Auto. Despite its modest horsepower of 147, the Leaf is an efficient city car and remains one of the most affordable EVs on the market.
5. Hyundai Ioniq 6
Starting at $38,650, the Hyundai Ioniq 6 is a sleek, futuristic sedan that provides excellent value. With an EPA-estimated range of up to 361 miles on its higher trim, the Ioniq 6 is one of the longest-range electric vehicles in its class. Its standard features include driver-assist technology, Apple CarPlay, Android Auto, and a heated, power-adjustable driver’s seat. Additionally, it’s equipped with advanced battery technology that allows for rapid charging, with the ability to go from 10% to 80% in just 18 minutes on a 350-kW charger. The Ioniq 6 stands out for its combination of performance, range, and cutting-edge design.
6. Kia Niro EV
The 2024 Kia Niro EV is an efficient and practical electric crossover starting at $40,975. Equipped with a 64.8-kWh battery and a 201-hp motor, the Niro EV offers an impressive 253 miles of range on a full charge. The Niro EV is also packed with standard features, including a large touchscreen, adaptive cruise control, and wireless Apple CarPlay and Android Auto. The Niro EV strikes a good balance between affordability, practicality, and technology, making it an ideal choice for those who need more space without stepping up to a larger, more expensive EV.
7. Volkswagen ID.4
The 2024 Volkswagen ID.4 is a versatile and practical electric SUV that starts at $41,160. The ID.4 offers an EPA-estimated range of up to 291 miles with its larger battery, and it comes with a 12.9-inch touchscreen, a new intuitive user interface, and plenty of standard safety features. Its 62-kWh battery offers a solid range of 206 miles in the base model, while higher trims with the 82-kWh battery boost the range and provide a more powerful 201-hp motor. The ID.4 combines practicality, comfort, and modern features, making it a great choice for those looking for a well-rounded electric SUV.
8. Mini Cooper SE Hardtop
With a starting price of $31,895, the Mini Cooper SE Hardtop is a fun, sporty EV that offers an urban-friendly driving experience. While its 114-mile range may seem limited compared to other vehicles on this list, it’s still sufficient for daily commuting in city environments. Powered by an electric motor producing 181 horsepower, the Mini Cooper SE Hardtop can accelerate from 0-60 mph in just 6.9 seconds. Although its range might not be ideal for long trips, its compact size and spirited handling make it a great choice for those who want an affordable, agile electric vehicle for short drives.
9. Ford Mustang Mach-E
Starting at $41,990, the Ford Mustang Mach-E is an electric SUV that combines performance and practicality. The base Select trim offers a range of 230 miles and a 264-hp motor, with the option to upgrade to the Long Range model for up to 320 miles of range. The Mach-E is equipped with modern tech features, including Ford’s Sync 4A system and available hands-free driving with the Super Cruise system. With its athletic performance and spacious interior, the Mach-E is a great choice for those who want an electric vehicle that can handle both everyday commutes and weekend adventures.
10. Tesla Model 3
At a starting price of $40,380, the Tesla Model 3 continues to be a popular choice for those seeking an affordable entry into the world of electric vehicles. The base single-motor, rear-wheel-drive Model 3 offers an EPA-estimated range of 272 miles, while the dual-motor AWD Long Range variant provides up to 342 miles of range. Tesla’s extensive Supercharger network ensures that long-distance travel is convenient, making it a practical choice for daily use as well as road trips. The Model 3’s high-tech features, minimalist interior, and strong performance make it a strong contender in the affordable EV market.
These ten affordable electric vehicles provide a wide range of options for buyers looking to enter the EV market without spending a fortune. Whether you’re seeking a small city car like the Mini Cooper SE or a more spacious SUV like the Ford Mustang Mach-E, these vehicles offer great value with impressive ranges, advanced technology, and modern features. As the market continues to evolve, these affordable EVs serve as a solid stepping stone for those looking to embrace electric driving while keeping costs in check.