Electric vehicles are becoming more popular, and if you’re considering making the switch without spending a fortune, there are practical options that won’t drain your savings.
While high-end EVs come with hefty price tags, there are more affordable choices for those who want to benefit from electric driving without excessive costs.
Some buyers may need a reliable second vehicle for daily commutes, especially for high-occupancy vehicle lanes, where a 200-mile range is sufficient.
Others may recognize that in just a few years, EV technology will improve, making it a smart move to opt for a cost-effective model now rather than committing to a pricier one with outdated tech later.
The cost of installing Level 2 home charging, an essential part of EV ownership, can also impact the budget, making lower-cost models a better fit for many.
For those looking to minimize expenses, several EVs are available at reasonable prices, though they generally remain more expensive than gasoline-powered alternatives.
Availability can vary, with some models sold in select states and others requiring reservations with extended wait times. Here are 9 of the most affordable electric vehicles based on starting price, including destination fees.
Only fully electric vehicles are included—plug-in hybrids and fuel-cell models are excluded. Federal tax credits and state incentives are not factored into the pricing.
The federal EV tax credit eligibility updates annually, with increasingly strict requirements for battery and material sourcing. For more details, refer to the IRS list of qualifying vehicles.
1. Nissan Leaf
EPA-estimated range: 149-212 miles
The Nissan Leaf, introduced in 2011, was one of the first mass-market electric vehicles available nationwide. Over the years, it has evolved with improved range and added safety features.
A more capable variant, the Leaf Plus, was introduced with a larger battery for extended mileage. In 2023, the Leaf received subtle styling updates and a simplified lineup featuring the standard-range Leaf S and the longer-range Leaf SV Plus. While the 2025 model remains largely unchanged, it no longer qualifies for federal tax credits.
The base Leaf S is equipped with a 40-kWh battery, a 147-horsepower motor, and an EPA-rated range of 149 miles.
Though the interior is relatively simple, it includes an 8-inch touchscreen with built-in navigation, Apple CarPlay, and Android Auto. Opting for the SV Plus provides a 60-kWh battery, increasing range to 212 miles with a stronger 214-hp motor.
Also Read: Fiat Panda Goes Electric with a Budget-Friendly Price Tag This Spring
2. Hyundai Kona Electric
EPA-estimated range: 200-261 miles
This subcompact SUV retains many design and interior elements from the gas-powered Kona. While comfortable for front passengers, the backseat and cargo space are more constrained.
The 2024 redesign introduced a longer, wider, and taller build. The base SE model carries a 48.6-kWh battery and a 133-hp motor, while the SEL, Limited, and newly introduced N Line trims have a 64.8-kWh battery paired with a 201-hp motor.
The entry-level SE trim has an EPA-rated range of 200 miles, while higher trims reach up to 261 miles. Initially available only in states with zero-emission mandates, the Kona Electric is now sold in nearly every state except Wyoming and South Dakota.
3. Chevrolet Equinox EV
EPA-estimated range: 307-319 miles
For those seeking excellent value, the Equinox EV is a strong contender. The base front-wheel-drive model offers 319 miles per charge, making it one of the longest-range electric SUVs in its price bracket. With 150-kW DC fast charging, it can recover 77 miles of range in just 10 minutes.
The most affordable variant, the LT trim, includes popular safety features, a 17.7-inch touchscreen, and an 11-inch digital instrument cluster. Buyers can also opt for GM’s Super Cruise hands-free driving technology through an additional safety package.
4. Toyota bZ4X
EPA-estimated range: TBA; 222-252 miles (Toyota Estimates)
Toyota’s bZ4X offers both single-motor front-wheel drive and dual-motor all-wheel drive configurations. The FWD version comes with a 71.4-kWh battery, while the AWD version features a slightly larger 72.8-kWh pack.
Official EPA figures for 2025 are pending, but Toyota estimates a range between 222 and 252 miles, with the FWD XLE trim delivering the highest efficiency.
While the bZ4X prioritizes comfort over performance, it still provides 201 hp in FWD form, with AWD models increasing to 214 hp.
Charging speeds trail behind some competitors, making it a better fit for daily commuting rather than long-distance travel.
5. Ford Mustang Mach-E
EPA-estimated range: TBA for 2025; 240-320 miles (Ford estimate)
The 2025 Ford Mustang Mach-E sees minor updates, including a more efficient climate control heat pump and a relocated gear shifter. Ford has also introduced an updated BlueCruise hands-free driving system as an optional upgrade.
The base Select trim features a single rear motor producing 264 hp and 387 lb-ft of torque. While premium trims can be pricey, the entry-level Select RWD version starts at a much lower $38,490. Ford estimates this model can travel 260 miles per charge, with official EPA figures expected soon.
6. Hyundai Ioniq 6
EPA-estimated range: 240-342 miles
With a sleek, aerodynamic design, the Hyundai Ioniq 6 offers strong value. Built on an advanced 800-volt battery system, it can charge from 10% to 80% in just 18 minutes using a 350-kW fast charger.
The base SE Standard Range trim comes with a single-motor rear-wheel-drive setup and an EPA-rated 240-mile range.
Standard features include adaptive cruise control, Apple CarPlay, Android Auto, and a power-adjustable driver’s seat. Upgrading to all-wheel drive adds $3,500 but reduces range slightly.
7. Kia Niro EV
EPA-estimated range: 253 miles
Part of Kia’s electrified-only lineup, the Niro EV shares its platform with hybrid and plug-in hybrid models.
It retains its single-motor front-wheel-drive system, 64.8-kWh battery, and 201-hp output. The base Wind trim delivers 253 miles of range, while the higher-end Wave trim offers additional features.
8. Nissan Ariya
EPA-estimated range: 205-289 miles
Nissan’s newest EV offers a well-balanced blend of technology and performance in a compact SUV format. While some may find the absence of a one-pedal driving mode unusual, the Ariya stands out after recent price cuts.
The Engage FWD trim, starting at $41,160, has a 63-kWh battery and 216-mile range. Buyers can opt for the $45,760 Evolve+ FWD model, which comes with an 87-kWh battery and a 289-mile range.
Also Read: 10 Best Budget-Friendly Cars Launching Soon With Style, Innovation, and Affordability
9. Tesla Model 3
EPA-estimated range: 346-363 miles
Tesla’s entry-level sedan saw minor exterior updates for 2024, including a sharper design and a stalkless steering column. Functions like blinkers and gear selection are now operated via buttons or the touchscreen.
Despite these changes, the Model 3 remains one of the most cost-effective long-range EVs. The Long Range Rear-Wheel Drive variant offers an impressive 363-mile EPA-rated range.
These affordable EVs make it possible to transition to electric driving without excessive spending, while still providing modern features and strong performance.