Is there an affordable electric car on the market?

I’d love to buy an EV, but I can’t afford those high prices. Is there an affordable electric car on the market?

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Answer provided by
Chanice Boyd
Answered on Aug 03, 2022
Many people grapple with the high prices of electric cars, but more affordable vehicles are being added to the market yearly.
The main contributor to the high purchase prices of electric cars is their expensive batteries. But with decreasing manufacturing costs, an increase in product sales, and the introduction of new battery models and more affordable tech, EVs are becoming more affordable. One of the cheapest and most noteworthy affordable electric cars is the Nissan Leaf, with a base price of $27,800.
Five more affordable electric cars
  • Hyundai IONIQ 5: starting at $43,650
  • Kia Niro EV: starting at $39,990
  • Volkswagen ID4: starting at $40,760
  • Chevrolet Bolt: starting at $28,195
  • Hyundai KONA: starting at $31,950
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