As the electric vehicle (EV) market continues to grow, more affordable options are becoming available to budget-conscious drivers. With rising fuel costs and increased environmental awareness, many are making the switch to electric without breaking the bank.
We’ve compiled a list of the 10 cheapest EVs currently on sale in the US, providing a variety of options for those looking to go green on a budget. These EVs offer impressive performance, range, and features while maintaining affordability in a rapidly evolving market.
Whether you’re a first-time EV buyer or looking to upgrade to something a little newer, these models offer the best value for your money. Let’s take a look at the top contenders that prove going electric doesn’t have to be expensive.
In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Kelley Blue Book and Edmunds. The models below have been ranked based on their starting MSRP from highest to lowest. Starting MSRP price is the manufacturer’s suggested retail price (MSRP) for the lowest model trim. MSRP excludes destination and handling charges, taxes, title, license, options, and dealer charges.
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10
2025 Chevrolet Equinox EV
Starting MSRP: $41,900 (Federal EV Tax Credit: Up To $7,500)
The 2025 Chevrolet Equinox EV delivers a bold new entry into the electric SUV market with a focus on affordability and practicality. It combines a smooth, efficient ride with a spacious interior, making it a great option for families and urban drivers alike.
Equinox EV LT Performance Specifications
|
Motor |
Single Electric |
|
Battery |
85.0 kWh |
|
Output |
220 HP |
|
Range |
319 Miles |
The interior of the 2025 Equinox EV is designed with comfort and convenience in mind, featuring a sleek, modern layout. It offers a range of tech features, such as a customizable digital display and wireless connectivity, making every drive more enjoyable and connected.
Pros
- Decent range
- Roomy seating
- Smooth ride and quiet cabin on the highway
Cons
- Lacks Apple CarPlay smartphone integration
- Not much storage space for small items
- Lackluster acceleration and handling capabilities
9
2025 Ford Mustang Mach-E
Starting MSRP: $39,995 (Federal EV Tax Credit: Not Eligible)
The 2025 Mustang Mach-E continues to impress with its powerful electric performance and iconic Mustang styling. Offering a variety of powertrains, including an all-wheel-drive option, it combines thrilling acceleration with an impressive driving range.
Select RWD Standard Range Performance Specifications
|
Motor |
Single Electric |
|
Battery |
70.0 kWh |
|
Output |
266 HP |
|
Range |
247 Miles |
Ford’s SYNC 4A system offers seamless integration, while the Mach-E’s performance-oriented features, like adjustable driving modes, allow for a personalized driving experience. With a focus on both performance and practicality, the Mach-E brings a balance of fun and functionality to the electric SUV segment.
Pros
- Upscale interior design
- Hands-free tech
- Sporty acceleration and handling
Cons
- Limited number of front seat adjustments
- Ride can get uncomfortable on bumpy roads
- Fast-charge charging time could be faster
8
2025 Nissan ARIYA
Starting MSRP: $39,770 (Federal EV Tax Credit: Not Eligible)
The 2025 Nissan ARIYA stands out with its bold design, combining sleek lines and a commanding stance that highlights its electric capabilities. Available in both front-wheel and all-wheel drive, it offers impressive acceleration and range, making it a versatile choice for everyday use or longer trips.
Ariya Engage Performance Specifications
|
Motor |
Single Electric |
|
Battery |
66.0 kWh |
|
Output |
214 HP |
|
Range |
216 Miles |
Inside, the ARIYA’s cabin emphasizes comfort and technology, featuring a digital cockpit and premium materials throughout. With standard safety features like ProPILOT Assist, it delivers both an engaging driving experience and enhanced peace of mind on the road.
Pros
- Comfortable and composed on the road
- Modern-looking interior design
- Comes standard with many advanced driver aids
Cons
- No true one-pedal driving
- Unimpressive charging speeds
- Outdated infotainment graphics
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7
2025 Volkswagen ID.4
Starting MSRP: $39,753 (Federal EV Tax Credit: Not Eligible)
The 2025 Volkswagen ID.4 presents a refined, all-electric driving experience with a strong focus on practicality and style. With improved powertrains, it offers a smooth, responsive ride and a range that caters to both city driving and longer journeys.
ID.4 Standard Performance Specifications
|
Motor |
Single Electric |
|
Battery |
62.0 kWh |
|
Output |
201 HP |
|
Range |
206 Miles |
The ID.4 cabin offers a modern, minimalist design with a spacious, tech-forward layout featuring a digital cockpit, a floating center console, and high-quality materials. It emphasizes sustainability with eco-friendly materials and provides an intuitive, user-friendly experience for both driver and passengers.
Pros
- Decent range and tech
- Smooth ride and spacious cabin
- Lots of helpful driver-assist and technology features come as standard
Cons
- Some controls can be difficult to operate
- Not as sporty or fun to drive as most rival EVs
- Some low-quality cabin plastics cheapen the experience
6
2025 KIA Niro EV
Starting MSRP: $39,600 (Federal EV Tax Credit: Not Eligible)
The 2025 KIA Niro EV stands out with its bold design and versatile performance, perfect for those looking for an eco-friendly compact SUV. It offers an impressive range and quick charging times, making it a convenient choice for daily commuting and weekend trips.
Niro EV WIND Performance Specifications
|
Motor |
Single Electric |
|
Battery |
64.8 kWh |
|
Output |
201 HP |
|
Range |
253 Miles |
The Niro EV’s cabin combines practicality with a futuristic design, featuring a spacious layout and high-quality, eco-conscious materials. It stands out with a dual-screen setup, customizable ambient lighting, and an intuitive, driver-focused interface.
Pros
- Class-leading warranty
- Spacious interior
- Advanced tech features
Cons
- No all-wheel drive option
- Charges more slowly than some
- Doesn’t provide much excitement from behind the wheel
5
2025 Subaru Solterra
Starting MSRP: $38,495 (Federal EV Tax Credit: Not Eligible)
The 2025 Subaru Solterra is an all-electric SUV that combines rugged capability with modern technology. It offers all-wheel drive as standard, providing excellent traction for both urban and off-road adventures.
Solterra Premium Performance Specifications
|
Motor |
Dual Electric |
|
Battery |
72.8 kWh |
|
Output |
215 HP |
|
Range |
227 Miles |
The Solterra’s interior offers a rugged yet refined design, with durable materials and a spacious, airy cabin. It features a high-tech dashboard with a large touchscreen, intuitive controls, and an emphasis on comfort and utility for both urban and off-road driving.
Pros
- Standard all-wheel drive
- Comfortable ride
- Loads of technology
Cons
- Not much range compared to rivals
- Bland personality and driving experience
- Rivals charge faster
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4
2025 Hyundai IONIQ 6
Starting MSRP: $37,850 (Federal EV Tax Credit: Not Eligible)
The 2025 Hyundai IONIQ 6 is a sleek, aerodynamic electric sedan with a futuristic design and impressive range. It offers fast charging capabilities and a smooth, quiet ride, making it a strong competitor in the EV market.
IONIQ 6 RWD (Standard Range) Performance Specifications
|
Motor |
Single Electric |
|
Battery |
53.0 kWh |
|
Output |
149 HP |
|
Range |
240 Miles |
Inside, the IONIQ 6 features a high-tech cabin with a large infotainment screen and sustainable materials. It also includes advanced safety features, such as Hyundai’s SmartSense suite, to enhance driver confidence and protection.
Pros
- Impressive range and quick charging speeds
- Comfortable and well-built interior
- Generous standard features list
Cons
- Low on trunk space
- Tight rear headroom
- Can be hard to see out of the back
3
2025 Toyota bZ4X
Starting MSRP: $37,070 (Federal EV Tax Credit: Not Eligible)
The 2025 Toyota bZ4X is a sleek, all-electric SUV that blends advanced technology with a comfortable driving experience. It offers a choice of front-wheel drive or all-wheel drive configurations, providing versatility for different driving conditions.
bZ4X XLE FWD Performance Specifications
|
Motor |
Dual Electric |
|
Battery |
71.4 kWh |
|
Output |
201 HP |
|
Range |
252 Miles |
The bZ4X features a minimalist yet modern cabin with a large touchscreen and a focus on sustainability. Toyota’s Safety Sense suite is standard, ensuring a high level of protection with features like adaptive cruise control and lane-keeping assist.
Pros
- Toyota build quality
- Lots of standard safety features
- Smooth ride quality
Cons
- So-so range
- Charging times could be faster
- Lackluster acceleration and handling
2
2025 Hyundai Kona Electric
Starting MSRP: $32,975 (Federal EV Tax Credit: Not Eligible)
The 2025 Hyundai Kona Electric boasts a modern, compact design with improved battery range and performance. It offers a more refined driving experience, combining style and functionality for urban and suburban driving.
Kona Electric SE Performance Specifications
|
Motor |
Single Electric |
|
Battery |
48.6 kWh |
|
Output |
133 HP |
|
Range |
200 Miles |
The Kona Electric’s interior is designed with a bold, contemporary style, featuring a driver-oriented cockpit and distinctive color accents. It offers a practical layout with versatile storage, high-tech connectivity, and a focus on user convenience for an engaging driving experience.
Pros
- Useful maximum range of 261 miles (SEL, Limited)
- Relatively roomy cabin
- Superb warranties
Cons
- Underwhelming entry-level model
- Lackluster acceleration and handling
- Slower fast-charging speeds than some rival EVs
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1
2025 Nissan LEAF
Starting MSRP: $28,140 (Federal EV Tax Credit: Not Eligible)
The 2025 Nissan LEAF continues to offer drivers a practical and affordable electric vehicle option. It features a sleek design, advanced technology, and a choice of battery sizes, providing a balance of range and efficiency.
Leaf S Performance Specifications
|
Motor |
Single Electric |
|
Battery |
40 kWh |
|
Output |
147 HP |
|
Range |
149 Miles |
With a focus on sustainability, the 2025 LEAF is equipped with Nissan’s ProPILOT Assist system for enhanced safety. Its cabin features upgraded infotainment options, including a larger touchscreen and improved connectivity for a more seamless driving experience.
Pros
- Lowest-priced electric car
- Competent and predictable
- Comfy front seats
Cons
- Outmoded charging port
- Subpar range
- Back seats don’t fold flat
