Top 10 Cheapest Electric Cars Available Now!

authorBy Avinaba

Electric vehicles are the way of the future, there is no avoiding it. To outdo their competitors, all automakers are evolving and doing everything they can to quickly assemble an electric portfolio. It wouldn't be incorrect to argue that Mercedes and Audi are now driving the revolution, but how is it going for more reasonably priced vehicles? Well, it's definitely better than it was yesterday!

The electric-powered scene is enhancing with each passing day and matters are much higher in 2022 than they have been some years back. You have lots greater alternatives that won’t necessitate you to interrupt the financial institution to leap at the EV wagon. You mustn’t fear approximately getting reasonably-priced EVs that are naked bones and provide a double-digit range. There are a couple of services in numerous frame patterns that provide the most bang for the buck. Take a look at this listing of 10 first-class low-priced electric-powered vehicles that you could purchase in 2022.

Chang Li

Price: $7,000

Overview: All of these vehicles aren't street legal, but depending on where you live, they might be ideal for you. Just be aware of their limited range, which will vary depending on what battery they come with. Consider the Chang Li to be the launching pad for all the inexpensive, and we do mean cheap, electric vehicles you can now purchase online.

Nissan Leaf

Nissan Leaf

Price: $19,000

Overview: The Leaf has been the go-to low-cost EV for more than ten years, and nothing has changed to this day; it is a reliable, sturdy small car with a range of 149 miles.
If you feel that is still the best inexpensive EV, you may use your tax break money to buy a battery upgrade, which will give you an additional 70 miles of range.


Chevrolet Bolt

Chevrolet Bolt

Price: $24,000

Overview: To their credit, they halted the manufacturing of these tiny automobiles for several months so they could thoroughly investigate the situation and fix it. According to all accounts, the issues have been resolved; however, much like their Corvair from a previous era, the damage has already been done, and merely being reasonably priced may not be sufficient to regain the trust of potential customers.

Chevrolet Bolt EUV

Chevrolet Bolt EUV

Price: $26,000 

Overview: We believe they wasted an opportunity to simply discard the moniker for this model after everything they had to go through with the Bolt; it is after all distinctive enough to justify a different name. If they had changed the name to Chevrolet EUV, no one would have noticed, but the Bolt name remains, instantly scaring away potential purchasers who have heard about all the "Bolt fires." It is a legitimate worry, however, the EUV does not have these problems and has less range and more room, indicating that some battery capacity was given up for increased safety, which is a positive thing.

Mini Cooper SE

Price: $29,900

Overview: This is the greatest substitute if the lovely Honda e isn't available and you're looking for a quirky, wacky tiny city car. You won't be using this for long road trips because its range is only 114 miles, but as a commuter vehicle, it makes some sense, especially given how reasonably priced it is for a Mini.


Ford F-150 Lightning 

Ford F-150 Lightning

Price: $32,474

Overview: This truck has a deceiving price. Technically, it is the genuine price, but given the state of the market, dealers may essentially charge anything they want for these due to the high level of demand. With a range of 230 miles, if they live up to their claims in the real world, they may easily drive Rivian out of business.

Mazda MX-30

Mazda MX-30

Price: $33,470

Overview: Mazda recently stated that they will only create an EV after perfecting the ICE. It is difficult to argue that they did not achieve that given their Skyactiv line of engines, but that is certainly up for debate. 
Their first attempt at creating an EV is quite conventional, with good design work; nevertheless, the subdued performance and a range of only 100 miles are pretty disappointing and simply serve to highlight how far behind they have come.

Hyundai Kona

Hyundai Kona

Price: $34,000

Overview: The fundamental packing problem will ultimately result in greater complexities as an EV is made smaller. The lack of room will always result in minor problems here and there, but even minor problems can have significant effects, as the Kona fires taught us all. Although the Kona appears reasonable, there are superior, less expensive solutions.

Hyundai Ioniq 5

Hyundai Ioniq 5

Price: $39,950

Overview: Compared to the Ioniq, the Niro clearly demonstrates its age. Although it could be somewhat larger, the Ioniq is superior in every other way. The Ioniq is smaller and has a shorter range due to its more compact form, but most consumers would be prepared to forgo the extra 20 miles for a better product.

Kia Niro

Kia Niro

Price: $39,990

Overview: The majority of consumers will anticipate a little more luxury at this price point, and the Niro won't let them down thanks to its wider crossover design and respectable battery with a 239-mile range. It is significant to note that this is an outdated model and will be upgraded the following year, but given the status of the market, don't anticipate too many discounts. Therefore, if you like it, buy it; but, if you don't mind waiting a little while, consider the 2023 model.

Expert Advice

Even though they have a reputation for being expensive, more and more electric vehicles are now available for the more frugal consumer. EVs simply need to be affordable in order to be useful. When the Model 3 was originally introduced, even Tesla, probably the most inventive EV manufacturer, acknowledged that fact.
Unfortunately, even with the $7,500 tax credit, the base price of the Model 3 has increased significantly since it was first introduced, above what any sane person would consider an acceptable price. Thankfully, other real automakers have responded and are now filling the gap. Even while there isn't a fully electric "people's car" yet, we do have possibilities. Interested in checking out these vehicles? Check out our website carweek.com to see or search for the latest new cars near you. Explore New cars now!

Frequently Asked Questions


Q. Are electric cars cheaper to insure?

Ans: In general, insurance for electric automobiles is more expensive than for conventional cars. Insurance companies charge their customers' drivers extra for coverage since electric vehicles are more expensive to purchase and maintain.

Q. Will EV cars get cheaper?

Ans: Considering that manufacturers will be investing more in EV development and, in many cases, abandoning investments in their gas engine departments altogether, pricing for EVs will eventually be lower than those for conventional gas-powered automobiles.

Q. What is the number 1 selling electric car?

Ans: According to registration and sales data, Tesla is still the market leader in electric vehicles, with the Model Y SUV and Model 3 sedan each accounting for almost 68% of the market. Between January and March, around 75% of all EVs sold were Tesla models.

Q. Which EV is as good as Tesla?

Ans:  However, other rivals are now entering the market for luxury electric and self-driving cars. Tesla's key rivals include Nissan, Honda, Nio, Ford, and General Motors. Tesla remains the leader in luxury electric vehicles.

Q. What company sold the most electric cars in 2022?

Ans: Despite what you are hearing, Tesla is still the world's largest electric car producer.