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Here Are The Cheapest EVs With Over 250 Miles Of Range
There are more long range EVs on the market than ever, but are there any with affordable price tags?
Chris Teague 
By: Chris Teague
Updated: Jun 5, 2024 at 1:58pm ET
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Range anxiety has become less of a concern as more EVs hit the streets with solid range numbers, but buyers still need a reasonable price tag to go with that capability. The bad news is that electric vehicles remain more expensive than comparable gas models, but the good news is that the number of EVs with more than 250 miles of range and a down-to-earth price is growing fast. We’ve rounded up the cheapest EVs that hit that range benchmark here.
Keep in mind that some of the vehicles you see represent the entry point to their respective model lines, and note that more expensive configurations may offer more features and tech for more money. That said, higher trims often trade driving range for flashier wheels and more equipment. Let’s dive in to see the cheapest EVs with at least 250 miles of range.
Chevrolet Equinox EV
Gallery: 2024 Chevrolet Equinox EV
45
Chevrolet Equinox EV
- Price: $41,900 ($43,295 after destination for FWD 2LT model)
- Price including tax credit: $35,795 (FWD 2LT model)
- Range: 319 miles
- Power: 213 horsepower
Chevy's new Equinox EV is the new kid on the block when it comes to electric affordability for 2024. And it's not even done yet: later this year, the base LT version will launch, and that is expected to start around $35,000 before any tax credits. For models currently for sale, drivers can choose between a FWD model with 319 miles of range or an AWD one with 285 miles of range. All come with 150 kW max DC fast charging, a handsome and capable crossover body and available Super Cruise automated driving assistance tech.
Volkswagen ID.4
Gallery: 2023 Volkswagen ID.4
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Volkswagen ID.4
- Price: $44,875 ($46,300 after $1,425 destination)
- Price including tax credit: $38,800, including destination
- Range: 291 miles
- Power: 282 horsepower
The Volkswagen ID.4 might not be the most exciting EV to drive, but its range and price make it a significant value, and it’s one of few vehicles that retained their tax credit eligibility heading into 2024. The ID.4 Standard delivers 206 miles of range and a reasonable $41,160 price tag before tax credits, along with generous driver-assist technologies and a comfortable interior. VW’s touch-based controls take some time to learn and can be frustrating to use while driving, but there are plenty of standard features to help make up for the complexity.
Tesla Model Y
Gallery: 2021 Tesla Model Y
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Tesla Model Y
- Price: $44,990 ($46,630 after $1,640 destination and order fee)
- Price including tax credit: $39,130, including destination
- Range: 260 miles
- Power: 295 horsepower
The Tesla Model Y is the best-selling EV in the world, outselling even the cheaper Model 3 in the automaker’s catalog. It features a sparse but nice cabin with all controls and buttons contained virtually in the infotainment system. It’s also quick and offers surprising acceleration, though its ride can sometimes be a bit jostling. There’s also no Apple CarPlay or Android Auto, which could irk some buyers, but most report that Tesla’s in-house system works fine in most situations.
Tesla Model 3
Gallery: 2024 Tesla Model 3 (Highland)
84
Tesla Model 3
- Price: $35,990 ($37,630 after $1,640 destination and order fee)
- Price including tax credit: $37,630
- Range: 272 miles
- Power: 271 horsepower
The 2024 Tesla Model 3 got a much-needed update, bringing fresh styling and more interior features. While it doesn’t qualify for tax credits, it’s still one of the most affordable electric vehicles on sale, and its generous range estimates make it an even more compelling buy. Additionally, it offers lively acceleration, at just 5.8 seconds from 0 to 60 mph, and it’s surprisingly engaging to drive.
Polestar 2
Gallery: 2024 Polestar 2
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Polestar 2
- Price: $49,900 ($51,300 including $1,400 destination)
- Price including tax credit: $51,300
- Range: 320 miles
- Power: 299 horsepower
Polestar split from parent company Volvo a few years ago, but the brand retains the tidy Swedish style of its predecessor. The Polestar 2 offers five-person seating in an austere but futuristic cabin, and the automaker’s tech is easy to use without a significant learning curve. It’s available with performance suspension and can be outfitted with all-wheel drive, but all configurations offer lively acceleration and decent handling.
Kia Niro EV
Gallery: 2024 Kia Niro EV
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Source: Kia
Kia Niro EV
- Price: $39,600 ($40,975 after $1,375 destination)
- Price including tax credit: $40,975, including destination
- Range: 253 miles
- Power: 201 horsepower
Kia’s image as the bargain-basement automaker is long gone, and the company’s electric models are among the most compelling buys on the market today. The Niro EV carries the bargain torch, however, bringing a fantastic starting price and a 253-mile range, an impressive list of driver assistance features, and manufacturer discounts to help it stack up against tax credit-eligible competitors. That range might seem short by today’s standards, but the Niro EV’s down-to-earth price tag and upscale interior help the Kia stand out in its increasingly crowded segment.
Toyota bZ4X
Gallery: 2024 Toyota bZ4X
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Toyota bZ4X
- Price: $43,070 ($44,420 after $1,350 destination)
- Price including tax credit: $40,975, including destination
- Range: 253 miles
- Power: 201 horsepower
The Toyota bZ4X is a decent first effort from the automaker, but it’s far from the most thrilling EV to drive. It offers a comfortable interior, generous standard features, and a reasonable driving range. That said, it charges slower than most competitors and is short on cargo space. Toyota also gave it a minimalist interior that could feel foreign to some of Toyota’s faithful buyers.
Kia EV6
Gallery: 2024 Kia EV6
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Kia EV6
- Price: $45,950 ($47,325 after $1,375 destination)
- Price including tax credit: $47,325, including destination
- Range: 310 miles
- Power: 225 horsepower
The Kia EV6 is closely related to the Hyundai Ioniq 5 and 6 but brings a different attitude and unique styling. The cheapest Light RWD trim only offers 232 miles of range, but stepping up to the Light Long Range trim nets 225 horsepower and a longer 320-mile driving range. The EV6 also has a solid list of standard driver assistance features, easy-to-use tech, and a comfortable interior with plenty of space for five people.
Hyundai Ioniq 6
Gallery: 2024 Hyundai Ioniq 6
71
Hyundai Ioniq 6
- Price: $42,450 ($43,565 after $1,115 destination)
- Price including tax credit: $43,565, including destination
- Range: 361 miles
- Power: 168 horsepower
To say that Hyundai gave the Ioniq 6 striking styling is a complete understatement, as the car is far and away one of the most distinctive vehicles on sale today. It’s also a solid value, though it’s not currently eligible for federal tax credits. The base car offers an impressive 361 miles of range, and Hyundai equipped a long list of standard tech and safety features, including several desirable driver aids and smartphone mirroring with Apple CarPlay and Android Auto.
Hyundai Ioniq 5
Gallery: 2024 Hyundai Ioniq 5
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Hyundai Ioniq 5
- Price: $45,850 ($47,225 after $1,375 destination)
- Price including tax credit: $47,225, including destination
- Range: 303 miles
- Power: 225 horsepower
The mid-range Ioniq 5 delivers a solid driving range, quick acceleration, and a good list of standard features. It is not currently eligible for federal tax credits, but it’s priced competitively, and its compelling feature set more than makes up for the lack of incentives. Additionally, no other EV offers retro-inspired “pixelated” styling elements that help make the Ioniq 5 a standout in its class.
Nissan Ariya
Gallery: 2024 Nissan Ariya
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Nissan Ariya
- Price: $44,190 ($45,580 after $1,390 destination
- Price including tax credit: $45,580, including destination
- Range: 289 miles
- Power: 238 horsepower
The Ariya is Nissan’s second mainstream EV after the Leaf. It brings a longer range than the hatchback and an upscale interior that could easily be mistaken for one from a premium brand. The midrange Ariya Evolve+ FWD offers a substantial 289-mile range and decent power, but it’s clear Nissan aimed for comfort over performance. The Ariya’s price tag is reasonable, even without tax credits, but there are better options in its segment for range and power.
Hyundai Kona Electric
Gallery: 2024 Hyundai Kona Electric US
71
Hyundai Kona Electric
- Price: $32,675 ($34,050 after destination, SE model)
- Price including tax credit: $26,550 (lease only)
- Range: 200-261 miles
- Power: 133 hp-201 hp
The Kona Electric doesn't have the star power that its big brother the Ioniq 5 has, but perhaps it's time for that to change. It's a similar vehicle to the related Kia Niro EV, yet it's somehow an even better deal—available in the mid-$20,000 range when the tax credit is applied (although that is only for a leased model.) Additionally, while it's cheap, the base SE model only has 200 miles of range and just 133 hp. You may want to upgrade to the SEL and Limited trims if you need more juice; those are rated at 261 miles of range and 201 hp.
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Ford Mustang Mach-E
Gallery: 2023 Ford Mustang Mach-E
2
Ford Mustang Mach-E
- Price: $39,995 ($41,890 after $1,895 destination)
- Price including tax credit: $41,890, including destination
- Range: 250 miles
- Power: 264 horsepower
The Mustang Mach-E received price cuts early in 2024 that have made it a compelling buy against more expensive rivals. The base Select model comes with 250 miles of range and a decent amount of power. Ford also equips a massive touchscreen and desirable tech features like Apple CarPlay and Android Auto. The Mach-E is not currently eligible for tax credits, but the recent price cuts have made up for the lack of incentives.
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What Are The Cheapest Electric Cars In 2024? (Updated)
FAQ
Are all Teslas eligible for federal tax credits?
No, some Tesla models exceed the government’s price limits for credits, and others miss because of their manufacturing location.
Isn’t the Nissan Leaf an affordable EV, too?
Yes, the Nissan Leaf starts at just over $28,000 before destination. That said, its range tops out at 212 miles, so it is excluded from this list
Are there other affordable EVs available now?
Yes, beyond the Nissan Leaf, the Hyundai Kona EV comes with a reasonable price tag. The Fiat 500e and new Mini Cooper SE are both cheap, too, but their super-short driving ranges make them hard to recommend to the average buyer. Remember that lower prices typically come with shorter range estimates and fewer features, so it’s important to make sure you can live with any limitations that come with a cheaper purchase price.
Do gas savings make EVs a better deal?
Depending on where you live, charging an EV can be significantly less expensive than fueling a gas car. However, the amount of time it takes to accumulate savings that overcome an EV’s higher purchase price can be longer than many people plan to own their vehicle.
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