Just a decade ago, options for affordable electric cars were extremely limited. In 2011, the only cheap EV was the 73-mile Nissan Leaf for $32,780. Eleven years later, and with increased demand and exponential technological improvements, many more affordable electric cars are arriving on the market. 

Now, you can easily obtain a 250+ mile EV priced in the $30-40 thousand range, including the tax credit. Since there is a wide variety of EVs with over 250 miles of range, these will be separated into four categories: crossover, sedan, luxury, and general. Listed below are the most affordable EVs available now with over 250 miles of range. 

Cheapest Crossover: 2022 Volkswagen ID.4 Pro: $40,760

Volkswagen ID.4 First Edition

Volkswagen's first electric SUV, the ID.4, is a great affordable option in the electric crossover sector. While its driving experience is rather bland when compared to the Mach-E or Model Y, it is a practical family crossover with a comfortable cabin and good interior storage. But with its $40,760 starting price, it easily undercuts the Model Y by around $18,000, or over $25,000 including the tax credit. The Pro has a 260-mile range, a 125kW on-board charger, and three years of free DC fast charging via Electrify America, a Volkswagen Group of America subsidiary.

  • Price: $40,760
  • Price incl. tax credit: $33,260
  • Range: 260 miles
  • Power: 200 horsepower

Cheapest Luxury Car: 2022 Polestar 2 Single Motor: $46,900

2021 Polestar 2 Front View

Despite being jointly owned by Volvo, Polestar still lacks the overall brand awareness as its counterpart. However, this should change with the new lower-priced and longer range Polestar 2. Unlike most luxury EVs, the 2 comes with FWD as standard, which is a little unfortunate, but there's no doubt that it's better for regen braking. It also comes with an incredibly well-built interior and an exterior that never ceases to get looked at by intrigued passersby. It also has 270 miles of range and two free years of charging via Electrify America.

  • Price: $46,900
  • Price incl. tax credit: $39,400
  • Range: 270 miles
  • Power: 231 horsepower

Cheapest Sedan: 2022 Tesla Model 3: $44,990

Tesla Model 3

Nearly five years after its inception, the Tesla Model 3 Standard Plus is still the mainstream electric vehicle currently for sale. However, it quickly became less mainstream with Tesla's sudden price increases. Earlier last year, one could pick up a Model 3 Standard Plus for $36,990, but now the price has increased to an unprecedented $44,990. Still, the base Model 3 is the industry standard for comparisons. It's the longest range car on this list as well as the quickest and fastest, so it's certainly worth checking out.

  • Price: $44,990
  • Price incl. tax credit: $44,990
  • Range: 272 miles
  • Power: 283 horsepower

Cheapest Period: 2022 Hyundai Kona Electric: $34,000

2022 Hyundai Kona Electric Exterior Review

The Hyundai Kona Electric is Hyundai's first electric crossover, and it shares its platform with the similarly-priced Kia Niro EV. With a terrific price, a decent interior, and an industry-leading 5-year basic warranty, the Kona Electric is a great option. One drawback is its size; the Kona is relatively small for a crossover measuring in at just 165 inches. It's only one inch longer than a Bolt EV or 22 inches shorter than a Model Y.

  • Price: $34,000
  • Price incl. tax credit: $26,500
  • Range: 258 miles
  • Power: 200 horsepower

What's Next

While these options are great for the time being, the market will only proliferate more. This year, a multitude of new options will flood the market ranging from the Audi Q4 e-tron to the Nissan Ariya. It's only a matter of time before more affordable options will come, but it's these that will pave their way.


What is the cheapest EV with at least 150 miles of range?

The 2022 Nissan Leaf is not only the cheapest EV with at least 150 miles of range, but the least expensive EV on the entire market. It costs just $27,400 and can go 150 miles on a charge.

What is the cheapest EV with 200 miles of range?

The 2022 Nissan Leaf S Plus is the cheapest electric car with over 200 miles of range, narrowly undercutting the Kona Electric. The S Plus can go 226 miles on a single charge. It starts at $32,400, or $24,900 with the federal tax credit. 

What's the cheapest EV with over 250 miles of range?

Since the Chevrolet Bolt is currently out of commission, the new cheapest EV with over 250 miles of range is the 2022 Hyundai Kona Electric. It costs $34,000, or just $26,500 including the federal tax credit.

What's the cheapest EV with over 300 miles of range?

Hyundai's all-new IONIQ 5 is the cheapest 300+ mile range EV on the market yet. It can go 303 miles on a single charge and starts at $43,650, or $36,150 with the federal tax credit. 

What's the longest range EV on sale today?

The longest range EV on sale today is the Lucid Air Dream Edition R. It can go 520 miles on a single charge and offers a staggering 966 horsepower. All that comes at a price though; it starts at $169,000. 

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