The most affordable electric cars in 2022 to 2023– EVs were out of the price range for many customers for so long. With a new generation of EVs hitting the market, the cost of these battery-powered cars coming down significantly, and gas prices skyrocketing, an affordable electric vehicle looks like a better long-term decision than ever.
With this becoming more clear and relevant to people buying electric cars, we have already put together a list of the best electric cars and SUVs and long-range electric cars, gas-powered, plug-in hybrid, and electric SUVs. With the best fuel economy for 2022, but what about cost, what is the most economical way to enter EV?
Here you can find all the electric cars you can currently buy new for less than $50,000.
Hyundai Ioniq 5
The Ioniq 5 is an electric vehicle that comes with sporty rear-wheel drive and a range of 220 miles. The electric car is a long-range version with a range of 303 miles, with prices starting at $45,295. These electric vehicles also qualify for a federal tax credit, and they are one of the best options for driving performance-wise in 2023 to fill the lower middle of the price bracket for EVs.
With the Subaru Solterra’s starting price of $46,220, Subaru looks at the kind of high-end you might think of as affordable for an electric vehicle, but we shouldn’t leave out the Solterra. Because it’s basically a Toyota BZ4X with a Subaru badge, but we refer to this car instead of the BZ4X, as it comes with all-wheel drive,
Another feature missing from many electric vehicles that Subaru owners will find. Subaru has a lot of federal tax credits to give while Toyota is ending. If you too want a capable driver with the all-wheel drive then this is one you can beat.
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Hyundai Kona Electric
The Hyundai Kona Electric has a starting price of $35,295, however, it offers much more range than similar competitors at a range of 258 miles. This electric car is also a great driver with 201 hp, which is moderate, but more than enough volume for its compact size. The best part is that it is eligible for a tax credit of $7,500. While many electric vehicles still force a choice between price, range, driving capability, and styling, the Hyundai Kona Electric really checks most of the boxes and can probably perform better than most people driving.
Chevy Bolt EV
The Chevy Bolt EUV no longer qualifies for the federal tax credit, But GM has also cut the price of this electric car for the 2023 model and made it a super cheap car at $29,190. The car has a driving range of 247 miles, which is slightly less than the Bolt EV because it is a bit bigger and with a smaller crossover look that is a mix between a four-door passenger hatchback and a full crossover CUV. Many people love the practicality of this vehicle.
Mini Cooper SE
The Mini Cooper SE EV is indistinguishable from a combustion engine Mini Cooper from the outside, so it would be a great option for those drivers. For those who want to go electric while keeping it low-key. It has a starting price of $35,075 but only gives a range of 110 miles, which will work for short commutes. But still, the customers have deposited. Yet if you’re looking to go all-electric with gas prices up to $6 per gallon and gas prices heating up by the day, the Cooper SE is the sporty EV you’ll find every day in a package that doesn’t. Doesn’t build up and compromise on style. It also qualifies for a tax credit for bringing the price down.
Which is the number 1 selling an electric car?
The world’s best-selling electric car is last year’s star performer, Tesla’s Tesla Model Y. This compact SUV overtook the Model 3 and the company doubled production on the Model Y in 2022. The surest sibling to the Model 3 is seriously fast.
How long do EV batteries last?
Most EV batteries have a life expectancy of 15-20 years within the car—and a second life goes beyond that. It’s also worth noting that EV battery technology is still evolving, and so as the technology develops, we expect the battery’s lifespan to increase, as well as be cheaper, smaller, and lighter.
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