10 new electric cars for people on a budget

With the huge rise in popularity of electric vehicles, one of the common barriers to purchasing an electric SUV has been the high prices and limited features. The importance of an affordable electric SUV with all the necessary features has become clear at this point. This makes electric cars accessible to a wide range of consumers.
Offering affordable options with necessary features as standard ensures that drivers can fully enjoy the benefits of driving an electric SUV. These features that come as standard ensure that drivers on a limited budget can enjoy an enhanced driving experience, making the transition to electric vehicles smoother and more enjoyable. With continuous innovation in the electric vehicle market, buyers can obtain luxury features with high performance, leading to increased competition between manufacturers.
This will lead to greater innovation and advancement in technology, and ultimately lower costs for consumers across the board. Most budget electric SUVs come with regenerative braking, spacious interiors, touchscreen infotainment systems, and fast charging capabilities. This ensures a comfortable and enjoyable driving experience in an affordable and accessible electric mobility package. With a budget of under $50,000, some of the vehicles on this list have features like a heated steering wheel, a heat pump, and a range of more than 200 miles.
Information was obtained from the official websites of automakers as well as other reliable publications such as the Environmental Protection Agency (EPA) and Edmunds.
1 Chevrolet Bolt EV
Price Range – $27,495 – $30,695
The Chevrolet Bolt EV is equipped with a total driving range of 259 miles, and an electric motor with 200 horsepower and 266 pound-feet of torque, enabling 0-60 mph acceleration in 6.5 seconds. It comes in two versions: 1LT starting at $27,495 and 2LT starting at $30,695.
Chevrolet Bolt EV Pricing Structure
Shop EV 1LT |
$27,495 |
Store EV 2LT |
$30,695 |
(Prices sourced from Chevrolet)
The 1LT model comes standard with features like a 10.2-inch infotainment screen with Apple CarPlay and Android Auto and a rearview camera. For an extra premium, the 2LT package brings premium features like a premium seven-speaker Bose system, an upgrade from the 1LT’s six-speaker system, wireless device charging, and perforated leather seats.
2 Nissan leaf
Price Range – $28,140 – $36,190
The Nissan Leaf offers two models starting with the S. The base S model starts at $28,140, comes with a 147-hp electric motor, a 40-kilowatt-hour battery pack, and offers a range of up to 149 miles. It is also equipped with cruise control and a rear-view screen to provide adequate comfort while driving. The SV Plus model takes it a step further.
Nissan Leaf pricing structure
paper s |
$28,140 |
Leaf SV Plus |
$36,190 |
(Prices sourced from Nissan)
It starts at $36,190 and offers a larger 214-horsepower electric motor, a 60-kilowatt-hour battery pack, and a range of up to 212 miles on a single charge. It also offers ProPILOT Assist, a step up from the S’s cruise control, a smart around-the-clock display, a hybrid heating system for improved range in cold weather, and an auto-dimming rearview mirror.
3 Chevrolet Bolt EUV
Price Range – $28,795 – $33,790
The Chevrolet Bolt EUV comes in four models. All models come with a 200-hp, 266-pound-feet electric motor that can accelerate from 0 to 60 mph in 7.0 seconds and range up to 247 miles on a full charge. The base LT model starts at $28,795 with a 10.2-inch infotainment screen.
Chevrolet Bolt EUV Pricing Structure
Bolt EUV LT |
$28,795 |
Bolt EUV LT Redline |
$29,290 |
Bolt EUV Premier |
$33,295 |
Bolt EUV Premier Redline |
$33,790 |
(Prices sourced from Chevrolet)
The LT Redline Edition starts at $29,290 with sporty touches like gloss black painted aluminum wheels, red accents, and black and red Bolt EUV badging. The Premier trim starts at $33,295 and offers Chevrolet’s 3 Plus infotainment system with Sun and Sound package, a Bose premium seven-speaker system with subwoofer, and a dual-pane panoramic sunroof. The Premier Redline Edition starts at $33,790, with a black seat and perforated leather trim.
4 Mini Cooper Electric
Starting price – $30,900
Priced at $30,900, the Mini Cooper SE offers a single electric motor that produces 181 horsepower and 199 pound-feet of torque, propelling it from zero to 60 mph in just 6.9 seconds. It also comes with a battery pack that offers a range of up to 114 miles on a full charge with an EPA-estimated efficiency of 110 mpg.
Mini Cooper SE pricing structure
(Prices sourced from Mini)
The interior is equipped with a 5.5-inch digital gauge cluster, dual-zone climate control, and a heated steering wheel that improve comfort and convenience inside the cabin. It features a unique heat pump design that enhances efficiency and performance in different weather conditions. An 8.8-inch central touchscreen serves as a command center for entertainment, navigation and connectivity.
5 Hyundai Kona Electric
Price Range – $33,550 – $41,550
The Hyundai Kona Electric comes in three models. It’s powered by a battery pack that has a range of 258 miles, and is powered by a 201-hp electric motor. The base SE model starts at $33,550 and includes an 8-inch color touchscreen. The top SEL model is priced at $37,300 and offers a larger 10.25-inch touchscreen.
Hyundai Kona Electric pricing structure
Kona Electric SE |
$33,550 |
Kona Electric SEL |
$37,300 |
KONA ELECTRICAL LIMITED |
$41,550 |
(Prices sourced from Hyundai)
There are also additional features such as a power sunroof and wireless device charging. At the top of the range is the Limited model, which starts at $41,550 and offers premium features like a Harman Kardon premium sound system for exceptional sound quality. It is also equipped with advanced features such as smart cruise control with stop and go function, heated steering wheel, and leather-trimmed seats for ultimate safety, comfort and style.
6 Mazda MX-30
Price Range – $34,110 – $37,120
Mazda MX-30 is available in two versions. The base model starts at $34,110, while the Premium Plus model is priced at $37,120. In both models, a single electric motor produces a modest 143 horsepower and 200 pound-feet of torque and is powered by a modest 35.5-kilowatt-hour battery pack, which provides an EPA-estimated range of 100 miles on a full charge.
Mazda MX-30 Pricing Structure
MX-30 base trim |
$34,110 |
MX-30 Premium Plus |
$37,120 |
(Prices sourced from Edmunds)
It is rated by the EPA for an efficiency rating of 92 mpg combined. The MX-30 has an exterior design that makes it stand out from the crowd. It features bomber-style rear doors and an overall bold exterior design. The cabin is modern and upscale, featuring high-quality materials and an easy-to-use infotainment system.
7 Volkswagen ID.4
Price Range – $38,995 – $55,245
The ID.4 Standard starts at $38,995 and ranges up to 209 miles on a full charge. The ID.4 Pro starts at $43,995 and has a range of 275 miles. The ID.4 AWD Pro offers up to 20 miles of range due to all-wheel drive and costs $47,795.
Volkswagen ID pricing structure.4
ID.4 Standard |
$38,995 |
ID.4 Pro |
$43,995 |
ID.4 AWD Pro |
$47,795 |
ID.4 x |
$43,995 |
ID.4 Pro S |
$48,995 |
ID.4 AWD Pro S |
$52,795 |
ID.4 Pro S Plus |
$51,445 |
ID.4 Pro S Plus AWD |
$52,245 |
(Prices sourced from Volkswagen)
The ID.4 S includes 12-way power-adjustable seats with lumbar massage and position memory and is priced at $43,995. The ID.4 Pro S upgrades to 20-inch alloy wheels at $48,995, while the AWD Pro S features V-tex perforated leather seating surfaces at $52,795. The ID.4 Pro S Plus and AWD Pro S Plus start at $51,445 and $55,245, respectively, and offer tri-zone automatic climate control, silver roof rails, and other premium touches.
8 Kia Niro EV
Price range – $39,600 – $44,600
The Kia Niro EV offers two distinct trim levels. It is equipped with a powerful 201-horsepower electric motor that delivers 188 pound-feet of torque. The first is the Wind model, which, priced at $39,600, offers a wireless phone charger, heated front seats, a 10.25-inch digital display, and a 10.25-inch touchscreen.
Kia Niro EV pricing structure
Nero EV Wind |
$39,600 |
Nero Wave EV |
$44,600 |
(Prices sourced from Kia)
The Wave starts at $44,600. Along with the features found on the Wind model, the Wave adds a sunroof, Harman Kardon premium sound system, a heated steering wheel, front parking sensors, driver seat memory, a heat pump for improved energy efficiency, a battery heater, a heads-up display and heated rear seats, adding more comfort, convenience and less. Of elegance.
9 Let’s EV6
Price Range – $42,600 – $61,600
Kia EV6 models start with the Light RWD model at $42,600. It features a 232 mile 58 kWh battery life. The Light Long Range RWD costs $45,950 and has a larger battery with a 310-mile range of 77.4 kWh, 225 horsepower and 258 pound-feet of torque. The $49,850 Light Long Range AWD model delivers 320 horsepower and 446 pound-feet of torque, and accelerates from 0 to 60 mph in 5.1 seconds.
Kia EV6 pricing structure
EV6 light rear wheel drive |
$42,600 |
EV6 Long Range Light Rear Wheel Drive |
$45,950 |
EV6 Long Range Light All-Wheel Drive |
$49,850 |
EV6 wind rear wheel drive |
$48,700 |
EV6 all-wheel drive |
$52,600 |
EV6 GT Line rear wheel drive |
$52,900 |
EV6 GT-Line all-wheel drive |
$57,600 |
EV6 GT all-wheel drive |
$61,600 |
(Prices sourced from Kia)
The $48,700 Wind RWD model adds a generator, while the $52,600 Wind AWD model includes a heated steering wheel. The $52,900 GT-Line RWD model adds GT-Line trim and a power sunroof, while the $57,600 GT-Line AWD model includes a heat pump. The range-topping GT AWD is priced at $61,600 and has 576 horsepower and 545 pound-feet of torque, and accelerates from 0 to 60 mph in 3.4 seconds.
10 Ford Mustang Mach E
Price Range – $42,995 – $59,995
The Ford Mustang Mach-E has a lineup of four models, starting with the Select model at $42,995. It’s a well-rounded option with a 72-kilowatt-hour battery pack that produces an estimated range of 250 miles and is powered by a 266-hp electric motor. The Premium model starts at $46,995 with additional features such as a fixed glass panoramic roof and a Bang and Olufsen sound system.
Ford Mustang Mach-E pricing structure
Mach-E Select |
$42,995 |
Mach E Premium |
$46,995 |
Mach E California Route 1 |
$56,995 |
Mach EGT |
$59,995 |
(Prices sourced from Ford)
The California Route 1 model offers an extended range of up to 312 miles from a 91-kilowatt-hour battery pack, accompanied by 346 horsepower from a dual-motor setup. The high-performance GT, priced at $59,995, has 480 horsepower and a 0-60 mph time of just 3.7 seconds.