Most Affordable Electric Cars – Global Village Space

Most Affordable Electric Cars in 2024

Electric cars have come a long way in recent years, and now there are more affordable options than ever before. In 2024, there are several electric vehicles available for under $50,000, offering a range of features, performance, and driving ranges. Whether you’re looking for a compact car or a spacious SUV, there’s an electric car to suit your needs and budget.

Nissan Leaf — $29,280

The Nissan Leaf S is the most affordable electric car on this list, starting at just under $30,000. While it may be the older model in Nissan’s lineup, it still offers a respectable range of 150 miles on a single charge. The Leaf can only be had with front-wheel drive, but it is a reliable and practical electric car for those on a budget.

Mini Cooper SE — $31,895

The Mini Cooper SE is a stylish and fun electric car that closely resembles its gas-powered counterpart. However, its limited range of 114 miles may be a drawback for those who require more versatility. Nevertheless, it is a great option for urban driving and provides a smooth and quiet ride.

Hyundai Kona Electric — $34,010

The Hyundai Kona Electric is a popular choice for those seeking an affordable electric SUV. With its recent redesign in 2024, the Kona Electric offers more space and improved features. It comes in two driveline options, both with impressive ranges of 197 and 260 miles respectively.

Fiat 500e — $34,095

The Fiat 500e returns to the U.S. market in 2024 as an all-electric vehicle. While it may have a limited range of 149 miles, it is one of the cheapest electric cars available. Its small size makes it perfect for urban driving and navigating tight spaces.

Chevrolet Equinox EV — $34,995

The Chevrolet Equinox EV is a new addition to Chevy’s electric lineup, replacing the popular Bolt. With a single-motor front-wheel drive powertrain, it offers 210 horsepower and an estimated range of 250 miles on a full charge. It is a practical and affordable option for those looking for an electric SUV.

Volvo EX30 — $36,245

Volvo’s entry-level EV, the EX30, offers luxury and affordability. It has a nice interior, plenty of features, and a single-motor variant that provides a comfortable driving experience. While the Twin Motor Performance version comes at a higher price, the base model offers great value for money.

Fisker Ocean — $38,999

The Fisker Ocean is a newcomer in the electric car market and offers an affordable option for those seeking a small crossover. With a range of 231 miles and a 0-60 mph time of 6.9 seconds, it provides a sporty and efficient driving experience.

Volkswagen ID.4 — $40,290

The Volkswagen ID.4 is a popular electric crossover that starts just over $40,000. With its spacious cabin and solid driving dynamics, it offers a comfortable and enjoyable ride. While the driving range for the 2024 model year has not been announced yet, it is expected to be around 209 miles.

Tesla Model 3 — $40,380

The Tesla Model 3 is one of the most popular electric cars on the market, and for good reason. It offers impressive performance, with rear-wheel drive and a range of 272 miles in the base model. The Dual Motor AWD model provides even more power and an extended range of 341 miles.

Kia Niro EV — $40,975

The Kia Niro EV is a great option for those looking for a small SUV with excellent efficiency. With a range of 253 miles, it offers practicality and versatility. While it does not have all-wheel drive, it provides a comfortable and smooth ride.

Hyundai Ioniq 5 — $43,175

The Hyundai Ioniq 5 is a funky and retrofuturistic crossover with impressive charging speeds. With rear-wheel drive and a range of 220 miles in the base model, it offers great value for money. Upgrading to a bigger battery can provide a range of up to 303 miles.

Hyundai Ioniq 6 — $43,600

Using the same platform as the Ioniq 5, the Hyundai Ioniq 6 is a sleek electric sedan with even more range. With a base model providing 361 miles on a charge, it offers impressive performance and efficiency. It is a great alternative to the Tesla Model 3.

Kia EV6 — $43,925

The Kia EV6 is another electric vehicle based on Hyundai Group’s E-GMP platform. With its long range and fast charging speeds, it offers a sportier driving experience compared to the Hyundai Ioniq 5. The base model comes with rear-wheel drive and a range of 232 miles.

Tesla Model Y — $43,990

The Tesla Model Y is a more affordable option compared to the larger Model X SUV. It offers similar features to the popular Model 3 sedan, with rear-wheel drive and a range of 260 miles in the base model. All-wheel drive is available for those who require more traction.

Toyota bZ4X — $44,420

Toyota’s first real electric vehicle, the bZ4X, offers good value in its front-wheel-drive versions. With an estimated range of 252 miles, it provides a practical and reliable option. All-wheel drive is available but reduces the driving range considerably.

Nissan Ariya — $44,555

The Nissan Ariya is the brand’s second electric vehicle, and it impresses with its strong specs and value. The base model provides 216 miles of range, with the option to upgrade to all-wheel drive for more range. While charging may be slower compared to its competitors, it offers a compelling interior and features.

Mustang Mach-E — $44,795

The Ford Mustang Mach-E is a crossover that lives up to its iconic name. With a range of 250 miles in the base model, it offers an entertaining and attractive driving experience. All-wheel drive is available for those who require more traction.

Subaru Solterra — $46,615

Subaru’s first electric vehicle, the Solterra, offers all-wheel drive as a standard feature. With a range of 228 miles, it is a great option for outdoor enthusiasts who value reliability and versatility.

Vinfast VF 8 ­– $47,200

Vinfast, a Vietnamese automaker, offers its cheapest electric vehicle, the VF 8, in California. While reviews have been mixed, it provides an EPA-rated range of 207 miles in the base trim.

Honda Prologue — $48,795

The Honda Prologue is the Japanese automaker’s first mass-market EV for the U.S. market. Built on GM’s Ultium platform, it offers an impressive range of 296 miles in the base trim. It provides a great alternative to the Chevy Blazer EV at a more affordable price.


In 2024, there are numerous affordable electric cars available for under $50,000. From compact cars to spacious SUVs, there’s an electric vehicle to suit every budget and lifestyle. With improving technology and increased competition, electric cars are becoming more accessible and practical for everyday drivers. Whether you’re looking for efficiency, performance, or luxury, there’s an electric car on this list that will meet your needs.

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