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5 Cheapest electric vehicles you can buy

Oct 9

The electric car has become synonymous with expensive vehicles. This has some merit. The cost of battery technology is high. Electric cars, which are not built on the 100-year history of combustion engine design, require more research and development. An electric car will be more expensive than a combustion engine counterpart. However, that's only part of the story.

Americans pay an average price of $47,000 to buy a new car. You can also buy multiple electric vehicles at a fraction of the price. They may not all offer comparable ICE vehicles with the same range and amenities. They all allow you not to pay outrageously high prices at the pump.

These are the Cheapest Electric Cars That You Can Buy in 2022

2022 Nissan Leaf Nissan

In 2010, the Nissan Leaf was the first mass-market EV released. The Nissan Leaf was the first mass-market electric vehicle to hit the market in 2010. You can now get a Leaf with twice the horsepower and three times the range as the original.

Start MSRP: $27,000

EPA Range Up to 226 Miles

Federal Tax Credit: Yes -- $7,500

2022 Chevrolet Bolt EV Chevrolet

Chevy describes the Bolt subcompact hatchback to be "electric for everybody." The Bolt subcompact hatchback offers the features buyers desire at a price most can afford, even without the federal tax credit. The 2022 update features a new exterior design, standard features, and a more affordable price.

Starting MSRP$31,000.

EPA Range259 Miles

Federal Tax Credit: No

2022 Chevrolet Bolt EUV Chevrolet

Do you like the Bolt but are not sure it has enough space? The all-new Bolt EUV is here. The Bolt EUV is six inches longer than its predecessor and has more leg room. It has a more SUV-like appearance. It'sIt's more expensive and has a smaller range, but it is also more SUV-like. Bolt EUV was the first Chevy vehicle to get Super Cruise hands-free.

MSRP Starting at$33,000.

EPA Range247 Miles

Federal Tax Credit: No

Mazda MX-30 2022 Will Sabel Courtney

Mazda will not explicitly refer to the MX-30 as a compliance vehicle to comply with CARB requirements. California is the only state that allows you to buy one. The MX-30, like other Mazda'sMazda, is very responsive to driving and offers a great interior. It'sIt's also lacking in zoom and has a minimum range of 100 miles.

MSRP Starting at$33.470

EPA Range100 Miles

Federal Tax Credit: Yes -- $7,500

2022 Hyundai Kona Electric Hyundai

The Kona Electric, a battery-electric variant of the Hyundai Kona compact crossover, is the Kona Electric. The Kona Electric was a favorite among reviewers when it first came out. It has excellent balance and almost 300 lb-ft torque. Most buyers will upgrade to the newer generation of sleek, powerful, and spacious EVs, such as the Ioniq 5.

Start MSRP:$34,000

EPA Range258 Miles

Federal Tax Credit: Yes -- $7,500

2022 Mini Electric Mini USA

Mini Electric, also known as the Mini Cooper SE, is a third-generation Mini Hardtop battery-electric variant. It draws some components from the BMW i3. It is the same brand-name design. Its range is limited to a city car and likely a warm-weather one.

Starting MSRP$34.225

EPA Range110 Miles

Federal Tax Credit: Yes -- $7,500

2022 Ford F-150 Lightning Ford

The F-150 Lightning, a battery-electric version of Ford'sFord's iconic F-150 pickup truck, is available. At least nominally, the base Pro version starts at under $40,000. The interior amenities are fundamental. The Standard Range battery pack is limited to 230 miles. It still includes dual-motor AWD and a 12-inch touchscreen. Ford'sFord's Pro Power On Board is also included.

MSRP Starting at$39.947

EPA Range up to 320 miles

Federal Tax Credit: Yes -- $7,500

2022 Hyundai Ioniq 5 DREW PHILLIPS

The Hyundai Ioniq 5 was released by Hyundai. It is stunning to look at, easy to drive, and spacious. It won World Car Design, World Electric Car, and World Car Design of the Year awards. The SE Standard Range base model is priced below $40,000 and boasts 168 horsepower and a 220-mile range. Buyers will need to pay $4,000 more to upgrade to the SE trim, which has 225 horsepower and a 303-mile range.

MSRP Starting at$39,000.

EPA Range up to 303 miles

Federal Tax Credit: Yes -- $7,500

2022 Kia Niro EV Kia

The Kia Niro Electric is the electric version of Kia'sKia's Niro compact crossover. It shares the same powertrain components as the Hyundai Kona electric. The Niro is larger and has more passenger and cargo space than the Kona. It also has a 20-mile shorter range. Kia has an updated Niro EV for the model year 2023.

MSRP Starting at$39,000.

EPA Range239 Miles

Federal Tax Credit: Yes -- $7,500

2022 Kia Electric Vehicle Kia

The EV6 is a sport crossover, according to Kia. Technically, it's a wagon. The EV6 is a great car, regardless of genre. It was a clear choice for our Best Cars you Can Buy in the 2022 list. The base model Light RWD EV6 shares parts with the Ioniq 5, which has a 168 hp motor with 232 miles of range.

MSRP Starting at$40,000.

EPA Range up to 310 mi

Federal Tax Credit: Yes -- $7,500

2022 Volkswagen ID.4 Volkswagen

Other manufacturers also looked toward the future when they introduced their first EVs. The VW ID.4 crossover is a more conventional design. It looks like an electric VW crossover. Although the ID.4 isn't  the most flashy EV, it handles well and has 64 cubic feet of cargo room. The base model has 275 miles range and is the longest-range model.

MSRP Starting at$41.230

Range of EPA: up to 275 miles

Federal Tax Credit: Yes -- $7,500