Sign up for the Weekly Current newsletter.
Is There Really Such a Thing as a Cheap and Practical Electric Vehicle? Check Out These 9 Inexpensive EVs
New gasoline cars are getting more expensive, batteries are getting less expensive, it may be cheaper to buy an electric—here are nine inexpensive EV models that are available now.
June 15, 2021
2021 Ford Mustang MACH-EFord
According to several reputable sources, the average price for a new personal vehicle (car, pickup, or SUV) in the US is just over $40,000. Interestingly at the same time as the average price of a new car has been increasing, the costs associated with making electric vehicles (primarily the lithium-ion batteries) have been steadily decreasing. In fact, the nine least expensive EVs in the US all cost less than $45,500, and that’s before any federal, state, and local EV incentives, which could total between $7,500 and $10,000.
The thing is, unlike the “cheap” EVs of a decade ago, each of these new 2021 models has all of the amenities of any modern vehicle while also providing the kind of range between recharging that makes them perfectly practical modes of transportation. With rapidly growing public charging networks and DC fast charging capability, these EVs can also be used to long distance travel.
Here are the nine least expensive EVs available on the US market. Electrification has arrived!
Kevin Clemens is a Senior Editor with Battery Technology.
You May Also Like
Video: Focus AI's Report Unveils Future Battery BreakthroughsFeb 23, 2024|1 Min Read
Wireless Charging: Transforming Electric Bus EfficiencyFeb 22, 2024|2 Min Read
Comparing Advanced Measuring Techniques for Verifying Critical Dimensions of E-Motor Stator AssembliesFeb 22, 2024|1 Min Read
Sunwoda EVB Pursues IPO, Green InitiativesFeb 22, 2024|4 Min Read
Sep 12 - Sep 14, 2023
North America's largest advanced battery trade show and conference brings together engineers, business leaders, top companies, and innovative thinkers to discover ground-breaking products and create powerful solutions for the future.Register Now