10 New EVs For People On A Limited Budget

With the meteoric rise in the popularity of electric vehicles, one common barrier to purchasing an electric SUV has been the hefty price tags and limited features. The importance of an affordable electric SUV with all the necessary features becomes apparent at this point. This makes electric vehicles more accessible to a wider range of consumers.



Offering affordable options with the necessary features as standard ensures that drivers can fully enjoy the benefits of driving an electric SUV. These features coming standard ensure drivers on a limited budget enjoy an enhanced driving experience, making the transition to electric vehicles more seamless and enjoyable. With the continuous innovation in the EV market, buyers can get luxury features with high performances causing increased competition among manufacturers.

This will further lead to more innovation and advancements in technology, and ultimately drive down costs for consumers across the board. Most budget electric SUVs come with regenerative braking, spacious interiors, touchscreen infotainment systems, and fast charging capabilities. These ensure a convenient and enjoyable driving experience in an affordable and accessible electric mobility package. At a budget of under $50,000, a few of the vehicles on this list have features like a heated steering wheel, a heat pump, and a range of over 200 miles.

Information has been sourced from official automakers’ websites as well as other credible publications like the EPA and Edmunds.

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1 Chevrolet Bolt EV

Price Range – $27,495 – $30,695

2022 Chevrolet Bolt EV

The Chevrolet Bolt EV is equipped with a total driving range of 259 miles, and a 200 horsepower and 266 pound-feet of torque electric motor that enables a 0-60 mph acceleration time of 6.5 seconds. It comes in two trims: the 1LT which starts at $27,495 and the 2LT which starts at $30,695.

Chevrolet Bolt EV Pricing Structure

Bolt EV 1LT


Bolt EV 2LT


(Prices sourced from Chevrolet)

The 1LT trim comes fitted standard with features such as a 10.2-inch infotainment screen with Apple CarPlay, Android Auto, and a rearview camera. For the additional premium, the 2LT package provides premium features like the Bose premium seven-speaker system, an upgrade from the six-speaker system in the 1LT, wireless device charging, and perforated leather-appointed seats.

2 Nissan Leaf

Price Range – $28,140 – $36,190

2023 Nissan Leaf

The Nissan Leaf offers two trims starting with the S trim. The base S trim starts at $28,140, and it comes with a 147-horsepower electric motor, and a 40-kWh battery pack, and offers a range of 149 miles. It also comes equipped with cruise control and a rearview monitor, for adequate comfort while driving. The SV Plus trim takes it a step further.

Nissan Leaf Pricing Structure

Leaf S


Leaf SV Plus


(Prices sourced from Nissan)

It starts at $36,190 and offers a bigger 214-horsepower electric motor, a 60-kWh battery pack, and a range of 212 miles on a single charge. It also offers ProPILOT Assist, a step up from the S’s cruise control, an Intelligent Around View Monitor, a hybrid heater system to further improve the range in colder weather, and an auto-dimming rearview mirror.

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3 Chevrolet Bolt EUV

Price Range – $28,795 – $33,790

Chevrolet Bolt EUV driving

The Chevrolet Bolt EUV comes in four trims. All trims come with a 200-horsepower and 266-pound-feet of torque electric motor that can do a 0-60 mph acceleration in 7.0 seconds and a range of 247 miles on a full charge. The base LT trim starts at $28,795 with a 10.2-inch diagonal infotainment screen.

Chevrolet Bolt EUV Pricing Structure



Bolt EUV LT Redline


Bolt EUV Premier


Bolt EUV Premier Redline


(Prices sourced from Chevrolet)

The LT Redline edition starts at $29,290 with sporty accents like gloss black painted aluminum wheels, red accents, and black and red Bolt EUV badges. The Premier trim starts at $33,295, offering Chevrolet’s Infotainment 3 Plus system with the Sun and Sound Package, a Bose premium seven-speaker system with a subwoofer, and a power, dual-pane, panoramic sunroof. The Premier Redline edition starts at $33,790, with a jet black, perforated leather-appointed seat.

4 Mini Cooper Electric

Starting Price – $30,900

Gray MINI Cooper SE Electric Charging

Priced at $30,900, the Mini Cooper SE offers a single electric motor producing 181 horsepower and 199 pound-feet of torque, that propels it to accelerate from zero to 60 mph in just 6.9 seconds. It also comes equipped with a battery pack that provides a range of 114 miles on a full charge at an EPA-estimated efficiency of 110 MPGe.

Mini Cooper SE Pricing Structure

(Prices sourced from Mini)

The interior is fitted with a 5.5-inch digital gauge cluster, dual-zone climate control, and a heated steering wheel improving comfort and convenience inside the cabin. It has a unique heat pump design that enhances efficiency and performance in varying weather conditions. The 8.8-inch central touchscreen serves as the command center for entertainment, navigation, and connectivity.

RELATED: 10 Most Affordable Electric SUVs In 2023

5 Hyundai Kona Electric

Price Range – $33,550 – $41,550

2024 Hyundai Kona Electric on a dirt road

The Hyundai Kona Electric comes in three trims. They are powered by a battery pack that runs for 258 miles, powering a 201-horsepower electric motor. The base SE trim starts at $33,550 and it includes an eight-inch color touchscreen. The higher SEL trim is priced at $37,300, and it offers a larger 10.25-inch touchscreen.

Hyundai Kona Electric Pricing Structure

Kona Electric SE


Kona Electric SEL


Kona Electric Limited


(Prices sourced from Hyundai)

There are also additional features like a power sunroof and wireless device charging. At the top of the range is the Limited trim which starts at $41,550 and offers premium features like a Harman Kardon premium audio system, for exceptional sound quality. It’s also fitted with advanced features like smart cruise control with stop-and-go functionality, a heated steering wheel, and leather-trimmed seats for optimal safety, comfort, and style.

6 Mazda MX-30

Price Range – $34,110 – $37,120

2022 Mazda MX-30

The Mazda MX-30 is available in two trims. The base trim starts at $34,110, while the Premium Plus trim is priced at $37,120. On both trims, a single electric motor produces a modest power output of 143 horsepower and 200 pound-feet of torque and is powered by a modest 35.5 kWh battery pack, that offers an EPA-estimated range of 100 miles on a full charge.

Mazda MX-30 Pricing Structure

MX-30 Base trim


MX-30 Premium Plus


(Prices sourced from Edmunds)

It was rated by the EPA to have an efficiency rating of 92 MPGe combined. The MX-30 has an exterior design that makes it stand out from the crowd. It has suicide-style rear doors and an overall bold exterior styling. The cabin is modern and upscale, and features high-quality materials and a user-friendly infotainment system.

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7 Volkswagen ID.4

Price Range – $38,995 – $55,245

Volkswagen ID.4 action front 3/4 shot

The ID.4 Standard has a starting price tag of $38,995 and a range of 209 miles on a full charge. The ID.4 Pro starts at $43,995, and the range extends to 275 miles. The ID.4 AWD Pro offers a hit of 20 miles of range due to the all-wheel drive and costs $47,795.

Volkswagen ID.4 Pricing Structure

ID.4 Standard


ID.4 Pro


ID.4 AWD Pro


ID.4 S


ID.4 Pro S


ID.4 AWD Pro S


ID.4 Pro S Plus


ID.4 Pro S Plus AWD


(Prices sourced from Volkswagen)

The ID.4 S includes 12-way power-adjustable seats with massage lumbar and position memory at $43,995. The ID.4 Pro S upgrades to 20-inch alloy wheels at $48,995, while the AWD Pro S features perforated V-tex leatherette seating surfaces at $52,795. The ID.4 Pro S Plus and AWD Pro S Plus start at $51,445 and $55,245 respectively, offering a three-zone automatic climate control system, silver roof rails, and other premium accents.

8 Kia Niro EV

Price Range – $39,600 – $44,600

A driving 2023 Kia Niro EV

The Kia Niro EV offers two distinct trim levels. It is fitted with a powerful 201-horsepower electric motor that delivers 188 pound-feet of torque. The first is the Wind trim, and at $39,600, it offers a wireless phone charger, heated front seats, a 10.25-inch digital instrument display, and a 10.25-inch touchscreen display.

Kia Niro EV Pricing Structure

Niro EV Wind


Niro EV Wave


(Prices sourced from Kia)

The Wave trim starts at $44,600. Together with the features on the Wind trim, the Wave adds a sunroof, a Harman Kardon premium audio system, a heated steering wheel, front parking sensors, driver’s seat memory, a heat pump for improved energy efficiency, a battery heater, a heads-up display, and heated rear seats which adds improved comfort, convenience, and a little extra style.

RELATED: Here’s When EVs Will Be As Affordable As Gas-Powered Cars

9 Kia EV6

Price Range – $42,600 – $61,600

Kia EV6 driving

The Kia EV6 trims start with the Light RWD trim at $42,600. It features a 232-mile 58-kWh battery. The Light Long Range RWD costs $45,950 and has the larger 310-mile 77.4-kWh battery, with 225 horsepower and 258 pound-feet of torque. The Light Long Range AWD trim at $49,850 offers 320 horsepower and 446 pound-feet of torque, and does 0-60 mph in 5.1 seconds.

Kia EV6 Pricing Structure

EV6 Light RWD


EV6 Light Long Range RWD


EV6 Light Long Range AWD


EV6 Wind RWD


EV6 Wind AWD








(Prices sourced from Kia)

The Wind RWD trim at $48,700 adds an onboard generator, while the Wind AWD at $52,600 includes a heated steering wheel. The GT-Line RWD at $52,900 adds the GT-Line styling and a power sunroof, and the GT-Line AWD at $57,600 includes a heat pump. The range-topping GT AWD at $61,600 with 576 horsepower and 545 pound-feet of torque, and 0-60 mph in 3.4 seconds.

10 Ford Mustang Mach-E

Price Range – $42,995 – $59,995

2023 Ford Mustang Mach-E GT Performance Edition

The Ford Mustang Mach-E has a range of four trims, starting with the Select trim at $42,995. It runs on a well-rounded option with a 72-kWh battery pack that produces an estimated range of 250 miles and powers a 266-horsepower electric motor. The Premium trim starts at $46,995 with additional features like a Panoramic Fixed-Glass Roof and a Sound System by Bang and Olufsen.

Ford Mustang Mach-E Pricing Structure

Mach-E Select


Mach-E Premium


Mach-E California Route 1


Mach-E GT


(Prices sourced from Ford)

The California Route 1 trim offers an extended range of 312 miles from a 91-kWh battery pack, accompanied by 346 horsepower from a dual-motor setup. The high-performance GT trim, priced at $59,995, has an improved 480 horsepower and 0-60 mph time of just 3.7 seconds.

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