Going electric isn’t as expensive as you may think
With the increasing shift toward electric vehicles (EVs), many consumers are looking for affordable options that won’t drain their wallets. While EVs still generally cost more than their gasoline-powered counterparts, there are several models that provide great value. Whether you need an efficient commuter car, a second vehicle, or just want to try out an EV without a massive financial commitment, this list of the cheapest electric vehicles in 2025 will help you make an informed decision.
Nissan Leaf
2025 Nissan LEAF
Nissan
- Starting Price: $29,280
- EPA-Estimated Range: 149-212 miles
The Nissan Leaf has been a staple in the EV market since its debut in 2011 and remains one of the most affordable EVs available. The base Leaf S comes with a 40-kWh battery and a modest 147-hp electric motor, while the Leaf SV Plus boasts a 60-kWh battery for a range of up to 212 miles. Though it no longer qualifies for federal tax credits, the Leaf remains a strong contender for those seeking an affordable entry into EV ownership.
Hyundai Kona Electric
2025 Hyundai Kona EV
Hyundai
- Starting Price: $34,325
- EPA-Estimated Range: 200-261 miles
Redesigned for 2024, the Hyundai Kona Electric offers a stylish, compact SUV option for budget-conscious EV buyers. The base SE trim includes a 48.6-kWh battery with a 133-hp motor, while higher trims feature a 64.8-kWh battery for an extended range of up to 261 miles. Hyundai has also expanded availability beyond ZEV states, making it a great option nationwide.
Chevrolet Equinox EV
2024 Chevy Equinox EV
Chevy
- Starting Price: $34,995
- EPA-Estimated Range: 307-319 miles
For those seeking value without sacrificing range, the Chevrolet Equinox EV is an excellent choice. Its base front-wheel-drive model offers a range of 319 miles, which is one of the highest in its class. With DC fast-charging capabilities adding 77 miles in just 10 minutes and a tech-packed interior featuring a 17.7-inch touchscreen, the Equinox EV delivers exceptional bang for your buck.
Toyota bZ4X
2025 Toyota bZ4X
Toyota
- Starting Price: $38,465
- EPA-Estimated Range: 228-252 miles
Toyota’s bZ4X offers a choice between front-wheel and all-wheel-drive configurations and a range of up to 252 miles. While its charging speed is slower than some competitors, the comfortable ride and Toyota’s reputation for reliability make it a strong contender in the affordable EV segment.
Ford Mustang Mach-E
2025 Ford Mustang Mach-E
Ford
- Starting Price: $38,490
- EPA-Estimated Range: 250-320 miles
The Ford Mustang Mach-E delivers sporty styling with a balance of performance and affordability. The base Select trim features a 264-hp motor and an estimated 260-mile range. With the addition of a more efficient heat pump and the latest version of Ford’s BlueCruise hands-free driving system, the 2025 model offers excellent value.
Hyundai Ioniq 6
Hyundai Ioniq 6
Hyundai
- Starting Price: $38,945
- EPA-Estimated Range: 240-342 miles
The futuristic Hyundai Ioniq 6 combines efficiency and affordability, with its base SE Standard Range trim offering 240 miles of range. Built on an 800-volt battery system, it can charge from 10% to 80% in just 18 minutes on a 350-kW charger. It also comes packed with tech features, including adaptive cruise control and a heated power-adjustable driver’s seat.
Subaru Solterra
2024 Subaru Solterra
Subaru
- Starting Price: $39,915
- EPA-Estimated Range: 222-227 miles
Subaru’s all-electric SUV, the Solterra, received a significant price cut for 2025. Unlike its Toyota bZ4X twin, the Solterra comes standard with dual-motor all-wheel drive, making it a great option for those needing extra traction. The base model provides 227 miles of range and can charge from 10%-80% in about 35 minutes on a DC fast charger.
Kia Niro EV
2024 Kia Niro
Kia
- Starting Price: $40,995
- EPA-Estimated Range: 253 miles
The Kia Niro EV is a practical and efficient electric hatchback with a 201-hp motor, a 64.8-kWh battery, and a solid 253-mile range. The base Wind trim is the most affordable option, while the higher-end Wave trim adds extra features at a premium.
Nissan Ariya
2024 Nissan Ariya
Nissan
- Starting Price: $41,160
- EPA-Estimated Range: 205-289 miles
The Nissan Ariya is a compact SUV that balances range and features well. The base Engage FWD trim offers 216 miles of range, while the Evolve+ FWD trim extends that to 289 miles with an 87-kWh battery. Recent price cuts make it a strong value choice for 2025.
Tesla Model 3
Tesla Model 3
Tesla
- Starting Price: $43,880
- EPA-Estimated Range: 346-363 miles
Tesla’s Model 3 remains one of the best-selling EVs, and its 2024 refresh includes a sleeker design and a more minimalistic interior. The base Long Range Rear-Wheel Drive variant offers an impressive 363 miles of range, making it the longest-range EV on this list.
Hyundai Ioniq 5
2025 Hyundai Ioniq 5 N
Hyundai
- Starting Price: $43,975
- EPA-Estimated Range: 221-318 miles
The Hyundai Ioniq 5 delivers a retro-futuristic design with strong performance and value. The base SE Standard Range trim provides 245 miles of range, while the higher trims feature vehicle-to-load capabilities and 350-kW DC fast-charging support. The 2025 model refresh also includes a new off-road XRT trim and an improved battery pack.
Final Thoughts
Choosing an EV in 2025 doesn’t have to mean spending a fortune. Whether you’re looking for a compact commuter car, a practical SUV, or a long-range sedan, there are plenty of affordable electric vehicle options to fit various needs and budgets. With federal tax credits and state incentives, the final price may be even lower than listed. As battery technology improves and more automakers enter the market, the cost of EVs will likely continue to drop, making them even more accessible for all drivers.
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