Transportation Data Point (December 2021): There Are 11 EVs Available Under $50k
Posted by admin on Dec. 30, 2021 / Transportation Data Points / Subscribe 0
EVs are Affordable
Did you know that there are currently 11 fully-electric vehicles on the market that cost under $50,000 (not including federal or state incentives)? In addition to being fun and so much cleaner than cars with standard internal combustion engines, EVs can cut your fuel costs in half, and since there are no oil changes, maintenance costs are reduced as well! With a growing number of EVs entering the used car market and cars like the ones listed below, owning an EV is more affordable than ever.
The good news is that this list may be much longer in just a matter of months - SO many automakers are beginning to add more affordable options to their EV line-ups. The EVs currently available under $50k are:
- Ford Mach-E $43,995
- Kia Niro EV $39,620
- Hyundai Kona Electric $38,330
- Hyundai Ioniq Electric $34,020
- Hyundai Ioniq 5 $43,650
- Tesla Model 3 $44,990
- Chevy Bolt $37,495
- Volkswagen ID4 $41,190
- Nissan Leaf $32,525
- Mini Electric $30,750
- BMW i3 $45,445
For more information about electric vehicles currently available, you can find range, efficiency, and cost information at fueleconomy.gov
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