Cost-effective EVs: 7 Electric Vehicles Under $40,000

CHEVROLET BOLT EV 2023, ONE OF OUR TOP 7 PICKS Jump To Specifics
beginning at $25,600
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Jump To Details 2023 CHEVROLET BOLT EUV (Opens in a new window)
Jump To Details 2023 NISSAN LEAF EV (Opens in a new window)
Chevy Equinox Electric Vehicle 2024 Jump To Details (Opens in a new window)
HYUNDAI KONA ELECTRIC 2023 Jump To Specifics (Opens in a new window)
Jump To Details 2023 MINI COOPER SE (Opens in a new window)
VW ID.4 from 2023 Jump To Details (Opens in a new window)

ID.4 for Volkswagen Like most new technology, electric cars had high starting prices and were initially thought of as toys for people with automotive budgets of over $100,000. However, this is no longer the case as drivers try to conserve petrol and act to combat the global problem. There are now a number of EVs in the $30,000 to $40,000 price bracket, and more will be available by 2023.

They may not be as inexpensive as, say, a $15,580 gas-powered