Electric Cars

Cheapest Electric Cars 2021

April 9, 2021

Cheapest Electric Cars 2021

For 2021, there are more great electric cars on the market than ever before. You’ll find updated models with more luxurious trim levels offering the newest technology for drivers assist and safety. These new EVs boast increased range and faster charging capabilities than their predecessors. Plus, electric cars are cheaper to own in the long run due to better efficiency, reasonable prices for electricity compared to gasoline, and minimal maintenance.

Top 5 Cheapest Electric Cars

We’ve listed this collection of plug-in sedans and SUVs by price, from the most to the least expensive based on MSRP. All are priced under $40,000. Don’t forget that all of these cars except the Chevy Bolt are eligible for the federal tax credit of $7,500 for all-electric vehicles, making them even more affordable. To easily find the specific incentives, rebates and tax credits you qualify for, use our EV Incentive Calculator.

For more information on these electric cars and more, visit the GreenCars Marketplace powered by Driveway.

2021 Hyundai Kona EV

MSRP $37,390.

The Hyundai Kona EV is a 5-seater all-electric compact SUV with a 258-mile range. It offers plenty of tech and safety features including forward collision warning, lane keep assist, blind spot system, Apple CarPlay and Android Auto. With a 240-volt charger, you can charge the Kona’s battery to full in about 9.5 hours. DC fast charging comes standard and allows you to recharge 80 percent of the battery pack in a little less than an hour. All the versatility of an SUV with the innovation of a tech smart EV. It even has heated front seats.


2021 Chevrolet Bolt

Starting MSRP $36,500.

The quick and fun to drive Chevrolet Bolt takes you farther than ever before with a range of 259 miles. Includes in-car Wi-Fi as well as Apple CarPlay, Android Auto and brake assist. With a 240-volt charger, you can top off the Bolt’s battery to full in about 10 hours. DC fast charging is a $750 option that lets you add 100 miles of range in just 30 minutes. The Bolt received the NHTSA’s five-star rating for both overall vehicle score and safety. Plus, even without the federal tax credit, Chevy is offering special incentives to save you $9,133 below MSRP.


2020 Hyundai Ioniq Electric

Starting MSRP $33,045.

The Hyundai Ioniq EV is a 5-seater hatchback that gives you great value, user-friendly tech and a 170-mile range. You can charge it to full in about six hours on a 240-volt charger. A big, roomy interior includes a 10.25-inch touchscreen. Safety tech offers adaptive cruise control, forward collision warning, lane keep assist, and blind spot system. You’ll also find standard front heated seats, Android Auto, Apple Car Play, Bluetooth and HD Radio.


2021 Nissan Leaf

Starting MSRP $31,620.

The Nissan Leaf offers great value at a great price in a 5-seater sedan. In fact, it is the best-selling EV of all time with over 400,000 units delivered globally. The second-generation Leaf comes in two trim levels with a 149 mile range for the Standard Leaf and a 226 mile range in the Leaf Plus. Includes NissanConnect EV Navigation, lane keep assist, blind spot system, brake assist, Bluetooth and backup camera. The more powerful Leaf Plus has an MSRP of $38,200.


2021 MINI Cooper SE Hardtop

Starting MSRP $29,900.

The MINI Cooper Hardtop is a subcompact electric hatchback that offers an exhilarating driving experience, British charm, and many upmarket features for a very affordable price. While it is the cheapest all-electric car in the market today, the range between charges is only 110 miles. However, you can charge the MINI in just four hours with a 240-volt charger. Includes a 6.5-inch display screen, navigation, adaptive cruise control, brake assist, forward collision warning, an Infotainment system and Bluetooth. Synthetic leather and heated seats come standard.