Guide to 10 Affordable Electric Cars Making Waves in 2024

Feb 12, 2024 12:44 AM EST

WHITE AND ORANGE GASOLINE NOZZLE ELECTRIC CAR — (Photo : PEXELS/MIKE BIR)

As the auto industry shifts away from fossil fuels, economical electric vehicles play a crucial role. Despite a wide range of electric cars in the U.S., their prices remain higher than traditional ICE models. Finding the best EV offers with optimal value concerning miles of range becomes consumers priority.

10 Electric Cars That Won't Break the Bank

The Business Insider presents the 10 Affordable Electric Cars Making Waves in 2024. According to its report, the Mini Hard Top 2 Door tops the list.

Mini Hard Top 2-Door

Mini provides various electric models, with the most affordable being the 2-door Hardtop, averaging $30,900, as reported by Edmunds.

For the SE Hardtop, Mini currently extends leasing options. It incorporates a $9,900 EV lease credit until the conclusion of February.

Nissan Leaf

Included in the cheapest electric cars list is Nissan Leaf. Priced at $32,165, Nissan's Leaf has long been a trailblazer in the electric vehicle sector. Although its range and charging speeds may not match those of its competitors, it stands out as a cost-effective choice for budget-conscious electric car enthusiasts.

Fiat 500e

Moving on with the list of 10 Affordable Electric Cars Making Waves in 2024. Fiat 500e makes the list. T opSpeed reported Fiat 500e faced a delayed introduction to the American market.

Stellantis, the parent company of Fiat, revealed plans last year to reintroduce the Fiat 500e to the North American market by the first quarter of 2024. Despite delay, it emerges as one of the most affordable evs, albeit with compromises in daily usability. The 42 kWh battery provides a purported 162-mile range, with EPA estimates pending release.

Its price range starts at $32,500.

Hyundai Kona Electric

Fourth on the list of 10 Affordable Electric Cars Making wakes in 2024 is Hyundai Kona Electric. The starting price for this is $36,798.

Hyundai is gaining popularity among electric vehicle enthusiasts with the inclusion of the Kona and Ioniq in its lineup. These vehicles offer stylish designs and remarkable range at more affordable prices compared to luxury counterparts.

Kia Niro EV

As per Car and Driver, Kia Niro EV in terms of highs, the vehicle boasts attractive styling, appealing pricing, and a fashionable interior that adds to its overall allure.

However, there are downsides, as the driving experience may be forgettable, some competitors offer a longer range, and it tends to feel sluggish in Eco mode. In conclusion, the vehicle's captivating styling and affordable price point make it an appealing choice despite certain drawbacks.

The starting price for this electric vehicle is $ 42,275.

Toyota bZ4x

Starting price for Toyota bZ4x is $46,165. Toyota's first mainstream electric vehicle is one of this year's most budget-friendly models. It stands alone as the sole electric vehicle available at Toyota dealerships, as the company has chosen to prioritize its widely popular hybrid range.

Standing number 6^th on the list of 10 Affordable Electric Cars Making Waves in 2024, this one is another great option.

Hyundai Ioniq 6

Base model is worth $ $46,243. According to Business Insider, Hyundai's Ioniq 6, succeeding the well-received Ioniq 5, presents an even more futuristic design from the Korean automaker. Despite being more affordable than the Ioniq 5, the Ioniq 6 maintains an impressive range of 361 miles on a single full charge.

Tesla Model Y

Reduced prices on the Model Y in the previous year contributed to it becoming Tesla's top-selling model for that year. Base price is $48,490.

IBD, Investor's Business Daily reported Tesla revealed on Saturday that it has temporarily lowered the prices of two Model Y variants in the United States, with the discounted rates valid only until the end of February.

Ford Mustang Mach E

Priced at $49,195, Ford's Mustang Mach-E faced difficulties as dealers struggled to sell pricier versions last year. However, the more affordable trims of this electric SUV remain in high demand among consumers.

Hyundai Ioniq 5

Closing the list of 10 Affordable Electric Cars Making Waves in 2024 is Hyundai Ioniq 5. Base price for this is $50, 700. Business Insider reported that it has consistently favored the Hyundai Ioniq 5.

As shared on Car and Driver, highs include exciting aesthetics, rapid DC fast-charging, and an enjoyable driving experience. On the downside, it features a small frunk, a broad turning radius, and lacks wireless Apple CarPlay or Android Auto. In conclusion, the Ioniq 5 is hard to ignore, standing out as one of the premier electric vehicles currently available.

How To Choose What to Purchase

Before making a purchase for a new car, whether an EV, hybrid or gas-powered model one must always consider the budget. Not only that, buy a car not only because its affordable. Rather pick one that suits the need and definitely a reliable model.