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Cheapest Electric SUVs of 2023

Electric cars may be the future, but many have been hesitant to embrace this inevitability due to the higher initial asking price of EVs. There are more and more models to choose from as automakers pick up the technology and refine it, and this includes brands that focus on giving you exceptional value for money. If you are looking for the cheapest electric SUV, these are the names you’ll want to focus on.

This is a list of the cheap electric SUVs of 2023 for sale in the USA:

See Also:

15 models
BuzzScore
Design
Performance
MPG
Interior
Infotainment
Reliability
Safety
Value
#1
2023 Kia EV6
#1
Kia EV6
$42,600 - $57,600
Price (MSRP)
134/101 mpg
City/Hwy
225 hp
Horsepower
9.5
9.5
BuzzScore
9
Design
9
Performance
10
MPG
9
Interior
10
Infotainment
9
Reliability
10
Safety
10
Value
#2
2023 Ford Mustang Mach-E
#2
Ford Mustang Mach-E
$42,995 - $59,995
Price (MSRP)
110/96 mpg
City/Hwy
266 hp
Horsepower
9.1
9.1
BuzzScore
8
Design
9
Performance
10
MPG
9
Interior
9
Infotainment
9
Reliability
10
Safety
9
Value
#3
2023 Volkswagen ID.4
#3
Volkswagen ID.4
$38,995 - $55,495
Price (MSRP)
115/99 mpg
City/Hwy
145 hp
Horsepower
8.9
8.9
BuzzScore
8
Design
8
Performance
10
MPG
9
Interior
9
Infotainment
8
Reliability
9
Safety
10
Value
#4
2023 Hyundai Ioniq 5
#4
Hyundai Ioniq 5
$41,450 - $56,500
Price (MSRP)
127/94 mpg
City/Hwy
168 hp
Horsepower
8.8
8.8
BuzzScore
10
Design
8
Performance
8
MPG
8
Interior
9
Infotainment
9
Reliability
9
Safety
9
Value
#5
2023 Chevrolet Bolt EUV
#5
Chevrolet Bolt EUV
$27,800 - $32,300
Price (MSRP)
125/104 mpg
City/Hwy
200 hp
Horsepower
8.6
8.6
BuzzScore
7
Design
9
Performance
8
MPG
8
Interior
9
Infotainment
9
Reliability
9
Safety
10
Value
#6
2023 Toyota bZ4X
#6
Toyota bZ4X
$42,000 - $48,780
Price (MSRP)
TBC
City/Hwy
201 hp
Horsepower
8.3
8.3
BuzzScore
8
Design
7
Performance
7
MPG
8
Interior
10
Infotainment
10
Reliability
9
Safety
7
Value
#7
2023 Nissan Ariya
#7
Nissan Ariya
$43,190 - $60,190
Price (MSRP)
109/94 mpg
City/Hwy
214 hp
Horsepower
8.3
8.3
BuzzScore
9
Design
8
Performance
8
MPG
8
Interior
8
Infotainment
8
Reliability
9
Safety
8
Value
#8
2023 Hyundai Kona Electric
#8
Hyundai Kona Electric
$33,550 - $41,550
Price (MSRP)
134/106 mpg
City/Hwy
201 hp
Horsepower
8.0
8
BuzzScore
7
Design
9
Performance
7
MPG
7
Interior
8
Infotainment
8
Reliability
9
Safety
9
Value
#9
2023 Kia Niro EV
#9
Kia Niro EV
$39,550 - $44,550
Price (MSRP)
126/101 mpg
City/Hwy
201 hp
Horsepower
8.0
8
BuzzScore
8
Design
7
Performance
8
MPG
7
Interior
8
Infotainment
9
Reliability
9
Safety
8
Value
#10
2023 Mazda MX-30 EV
#10
Mazda MX-30 EV
$34,110 - $37,120
Price (MSRP)
TBC
City/Hwy
143 hp
Horsepower
7.5
7.5
BuzzScore
9
Design
8
Performance
6
MPG
8
Interior
6
Infotainment
8
Reliability
8
Safety
7
Value
#11
2023 Subaru Solterra
#11
Subaru Solterra
$44,995 - $51,995
Price (MSRP)
114/94 mpg
City/Hwy
215 hp
Horsepower
7.1
7.1
BuzzScore
7
Design
8
Performance
7
MPG
6
Interior
7
Infotainment
8
Reliability
8
Safety
6
Value
Unrated
2023 Fisker Ocean
Fisker Ocean
$37,499 - $68,999
Price (MSRP)
TBC
City/Hwy
275 hp
Horsepower
N/A
N/A
BuzzScore
N/A
Design
N/A
Performance
N/A
MPG
N/A
Interior
N/A
Infotainment
N/A
Reliability
N/A
Safety
N/A
Value
2024 Chevrolet Blazer EV
Chevrolet Blazer EV
$44,995 - $65,995
Price (MSRP)
TBC
City/Hwy
TBC
Horsepower
N/A
N/A
BuzzScore
N/A
Design
N/A
Performance
N/A
MPG
N/A
Interior
N/A
Infotainment
N/A
Reliability
N/A
Safety
N/A
Value
2024 Chevrolet Equinox EV
Chevrolet Equinox EV
$30,000 - $45,000
Price (MSRP)
TBC
City/Hwy
210 hp
Horsepower
N/A
N/A
BuzzScore
N/A
Design
N/A
Performance
N/A
MPG
N/A
Interior
N/A
Infotainment
N/A
Reliability
N/A
Safety
N/A
Value
2025 Volvo EX30
Volvo EX30
$34,950
Price (MSRP)
TBC
City/Hwy
268 hp
Horsepower
N/A
N/A
BuzzScore
N/A
Design
N/A
Performance
N/A
MPG
N/A
Interior
N/A
Infotainment
N/A
Reliability
N/A
Safety
N/A
Value

Characteristics of Affordable Electric SUVs

To keep costs down but to ensure the best value, an electric SUV in this category needs to tick certain boxes. You can’t have it all, but these are the qualities you should be looking for.

  • They are naturally cheaper than your average SUV
  • They try to keep costs down by delivering good mileage
  • They boast impressive safety ratings
  • They forego almost all luxury features

What to Consider When Buying a Cheap SUV

Now that there are so many EVs to choose from in the US, you actually need to weigh your options when buying one. Also, you might still want to consider regular gas or hybrid cars over their electric cousins, depending on where you live or how you intend to use your car.

Pros

  • Comparatively low asking price
  • Decent range figures
  • High safety ratings
  • Good reliability expectations
  • Can save even more with tax credits
  • Practical and versatile body style

Cons

  • Still more expensive than gas-powered rivals
  • Charging network may be sparse in some regions
  • Installing a home charger can push up the price

FAQs

What is the cheapest EV SUV?

At just over $30,000, the Hyundai Kona Electric is one of the cheaper new electric SUVs on the market currently. Cheaper still is the Bolt EUV, with a starting price under $30k. The Mazda MX-30 is priced in the mid-$30k range at the time of writing.

How much do the most affordable electric SUVs cost?

The price of an electric SUV is high in comparison to a regular gas model, but you can still find a few at around the $40,000 mark. These include the Toyota bZ4X, Kia Niro EV, and VW ID.4. The Hyundai Kona Electric is slightly more expensive than the Chevy Bolt EUV.

Which affordable electric SUV has the best range?

The Ford Mustang Mach-E and Kia EV6 can both exceed 300 miles of all-electric driving. Models like the Chevy Bolt EUV and Hyundai Kona Electric are rated at around 250 miles.

How reliable are cheap electric SUVs?

The most affordable cars are built by automakers that know their shoppers can’t afford to spend a bundle on maintenance or repairs, so their cars are made to go the distance.
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