Best Luxury Electric Cars of 2023 | New Luxury EVs

Characteristics of the Best Luxury Electric Car

Whether you’re after a classic luxury EV from a well-known brand or scouting the market for the best-looking electric cars with impressive performance figures from upcoming brands, some common characteristics set these vehicles apart:

Performance and range: One of the defining traits is the electric powertrain - there’s no combustion engine here and thus also no gas bills. Fully electric luxury cars come with technology that provides ample power and impressive performance specs, all in exchange for a few hours of charging time.
Opulence and features: In addition to the electric power plant is the ‘luxury’ designation that defines these vehicles. It’s not enough to provide cutting-edge propulsion because luxury EV cars need to be plush, comfortable, and classy. Expect the interior to be furnished in the highest quality materials, the latest tech, and all the comfort items needed to make your journey a pleasant one.
Status: Barring the fact that many high-profile automakers are responsible for some of the best luxury EVs on the market, driving one of these is not just about the badge - being eco-conscious has its own status.
Space and size: Various body styles can slot into the luxury all-electric cars segment, with SUVs and sedans offering the most practical platforms for space and comfort. Passengers in the back should be just as comfortable as those up front.
Price: With the price of EVs still at the higher end of the spectrum, you should expect to pay top dollar for the halo models that slot into the luxurious electric cars category. With all the tech, features, and premium content, these cars will set you back quite a bit.

What to Consider When Buying Luxury Electric Vehicles

New luxury electric cars are an alluring prospect for those who want to have guilt-free performance and luxury at the same time, so here are some of the points to consider before signing on the dotted line:

Pros

Various types of EVs can be luxurious - sedan, coupe, or SUV
Large and spacious with ample room for passengers
Plush and comfortable accommodations
Potent all-electric powertrains with no gas bills
Loads of features for comfort and convenience
Modern and eye-catching designs
Rebates apply in some states for some vehicles

Cons

Luxury cars cost a lot of money
Long charging times and limited charging networks can be problematic
Hefty curb weights can negatively affect driving and handling feel
Some newer companies have no track record for reliability

FAQs About Luxury EVs

What are some of the cheapest luxury electric cars?

When you’re shopping for a luxury car, chances are that your budget is set a little higher than most mainstream models already. In the EV segment, pricing is even higher. Don’t expect anything even remotely luxurious for around $30k. The Polestar 2 can be had for around $45k, and BMW’s i4 costs $10k over that, at least, and for the very best, you’ll need to budget double that.

Is Tesla a luxury EV producer?

Tesla is synonymous with accessible EV tech, and, with reasonable pricing, the brand has made a good name for itself. Depending on your definition of luxury, the American manufacturer may consider some of its products luxurious. However, the brand itself is not considered a premium or luxury brand, so while its cars are generously equipped, comfortable and classy, and technologically advanced, it doesn’t carry the same weight as some of its German competitors.

Are luxury electric vehicles safe?

As many luxury EVs are the halo models in their respective lineups, they are usually extensively equipped with safety features and driver aids. Considering their price ranges and the segment in which they compete, these cars are filled to the brim with all the tech needed to keep them on the road and should score highly in safety evaluations.