5 Best EVs You Can Buy For Under $50K
Check out the cars with the best bang for your buck in the EV market.
Hyuandai Ioniq 6
With starting MSRPs that range from $41K to $56K, going for the lower end of the spectrum with the Hyundai Ioniq 6 will get you a decent EV for less than $50k. The new EV gets an overall rating of 8.0 from The Car Connection, scoring 6 in the 'comfort and quality' category, and 9 in the 'features' department.
Volkswagen ID-4
The Volkswagen ID-4 is another EV with a vast range in starting MSRP. Plus, a plethora of luxury options are available to equip the car with, bringing it closer to an Audi in terms of user experience. With a starting MSRP that kicks off around the 38K mark, the ID-4 is another economical favorite, earning an overall score of 7.8 from The Car Connection.
Kia Niro EV
Unrivaled in terms of EV powertrain variety, the Kia Niro has a fuel-efficient offering for everyone. The pure EV model is among the very best on the market today, with examples available for sale for well under the $50K mark. Having received a score of 10 out of 10 from our colleagues at The Car Connection in the 'features' category, you'll know you're getting a whole lotta car for your money.
Hyundai Ioniq 5
Speaking of the scores, the Ioniq 5 impressed The Car Connection reviewers the most out of any of the cars on this list, earning a total score of 8.5, making it the overall highest-rated compact EV on the website. The memorable styling of the Ioniq 5 has made it an eye-catching favorite for those looking for an entry into EV ownership.
Chevy Bolt EUV
Saving the best for last, you won't find an economical EV in 2023 with more exceptional features than the Bolt EUV for the price at which it's offered. Ticking just about every box in the options list will bring you to just under $40K. With potential clean-air vehicle incentives, you'd be going home with a practical, efficient, well-equipped, and surprisingly spacious compact EV.