5 Best Electric Cars Under $40,000

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Overview

5 Best Electric Cars Under $40,000

The 2017 model year brought with it two new all-electric vehicles with starting sticker prices under $40,000, and they proceeded to finish first and second on this list. Keep in mind all of these vehicles are eligible for a $7,500 federal tax credit -- in addition to potential state and local incentives -- bringing the net price for each of them to below $30,000.

Dating all the way back to the dawn of this decade, the groundbreaking and ever-evolving Leaf has received several upgrades and enhancements over the years. Read more

Starting Price: $31,545
Range per full charge: 107 miles
Charging time at 240V: About 6 hours
Power: 107 horsepower, 187 lb-ft of torque
0-60 miles per hour: About 10 seconds
Battery: 30-kWh lithium-ion
EPA fuel economy equivalent: 112 MPGe (city/highway combined)

The Kia Soul is one of our favorite small cars and a staple on our annual list of the Coolest Cars Under $18,000. For buyers who can swing it, the gas-free Soul EV is the coolest Soul of them all. Read more

Starting Price: $33,145
Range per full charge: 93 miles
Charging time at 240V: 4.8 hours
Power: 109 horsepower, 210 lb-ft of torque
0-60 miles per hour: About 11.2 seconds
Battery: 27-kWh lithium-ion polymer
EPA fuel economy equivalent: 105 MPGe (city/highway combined)

Arguably the most fun-to-drive car on this list, the e-Golf combines European driving manners, class-above interior quality and more range for 2017. Read more

Starting price: $31,345
Range per full charge: 125 miles
Charge time at 240V: 5.3 hours
Power: 134 horsepower, 214 lb-ft of torque
0-60 miles per hour: About 9.6 seconds
Battery: 35.8-kWh lithium-ion
EPA fuel economy equivalent: 119 MPGe (city/highway combined)

The most energy-efficient entry on this list is also the most affordable. In addition to an all-electric model, the new Hyundai Ioniq lineup also includes hybrid and plug-in hybrid versions. Read more

Starting price: $30,335
Range per full charge: 124 miles
Charge time at 240V: 4.4 hours
Power: 118 horsepower, 215 lb-ft of torque
0-60 miles per hour: About 10 seconds
Battery: 28-kWh lithium-ion polymer
EPA fuel economy equivalent: 136 MPGe (city/highway combined)

The first all-electric car to combine a sub-$40,000 starting price with driving range of more than 200 miles, the new-for-2017 Bolt is also a pleasure to drive and versatile, too. Read more

Starting price: $37,495
Range per full charge: 238 miles
Charge time at 240V: 9.3 hours
Power: 200 horsepower, 266 lb-ft of torque
0-60 miles per hour: About 6.5 seconds
Battery: 60-kWh lithium-ion
EPA fuel economy equivalent: 119 MPGe (city/highway combined)

 

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