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EV-a2z > News > The cheapest electric cars in the key markets across the world as of 2023
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The cheapest electric cars in the key markets across the world as of 2023

EV-a2zm
Last updated: 2023/02/19 at 1:49 PM
EV-a2zm Published February 11, 2023 6 Min Read
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New Ora Cat four-door coupe EV car reveiled at the Paris Motor Show, France - October 17, 2022.
New Ora Cat four-door coupe EV car reveiled at the Paris Motor Show, France - October 17, 2022.
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Governments worldwide have been promoting the switch to electric vehicles as a crucial part of their strategies to hit their net-zero emission targets. However, the EVs’ prices often discourage potential buyers, as they are significantly more expensive than their gas counterparts.

Notably, that is the case in Australia. Drive noted that the country has no access to cheap EVs. That said, the auto news platform provided data on the cheapest EVs in several key markets worldwide, with Australian-converted prices for comparison.

Cheapest EVs with their key specs and prices in each market

MarketsCheapest EVMarket PricePrice in AUDPowerBatteryRange
AustraliaGWM OraAUD43,99043,990126kW48kWh310km
New ZealandMG ZS EV$NZ49,99045,600130kW50.3kWh320km
USANissan LeafUSD28,04040,580110kW40kWh240km
UKCitroen Ami£769514,0006 kW5.5kWh70km
EuropeDacia Spring€20,80032,30033kW26.8kWh230km
JapanNissan Sakura¥2,399,10025,80047kW20kWh180km
ChinaWuling Hongguang Mini EV¥32,800700015kW9.2kWh120km
IndiaMG ZS EV₹2.258m40,200130kW50.3kWh320km
IndonesiaWuling AirIDR238m22,50030kW17.3kWh200km
GermanyVolkswagen e-Up€29,99546,50040kW32.3kWh256km
ThailandVolt City EV microcarTHB325,00014,000–11.8 kWh165km
South AfricaMini Cooper SER723k59,150135 kW32.6 kWh183km
The exchange as on 10-Feb-2023

In Australia, the GWM Ora hatchback is currently the cheapest electric car. It has a base price of $43,990. Notably, this amount excludes the on-road costs. Depending on your location, it can price up to $47,891 on the road. The EV is equipped with a single motor and 48kWh battery that enables 126kW power and 310km range. Notably, Australia’s pricing is much cheaper than UK’s, which starts at £30,495 ($AU52,800) for the Ora.

The GWM Ora (nee Ora Cat) is now available to order in Australia!
🔹$43,990 +ORC
🔹45.4+59 kWh usable 🔋sizes
🔹up to 420km range, 80kW DC charging
🔹126kW/250Nm/1540kg
🔹LED lights, power driver's seat, wired phone mirroring, surround camera all std.
🔹Available April '23 pic.twitter.com/INdvEmsfVM

— EV Brief (@evbriefmedia) February 9, 2023

In New Zealand, the cheapest EV is the MG ZS EV, with a price of  $NZ49,990 ($45,600). It has a 50.3kWh battery which offers a power of 130kW and a range of 320km.

MG's SUV range tops the UK sales charts in the first month of 2023. SMMT data reveals 3,481 examples of the MG HS were registered in January. The MG ZS was announced as the UK’s 8th best-selling car respectively.

Explore the MG range at https://t.co/Sk0nq1G3Kg pic.twitter.com/GDgSerrfjd

— MG Motor UK (@MGmotor) February 9, 2023

In the United States, the Nissan Leaf has taken the first spot for the cheapest EV as of now. Its base price is $US28,040 ($40,580), offering a 40kWh battery. The EV boasts a power of 110kW and a range of 240km.

Nissan LEAF all-electric vehicle sales for USA in May 2018 increased 13 percent to 1,576 units. pic.twitter.com/AyHV390HAV

— EVisioneering (@EVisioneer2020) June 1, 2018

In the UK, the Citroen Ami is the most affordable EV, costing £7695 ($AU14,000). It boasts a 45km/h maximum speed and a 70km range. It is equipped with a 5.5kWh battery.

UK Citroën AMI prices were finally announced today – starting at £7,695. That’s not the worst news though; they aren’t doing any monthly payment deals as of yet. Shame, as it’s such a great little car. pic.twitter.com/L9SvYL00DD

— Daniel Achterhuis (@DanielCars05) May 24, 2022

In Europe, the cheapest EV is the Dacia Spring, which costs €20,800 ($AU32,300). It is equipped with a 26.8kWh battery that enables a 230km range. However, it only offers an electric motor of 33kW.

Dacia Spring concept foreshadows Europe’s most affordable EV: https://t.co/DxGOdF8utT pic.twitter.com/N2rHE7J8h7

— Autoblog (@therealautoblog) March 22, 2020

In Japan, the Nissan Sakura is currently the most affordable EV for ¥2,399,100 ($AU25,800). Nissan offers two trim variations for this model, with both of them having a 20kWh battery. It boasts a power of 47kW and a battery of 20kWh, enabling a range of 180km.

Detroit's mammoth-sized electric cars are a choice.

In Japan Nissan is offering the Sakura, an electric "kei car" weighing 2,425 lbs — 500 lbs less than the battery (just the battery!) of a 9,000-lb Hummer EV.https://t.co/YhGRhu0IIR pic.twitter.com/NdnoNfEm0W

— David Zipper (@DavidZipper) May 24, 2022

In China, the cheapest is the Wuling Hongguang Mini EV, which costs ¥32,800 ($AU7000). It is undoubtedly “cheap,” but it only has small 12-inch wheels. Its battery is also only 9.2kWh and has a power of 15kW.

Spotted Wuling Hongguang Mini EV Cabrio out on the streets in China. pic.twitter.com/us109wvrcn

— 42HOW (@42how_) February 8, 2022

In India, the MG ZS EV is also the cheapest, like in New Zealand. It costs ₹22.58m ($AU40,200) before on-road expenses. It is equipped with a 50.3kWh battery and a motor of 130kW, enabling a range of 320km.

Introducing the All New MG ZS EV – India’s First Pure Electric Internet SUV in an electrifying new avatar. Now offering more comfort, range and a host of advanced new features to change mindsets about EVs. Bookings open now. #ChangeWhatYouCan
Visit : https://t.co/YATD1DSptr pic.twitter.com/hRuAwhcmUF

— Morris Garages India (@MGMotorIn) March 7, 2022

In Indonesia, the most affordable electric car is currently the Wuling Air for IDR 238m ($AU22,500). It has a 200km range, driven by a 30kW power and 17.3kWh battery.

Wuling Air EV Makes Global Debut in Indonesia pic.twitter.com/dF9RAIqRt3

— Electric Cars Report (@ECarsReport) June 7, 2022

Germany, Thailand, and South Africa are other remarkable markets with the cheapest electric car models.

In Germany, the cheapest EV is the Volkswagen e-Up, which costs €29,995 ($AU46,500). Meanwhile, the Volt City EV microcar gets the top spot in the cheapest EV ranking with a price of THB 325,000 ($AU14,000). As for South Africa’s bet, the Mini Cooper SE is currently the most affordable EV for R723k ($AU59,150).

Tiny Volkswagen E-Up Shocks Tesla To Claim Top EV Spot In Germany https://t.co/HVfE8SVhIY pic.twitter.com/LX1jugRq1n

— Ahmad Nor Maulana Af (@AhmadNorMaulana) March 8, 2021

For most of the cheapest EVs in other markets, the scale is primarily why these models cannot be as cheap in Australia. For instance, Nissan recorded sales of 12,026 Leaf models in the US last year, while it only sold 331 in Australia. The report noted that the US market has ten times Australia’s population and 36 times as many car buyers. Notably, the case is similar to China.

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TAGGED: Australia, China, Electric Vehicle, Europe, EV, Germany, India, UK, USA
EV-a2zm February 19, 2023 February 19, 2023
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