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EV-a2z > News > Top 34 most affordable EVs with at least 300 miles of EPA range in the US in 2024
News

Top 34 most affordable EVs with at least 300 miles of EPA range in the US in 2024

EV-a2zm
Last updated: 2024/03/13 at 8:48 PM
EV-a2zm Published March 13, 2024 8 Min Read
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8 Min Read
Lafayette - Circa March 2022 Chevrolet Blazer display. Chevy is a division of GM and offers the Blazer in 2LT, 3LT and RS models.
Lafayette - Circa March 2022 Chevrolet Blazer display. Chevy is a division of GM and offers the Blazer in 2LT, 3LT and RS models.
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Electric vehicle adoption continues to progress on a global scale amid the governments’ and automakers’ collaborative efforts to promote sustainable mobility. However, they have yet to encourage more drivers to join the shift away from fossil fuel-powered vehicles.

Contents
RankingCoverageNotes

People have started to grow interest in electric vehicles, but most prospective buyers prefer at least 300 miles of range to support their daily travel. Most importantly, they take into account the model’s affordability.

The Most Affordable 2024 EVs With At Least 300 Miles Of EPA Range https://t.co/kETqv6gZk2 pic.twitter.com/PTCYYP1z5q

— Flyin18T Motorsports (@Flyin18T) March 12, 2024

Without further ado, here are the top 20 cheapest electric vehicle models 300 miles (or more) of EPA range in the United States in 2024:

Ranking

ModelBase PriceDest. ChargeTax CreditEffective PriceDriveBattery
(kWh)
EPA
Range
0-60
mph
(sec)
Top
Speed
(mph)
2024 Chevrolet Equinox EV 1LT FWD 19-in$33,600+$1,395$7,500$27,495FWD 319 mi*  
2024 Chevrolet Equinox EV 2LT FWD 19-in$41,900+$1,395$7,500$35,795FWD 319 mi*  
2024 Chevrolet Equinox EV 2RS FWD 20-in$43,400+$1,395$7,500$37,295FWD 319 mi*  
2024 Chevrolet Equinox EV 3LT FWD 21-in$43,900+$1,395$7,500$37,795FWD 319 mi*  
2024 Chevrolet Equinox EV 3RS FWD 21-in$45,400+$1,395$7,500$39,295FWD 319 mi*  
2024 Chevrolet Equinox EV LE FWD 21-in$47,600*+$1,395$7,500$41,495FWD 319 mi*7.9 
2024 Nissan Ariya Venture+ FWD 19-in$41,190+$1,390N/A$42,580FWD91304 mi*  
2024 Tesla Model Y Long Range AWD 19-in$48,990+$1,640$7,500$43,130AWD 310 mi*4.8135
2024 Hyundai Ioniq 6 SE RWD LR 18-in$42,450+$1,115N/A$43,565RWD77.4361 mi  
2024 Hyundai Ioniq 6 SEL RWD LR 20-in$45,250+$1,115N/A$46,365RWD77.4305 mi  
2024 Hyundai Ioniq 6 SE AWD LR 18-in$45,950+$1,115N/A$47,065AWD77.4316 mi  
2024 Hyundai Ioniq 5 SE RWD 19-in$45,850+$1,375N/A$47,225RWD77.4303 mi 115
2024 Kia EV6 Light RWD LR 19-in$45,950+$1,325N/A$47,275RWD77.4310 mi7.2115
2023 Ford Must. Mach-E Premium ER RWD 19-in$45,895+$1,800N/A$47,695RWD91*310 mi6.1 
2024 Chevrolet Blazer EV RS RWD 21-in$54,775+$1,395$7,500$48,670RWD102324 mi*  
2024 Hyundai Ioniq 5 SEL RWD 19-in$47,400+$1,375N/A$48,775RWD77.4303 mi 115
2024 Tesla Model 3 Long Range AWD 18-in$47,740+$1,640N/A$49,380AWD 341 mi*4.2125
2024 Kia EV6 Wind RWD LR 19-in$48,700+$1,325N/A$50,025RWD77.4310 mi7.2115
2023 Ford Must. Mach-E Route 1 ER AWD 18-in$48,895+$1,800N/A$50,695AWD91*312 mi4.8 
2024 Tesla Model 3 Long Range AWD 19-in$49,240+$1,640N/A$50,880AWD 305 mi*4.2125
2024 Cadillac Lyriq Tech RWD 20-in$57,195+$1,395$7,500$51,090RWD102314 mi  
2024 Hyundai Ioniq 6 Limited RWD LR 20-in$50,150+$1,115N/A$51,265RWD77.4305 mi  
2024 Polestar 2 LR Single Motor 19-in$49,900+$1,400N/A$51,300RWD82320 mi5.9127
2024 Polestar 2 LR Single Motor 20-in$51,200+$1,400N/A$52,600RWD82307 mi5.9127
2023 Fisker Ocean Ultra 20-in$52,999* N/A$52,999AWD 350 mi*3.9 
2024 Kia EV6 GT-Line RWD LR 19-in$52,900+$1,325N/A$54,225RWD77.4310 mi7.2115
2024 Cadillac Lyriq Tech AWD 20-in$60,695+$1,395$7,500$54,590AWD102307 mi*  
2024 Hyundai Ioniq 5 Limited RWD 19-in$53,500+$1,375N/A$54,875RWD77.4303 mi 115
2024 BMW i4 eDrive40 18-in$57,300+$995N/A$58,295RWD 301 mi5.4118
2024 Acura ZDX A-Spec RWD 20-in$64,500+$1,350$7,500$58,350RWD102313 mi*  
2024 Kia EV9 Light (6 seat) RWD LR 19-in$59,200+$1,495N/A$60,695RWD99.8304 mi8.8115
2023 Fisker Ocean Extreme 20-in$61,499* N/A$61,499AWD113360 mi3.7128
2024 Acura ZDX A-Spec AWD 20-in$68,500+$1,350$7,500$62,350AWD102304 mi*  
2024 BMW i4 xDrive40 18-in$61,600+$995N/A$62,595AWD 307 mi4.9124
*estimated prices according to the OEMs; Some destination charges also include additional fees (in the case of Tesla); Applied a $7,500 federal tax credit for all the Chevrolet Equinox EV, Chevrolet Blazer EV, and Acura ZDX. Source: InsideEVs

Coverage

The US market apparently has more than 300 individual electric vehicle configurations, including those available for order, reservation, and upcoming models, based on battery sizes, ranges, powertrain setups, and wheels. Notably, all these factors have a direct impact on the price and range of electric vehicles.

The list above only included 34 EVs with at least 300 miles of EPA Combined range and a starting effective cost of less than $65,000. For context, the effective cost is basically the combined amount of the manufacturer’s suggested retail price, destination charge (DST), extra obligatory fees, and a federal tax credit (if available).

Notes

Some of the range and pricing figures indicated in the list are estimated or “unofficial.” Therefore, it would be ideal for interested customers to check the brand’s official website first for confirmation.

As mentioned, the list covers electric vehicle models on sale in the US, which have available range and pricing data. It also includes several forthcoming models and a few discontinued EVs for reference.

It is also worth mentioning that some destination fees include extra charges, particularly with Tesla EVs. The changes in the US federal tax credit rules since January 2024 also had a direct impact on the model’s effective cost. 

In addition, battery capacity usually presents the total amount, but other brands like Ford only release the usable value. Meanwhile, others do not clarify whether the value is net or total.

The US hit a new high in electric vehicle sales of about 1.2 million units in 2023, as per Kelley Blue Book’s data. This impressive sales growth aided the market to raise its share to 7.6% of all vehicles sold in the country at the time. All that said, the US market has a strong potential to further boost its electric vehicle uptake once more affordable EV options with at least 300 miles of range arrive in the following years.

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TAGGED: Electric Vehicle, EPA, EV, USA
EV-a2zm March 13, 2024 March 13, 2024
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