AUTO

Chevy’s Bolt Leads Top Cheapest Electric Cars in 2024

January 14, 2024

The 2023 Chevrolet Bolt is leading the list of the cheapest electric cars in 2024.
The Bolt qualifies for the 2024 tax credit, bringing its price down more than other affordable battery electric vehicles (BEVs).
Other affordable EV brands include Mini, Nissan, Hyundai and Kia.

Chevrolet’s Bolt is the cheapest among electric cars available in 2024. The small EV is an excellent deal with a starting price of $27,495. It is among the few EVs eligible for the full $7,500 tax credit. The total cost for a new Bolt 1LT could be as low as $19,995, including the tax credit.

There’s no 2024 model, but it will return in 2025. Technologies such as One Pedal Driving, Regen on Demand, and Sport Mode boost the Bolt’s fun and function. Chevrolet currently offers to cover standard installation costs of a home Level 2 (240-volt) charging outlet for eligible customers.

2023 Chevrolet Bolt EV

The Bolt EV hatchback offers an EPA-est. 259 miles, and is America’s cheapest electric car. It features outstanding efficiency, amped-up style, and cutting-edge technology, including a 10.2-inch diagonal color touch-screen. It offers 200hp and goes 0-60 in a quick 6.5 seconds.

2023 Chevrolet Bolt EUV

The Chevrolet Bolt EUV (electric utility vehicle) is a subcompact crossover SUV. U.S. News & World Report named the EUV “Best Electric SUV for the Money” in 2023. The Bolt EUV offers an EPA-est. 247 miles. It goes from 0 to 60 in 7.0 seconds, delivering 266 lb.-ft. of near-instant electric torque.

2024 Mini Cooper Electric

The MINI Cooper SE Electric Hardtop 2 Door offers an unmistakable design. This fun-to-drive all-electric hatchback comes with functional technology to match the sleek style. The EV features a 114 mi. EPA-est. range per charge, and goes 0-60 mph in 6.9 seconds. Starting at $30,900, it’s an attractive deal for a small, fun EV.

2024 Nissan Leaf

Nissan unveiled the Leaf in 2009 as the world’s first mass-market electric and zero-emission vehicle. It will no longer be available in the U.S. after 2025 and has dropped in popularity due to hard-to-find CHAdeMO charging needs and low range, up to 149 EPA-estimated miles. The Leaf S starts at $28,140, and the SV Plus starts at $36,190.

2024 Hyundai IONIQ 6

Winner of the 2023 World Car Awards, the 2024 Hyundai IONIQ 6 starts at $42,450. It offers an EPA-est range of up to 361 miles and a curved, athletic profile. All trims provide a dual-motor all-wheel drive (AWD), with 74 kW and 165 kW options at 320 hp. The starting MSRP for the base SE model is $42,450. 20-inch wheels are available.

2024 Kia Niro EV

The 2024 Kia Niro EV offers a compact and sleek crossover design. It features a starting MSRP of $39,600. The Niro EV can go 0-60 MPH in 7.1 seconds with a near-instant torque and acceleration. It features 201 hp, and 500 kWh of charging credits on the Electrify America network are included. The vehicle offers a fun driving experience with 113 MPGe. The car features an impressive EPA-estimated 253-mile all-electric range.

Tesla Model 2

Image showcasing Tesla Model S charging at supercharger stations — _{Tesla – Model S shown}

Tesla doesn’t currently offer a cheap electric car, but it plans to release the Tesla Model 2, an affordable electric vehicle priced at $25,000. The model Y was the best-selling EV in 2022 and 2023, however, it is not what you would consider low priced. As the first company to mass-produce EVs, Tesla hopes to hold onto its leadership of the EV market with a cheap electric car. Although this car may not make it into the cheapest EVs in 2024, we know it’s coming soon.