Best Affordable Electric Vehicles Under $40,000
While electric vehicles are often associated with premium prices, these affordable options prove that EV ownership is becoming more accessible. Compare the best value electric cars under $40,000, offering practical range, modern features, and zero emissions.
KIA Niro
The Kia Niro EV is a compact, all-electric crossover that offers a practical blend of efficiency, range, and advanced features. With up to 253 miles of range, it’s designed for eco-conscious drivers who want a versatile and affordable electric vehicle without compromising on comfort or technology.
Dodge Charger
The 2025 Dodge Charger EV is an electrified take on the iconic muscle car, combining cutting-edge electric performance with aggressive styling and advanced technology. With up to 670 horsepower in its Scat Pack trim, dual-motor all-wheel drive, and an estimated range of up to 319 miles, the Charger EV redefines modern muscle while staying true to its heritage.
Slate Truck
Enter the 2026 Slate Truck, a bold new contender aiming to redefine the electric pickup segment with its striking design and promised capability. We put this all-electric workhorse through its paces to see if it delivers the power, range, and utility needed for the modern driver.
Hyundai Kona
The Hyundai Kona is a compact SUV that blends bold styling with practicality, offering a range of powertrains including electric and hybrid options. It features a well-appointed interior, advanced infotainment technology, and a variety of safety features. The Kona is ideal for those seeking versatility and modern convenience in a compact package.
Nissan Leaf
The Nissan Leaf is a practical and affordable all-electric hatchback, known for pioneering accessible electric mobility. With a range of up to 212 miles, it offers smooth acceleration, modern technology, and a spacious interior suitable for daily driving.
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Fisker Ocean
The Fisker Ocean is a fully electric SUV designed for sustainability, performance, and style, offering up to 350 miles of range, a spacious interior, and advanced tech features. With available all-wheel drive, fast acceleration, and eco-friendly materials, the Ocean brings a modern approach to electric mobility.
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Fisker Pear
The Fisker Pear is a compact electric urban mobility vehicle designed for sustainability and affordability. With a sleek, futuristic design, it aims to offer a practical and high-tech driving experience, making it ideal for city dwellers seeking eco-friendly solutions.
Mini (BMW) Cooper Electric
The Mini Cooper Electric is a stylish and compact all-electric hatchback that retains the brand's iconic design and fun-to-drive nature. Offering spirited acceleration, a tech-forward interior, and a range suitable for daily commuting, it provides an engaging and sustainable driving experience.
Volkswagen Volkswagen ID.4
The Volkswagen ID.4 is a compact all-electric SUV that combines practicality with modern design. It offers a comfortable interior, ample range, and advanced features, making it a versatile and eco-friendly choice for daily driving.
Volvo EX30
The Volvo EX30 is a fully electric subcompact SUV that combines compact dimensions with advanced technology and sustainable materials. Designed for urban environments, it offers an eco-friendly and stylish solution for city driving.
Subaru Trailseeker
Okay, EV fans, prepare for a slight detour because the 2026 Subaru Trailseeker is here to redefine modern adventure, even without a battery pack. This rugged SUV blends Subaru's legendary off-road prowess with contemporary tech and a surprising nod to efficiency, proving that exploration can be both thrilling and mindful in today's landscape.
Toyota CHR+
Toyota takes its distinctive C-HR into the electric age with the all-new 2026 C-HR+. This striking EV crossover promises a blend of unique styling, urban agility, and zero-emission efficiency aimed squarely at the compact electric vehicle market.
Buick Electra E5
The Buick Electra E5 is a premium electric SUV that combines sophisticated design with modern technology. Offering a range of 275 miles, seating for five, and advanced safety features, it marks Buick's serious entry into the electric vehicle market.