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.
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.
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.
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.
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.
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.
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.
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.
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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.
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.
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.
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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.
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.