Electric cars are becoming more affordable. The focus is shifting towards making EVs competitive in terms of pricing, leading to the introduction of great budget-friendly models.
Several budget EVs are in the pipeline, and here are five cheaper electric vehicles that are generating excitement:
Chevrolet Bolt EV Redesign
The redesigned Chevrolet Bolt EV is expected to hit the market in 2025 or 2026, offering a fresh design and hopefully a lower price point compared to its predecessors.
Kia EV3
The Kia EV3, set to be released soon, offers a more affordable entry-level option with similar design elements to its higher-end counterparts.
Volvo EX30
The Volvo EX30 boasts a stylish design and is expected to start at a competitive price, making it an attractive option in the budget EV segment.
Rivian R3
Rivian’s R3 is expected to offer long-range models with over 300 miles of range, catering to the mass market with a more affordable price point.
Hyundai Ioniq 9
The Hyundai Ioniq 9 aims to offer a more affordable electric SUV option, competing with other budget-friendly models in the market.