The 10 Cheapest Electric Cars You Can Buy in 2022: Ford, Chevy, Nissan

  • You don’t need to spend a fortune to make the switch to an electric vehicle. 
  • The cheapest electric cars you can buy include the Ford F-150 Lightning, Chevy Bolt EV, and Kia EV6. 
  • The cheapest model starts at $19,900, after factoring in the federal tax credit for EV purchases. 

Looking to buy an electric car? Electric vehicles tend to cost more than gas-powered ones on the whole, but not all EVs need to break the bank.

In addition to some high-priced examples sold by Elon Musk, lots of 2022-model-year electric cars can be had for less than $35,000, particularly when you consider the federal government’s $7,500 tax incentive for EV purchases.

Sure, that’s not exactly cheap, but studies have shown that electric-car owners save big on maintenance, repairs, and fueling costs over time. 

One big caveat: Electric cars are in short supply right now, so finding popular models for sale at MSRP is easier said than done. Some, like the Ford F-150 Lightning, are selling with huge dealer markups. 

Nissan Leaf 



2022 Nissan Leaf electric hatchback

Nissan


Retail price (with federal tax credit): $27,400 ($19,900) 

Environmental Protection Agency-estimated range for base model: 149 miles

The Nissan Leaf launched in 2010 as one of the first mass-market electric cars. Now it’s the cheapest one you can buy. An extra $5,000 over the base price gets you a larger battery pack that provides 226 miles of range. 

Mini Cooper SE Hardtop



The Mini Cooper SE.

BMW Group


Retail price: $29,900 ($22,400)

EPA-estimated range: 114 miles

Mini’s electric car offers an appealing base price, but that comes at the expense of range. Buyer beware: Mini is jacking up the price for the 2023 model. 

Chevrolet Bolt EV  



2022 Chevrolet Bolt EV.

Chevrolet


Retail price: $31,500

EPA-estimated range: 259 miles

Chevrolet refreshed the Bolt hatchback for 2022 with modern looks and a price cut.  

A large recall over battery fires meant Chevy stopped making Bolts for several months, but now production has resumed and the company says it’s sorted out the problem. 

Mazda MX-30 



Mazda MX-30.

Mazda


Retail price: $33,470 ($25,970)

EPA-estimated range: 100 miles

For its first electric car, Mazda went all out with sleek styling and funky rear doors that swing backward. But it gave the MX-30 confusingly poor driving range, less than half that of some rivals. 

Mazda is selling the MX-30 in California to start. 

Chevrolet Bolt EUV 



The 2022 Chevrolet Bolt EUV.

Chevrolet


Retail price: $33,500

EPA-estimated range: 247 miles

The Chevy Bolt EUV is all new for 2022. It shares a lot with the Bolt EV but is meant to be a small SUV rather than a hatchback. You get a bit more interior space and ground clearance than the hatchback, but less range. 

Good news: The Bolt EUV and Bolt EV are getting $6,000 cheaper starting with the 2023 model. 

Hyundai Kona Electric 



2022 Hyundai Kona Electric.

Hyundai


Retail price: $34,000 ($26,500)

EPA-estimated range: 258 miles

The electric version of Hyundai’s popular little SUV comes with excellent range and advanced safety tech like blind-spot monitoring and automatic emergency braking. 

Hyundai Ioniq 5



2022 Hyundai Ioniq 5.

Hyundai


Retail price: $39,950 ($32,450)

EPA-estimated range for base model: 220 miles

If you want all-wheel drive and longer range, you’ll have to pony up. But the Ioniq 5’s base model offers the same funky looks and spacious interior as pricier versions. 

Ford F-150 Lightning 



The Ford F-150 Lightning Pro.

Tim Levin/Insider


Retail price: $39,974 ($32,474)

EPA-estimated range for base model: 230 miles

The Ford F-150 Lightning Pro carries an MSRP just below $40,000, but it could be years before they’re readily available at that price. A combination of hot demand and low supply means dealers are slapping hefty markups on Ford’s first serious electric truck. 

Kia Niro EV 



The 2022 Kia Niro EV.

Kia


Retail price: $39,990 ($32,490)

EPA-estimated range: 239 miles

The inconspicuous Niro EV is great for people who want a regular-looking electric car that doesn’t stick out, our reviewer wrote of the inaugural 2019 model. Stay tuned: the entire Niro lineup is getting a major redesign for 2023, introducing sleeker styling and more electric range. 

Kia EV6



The 2022 Kia EV6 GT-Line.

Tim Levin/Insider


Retail price: $40,900 ($33,400)

EPA-estimated range for base model: 232 miles

The Kia EV6 is new for 2022. In testing, we were impressed by its sporty handling and head-turning looks. Plunk down more money and you can get extras like all-wheel drive and up to 310 miles of range. 

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