Affordable Electric Cars: Top 10 Cars To Look Out For 2023

The automobile industry is evolving now. Car manufacturers have realized the fact that electric cars are going to be the future. Therefore, they are introducing newer and better electric car models. Choosing a car becomes difficult when there are many options at your disposal. This article will list the top 10 cars that should be on your radar if you are interested in buying budget electric cars.  It is not any random list that you might come across. We have thoroughly analyzed the customer and expert reviews and compiled a list of the best electric cars in 2023 for an average customer.

Affordable Electric Cars: Top 10 Cars To Look Out For 2023

1. Kandi K27:

Compact, swift, and futuristic. These are the words that perfectly describe this car. Kandi is a Chinese company that has recently introduced its electric cars in the United States. One of the cheapest options you’ll ever find on the market is Kandi K-27. According to the official website, the car costs $11,999. That is why it reaches the top of our list of cheap electric cars. However, different states provide different incentives for buying electric cars, which can further slash the price of the vehicle.

Top Features Of Kandi K27

Engine power 45 KiloWatt
Top speed 35 miles per hour
Battery Lithium 17.69 KWh battery
Charging time 7 hours
Dimensions 136 x 58 x 63 (inches)
Seating capacity 4 persons
Display A center touchscreen (9 inches)
Range 110 miles

Final Opinion:

This car is a good option when it comes to in-city driving. It has a compact shape which helps you escape traffic easily. Its speed is perfectly matched to the speed limits for in-city driving. Moreover, it provides a glance at technology with its 9″ center touchscreen on which you can enjoy movies or songs. In addition, It has many safety features such as a vehicle anti-theft system, battery protection system, over-speed, seat-belt warning, and much more. Lastly, it also provides a 3-year warranty, so you enjoy the ride without fear. If you travel long distances and there are a lot of trips on your schedule, you might also want to look at other options. Do consider it while looking for affordable electric cars.

2. Weltmeister EX5:

Premium, Luxurious, and Comfortable. These words do justice to this SUV introduced by another Chinese company, but this product is also available in the US market. The prices start from around $20,000. Getting an SUV at this cost seems like a dream. The features of this car are mind-blowing, given its price range.

Top Features Of Welt. Meister EX5

Engine power 217 hp
Top speed 62 miles per hour
Battery Lithium 52 KWh battery
Charging time Alternating Current (overnight charge) Direct Current ( 50% in 35 min)
Dimensions 4585 x 1835 x 1672 (mm)
Seating capacity 5 persons
Display A center touchscreen (15.4 inches)
Range 400 miles

Final Opinion:

This electric car is an absolute beast for both short and long distances. It provides a premium rid,e and getting an SUV at this cost is rare. The design also looks up-to-date. This car should make a higher place in your car lists.

3. Chevrolet Bolt EV (2023)

Unique and value-for-money are the words associated with this car. Chevrolet has been a major player in the industry for many years,s and now they are back with the best affordable electric cars. Salient features of the car are:

Top Features Of Chevrolet Bolt EV (2023)

Engine power 200 hp
Top speed 90.1 miles per hour
Battery Lithium 65 KWh battery (8 years warranty)
Charging time Up to 100 miles In 30 min (on DC fast charge)
Dimensions 4145 x 1765 x 1611 (mm)
Seating capacity 4 persons
Display Built-in tablet (10.2 inches with Apple Car Play)
Range 259 miles

Final Opinion:

Apart from the affordable price tag of $26,595 after the recent price cut of $6000, this car has many other features and luxuries. Its blue-tooth connectivity, charging, suspension, and all are exactly how customers want them to be. Moreover, the 8 years warranty lets you enjoy the drive seamlessly. Its shape is futuristic and modern at the same time. Do consider it for your everyday ride.

4. 2023 Nissan Leaf:

This electric car has two variants: the Model S and SV-plus. The simple S model has a lesser battery and mileage and lesser acceleration. The point to be highlighted here is that the word ‘lesser’ only means ‘relatively less.’ It is still a very good competition to other options available right now.

Top Features Of The 2023 Nissan Leaf (S)

Engine power 110 KiloWatt
Top speed 106 miles per hour
Battery Lithium 40 KWh battery
Charging time 80% battery charge in 45min 9 (100W DC)
Dimensions 176 x 70.5 x 61.4 (inches)
Seating capacity 4 persons
Range 180 miles (highway)
Others Hybrid heating system, Push button start

Final Opinion:

The top speed, combined with its range, makes this electric car one of the top affordable electric cars for people to buy for daily use. Furthermore, it has an intelligent heating system and pushes a button to start, giving it a luxurious touch. The price of this car is around $27,000, which reduces to $20,000 after the federal tax exemption. It makes this car the perfect value-for-money option.

5. Chevrolet Bolt EUV

It can be thought of as a premium version of the base model. It costs 2k dollars more but provides various options not available in the base model. It is also slightly bigger than the base model. Therefore, it suits taller people who need more leg space. The main feature which helps you differentiate the two models is the presence of a sunroof on the EUV model but not on the base model. It adds a touch of royalty and enhances the driving experience.

Top Features Of Chevrolet Bolt EUV (2023)

Engine power 200 HP
Top speed 90.1 miles per hour
Battery Lithium 65 KWH battery (8 years warranty)
Charging time Up to 95 miles In 30 min (on DC fast charge)
Dimensions 4306 x 1770 x 1616 (mm)
Seating capacity 5 persons
Display Built-in tablet (10.2 inches with Apple Car Play)
Range 247 miles

Final Opinion:

For 2000 extra dollars, you get a sunroof, more leg space, and a more luxurious experience. If you think all these additions are worth your $2000, you should go for this car. Both these Chevrolet cars are the best affordable electric cars available in the market.

6. Hyundai Kona Electric (2023):

Hyundai Kona has been on the market for a long time. They have now introduced the electric version of the car. It sits at the sweet spot between having exaggerated features or underperforming. It is the best option for an average customer who wants a car to drive in the city, with occasional out-of-station trips.

Top Features Of Hyundai Kona Electric (2023)

Engine power 201 HP
Top speed 90.1 miles per hour
Battery Lithium 64 KWH battery (8 years warranty)
Charging time 10-80% in 47 minutes (on level 3 quick charge)
Dimensions 165.6 x 70.19 x 61.2  (inches)
Seating capacity 5 persons
Display Built-in tablet (10.2 inches with Apple Car Play)
Range 258 miles
Others Airbags, Traction control, Anti-theft alarm system

Final Opinion:

The spec sheet of this car is quite similar to the spec sheet of the Chevrolet EUV. The choice comes down to personal preference. The only major factor differentiating the two is the sunroof roof. All the other features, such as traction control or anti-theft alarm, depending on people’s choice of whether they want it. This car costs $34,000. But the good thing is that it is also eligible for a Federal Tax Credit of $7000, which further slashes the cost.

7. BMW 330e:

BMW is unarguably one of the top companies in the car industry. It is a giant that sits at the top of the chain. BMW electric cars are a new addition to their never-ending lineup of cars. One of the best BMW electric cars of 2023 is the 330e Model. It has a characteristic BMW shape, which makes it look all the more impressive. Even though it might be expensive, considering the other options that we have listed till now, stay glued to your seats as we bring a piece of good news for you. It is eligible for the federal tax credit! Yes, you read that right. Now it surely makes a place in your list of cars to look out for. The car costs around $37,000 after the tax credit.

Top Features Of BMW 330e

Engine power 288 hp
Top speed 130 miles per hour
Battery Lithium 11.15 KWh battery
Charging time 3.7 hours
Dimensions 4709 x 1827 x 1440 (inches)
Seating capacity 5 persons
Display Central screen
Others Heated side mirror, 10 speaker sound system, power-folding, and more.

Final Opinion:

This car is the best choice for people who want their car to make an impact, do not want to shift to electric cars completely, and maintain a backup of fuel-powered cars since this is a hybrid model. It runs smoothly and provides a luxurious experience. Moreover, the brand name is a cherry on top. Hence, it should rank high in your list of cars.

8. Hyundai Ioniq 5:

This car is unique in its shape and design. Some people might like it while others won’t. So, there is no sweet spot between the two extremes that attract many people. It has a very sleek and smart design with good aerodynamics.

 Top Features Of Hyundai Ioniq 5

Engine power 168 hp
Top speed 115 miles per hour
Battery Lithium 70 KWh battery
Charging time Seven hours 30 minutes for a full charge. (Fast charge àapprox. 250km in 17 minutes)
Dimensions 4635 x 1890 x 1605 (inches)
Seating capacity 5 persons
Display Central screen
Range 230 miles

Final Opinion:

This electric car is available for $39,950. Although this might seem a lot, there is a catch. This electric car is eligible for Federal Tax Cr, which further reduces the price by $7,000, placing it in the affordable range. Moreover, it provides a premium SUV experience and is suitable for both in-city and out-of-station driving.

9. KIA Niro EV (2023):

Kia is a famous company with many products that people love. One renowned product is the KIA Sportage which made the company famous worldwide. Now they are back with another exceptional car but this time, it is an electric car. This car is the best option for people who are more conscious about the company instead of the actual specs of the car. Undoubtedly, KIA is one of the most trusted car manufacturers around the globe.

Top Features Of KIA Niro EV 2023

Engine power 201 hp
Top speed 104 miles per hour
Battery Lithium 64 kWh battery
Charging time 0-80% in approx. 1hr on DC fast charge
Dimensions 172.2 x 71.1 x 61.8 (inches)
Seating capacity 5 persons
Display 10.25 inches touch central screen with android auto and apple car-play
Range 239 miles
Others Voice Command Navigation, Apple car-play, Climate control

Final Opinion:

If you want additional features such as climate control, a heated steering wheel, voice control, a beautiful display, and a comfortable ride, then this car is for you. It is available for $39,99,0, but it is also eligible for a Federal Tax Credit of $7,500. 

10. Tesla Model 3:

The list of affordable electric cars is incomplete without listing a tesla car. Tesla is the company that has revolutionized the way people look at electric cars. It has converted the idea of an electric car into a practical machine. One of its cheapest products is the Tesla Model 3. But being an affordable tesla doesn’t mean it has no good features. It still delivers a punch in the given price bracket.

Top Features Of Tesla Model 3

Engine power 201 hp
Top speed 140 miles per hour
Battery Lithium 57.5 kWh battery
Charging time 25 min charge on 170 kW DC à 38-304km
Dimensions 4694 x 1849 x 1443 (mm)
Seating capacity 5 persons
Display 15 inches touch central screen with android auto and apple car-play
Range 237 miles

Final Opinion:

This Model starts at $46,990. This price goes down to approximately $39,000 with the Federal Tax Credit. Although it seems a bit expensive, trust me when I say that it is the best investment you’ll make.

Conclusion:

We have listed the top 10 affordable cars in the market while considering the expert and consumer experiences of each. Specifications of each of them are listed in the tables to make it easier for you. We hope this article helped you make up your mind!

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