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The 10 cheapest electric cars you can buy in 2024

Cars parked in a row.
There are some inexpensive electric cars, you just need to know where to look for them.Baona/Getty Images
  • More affordable EVs are on the way this year.

  • Car companies are scrambling to offer more affordable EV options amid demand slump.

  • There are still some EV options in the $30,000 to $40,000 range.

As electric vehicle shoppers become more practical and price-conscious, inexpensive EVs are having a moment.

Affordable electric models are becoming a key piece of the auto industry's transition away from fossil fuels as demand for the more expensive models falls.

Automakers have returned to the drawing board this year on the EV plans, adding more hybrid options than before and promising more affordable EVs.

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Ford, for example, announced earlier this week it would be prioritizing smaller, more inexpensive EVs going forward. And GM said it would start selling more hybrids in North America as customers adjust to EVs.

While customers wait for these less expensive models to show up, we asked car-shopping website Edmunds for a list of the 10 cheapest electric vehicles going on sale this year.

Here are a few models you can find on dealer lots that won't break the bank.

MINI Hardtop 2-door

2023 MINI SE Resolute Edition
2023 MINI SE Resolute Edition is one of Mini's electric models.Bernhard Filser, MINI

Average sticker price (or MSRP): $30,900

Mini has a few different electric models, but the cheapest available is the 2-door Hardtop, with an average MSRP of $30,900, according to Edmunds.

Mini is also offering leasing deals on the SE Hardtop, which includes a $9,900 EV lease credit through the end of February.

Nissan Leaf

2024 Nissan LEAF
2024 Nissan LEAFJay K. McNally McNally Multi Media

Average sticker price: $32,165

Nissan's Leaf has been a pioneer of the EV segment for years. While its range and charging speeds have fallen behind its peers, it remains one of the most inexpensive options for a budget-minded electric-car shopper.

Fiat 500e

The new Fiat 500e for North America
The new Fiat 500e for North AmericaStellantis

Average sticker price: $32,500

Fiat-owner Stellantis announced last year that it would bring back the Fiat 500e for the North American market in the first quarter of 2024.

Hyundai Kona Electric

The Hyundai Kona Electric.
The Hyundai Kona Electric.Tim Levin/Insider

Average sticker price: $36,798

Hyundai is becoming a more popular brand among EV adopters since it added the Kona and Ioniq to the lineup. Both vehicles provide sleek looks and an impressive range at lower prices than luxury competitors.