EV buyers will be spoiled for choice over the next few years, with more than 100 EV models hitting showrooms. New cars and trucks are coming in all shapes, sizes and prices, and here are some of the most affordable electric vehicles coming in 2023.
It is important to note that “affordable” is relative, and what is affordable for one person is not the same for another. That said, while most EVs cost upwards of $65,000, and trucks like the Rivian R1T easily cost upwards of $80,000 or more, anything around $40,000 is pretty affordable.
While the list below is certainly not the list of all EVs coming in 2023, it will give you a good idea of the options available over the next 12-18 months here in North America. We’ve rounded up a list of all-electric cars, trucks and SUVs coming in 2023 that you could actually afford.
Hyundai IONIQ 6
There are a lot of electric vehicles on the way. Our list won’t go in any particular order, and we start with the Hyundai IONIQ 6 EV. Over the summer, Hyundai began teasing the all-new IONIQ 6 electric sedan, then officially unveiled the sleek and futuristic new vehicle in July. And even if it will arrive on the European market before the end of the year, it will not arrive in the United States until 2023.
This car certainly has a unique look that won’t suit everyone, but you might think otherwise once you see the specs and the price. The Hyundai IONIQ 6 is the brand’s second electric car, has a unique “aerodynamic” style, but will offer one of the best ranges in its class, reaching nearly 382 miles on a charge with the largest 77.4 long-range battery. kWh.
It uses Hyundai’s E-GMP 800V platform, which also powers electric vehicles from Kia and Genesis, and the most affordable model is expected to offer around 280 miles per charge and an estimated retail price of $44,000. The company has yet to confirm pricing, but Hyundai is often more affordable than most competitors.
Chevy Equinox EV (and the Blazer EV)
Chevrolet has big plans for its wildly popular Equinox and Blazer vehicles as they go electric. The less expensive of the two, the Chevy Equinox, has a futuristic design and chic interior, along with some traditional crossover design cues. The base model should offer around 250 miles on a charge. While Chevrolet will have several versions available, the LT1 should start around $30,000, making it one of the most affordable EVs, not including federal tax incentives.
However, we expect the more expensive RS2 version to hit the streets first, so keep that in mind when it debuts around summer or fall 2023. Anyway , Chevy is betting big on the Equinox EV, and we’ll learn more next year.
Next, Chevrolet will also launch its exciting new Blazer EV in 2023. The Chevy Blazer EV will come with three different battery sizes offering a range of between 247 miles and 320 miles per charge. You can choose front, rear, or all-wheel drive, enjoy a 17-inch infotainment screen and 11-inch gauge cluster screen, and go between 250 and 320 miles on a charge. .
The bow-tie brand has confirmed that its new Blazer EV will go on sale in 2023, starting at $45,000.
Jeep launched its first all-electric vehicle in September and will be available in 2023. The new electrified Jeep Avenger SUV is a compact yet capable vehicle, albeit front-wheel-drive only, and should deliver around 249 miles on a single charge. .
According to Jeep, the Avenger will have a lot to offer in a small package. It will run on a 400-volt electric powertrain system, and those using a 100kW DC fast charger will see a 20-80% charge in less than 25 minutes. It’s a rugged SUV that slips under the Jeep Renegade.
Unfortunately, we don’t know when (or if) it will arrive in the United States. That said, it will be available to European buyers in early 2023 for around EUR 30,000-40,000, which means we could see a similar price of $30-40,000 in the US.
Chevy Silverado EV
According to GM, the Silverado EV was “designed from the ground up to outrun the competition,” and it will have to do just that, given the lead Ford has had with its F-150 Lightning electric truck.
The Chevrolet Silverado EV is the next big electric truck outing, and it’s going to be a big deal for GM. The company says it will go 400 miles per charge depending on the trim, have 4-wheel steering, two-way charging, towing over 20,000 pounds and more.
The Silverado EV made its official debut earlier this year, but it won’t be released until spring 2023. Unfortunately, the first model to arrive will cost over $100,000, but we’re expecting a more affordable base. Chevy Silverado EV will start at $40,000 by summer or fall 2023.
Even though we see price increases and more expensive versions starting at $50,000, that’s still $30,000 less than the Rivian R1T electric truck.
The KIA EV9 is expected to be a stylish yet affordable 3-row electric SUV that will arrive in 2023. And while the photo above is a teaser image of the concept unveiled in 2021, prepare for a more traditional-looking vehicle similar to the gas-powered KIA Telluride SUV.
Although we’ve seen a few spy photos of the KIA EV9, we still don’t know much. The company hopes to launch the first full-size three-row EV SUV for small budgets. Unfortunately, we don’t have any specs, estimated range, or price. That said, it’s clear that KIA wants to offer a compelling vehicle for the masses and would be aiming for a $55,000 price tag. However, don’t be surprised if early models or higher versions go over $70,000.
Nissan is looking to build on the success of its Leaf EV with the new 2023 Nissan Ariya. And while it was announced in 2020 for $47,125, it went on sale in 2022 for around $54,000. And while it’s not terribly affordable, it’s a decent price considering a lot of the competition.
The Nissan Ariya is sold out for the current year and reservations are closed. Most people won’t be lucky enough to buy one until 2023, which is why it’s on our list. The base model features an 87kWh battery, around 300 miles on a single charge, a sleek interior with sophisticated tech, and will likely stay north of $50,000 into next year.
The Subaru Solterra and Toyota bZ4X share a similar overall design, and they’re both technically available to buy now. That said, inventory is extremely limited and the Subaru Solterra will be hard to find until 2023.
The highly anticipated 2023 Solterra starts at $44,995 and comes in three trim levels: Premium, Limited and Touring. The Solterra comes standard with 8.3 inches of ground clearance, Subaru’s upgraded AWD system, sleek good looks and a 71.4 kWh battery capable of delivering almost 329 miles per charge. Remember that the most expensive AWD model only gets around 286 miles per charge.
Still, the Subaru Solterra is a great compact EV you’ll want to keep an eye on throughout 2023.
KIA Niro EV
Another solid option for EV buyers is the new 2023 KIA Niro EV, which comes as an all-electric vehicle or a plug-in hybrid variant. The second-generation Kia Niro EV has a base price of $40,745 (with destination charges), just a few hundred dollars more than the original. Unfortunately, this new model doesn’t qualify for the federal electric vehicle tax credit, but it’s still affordable.
Like the EV6, the KIA Niro is a great all-around package that will give you an EPA-estimated range of 253 miles. And while it’s not a ton, it’s not the most expensive EV on the market either. It’s powered by a 201 horsepower front-wheel-drive electric motor, and every trim level has the same battery size. It will be available towards the end of 2022 in all 50 states, which means you should be looking for one in early 2023.
While you can already find Volkswagen’s ID.4 electric car on the roads, the company has a new, improved US-built model that’s more affordable coming in 2023. Over the summer, VW has started to build its all-electric crossover in Chattanooga, Tennessee, and it will start at $37,495.
The US-built ID.4 has a slightly smaller battery to keep the price down, but the company managed to upgrade the interior, wheels and center console at the same time. It also has faster 170kW DC fast charging, and its 62kWh battery should travel around 208 miles per charge.
The new ID.4 is eligible for the $7,500 federal electric vehicle tax credit thanks to VW’s production move to the United States. Combine that with the low price; some could get this impressive crossover for just $29,995 before destination charges. That’s a lot more affordable than the original’s $41,000 price tag. This latest model just started shipping in October and will be widely available in early 2023.
Chevrolet Bolt EV/Nissan Leaf
Finally, we wanted to mention the Chevrolet Bolt EV and the Nissan Leaf. And although these two vehicles have recently received some changes in 2022 and for the 2023 model year, they will remain the most affordable electric cars in the future.
While technically you can buy the 2023 Chevy Bolt EV and Nissan Leaf right now, inventory is still somewhat low as these are by far the most affordable electric cars in the United States. With incentives, the Leaf could set you back around $21,000.
The all-new electric 2023 Chevrolet Bolt EV starts at just $25,600 and travels about 260 miles per charge. It’s an economical electric car you’ll definitely want to consider when shopping.
While I wanted to keep this list for all-electric vehicles, there are several plug-in hybrid electric vehicles that will also be offered at relatively affordable prices. We’re talking about the Kia Sorento PHEV, the little Dodge Hornet R/T hybrid and many others.
With a plug-in hybrid, you’ll have an all-electric vehicle that only travels about 20-70 miles per charge and a gas engine to fall back on. And while they’re not “all-electric”, it’s a good way for first-time buyers to test the electric waters.
Either way, car buyers will have more options than ever throughout 2023.
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