Looking for affordable electric cars under $50K? Here are the EV SUVs that fit your budget!

Discover the cutting-edge electric crossover SUVs crafted by renowned automakers, ushering in a new era of accessible electric vehicles. Leading the pack is the remarkable 2023 Volkswagen ID.4, revolutionizing the market with its starting price of only $38,790. Boasting a rear-wheel-drive configuration and equipped with a 62-kWh battery pack, the ID.4 Standard delivers an impressive range of 208 miles, making it a compelling option for budget-minded individuals. What’s more, these exceptional electric cars under $50K are proudly manufactured in Chattanooga, Tennessee, embodying quality and innovation.

Not only does the 2023 Volkswagen ID.4 outshine its competitors like the 2023 Toyota BZ4X, the 2023 Subaru Solterra, the Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, and the Tesla Model Y, but it also undercuts their prices. This makes it a top contender for those seeking the best electric cars under $50K.

While the Nissan Leaf and Chevy Bolt EV hatchbacks have been popular choices for budget-friendly electric cars, the 2023 Bolt EV takes the crown as the most affordable option, starting at less than $27,000.

Now, let’s delve deeper into the specifications of these electric cars under $50K.

Volkswagen ID.4:

  • Powertrain: Choose between single-motor rear-wheel drive or dual-motor all-wheel drive, with battery pack options of 82 kWh or 62 kWh.
  • Output and range: The ID.4 Standard boasts 201 horsepower and a range of 208 miles, while the ID.4 Pro offers 280 miles of range and 112 MPGe.
  • Charging: Level 2 charging takes about 7.5 hours, while Level 3 DC fast-charging reaches 80% in just 38 minutes.
  • Price: The base ID.4 Standard model starts at $38,790, making it an attractive option for budget-conscious buyers.

Subaru Solterra:

  • Powertrain: Dual-motor all-wheel drive with a 72.8 kWh battery pack.
  • Output and range: Enjoy 215 horsepower, 249 lb-ft of torque, and a range of up to 228 miles.
  • Charging: Level 2 charging takes approximately 13 hours, while Level 3 DC fast-charging can reach 80% in less than an hour.
  • Price: The base Premium model is priced at $46,220, including the $1,225 destination charge, making it a competitive choice.

Toyota BZ4X

  • Powertrain: Single-motor front-wheel drive or dual-motor all-wheel drive, with battery pack options of 71.4 kWh or 72.8 kWh.
  • Output and range: The base XLE model offers 201 horsepower, 196 lb-ft of torque, and an EPA-estimated range of 252 miles. Dual-motor models provide 214 horsepower, 248 lb-ft of torque, and a range of up to 228 miles.
  • Charging: Level 2 charging takes around 13 hours, while Level 3 DC fast-charging enables 80% charging in just 30 minutes.
  • Price: Starting at $43,215, the BZ4X offers great value for an electric SUV.

Hyundai Ioniq 5:

  • Powertrain: Choose between single-motor rear-wheel drive or dual-motor all-wheel drive, with a 77.4 kWh battery pack.
  • Output and range: The single-motor model delivers 225 horsepower, 258 lb-ft of torque, and an impressive range of 303 miles. The dual-motor AWD model offers 320 horsepower, 446 lb-ft of torque, and a range of up to 269 miles.
  • Charging: Level 2 charging takes approximately 10 hours, while Level 3 DC fast-charging can provide an 80% charge in about 18 minutes.
  • Price: Starting at $41,500, the Ioniq 5 offers a blend of style, performance, and affordability.

Ford Mustang Mach-E:

  • Powertrain: Choose between single-motor rear-wheel drive or dual-motor all-wheel drive, with battery pack options of 68 kWh or 88 kWh.
  • Output and range: The base Select model delivers an impressive 266 horsepower, 317 lb-ft of torque, and a generous range of up to 230 miles. On the other hand, the extended-range AWD model takes it up a notch with an exhilarating 346 horsepower, 428 lb-ft of torque, and an extended range of up to 305 miles.
  • Charging: Level 2 charging takes approximately 10 hours, while Level 3 DC fast-charging can provide an 80% charge in about 38 minutes.
  • Price: Prices for the Mustang Mach-E start at $42,895 for the Select model, offering a sporty electric SUV at an affordable price.

Chevrolet Bolt EV:

  • Powertrain: Single-motor front-wheel drive with a 65 kWh battery pack.
  • Output and range: Enjoy 200 horsepower, 266 lb-ft of torque, and a range of up to 259 miles.
  • Charging: Level 2 charging takes around 7.5 hours, while Level 3 DC fast-charging reaches 80% in approximately 30 minutes.
  • Price: With a starting price of less than $27,000, the Bolt EV remains a strong contender in the affordable electric car market.

These are just a few of the outstanding electric cars and SUVs available for under $50K. With their affordable prices, impressive features, and range capabilities, they make going electric an attractive choice for a wide range of buyers. Whether you prioritize affordability, performance, or cutting-edge technology, there’s an electric SUV that fits your needs and budget. So, leap into the electrified future and start enjoying the benefits of driving an environmentally friendly and cost-effective electric vehicle.

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