Best Electric Cars Under $50,000 in 2024

Electric cars are becoming popular. Technology has made EVs more affordable. Hence, it is the best time to make the switch. The latest models of electric cars in 2024 are built with advanced technology. Companies have extended the driving range. 

There are many affordable electric cars under $50,000. Each has its advantages. Some are luxurious, while others are rich in performance. A few have managed to balance both aspects. After a thorough research, we’ve listed some of the best electric cars under $50,000 for you. Let’s explore them together.

Ten Best Electric Cars in 2024

Tesla Model 3 Standard Range Plus

Electric Cars - Tesla Model 3 Std. Range Plus
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Tesla Model 3 Standard Range Plus is rich in tech features. The car comes with a great range. Moreover, it has good performance.

Price$29,990
Range358 km or 222 miles
Top-Speed225 km/h or 140 mph
Charging Time6 to 8 hours with a home charger and 30 minutes with supercharger
Battery Warranty8 years or 160,000 km, whichever is earlier
FeaturesAutopilot
Fifteen-inch touchscreen
Over the air updates

Hyundai Ioniq 5

Ioniq 5
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This electric car is under $50,000 and offers a futuristic design. It is full of modern tech features. Moreover, the EV has a spacious interior.

Price$45,000
Range450 km or 280 miles
Top-Speed185 km/h or 115 mph
Charging Time7 hours with home charger and 18 minutes with supercharger
Battery Warranty8 years or 160,000 km, whichever is earlier
FeaturesAugmented reality head-up display
Advanced driver-assistance systems12.3-inch digital cluster

Ford Mustang Mach-E

Mustand Mach E
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It is one of the best electric cars in 2024. It mixes technology with performance to deliver a sleek SUV-like package.

Price$48,000
Range370 km or 230 miles
Top-Speed180 km/h or 112 mph
Charging Time6 hours at home. The battery is charged 80% in 38 minutes with fast charging.
Battery Warranty8 years or 160,000 km, whichever is earlier
Features15.5-inch touchscreen
Wireless Apple CarPlay
Cableless Android Auto
Ford Co Pilot
360 driver assist

Chevrolet Bolt EV

Chevrolet Bolt EV
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If you’re planning for an electric car purchase, you should definitely check out the Chevrolet Bolt EV. It offers a great range. Besides, you get solid features at an affordable price.

Price$33,000
Range416 km or 219 miles
Top-Speed145 km/h or 90 mph
Charging Time6 hours at home and 30 minutes with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
Features10.2-inch touchscreen
Adaptive cruise control
Smartphone Wireless charging

Volkswagen ID.4

ID.4
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Volkswagen ID.4 is a stylish electric SUV with a good range. It is one of the best electric cars with many tech features.

Price$45,000
Range402 km or 250 miles
Top-Speed160 km/h or 99 mph
Charging Time7.5 hours with AC charging and 38 minutes for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
Features12-inch touchscreen
IQ-Drive driver assistance
Panoramic sunroof

Kia EV6

EV6
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Kia EV6 is one of the best electric cars under $50,000. This long-range vehicle comes with a modern design. The car has advanced tech features.

Price$48,500
Range528 km or 328 miles
Top-Speed185 km/h or 115 mph
Charging Time7 hours at home and 18 minutes for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
FeaturesTwo twelve-inch screens
Advanced driver assistance systems
Augmented reality navigation

Nissan Ariya

Best Electric Cars - Nissan Ariya
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Nissan Ariya offers a comfortable ride. With this electric car purchase, you get great tech and safety features.

Price$47,000
Range482 km or 300 miles
Top-Speed160 km/h or 100 mph
Charging Time7.5 hours with AC charging and 30 minutes for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
Features12.3-inch dual displays
Pro-Pilot driver assistance
Panoramic roof

Polestar 2

Best Electric Cars - Polestar 2
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Polestar 2 is a high-performance EV with a minimalist design. It is one of the best electric cars with powerful tech.

Price$46,000
Range480 km or 298 miles
Top-Speed205 km/h or 127 mph
Charging Time7 hours at home and 35 minutes for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
FeaturesGoogle powered infotainment system11.2-inch touchscreen
Semi-autonomous driving

BMW i4

i4
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BMW i4 delivers a premium driving experience. It is one of those electric cars in 2024 that are full of luxury features. Besides, it delivers a strong performance.

Price$49,000
Range480 km or 300 miles
Top-Speed190 km/h or 118 mph
Charging Time8 hours at home and 31 minutes for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
Features14.9-inch curved display
iDrive eight operating system
Advanced driving assistance

MG ZS EV

Best Electric Cars - MG ZS EV
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MG ZS EV is one of the most affordable SUVs in the list of electric cars under $50,000. It is a great car for those who’re looking for a powerful electric SUV.

Price$28,000
Range419 km or 260 miles
Top-Speed140 km/h or 87 mph
Charging Time8 hours at home and 50 minutes  for 80% with fast charger
Battery Warranty8 years or 160,000 km, whichever is earlier
Features10.1-inch touchscreen
360-degree camera
Panoramic sunroof

Conclusion

The blog contains the best electric cars available for under 50,000 USD in 2024. Each car is featureful. Besides, the range is excellent without any compromise to performance. These EVs provide options for different needs. The list has options for all preferences, ranging from luxury to affordability. However, you must consider critical factors like range and charging time before deciding.

Not a fan of Electric cars? Here are some of the best ICE cars to purchase within a budget price.

FAQs

What is the EV car of the year in 2024?

Hyundai’s IONIQ 5 N acquired a great response. It is a high-performance electric SUV. It received Car’s prestigious 2024 EV of the Year awards.

Can EV last 15 years?

The life of electric cars is the same as that of ice cars. Hence, they last for around 15 years or 180,000-200,000 km. However, as the battery of electric cars degrades with age.

What is the best-selling EV in 2024?

Tesla Model Y and BYD Song held the top spot in the first half of this year.

Is EV better than petrol?

Electric cars are better for the environment. Petrochemicals emit harmful gases in combustion. However, EVs produce fewer greenhouse gases and pollute comparatively less than petrol.

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