11 Electric Cars Under $50k: Best Value for Your Money

Electric Cars Under $50k

Electric cars have become increasingly popular in recent years for a good reason.

Not only do they offer superior environmental benefits compared to conventional gasoline-powered cars, but they’re also becoming more affordable.

Are you looking for affordable electric cars under $50k that won’t break the bank? If so, you’ve come to the right place. 

This blog post will explore the best electric cars under $50k that offer the best value for your money. From the luxurious Tesla Model 3 to the more affordable Nissan Leaf, there’s something here for everyone.

We’ll compare specs, features, and price points to give you a better idea of what kind of car you can expect for your budget.

So sit back, relax, and dive into the world of electric cars under $50k!

1. 2023 Ford Mustang Mach‑E

The 2023 Ford Mustang Mach‐E is the first on our list. It is an excellent choice for electric cars under $50k if you’re looking for a vehicle that offers great value for its price.

This stylish SUV packs plenty of power and convenience into its compact frame. This allows drivers to experience the fun of a traditional sports car with the added benefits of an electric powertrain.

The Mach‐E comes with an impressive range of up to 300 miles per charge, allowing you to travel long distances without worrying about finding a charging station.

It also has the option of fast charging, providing an 80% charge in as little as 30 minutes. The Mach‐E is equipped with a powerful engine, providing 335 horsepower and 429 lb-ft of torque. This makes it capable of accelerating from 0-60 mph in just 4.8 seconds.

In addition to its impressive performance, the Mach‐E has many features that make it an even more attractive option.

For example, it offers wireless phone charging and the SYNC3 infotainment system with Apple CarPlay and Android Auto.

Amazon Alexa integration allows you to access your music, navigation, and another information hands-free.

The Mach‐E comes in various trim levels, making it easy to find one that fits your budget. Prices start at $42,895 for the Select trim level, offering an impressive list of features for an affordable price.

The Mach-E is worth considering if you’re looking for great electric cars under $50k that won’t break the bank.

2. 2023 Kia EV6

The 2023 Kia EV6, which came second on our list of the best electric cars under $50kis an all-electric SUV ideal for those looking to enter the electric vehicle (EV) market without breaking the bank.

The EV6 offers an impressive range of up to 310 miles on a single charge and includes a fast charging time of 30 minutes.

It has a sporty design and comes with various premium features, making it one of the most sought-after electric cars under $50k on the market.

The interior of the EV6 is well-appointed, with an 8-inch touchscreen infotainment system and Apple CarPlay/Android Auto compatibility.

It includes a digital gauge cluster, heated and ventilated front seats, a power-adjustable driver’s seat, and wireless device charging.

Safety features include adaptive cruise control, blind spot monitoring, lane keep assist, forward collision warning, and automatic emergency braking.

In terms of performance, the EV6 comes with two electric motors that provide 201 horsepower and 258 lb-ft of torque. Acceleration from 0-60 mph takes just 6.2 seconds.

It also has a top speed of 115 mph, which makes it great for highway driving. The Kia EV6 is the perfect choice for electric cars under $50k.

With its combination of range, performance, and features, you can’t go wrong with this vehicle.

3. 2023 Hyundai Kona Electric

The 2023 Hyundai Kona Electric is an excellent option for electric cars under $50k. This compact SUV offers plenty of features, great performance, and a long-lasting battery.

The Kona Electric is powered by an electric motor with 201 horsepower and 291 pound-feet of torque, giving it plenty of power to tackle any terrain.

Its 64 kWh lithium-ion battery gives the Kona Electric an impressive range of up to 258 miles, making it one of the longest-range vehicles in its class.

It also has quick charging capability, with an 80% charge taking just 54 minutes when using a DC fast charger.

The Kona Electric has many great features, including an 8-inch touchscreen display with Apple CarPlay and Android Auto compatibility, heated front seats, and a sunroof.

It also has advanced driver assistance systems such as lane keep assist and blind spot detection, making it even safer on the roads.

The Kona Electric is excellent for those looking for reliable electric cars under $50k. With its powerful electric motor, long-range battery, and great features, you can be sure you’re getting your money’s worth.

4. 2023 Subaru Solterra

The 2023 Subaru Solterra is one of the best electric cars under $50k. With its all-wheel drive, excellent performance, and a range of up to 211 miles, this car is the perfect choice for those looking to save on gas and get a reliable, efficient ride.

The Solterra is powered by a 95-kWh battery, allowing it to achieve a range of up to 211 miles on a single charge.

It also has an impressive 0-60 mph time of 6.7 seconds, making it one of the quickest electric cars in its class.

Additionally, the Solterra comes standard with all-wheel drive, offering superior grip and stability in any condition.

Inside, the Solterra is equipped with various advanced technologies, such as the Subaru Starlink infotainment system, Apple CarPlay and Android Auto compatibility, and an 11.6-inch touchscreen display.

It also offers a full suite of driver-assistance features, including adaptive cruise control, lane keeps assisting, blind-spot monitoring, and automatic emergency braking.

Overall, the 2023 Subaru Solterra is an excellent choice for electric cars under $50k. Its performance, range, and advanced features make it an excellent value for your money.

5. 2023 Kia Niro EV

When it comes to electric cars under $50k, the 2023 Kia Niro EV offers great value for your money. This electric crossover is one of its class’s most efficient and stylish vehicles.

It boasts a range of up to 239 miles on a single charge and a spacious interior with plenty of cargo space. 

The Niro EV also has impressive acceleration, with a 0-60 time of just 6.5 seconds, making it ideal for daily commuting or weekend getaways.

Plus, with an estimated MSRP of around $37,000, it’s an excellent choice for budget-conscious buyers looking for a reliable electric vehicle. 

The Niro EV comes equipped with an array of tech features like wireless Apple CarPlay and Android Auto, a 10.25-inch touchscreen, advanced driver-assist systems, and a host of other creature comforts.

Overall, the 2023 Kia Niro EV is an excellent choice for affordable electric cars under $50k that offer great value for their money.

6. 2023 Hyundai IONIQ 5

The 2023 Hyundai IONIQ 5 is one of the best electric cars under $50k. This five-seat hatchback offers superior range, performance, and efficiency for its price.

With a sleek design, an all-electric powertrain, and the latest advanced technologies, the IONIQ 5 is an excellent value for those looking to upgrade their ride.

The IONIQ 5 packs a 58 kWh battery with an impressive range of up to 300 miles on a single charge.

This electric car is also incredibly efficient, with an EPA-estimated efficiency rating of 119 MPGe. The motor produces up to 215 horsepower, so you can enjoy serious acceleration when needed.

The IONIQ 5 also features cutting-edge technologies, including an 8-inch infotainment system with Apple CarPlay and Android Auto and a 12.3-inch digital instrument cluster.

In addition, this vehicle comes standard with a host of driver assistance systems such as lane keeping assist, blind spot monitoring, and automatic emergency braking.

If you’re in the market for affordable electric cars under $50k that don’t skimp on features and performance, then the 2023 Hyundai IONIQ 5 is definitely worth considering.

This model offers great value for your money and will undoubtedly provide you with many miles of dependable service.

7. 2023 Volkswagen ID.4

If you’re looking for electric cars under $50k, the 2023 Volkswagen ID.4 is a great option. This all-electric vehicle offers plenty of features and performance in an affordable package.

The exterior of the ID.4 is eye-catching and modern, with a bold front grille and smooth curves. Inside, you’ll find a spacious cabin with room for five passengers and plenty of cargo space.

It also comes with advanced technology like an 8-inch touchscreen display, Apple CarPlay and Android Auto compatibility, and a wireless charging pad for your smartphone.

Regarding performance, the ID.4 has a rear-wheel drivetrain that produces 201 horsepower and 229 lb-ft of torque.

That’s enough power to get you from 0-60 mph in just 7.2 seconds while still offering a range of up to 250 miles on a single charge. And thanks to its adaptive air suspension, the ride is smooth and comfortable.

Overall, the 2023 Volkswagen ID.4 is an excellent option for those shoppers of electric cars under $50k on a budget.

With its sleek design, comfortable interior, and impressive performance, it’s one of the best values under $50,000.

8. 2023 Toyota bZ4X

The Toyota bZ4X is one of the most exciting electric cars under $50k to hit the market in 2023. It offers an impressive combination of affordability and performance, making it an ideal choice for great-value electric cars under $50k.

The bZ4X is powered by a dual motor powertrain that gives it a total output of 302 horsepower and 332 lb-ft of torque.

This allows the car to accelerate from 0-60 mph in just 6.2 seconds, making it faster than many competitors in its price range.

The bZ4X also has a range of up to 300 miles on a single charge. You can easily drive from San Francisco to Los Angeles and back, making it perfect for those long road trips.

In terms of design, the bZ4X looks great inside and out. It features a sleek exterior design with a low-slung stance and a spacious interior cabin with plenty of head and legroom for all passengers.

Overall, the Toyota bZ4X is an excellent electric car that offers great value for money. With its powerful engine, impressive range, and attractive design, it’s no surprise that this car is gaining popularity among EV enthusiasts.

If you’re looking for an affordable electric vehicle with great performance and features, the Toyota bZ4X is definitely worth considering.

9. 2022 Tesla Model 3

The 2022 Tesla Model 3 is one of the most popular electric cars under $50k. It has an impressive range of up to 263 miles per charge and an efficient powertrain that can accelerate from 0 to 60 in as little as 3.2 seconds.

It also features a 15-inch touchscreen infotainment system with navigation, Wi-Fi connectivity, and driver-assistance features like automatic emergency braking and lane-keep assist. 

Inside the cabin, you’ll find plenty of room for passengers and cargo. Plus plenty of luxury features like heated seats, wireless phone charging, and more.

Whether for affordable electric cars under $50k or a luxury vehicle, the Tesla Model 3 offers excellent value.

10. 2023 Polestar 2

The 2022 Polestar 2 is one of the top-of-the-line electric cars under $50k that offers fantastic value for your money.

This vehicle offers a range of up to 292 miles on a single charge, and its all-wheel drive motor provides an incredibly powerful driving experience.

The interior cabin is spacious and well-appointed with high-end materials, while the exterior design is sleek and modern. 

The car boasts many driver-assist features, such as adaptive cruise control and lane-keeping assistance. This car retails for under $50,000 – making it one of the best values for an electric car today.

Whether you’re looking for a luxurious ride or a commuter vehicle that can save you money at the pump, the Polestar 2 should be at the top of your list.

11. 2023 Ford F‑150 Lightning

The 2023 Ford F-150 Lightning is an exciting electric vehicle option for those looking for cars that won’t break the bank.

With its base MSRP of $39,974, the Lightning is one of the most affordable electric cars under $50k on the market today.

The F-150 Lightning ranges up to 300 miles on a single charge. It’s powered by a rear-wheel drive system and features advanced battery technology, providing plenty of power and efficient performance.

The car is also equipped with some of Ford’s latest safety features, including lane-keep assist, adaptive cruise control, automatic emergency braking, and blind-spot monitoring. 

Regarding style, the F-150 Lightning has a modern, aerodynamic design that makes it stand out from the crowd.

It comes in various colors and wheel designs, giving you plenty of options. The interior features a spacious cabin with plenty of headroom and legroom for passengers. 

Overall, the 2022 Ford F-150 Lightning is an ideal electric vehicle option for those who want to get the most bang for their buck.

It offers impressive range and performance at an affordable price point. Its modern design and plethora of features make it an excellent choice for anyone looking for electric cars under $50K.

Conclusion

In today’s world, electric cars are becoming more popular than ever before. Finding the right electric car for you can be difficult with so many market options. 

That’s why we’ve done the hard work for you and have compiled a list of the best electric cars under $50k.

Whether you’re looking for a sedan, hatchback, or SUV, we hope this guide has helped you find the perfect electric cars under $50k; just for your budget. 

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