Database / Rankings / Best EVs under $40,000
Best EVs under $40,000
The affordable end of the electric market, ranked by EPA range. Proof that you no longer need $60k to get a genuinely good EV. Updated October 2026.
| # | Vehicle | Range & price | Price |
|---|---|---|---|
| 1 |  Tesla Model 32026 · BEV | 363 mi · $36,990 | $36,990 |
| 2 |  Tesla Model Y2026 · BEV | 357 mi · $39,990 | $39,990 |
| 3 |  Hyundai Ioniq 62025 · BEV | 342 mi · $37,850 | $37,850 |
| 4 |  Kia EV32027 · BEV | 321 mi · $29,890 | $29,890 |
| 5 |  Ford Mustang Mach-E2026 · BEV | 320 mi · $37,795 | $37,795 |
| 6 |  Chevrolet Equinox2026 · BEV | 319 mi · $34,995 | $34,995 |
| 7 |  Kia EV62026 · BEV | 319 mi · $37,900 | $37,900 |
| 8 |  Hyundai Ioniq 52026 · BEV | 318 mi · $35,250 | $35,250 |
| 9 |  Toyota bZ2026 · BEV | 314 mi · $34,980 | $34,980 |
| 10 |  Honda Prologue2026 · BEV | 308 mi · $39,900 | $39,900 |
| 11 |  Subaru Uncharted2027 · BEV | 308 mi · $34,995 | $34,995 |
| 12 |  Nissan LEAF2026 · BEV | 303 mi · $29,990 | $29,990 |
| 13 |  Nissan ARIYA2025 · BEV | 289 mi · $39,770 | $39,770 |
| 14 |  Subaru Solterra2027 · BEV | 288 mi · $38,495 | $38,495 |
| 15 |  Toyota C-HR2026 · BEV | 287 mi · $37,080 | $37,080 |
| 16 |  Subaru Trailseeker2027 · BEV | 281 mi · $39,995 | $39,995 |
| 17 | Chevrolet BOLT2027 · BEV | 262 mi · $28,995 | $28,995 |
| 18 |  Hyundai Kona2025 · BEV | 261 mi · $32,875 | $32,875 |
| 19 |  Volvo EX302026 · BEV | 261 mi · $38,950 | $38,950 |
| 20 |  Kia Niro2026 · BEV | 253 mi · $39,700 | $39,700 |
| 21 |  Toyota bZ4X2025 · BEV | 252 mi · $37,070 | $37,070 |
| 22 |  Fiat 500e2026 · BEV | 149 mi · $35,700 | $35,700 |
Specs: U.S. EPA via fueleconomy.gov, model years 2025–2027. Prices are verified starting MSRP before destination.