As steep tariffs threaten to drive up car prices and an incentive for buying electric vehicles nears its expiration date, electric vehicles and plug-in hybrids are becoming harder to afford.
For those looking to make the switch to electric on a budget, there are just a few low-cost options. Here’s a look at those available for under $35,000.
Nissan Leaf
2025 Nissan Leaf
(Nissan)
The 2025 Nissan Leaf starts at $28,140, according to the company website. The four-door compact sport-utility vehicle has a range of 212 miles and tops the list of the most affordable all-electric cars available in the U.S.
The Leaf, which originally hit roads in 2010, was the first mass-market electric vehicle, according to Nissan. It helped spur global interest in EVs and was the top-selling plug-in electric car until 2020, when it was surpassed by the Tesla Model 3.
According to the auto industry site Edmunds, a major disadvantage of the Leaf is its charging port, which is not compatible with many public chargers. Known as a CHAdeMO, the technology was once more common but is being phased out.
Edmunds also criticizes the Leaf for its small storage capacity and limited range, but lists comfort and a quiet ride as part of the car’s appeal. Nissan also sells the Ariya, an electric crossover SUV with a range of 289 miles and a starting price around $39,000.
Hyundai Kona Electric
2025 Hyundai Kona Electric
(Hyundai)
The 2025 Kona Electric has a manufacturer’s suggested retail price of $32,975. The SUV has a range of 261 miles and can charge from 10% to 80% in as little as 43 minutes with a direct current fast charger.
That’s slower than some of its rivals, according to Edmunds, which also cites the Kona for “lackluster” handling. The vehicle is easy to drive and park, however, and is a good value for its price, the site’s reviewer said.
Hyundai has been working on all-electric vehicles since 1991, when the automaker developed the Sonata Electric Vehicle for testing. Its first commercially available EV was the Hyundai BlueOn, in 2010.
Chevrolet Equinox EV
2025 Chevrolet Equinox EV
(General Motors)
The 2025 Equinox EV starts at $33,600, according to Chevrolet’s website. It has a 319-mile range and touts itself as “America’s most affordable 315+ mile range EV.”
The Chevrolet Blazer, another EV option from the American manufacturer, is one of this year’s top-selling EVs. At Camino Real Chevrolet in Monterey Park, electric vehicles make up about 20% of sales, according to dealership President Robb Hernandez.
Edmunds rated the Equinox EV a 7.5 out of 10 for performance, 8.5 out of 10 for comfort and a 10 out of 10 for range and efficiency. The car has more than 15 safety and driver assistance features.
Toyota Prius Plug-in Hybrid
2025 Toyota Prius Plug-in Hybrid in supersonic red
(Toyota Motor North America)
The 2025 Prius Plug-in Hybrid is priced at $33,375 and has 44 miles of battery power. After that, the car switches to gasoline.
The Prius Plug-in Hybrid is a particularly good value for drivers who don’t go more than 40 miles in one day and can charge frequently, said iSeeCars.com analyst Karl Brauer. Drivers without a home charger would have to navigate the public network, which can have long wait times. Imperfect charging infrastructure is a deterrent for some considering the switch to electric, Brauer said.
Toyota has revamped its Prius model, which once had a bad reputation for its appearance and low power. The Prius Plug-in has 220 horsepower and can accelerate from zero to 60 mph in less than 7 seconds.
Edmunds rated the Prius Plug-in Hybrid an 8.5 out of 10 for performance, 7.5 out of 10 for comfort and a 9.5 out of 10 for fuel economy.
Kia Niro Plug-in Hybrid
2025 Kia Niro Plug-in Hybrid PHEV
(Kia)
The 2025 Niro Plug-in Hybrid has an all-electric range of 33 miles and a starting price of $34,490. It is one of Kia’s three plug-in hybrid options, which also include the Sportage and the Sorento.
According to Edmunds, the Niro Plug-in Hybrid has impressive fuel economy and stylish interior design, but lacks all-wheel drive. Edmunds rated the model an 8 out of 10 for performance, an 8.5 out of 10 for comfort and a 8.5 out of 10 for technology.
Kia debuted its first EV for the commercial market in 2015 with the release of the electric Kia Soul.
Are more options coming?
The price of an EV is a significant barrier to a more complete transition to electric vehicles in the U.S., experts said.
The average price of a new electric vehicle in the U.S. is $56,910, according to the latest data from Kelley Blue Book, while the average price of a gas-powered car was $49,740 in late 2024.
Dealerships are still waiting to see the full effects of new auto tariffs, which are expected to jack up the price of imported parts. Kelley Blue Book predicted overall vehicle prices could increase as much as $6,000 as a result of the tariffs.
The higher price tag on EVs stems from expensive batteries and manufacturing. It can be pricier to insure an EV too — data collected by Insurify shows that EVs cost more than $4,000 to insure per year, 49% more than gas-powered cars. For first time EV owners, it can also cost up to $2,000 to install a home charger.
Still, depending on where you live and the type of driving you do, it can be cheaper in the long run to own an EV. The cost of electricity is generally less than filling up at the pump, experts said.
Vehicles that burn gasoline or diesel are a major contributor to human-caused climate change, experts said, and transitioning away from fossil fuels is key to a healthy climate. Drivers hoping to reduce their reliance on gas also have the option of a plug-in hybrid, which runs on both gas and electricity.
Chinese automaker BYD sells ultra low-priced fully electric models, but they are not available in the U.S. The BYD Seagull starts at less than the equivalent of $8,000.
“There’s this perpetual challenge for automakers trying to price EVs competitively, at a compelling price point that average people would go and buy them,” said Brauer, the analyst. If automakers are smart, he said, “they will keep it under $30,000, because with the loss of the incentive, there’s a real psychological benefit to be able to say you’re under $30,000.”
Ford’s answer to cheap Chinese EVs is a $30,000 electric pickup truck the company hopes to launch in 2027. The automaker this week said it will invest nearly $5 billion to build the truck and develop a smaller, lighter battery.
Slate Auto, a relatively new American automaker backed by Jeff Bezos, says it’s building a basic EV with a starting price between $20,000 and $30,000 before customization. The company originally advertised the vehicle at less than $20,000, but had to backtrack after President Trump eliminated a $7,500 tax credit for new electric vehicles. The incentive expires Sept. 30, and Slate says the vehicles will be available in late 2026.
Tesla analyst Dan Ives said he expects several less expensive EV models to drop in the next six months, including Tesla’s stripped down Model Y. Tesla has not confirmed the release date or price for the new Model Y.
The most affordable EVs already on the market usually don’t go as far on a charge as higher-priced ones, Ives said.
“They’re still worth buying,” he said. “They’re a very good value.”
