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EV Buying Guides · Jul 16, 2026

Best EVs under $40,000

You do not need to spend big to go electric. These EVs deliver real range and features under $40k.

You do not need to spend big to go electric. These EVs deliver real range and features under $40k.

EVs mentioned
Tax credit
Chevrolet Equinox EV CC BY-SA 4.0
Chevrolet Equinox EV
$35,000 · used from $28,000
319 mi EPA · SUV
EPA + mfr data
69
Tax credit
Volkswagen ID.4 CC BY 2.0
Volkswagen ID.4
$43,995 · used from $22,000
275 mi EPA · SUV
EPA + mfr data
65
Nissan Leaf CC BY-SA 4.0
Nissan Leaf
$29,000 · used from $10,000
212 mi EPA · Hatchback
EPA + mfr data
56
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