World’s Cheapest Electric Cars (2020)

Industry Leaders Magazine has curated a list of the world's cheapest electric cars you can splurge on in 2020.



At present, cheap and electric cars is an anomaly. Electric vehicles may be fuel-efficient and eco-friendly, but the price factor has pushed the vehicles in the aspirational category. The battery technology has to advance much more for the costs to fall before electric cars become a popular option with the eco-conscious citizens. It is said that it will take another five years for the electric vehicles (EVs) to be priced at par with fuel-run cars.

Cheapest Electric Cars – 2020

A new vehicle in the U.S. costs on average $35,000. We bring you a list of the five cheapest cars in the market when the Federal levy of $7500 is factored in. The electric car models from Tesla and General Motors will be losing this tax credit as this benefit will be phased out for models that sell more than 200,000 units.  

 

Ora R1

Ora R1

Chinese automobile manufacturer Great Wall Motor has built the electric Ora R1, which is touted as the world’s cheapest EV car with a price range of $8.6K to $11k. The car has a maximum run time of 351 Km and runs on a 35 KW motor.

 

Fiat 500e

Fiat 500e

This Italian electric car is a stylish compact car. It runs just 84 miles on one charge, but it gets a steady 121/103 MPGe. It takes 4 hours to get fully charged.  It comes with Bifunctional Halogen Projector Headlamps, Fog Lamps and Daytime Running Lamps. It has heated reclining front seats, which include a memory feature that remembers the position of the seats. So you only need to set them once. There is a sunroof. The dashboard is fully automated with digital connects and an access App. It has automatic temperature control. Safety features are all advanced with pedestrian and reverse warnings and seven airbags. Fiat 500 E is available in California and Oregon at the moment. Fiat Chrysler Automobiles will start manufacturing Fiat 500 E in Italy in 2020, and the car will be marketed in 2021 earliest. It retails beginning from $33,500.

 

Nissan Leaf

Nissan Leaf

The Nissan Leaf is the best-selling electric vehicle with over 400,000 cars sold globally. Nissan has brought in a new model of Nissan Leaf in 2019 called the Leaf Plus. The standard model of Nissan Leaf delivers 150 miles per charge, whereas the Leaf Plus travels 226 miles. The Leaf comes with automatic braking and high-end infotainment systems. All news reports have talked of the Nissan Leaf’s roomy interiors and mileage at the price, but its interiors have been found wanting and are below par compared to other cars in the same category. The Nissan Leaf plus comes with better upholstery and bigger infotainment display. It is fitted with a 62 kWh battery and a 160 Kw motor. The base price is $30,885 and is $23,385 after the federal tax credit. The starting price for Leaf Plus in Europe is €45,000.

Hyundai Ioniq Electric 

Hyundai Ioniq Electric

Hyundai Ioniq Electric offers 124-193 miles of range and can charge to full in about four and a half hours on a 240-volt charger. It comes with a 100 kW motor. It has a high safety rating. It has automatic emergency braking, pedestrian warning, headlights with dynamic bending and driver attention warning, and seven airbags.  Its infotainment is high-end with a 7-inch touch screen, Apple carplay, satellite radio, Bluetooth, and heated front car seats. The base price is $30,700 ($23,200 after the rebate) 

 

2019 Kia Soul EV 

2019 Kia Soul EV

The Kia Soul scores on utility, space, value for money, and safety features. Its interiors are attractive. The Kia Soul EV has an 8-inch touch screen infotainment system and also smartphone connectivity. It gives 111 miles or 179 km on a single charge. Its navigation system is high-tech with advanced driver assistance systems, it also has a forward collision-avoidance assist with HUD (head-up display). The Soul EV is powered by a 27 kWh lithium-ion polymer battery pack. It has wrap-around LED rear lamps. It comes in seven colors. The Kia Soul got an upgraded version in 2020.  Kia completely redesigned the Soul for the 2020 model year. The 2020 Kia Soul EV is available in some global markets and will reach the U.S. shores in late 2020. The Kia Soul retails at around $33,950.

Anna Domanska
Anna Domanska is an Industry Leaders Magazine author possessing wide-range of knowledge for Business News. She is an avid reader and writer of Business and CEO Magazines and a rigorous follower of Business Leaders.

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