The number of pure electric cars available is rapidly increasing, with more options in more sizes and price ranges than ever before. That’s good news for anyone considering making the switch to green motoring, as the cost of an EV is often less than that of a gas-powered model, and maintenance costs are far lower.
There are also a number of incentives that can make the switch even more affordable. For example, new EV models often qualify for an IRA tax credit that can reduce the purchase price by up to $7,500 [2]. Similarly, the battery-powered cars in this article typically qualify for a federal plug-in vehicle rebate of up to $9,000 [3].
Some of the most popular new EVs on the market are Tesla’s Model 3 and Model Y sedans and SUVs, which offer the best balance of performance and utility for most drivers. They’re able to easily handle a full week of commuting on a single charge, and their long-range capabilities are ideal for weekend road trips. Other high-profile EVs available for purchase include the Hyundai Ioniq 5 and Nissan Leaf, both of which can be purchased for significantly less than the Model 3. For those looking to enjoy the green benefits of an EV without spending a fortune, there are a number of low-cost used models to consider as well, including the Chevrolet Bolt and Kia EV6.
As the demand for EVs continues to grow, other manufacturers are beginning to roll out their own offerings as well. Some of these are dedicated EV brands, such as Tesla and Nissan, while others like BMW, Mercedes, and Genesis have adapted their existing car lines to go electric.
One of the most notable developments in 2024 is the debut of a new generation of electric pickup trucks. The Chevrolet Silverado EV offers truck buyers a rugged and powerful alternative to conventionally powered models, with enough range to do a full workday on a single charge. Meanwhile, the Taycan from Porsche boasts a jaw-dropping 422 miles per charge and uses a clever active suspension that can tilt the car like a motorcycle to help it lean into corners.
The Honda Prologue is another midsize EV that offers buyers a blend of versatility and eco-friendliness. It’s the second EV from the Japanese automaker (following the Clarity EV), and is a collaboration with General Motors, which provides the car’s platform and batteries.
Drivers who need to regularly commute long distances may prefer a larger or more spacious model that can easily accommodate extra passengers and cargo. Additionally, those who plan to use DCFC stations frequently on their journeys should opt for a new or used model that supports that type of charging. Currently, only the Tesla Supercharger network offers DCFC capability, but public stations supporting CHAdeMO or CCS are slowly appearing across the country. Buyers can use this tool to determine which EVs are compatible with their local charging networks.