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Electric vehicles aren’t just a fad — they’re here to stay. A Pew Research Center report found that 39% of Americans are likely to consider an EV for their next car purchase. About 7% of adults currently own an EV or hybrid.
While sticker prices have risen across all types of vehicles, EVs cost more than their gas-guzzling friends. According to Kelley Blue Book, electric vehicles cost an average of about $65,000 as of April 2022. That compares with an average of about $52,000 for their counterpart, entry-level luxury cars and $44,000 for full-size cars. Non-electric compact cars average $26,000.
Not all EVs cost that much, though, and remember maintenance costs tend to be relatively minimal.
Following are some of the most affordable electric cars from the 2022 model year, according to Cars.com. Some of them qualify for a federal tax credit, which is worth up to $7,500 right now, assuming you are otherwise eligible for the credit.
Hyundai Ioniq 5
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Starting MSRP: $39,950
This crossover SUV can go up to 303 miles on one full charge. Depending on your commute, you could go weeks without charging your car.
It’s currently available for the federal tax credit.
Kia EV6
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Starting MSRP: $40,900
Fast-charging for 18 minutes can get you 217 miles with this SUV, which has a total range of 310 miles on a full charge and a dual-motor all-wheel drive. The Kia EV6 qualifies for the federal tax credit.
Volkswagen ID.4
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Starting MSRP: $41,230
This small SUV seats up to five people. Its range with a full, overnight charge is 275 miles, but a 10-minute stop at a fast-charging station can get you about 70 miles.
Currently, the 2022 ID.4 is not eligible for the federal tax credit, according to the U.S. Environmental Protection Agency (EPA), though the 2021 model is.
Ford F-150 Lightning
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Starting MSRP: $39,947
The F-150 Lightning can tow up to 10,000 pounds. This all-electric truck has a range of up to 320 miles on a full charge. Or, instead of hitting the road, Ford says it has the backup power to keep your home running for up to three days.
It also qualifies for the federal tax credit.
Kia Niro EV
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Starting price: $39,990
This crossover SUV gets about 293 miles on a full charge, though you can get about 100 miles’ worth in about 30 minutes at a fast-charging station.
It currently qualifies for the federal …….
Source: https://www.moneytalksnews.com/slideshows/10-of-the-most-affordable-electric-vehicles-in-2022/