Some electric cars offer everything you need at the price of your gas-powered car. Then comes the EVs that offer amazing performance, long-range, and athletic driving. These EVs offer a sleek modern design, a feature-rich spacious cabin, and loads of advanced tech. Modern-day EVs offer incredible driving thanks to their instant torque delivery and offer rapid acceleration response. What good of a car will it be if it doesn’t cater to your wild driving needs and fits under budget? They offer impressive driving with good performance and offer a long driving range with fast charging tech. Here are the top 10 electric cars under $40,000 in 2023.
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10. Smart ForTwo – $23,900
The Smart ForTwo features an impressive design, a cool interior, and decent performance. While some may take it as a compact electric car, others will love its cool fancy design and impressive performance. The ForTwo comes with a single electric motor that makes 80 hp of power with front-wheel drive. The EV offers a range of 50 miles on a single charge with its 12-kWh battery.
9. Chevrolet Bolt EV – $26,500
The 2023 Chevrolet Bolt EV packs an interesting deal with its modern exterior design, spacious cabin, and offers a good driving experience. The all-electric Bolt EV offers almost everything you ask with its aggressive price tag offering a decent performance and unique driving with good comfort. The Bolt electric comes with a single electric motor that makes 200 hp of power and delivers a range of 259 miles on a single charge. The EV offers responsive handling with decent ergonomics and offers DC fast charging support that can add 100 miles in just 30 minutes of charge.
8. Chevrolet Bolt EUV – $27,800
The 2023 Chevrolet Bolt EUV features a sleek modern-looking exterior, a comfortable spacious cabin, and provides good performance. The Bolt EUV packs a roomier cabin with almost all the needed features. The EV is good for both budget-friendly buyers and small families offering a decent performance for the price. The Bolt EUV comes with a single electric motor that makes 200 hp and offers a range of 259 miles on a single charge. The EV’s sturdy performance and decent driving range make it among the top 10 electric cars under $40,000 in 2023.
7. Nissan Leaf Electric – $28,040
The 2023 Nissan Leaf features a cool and modern exterior design and offers ample performance with sturdy driving. The Leaf EV delivers decent comfort and lively performance that is on par with gas-powered vehicles. The hatch packs a spacious and comfortable cabin offering all the features you need. The Leaf EV packs a single electric motor that makes 147 hp and delivers a good ride. The EV packs a 40-kWh battery and offers an impressive range of 200 miles with fast charging support.
6. Mazda MX-30 – $33,470
The 2023 Mazda MX-30 features a modern exterior design and offers a feature-rich interior and impressive driving. The Mazda ticks all the boxes with its sleek looks and offers a great ride with decent comfort. The MX-30 comes with a single electric motor that makes 143 hp of power. The SUV packs a 30.0-kWh battery and provides a driving range of 100 miles on a single charge. The EV can accelerate from 0-60 mph in 8.7 seconds and under a decent performance under budget. The Mazda MX-30 delivers a distinct driving experience with decent comfort and is among the top 10 electric cars under $40,000 in 2023.
5. Hyundai Kona Electric – $33,550
The 2023 Hyundai Kona electric features a modern-looking design, a feature-rich cabin, and offers a pleasant performance. The Kona EV packs a nicely-appointed cabin fitted with comfortable seats and loads of advanced features. The EV comes with a single electric motor that makes 201 bhp and delivers an excellent driving range of 258 miles per charge. The Kona EV offers 240V DC Fast Charging, can charge from 10-80 percent in just 48 minutes, and offers excellent efficiency. Thanks to its affluent performance, the EV offers likable driving among the top 10 electric cars under $40,000 in 2023.
4. Mini Cooper SE – $34,225
The 2023 Mini Cooper SE features an affluent design and offers a decent performance with loads of modern tech and comfort. The electric hatch packs a feature-rich cabin fitted with advanced technology and a comfortable interior. The Mini electric packs a single electric motor that makes 184 hp and offers a range of 114 miles per charge. The EV also offers a 32 kWh battery that can juice up to 80 percent in just 36 minutes with the 50 kW charger. The Mini Electric delivers a decent ride and a good range and is among the top 10 electric cars under $40,000 in 2023.
3. Volkswagen ID.4 – $38,995
The 2023 Volkswagen ID.4 features a cool-looking exterior design and offers supreme performance, with plenty of sportiness. The ID.4 packs a practical and spacious cabin and offers loads of tech and good seating. The VW ID.4 comes with two electric motors that make 295 hp of power with standard all-wheel drive. The ID.4 provides a driving range of 275 miles on a single charge and offers DC fast charging support that can juice up the car in 45 minutes. The electric SUV offers an impressive conveyance with good efficiency making it among the top 10 electric cars under $40,000 in 2023.
2. Kia Niro EV – $39,450
The 2023 Kia Niro EV features a stunning design and offers a sweet performance packed with fluid throttle delivery. Apart from a cool design, the EV offers a nicely-appointed cabin with plenty of space and offers loads of comfort. The Niro EV offers a single electric motor that makes 201 hp with a range of 239 miles on a single charge. The Kia Niro electric offers great performance with agile driving and is among the top 10 electric cars in $40,000 in 2023.
1. Fiat 500e – $40,000
The upcoming 2024 Fiat 500e features a sleek design and a new electrified powertrain and offers a decent drive for the price. The electric 500 packs a single electric motor that makes 118 hp and 168 lb-ft of torque. The 500e delivers a range of over 150 miles thanks to its 32.3 kWh battery. The compact hatch offers a good city ride with plenty of comforts thanks to its good cabin and comfortable seats.