The era of affordable electric vehicles is just about here, with eight of the 10 cheapest EVs on the market starting below the $40,000 mark. Even better, the prices quoted here don’t include incentives, rebates, or other discounts, so your real-world purchase price could be even cheaper. If you’re wondering why the Volkswagen ID.4 isn’t on this list (the 2024 model would tie for tenth), it’s because the 2024 model is soon to be replaced by the 2025 model, which gets a significant price increase., The next-gen Chevrolet Bolt, Tesla Model Q, Rivian R3, Jeep Renegade EV, and several more affordable electric cars are coming to the U.S. between 2025 and 2027., The Affordable New Electric Cars Coming In 2025, 2026 And Beyond Several electric cars under $35,000 are on the horizon from brands like Volvo, Tesla, Ford and Jeep..