As electric vehicles go mainstream, prices continue to drop while range and quality continue to increase.
, prices are inching ever closer to parity with internal combustion engine vehicles. That said, forward thinking buyers already know that many EVs will be cheaper in the long run, given that generally speaking there are fewer parts to fail and the electricity costs to charge them are far cheaper than gasoline.
As a brand new slice of an emerging market segment, the latest group of inexpensive EV offerings vary wildly in capability and even how they're built. Some are based on ICE vehicles, while others utilize ground-up platforms specifically tailored to electric vehicles. To help offer insight about the current crop of EVs and what you're likely to actually pay for them, we've compared them using ourFair Market Price .
With that in mind, let's take a look at the most inexpensive electric vehicles currently available in the U.S.Ford's first foray into the EV market. Built from the ground up to compete with the likes of the Tesla Model 3 on an equal footing, the Mach-E may ruffle enthusiast feathers by using the Mustang name, but there's no denying it decisively achieves Ford's objectives. Loaded with impressive technology including the Co-Pilot360 Assist 2.
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