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The 5 Most Affordable Electric Suvs You Can Buy In 2022 (Under $40K)

The 2023 Chevrolet Bolt EUV (LT) is the only electric SUV that costs less than $30,000!!

Most Affordable Electric Suvs You Can Buy In 2022

The EV industry is quickly developing, with vehicles delivering more mileage, quicker charging times, and higher horsepower. EV cars provide advantages such as reduced emissions, fuel and upkeep cost reductions, and tremendous torque. Many automakers are producing EVs priced under $40K to appeal to drivers interested in entering the EV market.

As EV mobility increases and costs decrease, additional EVs become available on the market each year. EV car owners may also take full advantage of internal revenue service incentives and payment issues to help offset the cost of their purchase.

Let us see the 5 most affordable electric suvs you can buy in 2022 (under $40k) here:

52022 Hyundai IONIQ 5 SE Standard

2022 Hyundai IONIQ 5 SE Standard Range

MSRP: From $39,950

The all-new Hyundai Ioniq 5 for 2022 has a strong motor, superb driving characteristics, and a large and pleasant cabin. This excellent SUV is fast, efficient, and quick for all drivers. It has a good range with quality handling features. The ride quality of the car enhances your comfort further. You can enjoy riding the car to the core. This Hyundai car offers you major demands for your investment. Hence, the vehicle fits your expectations and satisfaction without a second thought.


The car's minimalist look is appealing.

The broad rows

The seats are supportive and pleasant.

There is plenty of cargo room.

Features of technology that are simple to utilize

The car's dual-motor system allows for quick speed.

User-friendly interior designs are so appealing.


The rear visibility is somewhat limited.

The rear storage space is marginally less than the average grade.

The cabin's layout is straightforward.

42022 Kia Niro EV S

2022 Kia Niro EV S

MSRP: From $39,090

This electric vehicle offers you great comfort and reliability for a long time. It is worth the money and effort you spend. The vehicle is a pleasure to drive with a torque of 291 pound-feet. This vehicle ranked number one in the market for the second time consecutively. Yet another great advantage of the vehicle is its 10-year/100,000-mile warranty.


It has a good cargo room.

It exactly fits your lifestyle.

The versatility of the car is yet another demanding feature.

high-end design

Seating positions are enhanced.

Good range


only four-wheel drive

It sits low on the ground.

32022 Hyundai Kona Electric SEL

2022 Hyundai Kona Electric SEL

MSRP: From $34,000

The excellent range, entertaining driving, helpful technologies, and lengthy guarantee of the 2022 Hyundai Kona Electric make it an attractive option for entry-level EVs. This classic vehicle comes with five seating options and two models. The SEL model car is an exemplary model that each driver expects. The front-wheel drive and electric engine features of this Hyundai car are major highlights for a buyer.


The performance of the vehicle is top of the line.

Standard characteristics are plenty.

EV range of the vehicle is one of a kind.


Absence of all-wheel drive factor

22022 Mazda MX-30 EV (Base)

2022 Mazda MX-30 EV (Base)

MSRP: From $33,470, Range: 100 mi battery-only

This Mazda MX-30 EV is a great electric small vehicle with great riding features. This vehicle has massive space, front seats, and abundant specialties you like. This Mazda vehicle comes The Mazda MX-30 EV is a five-seater car with two model options.

The Premium Plus, which starts at $37,705 and comes with an electrical generator and front-wheel drive, is the most popular type. This MX-30 EV is expected to get 98 MPGe in city driving and 85 MPGe on the interstate.


There are no tailpipe emissions here.

There are several characteristics.

You can handle the vehicle like a sports vehicle in a comprehensive way.


The availability of the vehicle is limited.

The rear legroom is constrained.

12023 Chevrolet Bolt EUV LT

2023 Chevrolet Bolt EUV LT

MSRP: From $28,195

With a starting price of just $28,195 MSRP, the 2023 Chevrolet Bolt EUV (LT) is the only new electric SUV that costs less than $30,000 in the United States.

The Chevrolet Bolt EUV tackles the most common complaint among conventional Bolt EV buyers: a squeezing back seat. Its all-electric motor provides a long-range (247 miles) on a single charge and is simple to operate. This electric vehicle is an excellent choice for those customers that do not want to spend more on a new vehicle.


It has an excellent EV range for the price.

vivacious personality

The Super Drive semi-autonomous steering technology is available as an option.


There is no all-wheel drive.

The competition is increasing.

Cargo space is adequate.

The Bottom Line

You can review the information provided above to ensure your understanding. The information on this page has been thoroughly researched and compiled from reliable sources for your convenience.

Related: The 6 Cheapest Electric Cars You Can Buy In 2022 (Under $40K)

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Rank Company Country
#1 Volkswagen logoVolkswagen Germany
#2 Toyota logoToyota Japan
#3 Honda logoStellantis Netherlands
#4 Mercedes-Benz Group logoMercedes-Benz Group Germany
#5 Ford logoFord Motor United States
Rank Company Country
#1 Michelin logoMichelin France
#2 Bridgestone logoBridgestone Japan
#3 Continental logoContinental Germany
#4 Goodyear logoGoodyear United States
#5 Sumitomo logoSumitomo Japan