THESE ARE THE CHEAPEST ELECTRIC CARS FOR SALE RIGHT NOW!

EV Channels Review

This video explores the landscape of the cheapest new electric cars available in the US as of May 2022, with a critical eye on pricing, tax credits, and overall value. The hosts emphasize that even the most affordable EVs remain significantly more expensive than comparable gasoline-powered cars, and the federal tax credit's limitations mean not everyone can fully benefit. While highlighting cars like the Nissan Leaf and Chevrolet Bolt EV as accessible options, they also point out their respective drawbacks, such as outdated charging standards or slow charging speeds. The Mazda MX-30 is heavily criticized as a compliance car with poor range and charging. The Mini Cooper SE is praised for its driving dynamics but deemed a "cheap car for rich people." The Hyundai Kona Electric emerges as a strong contender, requiring no excuses. The Ford F-150 Lightning Pro is lauded as an incredible value proposition, provided it can be purchased at MSRP, though availability is a major issue. The Kia EV6 and Hyundai Ioniq 5 are recognized as desirable and capable EVs on a modern platform, with the Ioniq 5 slightly undercutting the EV6. The Volkswagen ID.4 is recommended for its usability and comfort, especially with upcoming local production. The Mustang Mach-E is seen as a decent car for non-enthusiasts but overshadowed by the ID.4 in lower trims. Finally, the Tesla Model 3, though slightly over the initial price cap, is acknowledged for its performance, charging network, and strong resale value, despite the removal of the mobile connector and lack of tax credits. The overarching conclusion is that new EVs are still expensive, and while progress is being made, a truly affordable EV market is still some way off, making used EVs a more viable option for many.