HomeBusinessAffordable Longest-Range Electric Vehicles Under $50,000

Affordable Longest-Range Electric Vehicles Under $50,000

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The automotive industry has seen significant growth in electric vehicles, with several models now offering impressive ranges under $50,000. The 2024 Tesla Model 3, 2025 Chevrolet Equinox EV, 2024 Ford Mustang Mach-E, 2025 Hyundai Ioniq 6, and 2024 Tesla Model Y are among the top contenders, boasting estimated ranges of up to 363, 319, 320, 342, and miles respectively. This shift towards eco-friendly transportation options is expected to continue as charging infrastructure expands.

Five of the Highest-Range Electric Vehicles Available for Less Than $50,000

1. 2024 Tesla Model 3

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The Model 3 sedan boasts an estimated range of up to 363 miles. It accelerates quickly, handles well, and brings together luxury and affordability in a thoroughly modern design.

2. 2025 Chevrolet Equinox EV

The Equinox EV is both affordable and practical, with an ultra-low starting price. Chevy estimates its range at 319 miles, which is not a formal EPA estimate but identical to what the EPA estimated for the Equinox with this powertrain for 2024.

3. 2024 Ford Mustang Mach-E

The Mach-E charges slower than other EVs in this price range, but it’s more engaging to drive than many competitors. Its hatchback body and low ride height represent a practical middle ground between a sedan and an SUV.

List of Longest-Range EVs

  • Estimated range: up to 363 miles

  • Price: $42,490 (Long Range Rear-Wheel Drive)

  • Features: ample surplus of miles for most people’s needs, accelerates quickly, handles well, luxury and affordability in a modern design

  • Estimated range: up to 319 miles

  • Price: $34,995 (Equinox LT FWD)

  • Features: affordable and practical, includes driver assist features like automated emergency braking and rear parking sensors as standard

  • Estimated range: up to 320 miles

  • Price: $48,990 (Mach-E Premium Extended Range RWD)

  • Features: attractive, fun, and utilitarian EV for the money, multiple powertrains available, including a more powerful GT version

4. 2025 Hyundai Ioniq 6

  • Estimated range: up to 342 miles

  • Price: $43,850 (Ioniq 6 SE RWD)

  • Features: best version can go up to an estimated 342 miles on a full charge, several versions available with different features

5. 2024 Tesla Model Y

  • Price: $44,990 (2025 Model Y Long Range Rear-Wheel Drive)

  • Features: standard bearer for small electric SUVs, offers decent storage behind the second-row seats and a handy rear underfloor storage area

Key Takeaways

  • Electric vehicles are growing in popularity but still make up a small percentage of total car sales.

  • Range anxiety is a concern for EV owners, but as charging stations proliferate and EV range increases, that fear should fade.

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