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Best cheap electric cars: 2024's most affordable EVs

  • Regularly updated list of the best cheap electric cars on sale
  • Could one of these tempt you into an affordable EV?
  • Running costs lower than equivalent petrol models

Written by Keith Adams Published: 17 February 2023 Updated: 9 February 2024

Electric vehicles (EVs) are really starting to take off in Britain. Since 2022, EV sales increased by 18%. Despite their popularity, though, electric cars are still more expensive to buy than their combustion-engined equivalents – so we’ve pulled together a list of the best cheap electric cars to get you behind the wheel of an EV affordably.

Thankfully, EVs are getting better, and prices are gradually falling which is just as well because the government’s 2035 ban on new petrol and diesel cars is looming large. The most important thing to remember when shopping is that deals are becoming increasingly common as supply is increasingly outstripping demand, meaning dealers and brokers are keen to discount certain models.

Our order of preference is based on a combination of price, ease of finding cheap finance and overall usability.

Best cheap electric cars

A great electric car that undercuts key rivals on price

MG has really come of age. The MG4 EV represents a huge leap forward for the brand because it combines its famed affordability with a genuinely engaging driving experience.

Our current car of the year doesn’t even feel that cheap. Sure there are some inexpensive plastics, but everything you interact with regularly feels solid.

Read our full MG4 EV review

Pros

  • Better than more expensive rivals
  • Good ride/handling balance
  • Accurate range predictor

Cons

  • Some cheap plastics inside
  • Touchscreen-led cabin can be fiddly

Upmarket(ish) electric hatch with a smooth drive

The Peugeot e-208 has been around since 2019 – and it’s starting to fall behind. Newer rivals (like the MG4 EV above) can offer more range, better comfort and a more attractive price tag.

But, the e-208 is a likeable EV that boasts a superb cabin that’s packed with clever tech and expensive-feeling materials. As far as zero-emission cars to pose around town in, there are few better.

Read our full Peugeot e-208 review

Pros

  • High-quality cabin
  • Plenty of torque
  • Large boot

Cons

  • Firm ride
  • Inconsistent steering

Cheeky looks and a long-range for such a small car

The Fiat 500 Electric offers both style and substance. It has a maximum official range of more than 200 miles and a design fit for a Milanese postcard.

It’s also great fun to drive and surprisingly responsive despite just having 118hp to play with. We struggled to fault it when we tested it.

Read our full Fiat 500e review

Pros

  • Wonderfully stylish
  • Quick and fun to drive
  • Long range for a small car

Cons

  • Not that practical
  • Expensive options

A value-focused, battery-powered load-lugger

The MG5 has a simple mission statement. It’s a flexible and affordable electric estate. It isn’t perfect, mind – the boot size is average at 578 litres, and there’s a big drop from the opening down to the boot floor.

But, when compared to similarly priced electric hatchback rivals, the rear looks like an aircraft hanger.

Read our full MG5 EV review

Pros

  • Lots of standard kit
  • Sensible real-world range
  • Agreeable ride

Cons

  • Uncomfortable seats
  • Slightly impractical boot

Odd name, decent car that's well-priced

The BYD Dolphin is a good car that’s missing out on that last little bit of polish. However, considering you’re getting a very practical hatchback with a decent real-world range and, in the case of 60kWh models, punchy acceleration for less than £30k, a few rough edges are forgivable.

We also like the interesting design and appealing materials inside, while the ride is more comfortable than many rivals. Given the bargain pricing, it’s well worth considering.

Read the full BYD Dolphin review

Pros

  • Terrific value and efficiency
  • Strong acceleration
  • Comfortable and spacious interior

Cons

  • Boot not the largest
  • Could be more fun to drive

Clever driver-assistance tech and a good electric range

In what is becoming a running theme in this list of the best cheapest electric cars, here’s another MG. This time, it’s the Nissan Qashqai-sized ZS EV.

It sacrifices interior quality, badge appeal and a dash of refinement for a long electric range, strong performance and good practicality. Is it exciting to drive? No. Will it make your neighbours jealous? Probably not. But who cares at this price?

Read our full MG ZS EV review

Pros

  • Seven-year warranty
  • 273-mile official range
  • Five-star safety rating

Cons

  • Low-rent cabin
  • Not exciting to drive

Retro looks and a sharp driving experience

The MINI Electric’s tiny 32.6kWh battery means you won’t want to stray too far from home in it – and the rear seats are only really big enough to store coats and handbags.

But it makes up for these foibles with sharp handling, punchy performance and a surprisingly low price tag.

Read our full MINI Electric review

Pros

  • Sporty handling
  • Quick acceleration
  • Easy to use

Cons

  • Three-door only
  • Real-world range is lacklustre

Falling off the pace, but at least it’s cheap!

What’s left to be said about the Nissan Leaf? It’s been around since 2011, and more than 500,000 have now been built. It even has a good electric range of more than 200 miles. But now it’s starting to feel a little long in the tooth.

The cabin looks dated while newer, cheaper rivals offer longer ranges. Nissan has pulled the price down to reflect that, though, which we respect.

Read our full Nissan Leaf review

Pros

  • Easy to drive
  • Clever one-pedal driving mode
  • Quiet

Cons

  • Outdated infotainment
  • Lots of rivals with greater ranges

A well-priced alternative to established electric hatchbacks

The GWM Ora 03 (or Ora Funky Cat as it used to be called) is a fun little EV. It has an unusually colourful and plush interior for a car of this size, and it represents excellent value for money.

Every model features a dual-screen infotainment system, electrically adjustable seats, dual-zone climate control and a 360-degree parking camera. We’d have liked a bit more space in the boot, though – 228 litres is pitiful. The infotainment is also a tad befuddling.

Read our full GWM Ora 03 review

Pros

  • Plush interior
  • Well-equipped
  • Stylish inside and out

Cons

  • Tiny boot
  • Not that fun to drive

A good electric car tainted by a zero-star safety score

It’s a shame about the Zoe. When Euro NCAP retested it back in 2021, its lack of active driver aids dragged its score down from five to zero stars.

However, it’s still a very affordable EV with an impressive electric range and decent practicality. And it’ll still be safer than a used car.

Read our full Renault Zoe review

Pros

  • Long driving range
  • Quiet around town
  • Smaller but roomier than a Clio

Cons

  • Uncomfortably high seating position
  • Zero-star Euro NCAP score

Verdict

This concludes our guide to the most affordable electric cars on sale in the UK. Prices are steadily falling and we reckon there’s likely to be a car in here that will suit your needs. Just remember that EVs won’t suit everyone – they’re great for people doing shorter journeys with an urban focus and for those who can easily charge up at home.

If you do longer journeys, erratic distances and don’t have off-street charging, you may be better off sticking with a petrol, diesel or hybrid car for a while longer.

Read on for popular questions about affordable electric cars.

How long ’til EVs come as cheap as conventional cars?
Most observers reckon it’ll happen before the middle of the decade – so stay tuned as we update this guide in the coming months. The direction of travel is clear to see: prices of batteries are falling, production is rising, and demand is soaring… EVs are inexorably getting cheaper!

How can I check electric car prices in the UK?
The Parkers specs pages list the recommended retail prices for every make and model of car sold today – and it’s updated automatically, so you can browse different EVs and see how much they cost.

Will EVs hold on to their value?
All the signs are that you shouldn’t worry too much about the residual value of electric cars. We’ve driven 100,000-mile-old Teslas, and they still work just fine – in fact, the batteries are likely to outlast the cars themselves. Even the cheapest EVs typically have an eight-year warranty on the battery packs, so we recommend you can buy in confidence.

Which cheap electric cars should I avoid?
We’d steer clear of electric quadricycles like the Renault Twizy, which is really a glorified e-bike. It’s fine if you want an urban runaround but is pretty impractical and a little bit daunting on the open road…

Where can I read more about the cheapest electric car choices?
Check out the guide by our sister website Carmagazine.co.uk for further advice.