Electric vehicles (EVs) are increasingly being embraced by consumers, yet they still represent a minor part of the overall automobile market, holding just a 6.8% share in the United States after more than 20 years of development in both vehicle technology and charging infrastructure. A primary concern hampering wider adoption is “range anxiety,” which refers to the worry that drivers may not find adequate charging stations to reach their destinations. However, as charging stations become more accessible and the range of EVs continues to expand, this concern is expected to lessen. To assist potential buyers, automotive experts have put together a list of five electric vehicles that boast the highest ranges, all available for under $50,000. The featured models include specific trims and setups that provide the best range at the most affordable prices.
The range figures provided are based on a combination of estimates from the EPA and manufacturers. The automotive experts have conducted independent range tests that can be accessed on their website. The prices mentioned below encompass destination fees.
2025 Chevrolet Equinox EV
The Equinox EV stands out with its remarkably low starting price, making it both budget-friendly and practical. Chevrolet projects its range to be around 319 miles, aligning with the EPA’s estimate for the 2024 version equipped with a similar powertrain. The 2025 model is noteworthy for its reduced starting price despite having fewer features and slightly enhanced power. Nevertheless, it comes equipped with several important driver-assistance technologies as standard, including automated emergency braking and rear parking sensors.
Equinox LT FWD price: $34,995
2024 Ford Mustang Mach-E
The Mach-E boasts a maximum EPA-estimated range of 320 miles, which makes Ford’s iconic electric vehicle a practical choice. While its charging speed may lag behind some competitors in this price bracket, it offers a more engaging driving experience. The hatchback design and lower ride height strike an appealing balance between a sedan and an SUV. A selection of powertrains is available, ranging from a more powerful GT model to a shorter-range option that is more economical. Overall, the Mach-E is an attractive blend of enjoyment and utility for consumers.
Mach-E Premium Extended Range RWD price: $48,990
2025 Hyundai Ioniq 6
The Ioniq 6 features an impressive up to 342 miles of EPA-estimated range and starts at below $44,000, presenting an excellently utilitarian electric sedan option. Its compatibility with advanced quick-charging technology is particularly appealing, allowing recharging from 10% to 80% in under 18 minutes. Furthermore, a full battery can be achieved in less than seven hours with a home charger. Although Edmunds has validated Hyundai’s charging capabilities, it’s important to note these numbers can vary depending on conditions. The distinct styling of the Ioniq may not suit everyone, yet Hyundai provides reassurance with its 10-year/100,000-mile powertrain warranty.
Ioniq 6 SE RWD price: $43,850
2024 Tesla Model Y
The Model Y from Tesla was among the first all-electric SUVs on the market and continues to act as a benchmark for this category. It offers an EPA-estimated range of up to 320 miles. The vehicle’s practical design includes ample storage behind the second-row seats, a convenient underfloor storage compartment, and even a front trunk. The Model Y is especially suited for long-distance travel due to Tesla’s well-established network of Supercharger fast charging stations across the nation, which are easy to access.
2025 Model Y Long Range Rear-Wheel Drive price: $44,990
2024 Tesla Model 3
Significant updates have been implemented in the Tesla Model 3 for the 2024 model year. The Long Range Rear-Wheel Drive variant is projected to achieve 363 miles on a full charge, which well exceeds the average daily requirements for most drivers. Moreover, the Model 3 has proven to be one of the most energy-efficient electric vehicles on the market, consuming less electricity per mile than many other models. Beyond its considerable range, the Model 3 also provides brisk acceleration, excellent handling, and a combination of luxury and affordability wrapped in a modern design.
2024 Model 3 Long Range Rear-Wheel Drive price: $42,490
Each vehicle featured on this list provides over 300 miles of range, which meets the typical needs of most users. It’s essential to remember, however, that maximum range can fluctuate due to factors such as cold temperatures, challenging terrain, and aggressive driving habits.