The Cheapest Ford Electric Cars, Trucks, And SUVs For 2024

Ford has emerged as an EV underdog in the past few years, releasing models ranging in price, specs, and overall performance ability. Up until now, the brand sees itself slowly growing its electric powertrain options, with SUVs, trucks, and even work vehicles now swapping out gasoline for charging systems.

For 2024, though, it’s worth mentioning Ford has great options for you in the EV space, especially with its Mach-E lineup and F-150 Lightning truck. Although not all of these will necessarily be “cheap” in their higher trims, compared to much of the electric car market, Ford does tend to fall into the middle ground regarding its pricing.

In this post, we’ll cover the electric models Ford currently offers to you, as well as rank them from most to least expensive. Remember, you still get a federal tax credit for Ford models, so your savings may outweigh the initial cost of making the big electric dive! It’s the year of electric cars, and with Ford, you don’t have to break the bank. Let’s dive in.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Ford and other authoritative sources, including Car and Driver and Motor Trend. The Models below have been ranked based on their starting MSRP.

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1 2024 Ford F-150 Lightning

Starting MSRP: $54,995

One of the more affordable EV pickup trucks on the market from Ford is the F-150 Lightning. Debuting in 2022, this model has become a top choice because of its price and quality. Inside a 2024 version of this EV pickup, you have a 98-131 kWh lithium-ion battery boasting between 240 and 300 miles of range per full charge.

There are five unique trims to choose from this year as well: Pro, XLT, Flash, Lariat, and Platinum. You can expect your top-performing F-150 Lightning to be the Lariat and Platinum trim levels. Ford has generally been a middle-ground price point for gas and electric model shoppers, although some of its EV pricing may surprise you (in a good way).

What’s New For 2024?

2022 Ford F-150 Lightning Alaska testing — Ford

This model year sees a few changes, with the most noticeable ones being the newly-introduced Platinum Black special edition, which offers the Lightning in a matte-black wrap plus dark 22-inch wheels, a dark grille, and matching badging.

Moreover, we get the ‘Flash’ trim added to the F-150 Lightning family, offering you top-line technology bundled in an affordable package that includes the larger 15.5-inch infotainment screen and Ford’s Blue Cruise driver-assistance feature. Ford has also been running continued deals on its electric pickup truck, as sales have slowed in favor of hybrids, so that’s good leverage when you arrive at the dealership.

Trims Breakdown

	Highlighted Feature	Price
Pro	98 kWh lithium-ion battery, 462 horsepower, and 240 miles of range.	$54,995
XLT	98 kWh lithium-ion battery, 462 horsepower, and 320 miles of range.	$64,995
Flash	131 kWh lithium-ion battery, 580 horsepower, and 320 miles of range.	$73,495
Lariat	131 kWh lithium-ion battery, 580 horsepower, and 320 miles of range.	$79,495
Platinum	131 kWh lithium-ion battery, 580 horsepower, and 300 miles of range.	$84,995

(Table data sourced from Ford)

Performance Specs

Motor	Dual electric motor
Transmission	Four-speed automatic
Horsepower	462 to 580 horses
Torque	775 pound-feet
Driveline	All-wheel drive
0-60 MPH	4.2 seconds
Top Speed	~107 MPH
Towing Capacity	5,000-8,500 pounds
Payload Capacity	1,657 to 2,235 pounds

(Table data sourced from Ford and MotorTrend)

Again, for what you’re getting, the 2024 Ford F-150 is a great choice for those wanting something luxurious-feeling but not necessarily overly priced in lower trims.

Pros

Quicker than the 700-horsepower Raptor R in 60 MPH testing.
Spacious cabin and impressive passenger seating.
Resembles the gas-version of F-150.

Cons

Higher trims, like Platinum, don’t offer the best range.
Lower than expected towing range.
Higher MSRP in deluxe trims than the previous gen.

2 2024 Ford E-Transit

MSRP: Starting from $51,490

The next step closer to Ford’s cheapest electric model this year is the 2024 E-Transit cargo van. Not only has this been a longtime favorite for companies and laborers, but the E-Transit continues to evolve into the next generation of true work-friendly EV design.

Boasting a 68.0-kWh lithium-ion battery that’s good for up to 126 miles of driving, the E-Transit is a nice choice for short-distance cargo and travel. You also have other models on the market that aren’t quite as passenger-friendly compared to the Ford E-Transit, so this is great for small businesses relying on it for everyday work.