10 Cheapest Electric Vehicles With Over 300 Miles Of Driving Range

Electric vehicle prices were rising at a much higher rate in 2022, but there’s comforting news on the horizon. Experts predict that battery-powered cars could become more affordable sooner due to the increasing competition within the EV industry, declining raw material prices, improved technology, and encouraging government incentives.

Nevertheless, the issue of purchasing power remains a concern for consumers, as most people strive to find the perfect balance between a top-quality EV and affordability. Consequently, anyone looking for EVs with the longest range might think twice (or maybe even more) before purchasing the 2024 Lucid Air, which promises ~410 miles on a single charge in higher trims. And even if you opt for the all-new Model 3, you can expect a price tag of $38,990 and up to 341 miles of range.

Again, the electric market has improved by leaps and bounds, with most models offering at least 250 miles of range in base trims. That said, hitting the 300-mile marker becomes a bit trickier for a good price in 2024, so this list is your guide to finding a car that fits your budget. We promise there are great EVs that boast 300 miles without breaking the bank!

Updated on February 15th, 2024: This list has been refreshed to reflect current EV offerings and pricing across the board. The content within this post has also been arranged from the most expensive EV with 300+ miles of range down to the cheapest, so keep that in mind. 2024 is a promising year for somewhat affordable electric models, and with current market trends, expect MSRPs to continue falling!

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Car and Driver, the EPA, and auto press releases. Each vehicle is ranked from the highest price point for 300+ miles to the lowest.

10 2024 Chevrolet Blazer EV RS – 324 Miles

Price – $60,215

If you’re looking for a super stylish, tech-loaded, and performance-driven mid-size electric SUV, the 2024 Chevy Blazer EV can be an ideal pick. With the 2024 Chevrolet Blazer EV release date set for summer 2023, the excitement is there for all the good reasons. First, let’s talk about range. The Chevy Blazer EV range of 324 miles is impressive, to say the least, especially when you consider the fact that it is a reasonably priced electric SUV.

To unlock its maximum driving range, you’d have to opt for the RS trim since the entry-level 1LT offers around 247 miles per charge. Also, the base trim (which starts at $44,995) will be available in early 2024. The RS comes standard with the option of front- or rear-wheel drive and an available all-wheel-drive variant (which will obviously decrease the range).

2024 Chevy Blazer EV RS Specifications

Table data sourced from Chevy

Although the official information about the horsepower figures and the size of the battery packs have not been released yet, we do know that the Blazer EV will use General Motors’ Ultium battery technology.

It’s equipped with an 11.5 kW onboard AC charger as standard, but the showstopper is the DC fast-charging capability of up to 190 kW, which can inject an impressive 78 miles of range in a brisk 10 minutes. As you would expect from Chevrolet, the Chevy Blazer EV comes loaded with safety assist features and advanced technology, making it an ideal choice for first-time EV buyers.

9 2023 Ford Mustang Mach-E Premium – 310 Miles

Price – $53,995

The 2023 Ford Mustang Mach-E is bound to impress you with its performance, swift responsiveness, remarkably roomy interior, and commendable range. When it comes to the 2023 Ford Mustang Mach-E range, there are different options at your disposal.

If you’re looking for the least expensive Ford Mustang Mach-E with a range of over 300 miles, the Premium trim with the extended-range battery is the best option. But keep in mind that the starting price of the Ford Mustang Mach-E Premium trim starts at $46,995 and comes with a 70 kWh standard battery capable of delivering approximately 250 miles range.

That’s why you’d have to opt for the 91 kWh extended-range battery for an additional $7,000. The total amount would be less than the 2023 Ford Mustang Mach-E California Route 1, which offers a range of 312 miles and starts at a slightly higher price of $56,995. We’re still waiting for the 2024 release of the Mustang Mach-E, so hang tight for those models and pricing.

2023 Ford Mustang Mach-E Premium Specifications

Table data sourced from Ford

The extended-range battery of the Premium RWD model powers an electric motor mounted on the rear axle, generating an impressive 346 horsepower and 317 pound-feet of torque. In addition, the Mach-E Premium boasts a potent fast-charging capability and accommodates 150 kW DC fast charging.

8 2024 Polestar 2 Long Range RWD – 320 Miles

Price – $49,900

The new 2024 Polestar 2 has been tastefully refined to make it a more agile, balanced, and fun electric sedan worth your bucks. We’re saying this confidence because the Polestar 2 has enjoyed a meteoric rise in sales since its debut. The 2024 Polestar 2 Long Range Single Motor model flexes its muscles with 299 horsepower and 361 pound-feet of torque (a considerable leap from the 2023 Polestar 2 base model’s 231 horsepower and 243 pound-feet of torque) and an expected range of 320 miles on a single charge.

2024 Polestar 2 Long Range RWD Specifications

Table data sourced from Polestar

These enhanced performance numbers for the 2024 Polestar base model are because the Swedish automotive company has employed an upgraded motor, inverters, and an increased battery capacity of 82 kWh. Moreover, the long-range single-motor model supports fast charging up to 205 kilowatts.

7 2024 Tesla Model Y Long Range – 310 miles

Price – $48,990

Built on the Tesla Model 3’s proven platform, the Tesla Model Y takes it a notch higher with its hatchback body style and slightly more spacious and elevated stature. Its quick steering reflexes, coupled with generous interior space and the super impressive range of 310 miles, make it a compelling option for those seeking an all-electric SUV. The Long Range variant is where most of the magic happens.

2024 Tesla Model Y Performance Model Specifications

Table data sourced from Tesla

It is equipped with a dual-motor all-wheel-drive setup capable of delivering 384 horsepower and 376 pound-feet of torque. Its acceleration is quite impressive as well, with a 0-60 mph sprint in a mere 4.4 seconds and a top speed of 135 mph. The utility is not sacrificed, as the Model Y can confidently tow up to 3,550 pounds with the available Class II tow hitch. Also, it’s worth mentioning Tesla’s reasonably priced and extensive Supercharger network, which the company claims can charge your EV up to 200 miles in just 15 minutes.

6 2023 Nissan Ariya Venture+ FWD – 304 Miles

Price – $47,190

The 2023 Nissan Ariya SUV can make a good first impression with its contemporary interior, astonishingly spacious cabin, confident handling, and high-tech driver assistance features. However, the standard range might leave you wanting. That is, until you move to the Nissan Ariya Venture+ FWD with its more generous 87 kWh battery pack unlocking an impressive driving range of up to 304 miles. It takes about 40 minutes to charge from 10 to 80 percent with a DC fast charger.

2023 Nissan Ariya Venture+ FWD Specifications

Table data sourced from Nissan

The Ariya Venture+ FWD is armed with a 178 kW AC synchronous electric motor that generates a commendable 238 horsepower and 221 pound-feet of torque. Moreover, the 2023 Nissan Ariya boasts a towing capacity of up to 1,500 pounds. While other electric SUV competitors may present themselves as stronger contenders in some areas, the 2023 Nissan Ariya makes a compelling case as an ideal EV for first-time buyers, especially those seeking a 300+ range from their EV.

The 2024 edition of this model has not been released *yet* although it is slated to be a carryover model. Therefore, not too many changes will be made to its interior or exterior.

5 2024 Tesla Model 3 Long Range – 341 Miles

Price – $46,990

The 2023 Tesla Model 3, one of Tesla’s hottest-selling EVs, is an excellent EV to own. This becomes even truer in 2024 with the recently redesigned ‘Highland’ series. Although competitors have stepped up their game, the Tesla Model 3 confidently holds its own, thanks to its exceptional performance, comfortable and tech-laden interior, and irresistible driving range. So, anyone craving the blend of power and an enviable range should consider the Model 3 Long Range AWD. You also get 341 miles of range for under $50,000 with this specific trim, which is pretty decent.

2024 Tesla Model 3 Long Range AWD Specifications

Table data sourced from Tesla

We’re recommending this because Tesla had to hit the pause button on selling the Long Range AWD because of the overwhelming demand. You also want to remember that with a 2024 model, you see the refreshed exterior and interior, with most drivers appreciating the better attention to materials and styling inside the sedan. You also have a sharper outside body, moving away from the fishbowl aesthetic Tesla has become known for.

4 2024 Kia EV6 Light Long Range RWD – 310 Miles

Price – $45,950

The 2024 Kia EV6 is a gem among the current electric vehicles on the market, serving as the perfect match for both first-time buyers and seasoned EV owners looking to upgrade. After all, the Kia EV6 generously offers stunning aesthetics, fast acceleration, immersive driving dynamics, a lavish interior, and an impressive driving range. Also, it boasts heated and ventilated front seats, a Meridian Premium Audio System, along with standard collision avoidance and safety assist features.

2024 Kia EV6 Light Long Range RWD Specifications

Table data sourced from Kia

And since the driving range is a critical factor for many potential EV owners, the 2024 Kia EV6 addresses this concern head-on with its RWD option. Equipped with a potent single Electric Drive Motor, it generates an admirable 225 horsepower and 258 pound-feet of torque. The larger battery pack provides an EPA-rated range of up to 310 miles, and the battery can be charged from 10 to 80 percent in just 18 minutes when using a 350 kW fast charger, adding 70 miles in less than 5 minutes.

3 2024 Hyundai Ioniq 6 SE RWD – 361 Miles

Price – $42,450

Many consider the 2024 Hyundai Ioniq 6 the best compact electric car, and we resoundingly echo the same sentiment. After all, the Ioniq 6 is a meticulously engineered all-electric mid-size sedan that nails nearly every detail to serve up an enticing blend of comfort and exciting behind-the-wheel fun. The shining star of the impeccably “balanced” 2024 Ioniq 6 is its staggering range of 361 miles in the SE RWD trim.

2024 Hyundai Ioniq 6 SE RWD Specifications

Table data sourced from Hyundai

Housing a beefy 77.4 kWh battery pack, this EV can be juiced up to 80 percent in a mere 18 minutes with DC fast charging of up to 350 kW, while a 50 kW DC station will have you road-ready in a respectable 66 minutes. Also, the impressively aerodynamic SE RWD trim doesn’t skimp on performance, packing a single-motor powertrain that generates a respectable 225 horsepower and 258 pound-feet of torque.

2 2024 Hyundai Ioniq 5 SE RWD – 303 Miles

Price – $45,850

Any praise we could sing of the 2024 Hyundai Ioniq 5 would fall short because it is one of the most popular electric crossover SUVs in the United States. You might be inclined to think, “Hang on, it’s in the same price range as the Ioniq 6 but falls short in range.” However, it’s essential to highlight that the Ioniq 5 trumps the Ioniq 6 in many ways. With its futuristic exterior and spacious interior coupled with a relaxed yet impactful everyday driving experience, it stands as a complete package that caters to a wide range of consumers.

Additionally, three out of the four available trims boast an impressive estimated range of 303 miles. And since you are specifically looking for the least expensive electric car with over 300 miles of range, the Ioniq 5 SE trim is your prime candidate. You want to choose a RWD trim for the best mileage.

2024 Hyundai Ioniq 5 SE RWD Specifications

Table data sourced from Hyundai

The SE trim features a larger battery pack of 77.4 kWh, which ensures an extended range. Additionally, its single motor generates a respectable 225 horsepower and 258 pound-feet of torque, providing adequate acceleration for most driving situations. Another notable highlight of the Ioniq 5 is the exceptionally fast DC fast-charging capabilities. When using DC fast charging at its maximum power of 175 kW, the all-electric Ioniq 5 SUV can be charged from 10 to 80 percent in approximately 18 minutes.

1 2024 Chevy Equinox EV 2LT – 300 Miles

Price – $34,995

General Motors discontinued the Chevy Bolt EV and EUV and slotted its modern, higher-performing, and exquisitely designed 2024 Chevy Equinox EV as the entry-level EV. Built on GM’s groundbreaking Ultium Platform, this all-electric SUV is ready to go head-to-head with both electric and traditional SUVs, all while sporting an enticingly modest price tag.

Though the base 1LT trim has a starting price hovering around a tempting $35,000, you’ll want to set your sights on the Chevy Equinox 2LT FWD trim to enjoy an estimated range of 300 miles on a single charge. The front-wheel drive Equinox EV features a single electric motor delivering an adequate 210 horsepower and 242 pound-feet of torque.

2024 Chevrolet Equinox EV 2LT Specifications

Table data sourced from Chevy

Now there’s no denying the 300-mile range alone is enough to turn heads, and as the most affordable 300-mile EV on the market, the 2024 Equinox EV doesn’t stop there. It boasts an ultra-modern and spacious interior that’s decked out with the latest technology. The Equinox EV is also a champ when it comes to charging solutions. Notably, DC fast-charging of up to 150 kW can inject around 70 miles of range in just about 10 minutes.

So, the only thing holding you back for now is the availability, as the Chevy Equinox EV 2LT model is slated for release in Spring 2024.