10 Cheapest Electric Cars

Fully electric vehicles have been getting cheaper, but the EV market has many premium models (at premium prices).

However, brands such as BYD, MG, and GWM have been pushing the entry-level price of an EV lower and lower.

Eventually, these vehicles will flow into the secondhand market, bringing more diversity than the current offerings.

Cheapest new EVs

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Last updated: 26 Apr 2024

Compare all new EVs

What is the cheapest electric vehicle with the longest range?

Comparing the range (WLTP) of an EV to its price allows for an assessment of a vehicle’s value in terms of price per km. Range (the distance the car will go on a single charge) is an important factor to consider – depending on the type of driving you do.

The comparison chart shows that sometimes it’s worth paying extra to get a larger battery, and that the cheapest variant isn’t necessarily the cheapest in terms of range.

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See the range vs price for all vehicles

Cheapest used EVs

The range listed is the theoretical maximum but is likely to be lower.

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Last updated: 26 Apr 2024

Compare used EVs

Are EVs cheap to run?

Fully electric vehicles have significantly lower maintenance costs and are substantially cheaper to ‘fuel up’. As most EV owners charge their vehicles at home, it’s essential to shop around for the power plan that suits best.

How much does it cost to charge an EV at home in NZ?

It depends on your power plan and the EV you own. Given a unit price of 0.25 per kWh, it costs around $4.00 per 100 km of travel to charge at home.

Some electricity providers offer free hours or heavily discounted night rates, lowering costs further.

Calculate the charging cost of any EV in New Zealand

Are EV charging stations free in NZ?

There are two types of charging stations: AC or DC. AC chargers are slower and often found at destinations such as shopping malls and car parks (charge while you are doing something else)

A small portion of these AC charging stations are free. However, they are often very busy.

DC fast charging stations are for your road trip. They are not free. Prices range from $0.50 to $0.85 per kWh, which equates to around $9 to $14.50 per 100 km of travel.

Latest EV market updates + new makes and models

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