Here's a List of All of the Electric Vehicles Available on the U.S. Market

It’s not a great time to get a deal on a car. Prices are high. Inventory is low. Some models are backordered. Dealers aren’t likely to negotiate. Interest rates on loans are higher.

Modest-income buyers being priced out of new-vehicle market

The average new car price in the U.S. was $45,927 in March, according to Kelley Blue Book. If you could get a $7,500 tax credit on a new car, it would help, right?

With gas prices going through the roof, more people are looking to electric cars. There are more electric models to choose from than ever, and lots of them are eligible for a federal tax credit of up to $7,500.

How to Find EV Charging Stations Near You

There’s nothing easy about the IRS tax code, so before plunking down the price of a new EV, check with a tax professional and read up on it first. The credit only applies to the first 200,000 eligible vehicles sold by an automaker, and companies like Tesla (TSLA) – Get Tesla Inc Report and GM (GM) – Get General Motors Company Report have already passed that point. Plug-in hybrids also can qualify for the credit, so Toyota (TM) – Get Toyota Motor Corp. Report is approaching the 200,000 limit, too.

There may also be state and local tax credits or incentives for an EV purchase where you live.

Here are 30 electric cars now available new on the U.S. market as of April 2022. There are economical ones, SUVs, trucks and luxury cars for every taste. We included their sticker price followed by the cost if you got the full federal tax credit.

Nissan Leaf

Starts at: $27,400
After $7,500 tax credit: $19,900
Horsepower: 147
Combined fuel economy: 111 MPGe
Estimated range: 149 miles

7 mini hardtop electric SHUTTERSTOCK — MINI USA

Mini Cooper SE

Starts at: $29,900
After $7,500 tax credit: $22,400
Horsepower: 181
Combined fuel economy: 110 MPGe
Estimated range: 114 miles

Chevrolet Bolt EV

Starts at: $31,500
After $7,500 tax credit: Does not qualify
Horsepower: 200
Combined fuel economy: 120 MPGe
Estimated range: 259 miles

Mazda MX-30

Starts at: $33,470
After $7,500 tax credit: $25,970
Horsepower: 143
Combined fuel economy: 92 MPGe
Estimated range: 100 miles

Chevrolet Bolt EUV

Starts at: $33,500
After $7,500 tax credit: Does not qualify
Horsepower: 200
Combined fuel economy: 115 MPGe
Estimated range: 247 miles

Hyundai Kona Electric

Starts at: $34,000
After $7,500 tax credit: $26,500
Horsepower: 201
Combined fuel economy: 120 MPGe
Estimated range: 258 miles

Kia Niro EV

Starts at: $39,990
After $7,500 tax credit: $32,490
Horsepower: 201
Combined fuel economy: 112 MPGe
Estimated range: 239 miles

Volkswagen ID.4

Starts at: $40,760
After $7,500 tax credit: $33,170
Horsepower: 201
Combined fuel economy: 99 MPGe
Estimated range: 260 miles

Kia EV6

Starts at: $40,900
After $7,500 tax credit: $33,400
Horsepower: 167
Combined fuel economy: 117 MPGe
Estimated range: 232 miles

Hyundai Ioniq 5

Starts at: $43,650
After $7,500 tax credit: $36,150
Horsepower: 168
Combined fuel economy: 110 MPGe
Estimated range: 220 miles

2021-Mustang-Mach-E-GT-Performance-Edition_03 — Ford

Ford Mustang Mach-E

Starts at: $43,895
After $7,500 tax credit: $36,395
Horsepower: 266
Combined fuel economy: 103 MPGe
Estimated range: 247 miles

Audi Q4 e-tron

Starts at: $43,900
After $7,500 tax credit: $36,400
Horsepower: 295
Combined fuel economy: 95 MPGe
Estimated range: 241 miles

Tesla Model 3

Starts at: $44,990
After $7,500 tax credit: Does not qualify
Horsepower: 283
Combined fuel economy: 132 MPGe
Estimated range: 272 miles

Polestar 2

Starts at: $45,900
After $7,500 tax credit: $38,400
Horsepower: 231
Combined fuel economy: 107 MPGe
Estimated range: 270 miles

Tesla Model Y Long Range

Starts at: $53,940
After $7,500 tax credit: Does not qualify
Horsepower: 480
Combined fuel economy: 122 MPGe
Estimated range: 330 miles

Volvo XC40 Recharge

Starts at: $55,300
After $7,500 tax credit: $47,800
Horsepower: 402
Combined fuel economy: 85 MPGe
Estimated range: 223 miles

BMW i4 eDrive40

Starts at: $55,400
After $7,500 tax credit: $47,900
Horsepower: 335 hp
Fuel economy: 109 city / 108 highway
Estimated range: 301 miles

c40 recharge 2022 volvo NOT XC40 — Volvo

Volvo C40 Recharge

Starts at: $58,750
After $7,500 tax credit: $51,250
Horsepower: 402
Combined fuel economy: 87 MPGe
Estimated range: 226 miles

Audi e-tron

Starts at: $65,900
After $7,500 tax credit: $58,400
Horsepower: 402
Combined fuel economy: 78 MPGe
Estimated range: 222 miles

Rivian R1T

Starts at: $67,500
After $7,500 tax credit: $60,000
Horsepower: 600+
Combined fuel economy: 70 MPGe
Estimated range: 260+ miles

Jaguar I-Pace

Starts at: $69,900
After $7,500 tax credit: $62,400
Horsepower: 394
Combined fuel economy: 76 MPGe
Estimated range: 234 miles

Rivian R1S

Starts at: $72,500
After $7,500 tax credit: $65,000
Horsepower: 600+
Combined fuel economy: N/A
Estimated range: 260+ miles

Lucid Air Pure

Starts at: $77,400
After $7,500 tax credit: $69,900
Horsepower: 480
Combined fuel economy: N/A
Estimated range: 406 miles

Porsche Taycan

Starts at: $82,700
After $7,500 tax credit: $75,200
Horsepower: 321
Combined fuel economy: 79 MPGe
Estimated range: 200 miles

BMW iX xDrive50

Starts at: $83,200
After $7,500 tax credit: $75,700
Horsepower: 516
Fuel economy: 86 city/87 hwy
Estimated range: 324 miles

18 model S tesla performance plaid Tesla — Tesla

Tesla Model S

Starts at: $94,990
After $7,500 tax credit: Does not qualify
Horsepower: 670
Combined fuel economy: 120 MPGe
Estimated range: 405 miles

Tesla Model X

Starts at: $98,940
After $7,500 tax credit: Does not qualify
Horsepower: 670
Combined fuel economy: 102 MPGe
Estimated range: 348 miles

Mercedes EQS

Starts at: $102,310
After $7,500 tax credit: $94,810
Horsepower: 329
Combined fuel economy: 97 MPGe
Estimated range: 350 miles

Audi e-tron GT

Starts at: $102,400
After $7,500 tax credit: $94,900
Horsepower: 469
Combined fuel economy: 82 MPGe
Estimated range: 238 miles

GMC Hummer EV Pickup

Starts at: $110,295
After $7,500 tax credit: Does not qualify
Horsepower: 1,000
Combined fuel economy: N/A
Estimated range: N/A

Other EVs Coming Soon:

The Toyota bZ4X

Toyota

Toyota’s new bZ4X starts at $42,000, but is currently available only in some states and in extremely limited quantities, according to Toyota. Toyota is also reaching the threshold of EV sales this summer that will disqualify the company for the federal tax credit, Electrek reports.

The 2022 Ford (F) – Get Ford Motor Company Report F-150 Lighting is on the market starting at $39,974, but Ford has closed orders for it for 2022. Ford EVs are still eligible for the $7,500 tax credit.

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Subaru’s Solterra, starting at $44,995, is coming this year.

The Mercedes-Benz EQE is coming in the mid part of this year, priced around $85,000-$100,000, according to Consumer Reports.

Genesis will start delivering its GV60 EV this year, priced somewhere around $55,000, according to Car and Driver.

Later in 2022, look for the Fisker Ocean (FSR) – Get Fisker Inc Class A Report, Lexus RZ and the VinFast VF8 and VF9.

The Cadillac Lyriq comes in early 2023.

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Here’s a List of All of the Electric Vehicles Available on the U.S. Market

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