Electric vehicles (EVs) are no longer a niche for early adopters or luxury buyers. With more models hitting the market and prices gradually becoming more accessible, going electric is now an option for a wider range of drivers. From compact city cars to family estates and SUVs, there’s an EV to suit almost every need, without breaking the bank.
Using the latest manufacturer retail prices (OTR), we’ve rounded up the cheapest EVs currently available on the market, broken down by type, to help buyers make informed decisions.
In This Article:
EV Hatchbacks
Hatchbacks remain one of the most popular and affordable segments in the EV market. They are ideal for city commuters, first-time EV owners, or anyone looking for a practical, low-cost electric option.
- Dacia Spring: £14,995
- Leapmotor T03: £15,995
- Citroën e-C3: £20,595
- BYD Dolphin: £26,195
- MG4 EV: £27,245
The Dacia Spring and Leapmotor T03 stand out for their ultra-competitive pricing, making them among the most accessible EVs in the UK today. With compact dimensions and manageable range, these models are perfect for daily city driving, offering an affordable entry point into electric motoring.
EV Estate Cars
Estate cars provide a bit more space without sacrificing efficiency, appealing to families or those who need extra luggage room.
- MG5 EV: £30,995
- Peugeot e-308 SW: £32,195
- Vauxhall Astra Sports Tourer Electric: £34,705
- Skoda Enyaq: £40,110
- VW ID.7 Tourer: £52,240
The MG5 EV emerges as the standout budget estate, delivering electric practicality at a competitive price. Estates combine versatility with longer-range battery options, making them ideal for weekend trips or regular commuting.
EV SUVs
The rise of electric SUVs is undeniable, offering elevated driving positions, more interior space, and the practicality of a family vehicle.
- Citroën ë-C3 Aircross: £21,595
- Renault 4 E Tech: £23,445
- Hyundai Ioniq 5: £23,505
- Vauxhall Frontera: £23,995
- Jacoo E5: £27,505
- Jeep Avenger: £29,999
Electric SUVs like the Hyundai Ioniq 5 are increasingly popular, combining style, range, and modern tech features with accessible pricing. They are perfect for families who want the benefits of an EV without sacrificing space or comfort.
EV City Cars
City EVs are compact, efficient, and perfect for urban environments. Ideal for short commutes and easy parking, these vehicles are often the most affordable EVs available.
- Citroën Ami: £7,695
- Nissan Silence S04: £11,299
- BYD Dolphin Surf: £18,650
- Renault 5 E‑Tech: £22,995
- Fiat 500e: £25,035
- Mini Cooper Electric: £26,905
The Citroën Ami is notable for being the most budget-friendly EV on the market, offering an entry-level electric experience for under £8,000. City drivers can enjoy zero-emission mobility without the higher costs often associated with electric cars.
EV Convertible Cars
For drivers seeking open-air thrills, there are EV convertibles that combine style with eco-friendly technology.
- Smart EQ Fortwo Cabrio: £25,795
- Fiat 500e Convertible: £30,995
- Abarth 500e Convertible: £37,195
- Mini Electric Convertible: £52,500
- MG Cyberster: £54,995
While convertibles are generally at the higher end of the pricing spectrum, models like the Smart EQ Fortwo offer a taste of electric freedom without an eye-watering price tag.
EV Saloon Cars
Saloon EVs are typically more expensive due to fewer models being available in this segment. Nevertheless, there are options for those who prefer a sleek, three-box design.
- Peugeot e-408: £35,165
- Tesla Model 3: £39,000
- Polestar 2: £45,160
- BYD Seal: £45,705
- BMW i4: £51,270
The Tesla Model 3 remains a strong contender, combining performance and technology with moderate pricing for the saloon segment. Buyers looking at car leasing may find these models particularly appealing, as there are various schemes and grants available.
The Bottom Line
The EV market has grown rapidly, and affordability is improving across all segments. From the ultra-cheap Citroën Ami to the practical MG5 EV estate, there are options for almost every driver. With careful research, buyers can find an EV that balances price, range, and features, and for those considering leasing, it’s now easier than ever to get behind the wheel of an electric car without the upfront cost.
Electric mobility doesn’t have to be expensive, and with so many affordable models now available, there’s no reason to wait to make the switch.
