Long-Range EVs Now Cheaper Than Average Gas Cars in the US

Aggressive price cuts and new models bring electric vehicles with over 300 miles of range below the cost of traditional cars.

Hyundai, Tesla, and GM lead with affordable long-range EVs surpassing 300 miles per charge.
The Hyundai Ioniq 6 and Chevy Equinox EV are notable for their competitive pricing and impressive range.
Federal tax credits further reduce the cost, making these EVs accessible to a broader market.
Leasing options for EVs are significantly cheaper than for comparable gas models.
Automakers are focusing on affordability to meet emissions targets and drive mass-market adoption.