20 Upcoming Affordable Electric Cars

20 Upcoming Affordable Electric Cars

There are so many electric cars and SUVs planned for the next few years, it’s becoming difficult to keep track of them all. While some upcoming EVs have already been officially unveiled with promised specs and launch dates, others are still concept cars or in the early stages of development. As electric mobility advances, a better chance at a profit would be to sell Affordable Electric Cars than entry level combustion cars with high costs and short shelf life.

20 Upcoming Affordable Electric Cars

Here are the Upcoming Affordable Electric Cars from global brands that are planned to launch by 2025:

MG4 EV (2022)

The MG4 EV is an electric hatchback based on an all-new dedicated EV platform called ‘Nebula.’ The new electric hatchback is part of MG’s Mission100 strategy, through which the brand aims to sell 100 million vehicles globally while expanding to 100 global markets by 2024.

The MG4 EV is available in a Standard Range variant and a Long Range variant. The Standard Range variant uses a motor that produces 168 hp and 184 lb.-ft. of torque and a 51 kWh battery pack that delivers a WLTP range of 305 miles. The Long Range variant employs a more powerful motor that generates 201 hp but the same 184 lb.-ft. of torque. It has a larger, 64 kWh battery pack that provides it with a longer WLTP range of up to 360 miles.

The MG4 EV competes with the VW ID.3 and Renault Megane E-Tech, but it is approximately GBP 10,000 cheaper than those European rivals, with prices starting at GBP 25,995.

ORA Cat (2022)

The ORA Cat, called Ora Funky Cat in the UK, is from China’s Great Wall Motor. Built on the dedicated ‘L.E.M.O.N.’ EV platform, it aims to shift some customers from the VW ID.3 by offering a lower price. At launch, the UK will get it in the ‘Funky Cat First Edition’ FWD configuration that uses a single motor generating 126 kW (169 hp) and 250 Nm of torque. A 0-62 mph sprint will take 8.3 seconds, and the top speed will be 99 mph.

A 48 kWh battery pack will be standard in the Cat First Edition UK, and it will provide a range (WLTP) of 193 miles. 6.6 kW single-phase AC and 11 kW three-phase DC will be the on-board charging choices available to customers in the UK. The peak DC charging input accepted will be 80 kW, and that would allow fast-charging to 80% SoC in around 40 minutes.

The Ora Funky Cat First Edition will cost GBP 30,495 (after factoring in PiCG) in the UK. A 360-degree camera system, Adaptive Cruise Control, 18-inch alloy wheels, and electric front seats will be some of the main features of the Funky Cat First Edition.

IM NEV, a subsidiary of International Motors, is the official distributor of the Ora Funky Cat in the UK. The Solihull-based establishment says that the first batch of the Funky Cat for the UK has been shipped from Shanghai, China. Customer deliveries of the First Edition trim level will start by the end of 2022, and more trim levels will follow in 2023.

Citroen e-C3 (2023)

The Citroen e-C3 electric car, based on the eCMP platform, is expected in 2023 following its combustion variant, which has already been revealed for emerging markets. The design should be largely similar to the C3, and the e-C3 is rumored to launch in two variants: a 30 kWh, 60 PS, and a 40 kWh, 80 PS variant. According to reports, the battery would be supplied by China-based Svolt, and production would occur at Trnava, Slovakia.

In terms of features and creature comforts, we wouldn’t be surprised if only the basics were offered on the e-C3 electric car, with the cost-cutting extending to even a media system using the user’s device only. This could also make the e-C3 one of the affordable electric cars from the Stellantis group. The e-C3 could be revealed in 2022, before a 2023 launch in Europe. Expect prices for the Citroen e-C3 to start under EUR 25,000.

Fiat Topolino quadricycle (2023)

After becoming Germany’s Opel Rocks-e, the French Citroen Ami will reportedly become Italy’s all-new Fiat Topolino. Stellantis plans to reuse the classic Fiat car’s name for a new electric quadricycle, as per an Automotive News report. The overall design could be the same, with Fiat designers tinkering with parts that are easy to develop and produce, like bumpers, lights, wheels, etc. As a Fiat, it should look stylish, though the design is not the biggest consideration of this segment. A truly distinctive feature of the Topolino EV could be a version with a canvas roof to live up to the classic Topolino’s name.

The Fiat Topolino Electric could come with a 5.5 kWh battery pack that provides a range of just under 50 miles and a 6 kW (8 hp) motor with a top speed of 28 mph. Charging the battery pack from a standard electrical socket could take just 3 hours. Expect a launch announcement by the end of 2022.

Aston Martin Lagonda All-Terrain (2023)

Aston Martin is bringing back the Lagonda name for its upcoming electric luxury brand. The All-Terrain SUV will share a platform with the next-generation DBX, which may also become available as an all-electric version in the future.

The brand first revealed the concept in 2018 as the “Vision Concept,” though it later revealed it in pre-production form and announced plans to begin production in 2022. Aside from its interior and exterior design, little is known about the Lagonda All-Terrain. However, according to Aston Martin CEO Andy Palmer, the brand’s upcoming EVs will offer comparable performance to its gas-powered models and over 300 miles of electric range.

BMW i7 (2023)

The upcoming BMW i7 will be a fully electric version of the next-generation 7 Series. The brand has already provided teaser images of the model, and one trim level was recently revealed: the i7 xDrive60, which will have a starting price of almost $120,000. BMW says it will fully unveil the model in April 2022.

According to BMW, the i7 will offer up to an estimated 300 miles of electric range. It will likely share a battery pack with the BMW iX xDrive50, and crank out 536 horsepower, making it the most powerful option in the redesigned 7 Series lineup.

The i7 will debut in 2022 as a 2023 model, and it won’t enter the U.S. market until early 2023.

Polestar 5 (2024)

The upcoming Polestar 5 was originally revealed as the Polestar Precept concept. Polestar says rather than being a normal, one-off concept car, the Polestar Precept was designed to highlight the brand’s “ambitions for design, technology, and sustainability.”

The Polestar 5 all-electric four-door GT will be exceedingly modern and luxurious. The Polestar 5 will feature the “Polestar Human Machine Interface (HMI)” technology, which is designed to facilitate distraction-free driving by using proximity sensors and eye-tracking to decide what to display for the driver.

The brand also notes that while the Polestar 5 concept may seem somewhat unconventional, every feature has a very specific purpose. The end goal is to deliver an EV that has futuristic solutions to real-world problems in the automotive space.

Next-gen Dacia Spring (2024)

Renault Group CEO Luca de Meo confirmed at Renault Group’s 2021 Financial Results conference that the redesigned Dacia Spring electric car will arrive in 2024. It will continue to be based on the CMF-AEV platform, which has been in use since the arrival of the Renault Kwid in 2015. The CEO also said that the Spring would continue to be an affordable EV, and it will serve as the gateway to the EV category for many buyers.

The current model uses a standard 27.4 kWh battery that offers a range of 143 miles. However, the 2024 Spring should come with a more efficient and bigger battery that ranges around 186 miles. It should also support faster charging. The 0-80% SoC DC fast-charging time could be lower than 30 minutes, a considerable upgrade from the current model’s 56 minutes. Customers would also like to see better safety ratings, as the first-generation Spring received a 1-star score in the EuroNCAP crash tests.

Group Renault stated during its 2021 financial results conference that the next generation Dacia Spring would be launched in 2024. Expect it to be priced around the EUR 20,000 mark when it arrives.

Renault 5 (2024)

Another member of the Nissan CMF-BEV platform will be the Renault 5 electric car. The Renault 5 and the Nissan Micra EV will be manufactured at Renault’s ElectriCity production cluster in Northern France. The Renault 5 and the Micra EV will get a Li-ion battery with a range in the whereabouts of 250 miles from a 50 kWh battery, which should be sufficient as these will be the most affordable electric cars from the brand, and buyers seeking more range can look higher up in the price segment.

The market launch of the Renault 5 is expected in early 2024, and sales will commence in France and other European countries by mid-2024. Renault 5 price in Europe is anticipated between EUR 23,000-25,000 and will be followed by the Renault 4 EV in 2025.

Lancia Ypsilon Electric (2024)

The next generation Lancia Ypsilon will get an EV variant, though it remains to be seen whether the company will use the eCMP platform or base it on the 500e. Either way, we know Lancia is serious about selling the new Ypsilon and its electric counterpart in Europe and Britain as it plans to relaunch in Britain mid-decade. We should have more details about Lancia’s future in the coming months.

The new Ypsilon EV should be ready for Europe in the second half of 2024 and should be priced in the EUR 25,000-30,000 range.

Buick Electra (2024)

While General Motors hasn’t made any official announcements about a future Buick Electra fully electric SUV, it did file an updated trademark for the Electra name. Moreover, the brand showed a concept car at the 2020 Beijing Auto Show that sported the Electra name.

As GM moves forward with major plans to provide a wealth of electric cars and SUVs over the next several years, a Buick electric crossover would be fitting. The automaker already launched the Cadillac Lyriq crossover and announced plans for a Chevrolet Equinox EV.

The Electra concept features four butterfly doors, as well as an expansive curved glass roof. No details have been revealed about the electric crossover’s powertrain or range. However, if it follows suit with GM’s other plans, it will likely have a dual-motor all-wheel-drive setup and around 300 miles of EPA-estimated range.

Nissan Micra EV (2025)

Nissan has confirmed a Micra electric successor based on the CMF-BEV platform. While the specifications of the Micra EV remain under wraps, we expect the affordable electric city car to offer a 250-mile range from a 50 kWh battery pack and a power output of around 135 hp.

Nissan has indicated that the design of the Micra EV will be similar to the third-generation model with plenty of curves and round-ish elements, especially on the light fixtures. The interior is expected to be roomy and practical, and there could be variants with an optional complete glass roof as well.

The Micra EV is expected to enter showrooms in the first half of 2025, although a concept previewing its design could be shown by the end of 2022. Expect it to be priced at around EUR 25,000 (estimated) before incentives.

Nissan sold the Micra in Canada until 2020, sourcing the car from the Mexican production line.

VW ID.2 (2025)

Previously, the VW ID.2 electric car was expected to be the production model of the VW ID.Life concept was unveiled at the IAA Munich 2021 show. However, new reports suggest that the ID.2 could be a Polo-sized electric crossover with an interior as spacious as the VW Golf and would take the place of the e-Up! as one of the affordable electric cars from the VW Group stable.

The ID.2 and its derivatives for other brands in the VW Group will be front-wheel drive biased, with a single motor and a 50-60 kWh battery providing around 250 miles of range. The range-topping variant could also have a 234 hp electric motor and a 0-60 mph time of just 6.9 seconds, as per VW’s official press release of the ID.Life from 2021.

The ID.2 will be priced between EUR 20,000 and 25,000 in Europe. Volkswagen Group has confirmed it will build this trio of small electric SUVs in Spain from 2025. The Volkswagen model could be second or third in the order of launches, following the offerings from Skoda and Cupra.

Cupra UrbanRebel/Cupra Raval (2025)

In September 2021, a three-door electric hatchback car called Cupra UrbanRebel debuted as a motorsport-style, high-performance concept. In June 2022, this car evolved into a simpler, five-door electric hatchback that’s still a concept but relatively closer to production. The UrbanRebel is Cupra’s interpretation of an economical electric car based on the MEB Small platform.

The powertrain of the three-door UrbanRebel unveiled in 2021 produced 250 kW of continuous power and up to 320 kW of peak power. It allowed accelerating from 0 to 62 mph in just 3.2 seconds! The five-door UrbanRebel introduced in 2022 has a less powerful, 166 kW powertrain, and so, it takes 6.9 seconds for a 0-62 mph sprint. It can deliver a range of up to 440 km (273 miles), though, which we doubt would have been possible in the 2021 model.

Designed and developed in Barcelona, the road-ready UrbanRebel will likely have a single motor powering the front wheels. Cupra may target a WLTP range of at least 250 miles for the final car. The company has confirmed that it will launch this model in 2025 and manufacture it in Martorell, Spain. Expect the base price to be around EUR 25,000. Cheaper siblings from Volkswagen and Skoda brands will likely follow shortly.

Fiat Panda Electric (2025)

Fiat will launch new B-segment models starting from 2023, and according to reports, the Panda will get a successor, which may or may not continue the nameplate. However, there will be a range of models (Bodystyle variations) under this brand, of which an electric car offering is a certainty.

The Electric Fiat Panda should see a powertrain at least matching the 500e, which means around 200 miles of range and 85 kW of fast charging capability. Design inspiration could come from the Fiat Centoventi concept.

The Panda EV, or the successor B-segment EV, is expected to cost around EUR 22,000 when it comes out in the next few years. Stellantis has said that it will build a pure electric Fiat 500L successor at the Fiat plant in Kragujevac, Serbia, from 2024. The company has indicated that it could make more electric models at this plant, and one of them could be the Panda electric.

Kia Picanto EV (2025)

When the Kia Picanto moves to its next generation, expect an electric car variant to follow. Like the MEB eco, a low-spec E-GMP platform (low-spec E-GMP eM) could underpin the car. The Kia Picanto EV could arrive sometime in 2025, though the upcoming months should reveal more of the Hyundai Group’s plans for entry-level EVs. Expect the Kia Picanto EV to be priced around the EUR 23,000 mark.

Hyundai i10 EV/Hyundai Ioniq 2 (2025)

After completing its first phase of the bespoke EV rollout, which involves launching compact and large models like the Ioniq 5, Ioniq 6, and Ioniq 7, Hyundai will introduce smaller EVs that are much more affordable. One of these budget models will likely be a Hyundai Ioniq 2 electric hatchback that could compete with the production version of the Cupra UrbanRebel concept and the Renault 5 electric supermini.

Andreas-Christoph Hofmann, Vice President of Marketing & Product for Hyundai’s European division, has revealed that the company has a budget EV in the pipeline. On July 14, 2022, speaking at the 2022 Automotive News Europe Congress (via Automotive News Europe), he said a battery-powered minicar is in the works but its development will take some time.

The Hyundai Ioniq 2 will likely be based on the upcoming eM platform and use batteries consisting of LFP cells. It will likely deliver a WLTP range of over 200 miles. Hofmann indicated that it could cost around EUR 20,000 in the base configuration.

Skoda Citadine (2025)

The first of Skoda’s affordable electric cars, which will also be based on the MEB eco platform, will be revealed through a concept soon. The Citadine (name unconfirmed) will be one of three electric Skodas that will slot below the Enyaq as the brand aims to achieve 50-70 percent of its sales through EVs by 2030.

The smallest Skoda electric car should have its debut sometime in 2025. Since Skoda is positioned as the value brand in the VW Group, the Citadine could be slightly more affordable than the VW ID.2. However, it should fall within the same range of under EUR 25,000.

Mitsubishi small electric car (2025)

At Renault-Nissan-Mitsubishi Alliance’s digital conference in January 2022, there was a clear indication that a Mitsubishi electric vehicle was in the pipeline. Earlier, Werner Frey, MD, Mitsubishi Deutschland, said that two new cars using Renault’s platform were to follow. One of the two Renault-made models would be a hatchback, according to Auto Motor und Sport’s report from March 2021.

The Mitsubishi small electric car would be based on the CMF-BEV platform. The upcoming Renault 5 EV, the Alpine R5, the electric successor of the Nissan Micra and the Renault 4 are the first cars coming off the CMF-BEV, so it’s only logical for Mitsubishi to have its iteration of the hatchback using the Alliance’s shared platforms.

Production of the Mitsubishi EV may take place in France at one of Renault’s three factories. Its global debut may take place sometime in the second half of 2025.

Chrysler Airflow (2025)

The Chrysler Airflow concept already looks as though it’s ready for production. However, the brand hasn’t yet committed to making it a reality. Unlike competing automakers, Chrysler is taking its time in its move toward electrification. In fact, it says its first fully electric vehicle won’t come to market until 2025, though the Airflow concept provides a glimpse of what Chrysler’s future may hold.

Like the Buick Electra, the Airflow borrows its name from the brand’s past, and the concept is nothing like the early model. According to Chrysler, it features multiple screens and Level 3 self-driving capability. Though Level 3 autonomy may be in our future, there are currently no Level 3 autonomous cars available for sale today. The Airflow concept has two electric motors, all-wheel drive, 420 horsepower and up to 400 miles of range.

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