The US Desperately Needs EVs Under $50,000. They’re On the Way
From the Volvo EX30 to Honda’s Prologue, carmakers are set to debut at least 24 new electric cars in the US this year — many on the affordable side.
Fiat’s 500e, popular in Europe, will hit the US market at $32,500.
Photographer: Stellantis/Max SarattoFor many carmakers, the end of last year was defined by plans to pump the brakes on making new EVs: Ford, General Motors and Volkswagen all trimmed output of electric models or walked back production goals in recent months.
Despite that, EV-curious consumers in the US will soon have an easier time finding electric models that appeal. Carmakers are expected to launch at least 24 all-new, all-battery-powered vehicles in the country this year, representing a nearly 50% increase in the number of models currently on the market. The new arrivals will also boost EVs’ attractiveness to a broader demographic of buyers: Five of them are expected to start at less than $50,000.