Overview
- 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.