#affordable-electric-vehicles

#affordable-electric-vehicles

Automakers are discontinuing affordable EV models while continuing to produce expensive ones, undermining mass-market electric vehicle adoption.

Rising gas prices and EV depreciation create opportunities to purchase affordable used electric vehicles under $30,000, with an expanding market as leases end and fleet vehicles turn over.

Rivian's R2 affordable EV will cost between $45,000 and $57,990, with the Performance Launch Package starting at $57,990 and rolling out in spring, followed by cheaper versions through late 2027.