NOTE TO READERS: The 2025 version of this article is now available. You can read it here.

In the market for an electric vehicle?

We’ve got a list of 2024 model year vehicles available for less than $50,000 (including fees and levies), arranged from most to least expensive.

The following article is neither a review nor a recommendation, it is simply a list of what’s available. Starting advertised price is the manufacturer’s suggested retail price (MSRP), including fees and levies. Price after tax is what you may expect to pay. Fees, levies and taxes may differ province to province. This list is based on Ontario prices. Dealers may set their own prices. Check with your local dealer for an exact price. Inventory issues may impact vehicle availability.

Hyundai Kona

Starting advertised price: $49,077

Price after tax: $55,456.67

Price after government rebate: $50,456.67*

The Kona (pictured up top) sneaks into this list with a price just under $50,000, before tax. The Kona has a range rated at 420 kilometres on a single charge. This SUV comes loaded with standard features such as adaptive cruise control with traffic stop and go, blind-spot collision warning, driver attention warning, forward collision-avoidance assist with pedestrian, cyclist, junction-turning and direct-oncoming detection, and high beam assist.

Build yours on the Hyundai Canada website.

Kia Niro EV

Starting advertised price: $48,583.00

Price after tax: $54,898.79

Price after government rebate: $49,898.79*

The Niro is available as a hybrid, plug-in hybrid or an EV. The EV has a range rated at 407 kilometres on a single charge. The car comes with a host of safety features, including rear cross-traffic collision avoidance assist, lane keep and follow assist, and blind-spot collision avoidance assist.

Build yours on the Kia Canada website.

Nissan Leaf

Starting advertised price: $44,593

Price after tax: $50,390

Price after government rebate: $45,390*

The base model Nissan Leaf has a driving range of 240 kilometres on a single charge. It comes standard with 17-inch alloy wheels, ProPilot Assist for steering assist and intelligent cruise control, Nissan Connect and more.

Build yours on the Nissan Canada website.

Chevrolet Bolt EUV

Starting advertised price: $43,179 (2023 model)

Price after tax: $48,792

Price after government rebate: $43,792*

There are two versions of the Chevy Bolt. This is the more expensive of the two, a crossover SUV, which is a bit larger than the version you’ll find below. In this one, range is rated at 397 kilometres on a single charge. An available Super Cruise Package allows the vehicle to take the steering wheel on 320,000 kilometres of compatible highways across Canada and the U.S. Chevrolet is advertising the 2023 model.

Build yours on the Chevrolet Canada website.

Fiat 500e

Starting advertised price: $42,190

Price after tax: $47,675

Price after government rebate: $42,675*

The Fiat 500e has the lowest base manufacturer’s suggested retail price of any 2024 model-year electric vehicle available in Canada. A pair of EVs are listed lower on this list, because one is last year’s model still available in limited quantities in 2024 and the other has a deep manufacturer’s rebate available. The 500e comes with loads of tech including a Uconnect 5 NAV multimedia system, a 10.25-inch touchscreen and more. The car has an estimated 227-kilometre driving range.

Build yours on the Fiat Canada website.

Chevrolet Bolt EV

Starting advertised price: $41,574 (2023 model)

Price after tax: $46,979

Price after government rebate: $41,979*

With the Chevy Bolt EV, you give up passenger and cargo space over its crossover sibling, but you get extra range, estimated at 417 kilometres on a single charge. The car is a little quicker too. Despite the low entry cost, it comes standard with plenty of tech, including a 10.2-inch infotainment colour touchscreen, Chevrolet Safety Assist, automatic emergency breaking, 17-inch aluminum wheels, 10 air bags, and more. Chevrolet Canada is advertising the 2013 model.

Build yours on the Chevrolet Canada website.

Mazda MX-30 EV

Starting advertised price: $41,476 (includes $4,000 Mazda incentive as of July 17)

Price after tax: $46,867.88

Price after government rebate: $41,867.88*

Thanks to a steep Mazda Canada incentive, this is the least expensive EV currently available. Mazda’s compact SUV has a rated range of 161 kilometres on a single charge. The base model comes standard with 18-inch alloy wheels, i-Activesense safety features, rear parking sensors, LED headlights and more.

Build yours on the Mazda Canada website.

Note about government rebate* price: The Canadian government has a rebate of up to $5,000 for eligible electric vehicles. Certain provinces have additional rebates available as well. Learn more about the federal program on the government’s website.

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