Cheapest electric vehicles available in Canada in 2026

Chevrolet, Fiat, Ford, Hyundai, Kia, Nissan, Subaru, Toyota, Volkswagen and Volvo sell 2026 model year electric cars and SUVs priced below $56,000.

*The 2026 Nissan Ariya is available in Canada, but not in the U.S. – Nissan Canada photo*

Year after year, gasoline-powered car prices keep rising and electric vehicle prices keep coming down.

If the trend keeps up, pretty soon EVs will be more affordable to buy than vehicles with internal combustion engines. We’re not there yet, but there are some relatively affordable EVs you can buy today.

Below, we’ve got a list of 2026 model year battery-electric vehicles, including cars and SUVs, that are available in Canada with a price of less than $56,000, including fees and levies.

Not all automakers have announced 2026 model year details yet. This article will be updated as information becomes available.

The starting advertised price includes the manufacturer’s suggested retail price (MSRP), plus fees and levies. Fees and levies may vary by location. This list is based on Ontario advertised prices. Dealers may set their own prices and automakers may adjust their prices through the year. Check with your local dealer for an exact price.

The list is ordered from most to least expensive.

Nissan Ariya

Starting advertised price: $55,830 (MSRP of $52,898)

Nissan has a pair of EV models available in Canada, with the Ariya (pictured up top) being the company’s premium electric SUV. There are various powertrain and battery options, but the base model with front-wheel drive has a range of 348 kilometres. Standard features include 19-inch alloy wheels with aero wheel covers, front and rear capacitive door handles with approach unlock and walk-away lock, front and rear heated seats, a 12.3-inch drive-assist display and more. The Ariya has been pulled from the United States for 2026, but remains available here.

Build yours on the Nissan Canada website.

Ford Mustang Mach-E

Starting advertised price: $55,690* (2025) (MSRP of $52,995)

The base Mustang Mach-E gets a powertrain with 264 hp and a driving range of 415 kilometres, but buyers can opt for more power from higher-up trims, albeit at higher prices. Standard features include BlueCruise hands-free highway driving availability, a 10.2-inch digital gauge cluster and 15.5-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto compatibility, phone as a key, 360-degree camera with split view and 19-inch aluminum wheels. As of this writing (Dec. 31, 2025), the Ford Canada online configurator is showing 2025 pricing. This article will be updated when 2026 info becomes available. As of this writing, the automaker is offering a temporary $11,000 discount on 2025 models.

Build yours on Ford Canada website.

Subaru Solterra

Starting advertised price: $55,179 (MSRP of $52,495)

The Subaru Solterra, a mechanical twin of the Toyota bZ which appears further down on this list, was heavily updated for 2026. The compact SUV now has a dual-motor all-wheel-drive powertrain with 338 hp and a driving range of up to 446 kilometres. Even the base model comes loaded with tech, including a 14-inch centre touchscreen with wireless Apple CarPlay and Android Auto connectivity, auto-dimming rear-view mirror, heated seats, Subaru’s EyeSight suite of driver assistance systems, and more.

Build yours on the Subaru Canada website.

Volvo EX30

Starting advertised price: $53,539 (MSRP of $49,950)

The Volvo EX30 is a small SUV that is big on power, 268 hp and 420 kilometres of range in base form, while a twin-motor powertrain with 422 hp and 407 kilometres of range is available at a higher price. Standard features include 19-inch wheels, advanced driver assistance systems, adaptive cruise control, Google Assistant, Google Maps and more.

Build yours on the Volvo Cars Canada website.

Volkswagen ID.4

Starting advertised price: $51,331 * (2025) (MSRP of $48,495)

The ID.4, in base trim with rear-wheel drive, has a driving range of 332 kilometres. There are higher priced grades available with greater range as well. Standard features include 19-inch alloy wheels, Travel Assist, which includes adaptive cruise control, lane assist and emergency brake, heated front seats and heated steering wheel, ambient interior lighting with up to 10 colours, and more. As of this writing, the VW Canada configurator is still showing 2025 models. The article will be updated when 2026 info becomes available. As of this writing, the automaker is offering a temporary $5,000 discount on 2025 models.

Build yours on the VW Canada website.

Toyota bZ

Starting advertised price: $49,648 (MSRP of $45,990)

Toyota’s electric compact SUV has received a makeover for 2026 and a new, abridged name (formerly bZ4X). The new bZ gets a base model with a front-wheel-drive powertrain with 168 hp and 380 kilometres of range, while higher-up grades get a more powerful all-wheel-drive setup and range up to 468 kilometres. The bZ gets Toyota Multimedia with wireless Apple CarPlay and Android Auto compatibility, controllable features via sight, touch and voice, a 14-inch centre screen, connected services, three USB charge ports, dual 15-watt wireless phone charging docks, a 1,500-watt A/C outlet with deck plug, Toyota Safety Sense 3.0, and more.

Build yours on the Toyota Canada website.

Chevrolet Equinox EV

Starting advertised price: $49,633 (MSRP of $46,199)

The base model of Chevrolet’s compact electric SUV with a front-wheel-drive powertrain is estimated to go 513 kilometres on a single charge. Standard features include 19-inch aluminum wheels, a 17.7-inch infotainment screen with Google built-in compatibility, 11-inch driver screen, heated front seats and steering wheel, adaptive cruise control and a host of advanced safety features.

Build yours on the Chevrolet Canada website.

Kia Niro EV

Starting advertised price: $48,635 (MSRP of $45,595)

The Niro is available as a hybrid, plug-in hybrid and as 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, as well as tech features including a 10.25-inch driver screen and a 10.25-inch multimedia screen. There’s an available heat pump, which can warm up the battery to preserve driving range in cold winter weather.

Build yours on the Kia Canada website.

Nissan Leaf

Starting advertised price: $47,855(MSRP of $44,998)

The Nissan Leaf is all-new for the 2026 model year. It has grown to become a compact crossover SUV and it rides on a shared platform with the more expensive Ariya. It features a spacious interior and comes standard with dual 12.3-inch displays and a suite of advanced safety features. The Leaf will eventually be available with two battery options, but has launched with the larger unit, with a 75-kWh capacity, giving the base S+ grade an estimated driving range of 488 kilometres. Nissan plans to introduce a cheaper S grade with a 53-kWh battery but pricing and an availability date have not been announced on those yet. The price you see listed above is for the S+ version with the larger battery.

Build yours on the Nissan Canada website.

Hyundai Kona Electric

Starting advertised price: $46,988 (MSRP of $43,999)

The Kona Electric SUV has a range rated at 420 kilometres and 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, as well as comfort features, including a standard heated steering wheel and a 12.3-inch infotainment screen with navigation.

Build yours on the Hyundai Canada website.

Kia EV5

Starting advertised price: $46,685* (2027) (MSRP of $43,495)

The Kia EV5 is launching in Canada for the 2027 model year but makes its way onto this list as it will be available sometime in 2026. The compact SUV gets battery capacities of 60.3 kWh and 81.3 kWh and available front-wheel drive and all-wheel drive. Front-wheel-drive models with the larger battery are expected to exceed 500 kilometres of range. On the inside, there’s nearly 30 inches of panoramic display and a roomy exterior intended to comfortably transport five people.

For details, visit the Kia Canada website.

Chevrolet Bolt

Starting advertised price: $43,433* (2027) (MSRP of $39,999)

The revived Chevrolet Bolt is returning for the 2027 model year but makes its way onto this list as it will be available in early 2026. The new Bolt is a subcompact SUV with a similar outward appearance to the old one, but it comes with new drive technology, with more power, range and faster charging, including a native NACS port. The front-wheel-drive powertrain gets 210 hp and driving range is estimated at 410 kilometres. The little EV also gets an 11-inch driver display and a 11.3-inch centre touchscreen and other tech and comfort features.

Build yours on the Chevrolet Canada website.

Fiat 500e

Starting advertised price: $42,290* (MSRP of $39,995) (2025 model)

The Fiat 500e is a small four-seater that comes loaded with tech, including a Uconnect 5 NAV multimedia system featuring a 10.25-inch touchscreen, a seven-inch driver display and more. The car has an estimated 227-kilometre driving range. As of this writing, the Fiat Canada configurator is still showing 2025 models. The price will be updated when 2026 info becomes available. As of this writing, the automaker is offering a temporary $7,000 discount on 2025 models.

Build yours on the Fiat Canada website.

Kia EV4

Starting advertised price: $42,185 (MSRP of $38,995)

The Kia EV4 compact sedan has launched for the 2026 model year as the lowest-priced EV in Canada. The electric car comes with battery capacities of 58.3 kWh and 81.4 kWh. The base model with the smaller battery gets a driving range of 391 kilometres while the versions with the larger battery get 488 to 552 kilometres, depending on trim (cheaper = more range). The car has a widescreen display measuring nearly 30 inches with wireless Apple CarPlay and Android Auto connectivity, heated front seats, dual-zone automatic temperature control with rear A/C vents, acoustic windshield, and more.

Build yours on the Kia Canada website.

Upcoming low-cost EVs

We’re still awaiting Canadian market details for the Kia EV3, Toyota C-HR, Subaru Uncharted and a yet-unnamed Mitsubishi EV, all of which should launch as relatively low-cost EVs sometime in 2026 as either 2026 or 2027 model year vehicles. You can read more on these, plus some of the vehicles mentioned above at the accompanying link below.