10 Cheapest Electric Cars in Canada in February, 2024

10 Cheapest Electric Cars in Canada in February, 2024

Electric cars have become increasingly popular in Canada due to their eco-friendliness, fuel efficiency, and low operating costs.

With more automakers producing electric cars, the market has become increasingly competitive, and prices have dropped considerably. In this article, we’ll highlight the top 10 cheapest electric cars in Canada, along with their key features, prices, and other important information.

Electric cars are becoming more affordable and practical in Canada, thanks to advances in technology and government incentives.

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10 Cheapest Electric Cars in Canada

The cheapest electric cars in Canada offer a great way to reduce your carbon footprint and save on fuel costs, while still enjoying reliable performance and modern features. Whether you’re looking for a compact city car or a spacious SUV, there’s an electric car that’s right for you.

With the help of the iZEV program and other incentives, now is a great time to make the switch to an electric car and join the growing community of eco-conscious drivers in Canada.

In addition to being environmentally friendly, electric cars also offer other benefits such as low maintenance costs and a quiet and smooth driving experience.

Nissan Leaf - comparewise

Nissan Leaf

The Nissan Leaf is one of the most popular electric cars in Canada, thanks to its sleek design, reliable performance, and impressive range.

With a starting price of $44,298, the Leaf offers an estimated range of up to 240 km on a single charge, making it a practical choice for daily commutes and short trips. It also comes with a range of features, including an 8-inch touchscreen display, Bluetooth connectivity, and a rearview camera.

Hyundai Ioniq Electric - comparewise Best electric cars in Canada

Hyundai Ioniq Electric

The Hyundai Ioniq Electric is another affordable electric car that’s gaining popularity in Canada. Priced at $41,499, the Ioniq Electric boasts a range of up to 274 km on a single charge, making it ideal for longer commutes and weekend road trips.

It comes with features such as heated front seats, a rearview camera, and a 7-inch touchscreen display, as well as advanced safety features like blind-spot detection and lane departure warning.

Chevrolet Bolt EV - comparewise Canada electric car rebate

Chevrolet Bolt EV

The Chevrolet Bolt EV is a versatile electric car that offers a roomy interior, practical cargo space, and impressive performance. Starting at $44,998, the Bolt EV has an estimated range of up to 417 km on a single charge, making it one of the most efficient electric cars in Canada.

It also comes with advanced safety features like lane departure warning, forward collision alert, and a rearview camera, as well as a host of tech features like a 10.2-inch touchscreen display and Apple CarPlay/Android Auto compatibility.

Kia Niro EV - comparewise

Kia Niro EV

The Kia Niro EV is a stylish and practical electric SUV that’s perfect for families and adventure-seekers. Priced at $44,995, the Niro EV offers an estimated range of up to 385 km on a single charge, making it ideal for longer trips and weekend getaways.

It comes with features like heated front seats, a rearview camera, and a 7-inch touchscreen display, as well as advanced safety features like blind-spot detection and rear cross-traffic alert.

MINI Cooper SE - comparewise

MINI Cooper SE

The MINI Cooper SE is a fun and zippy electric car that’s perfect for city driving and short commutes. Starting at $39,990, the Cooper SE has an estimated range of up to 177 km on a single charge, making it ideal for urban lifestyles.

It comes with features like a 6.5-inch touchscreen display, Bluetooth connectivity, and a rearview camera, as well as sporty features like a lowered suspension and unique alloy wheels.

Smart EQ fortwo - comparewise

Smart EQ fortwo

The Smart EQ fortwo is a compact and nimble electric car that’s perfect for urban living. Starting at $29,050, the fortwo has an estimated range of up to 100 km on a single charge, making it ideal for short commutes and city errands.

It comes with features like a 7-inch touchscreen display, Bluetooth connectivity, and a rearview camera, as well as a unique design that makes it easy to park and maneuver in tight spaces.

Ford Mustang Mach-E - comparewise Cheapest Electric Cars in Canada

Ford Mustang Mach-E

The Ford Mustang Mach-E is an all-electric SUV that offers a sleek design, impressive performance, and advanced technology features. Priced at $50,495, the Mach-E has an estimated range of up to 483 km on a single charge, making it ideal for longer trips and road trips.

It comes with features like a 15.5-inch touchscreen display, Apple CarPlay/Android Auto compatibility, and a rearview camera, as well as advanced safety features like lane departure warning, adaptive cruise control, and automatic emergency braking.

Volkswagen ID.4 - comparewise

Volkswagen ID.4

The Volkswagen ID.4 is an all-electric SUV that offers a spacious interior, sporty design, and advanced technology features. Priced at $44,995, the ID.4 has an estimated range of up to 400 km on a single charge, making it ideal for daily commutes and weekend adventures.

It comes with features like a 10-inch touchscreen display, wireless smartphone charging, and a rearview camera, as well as advanced safety features like blind-spot monitoring, rear cross-traffic alert, and automatic emergency braking.

Tesla Model 3 - comparewise

Tesla Model 3

The Tesla Model 3 is a popular all-electric sedan that’s known for its impressive performance, sleek design, and advanced technology features. Starting at $44,990, the Model 3 has an estimated range of up to 423 km on a single charge, making it ideal for daily commutes and longer trips.

It comes with features like a 15-inch touchscreen display, premium audio system, and autopilot advanced safety features like lane departure warning, adaptive cruise control, and automatic emergency braking.

Mazda MX-30 - comparewise

Mazda MX-30

The Mazda MX-30 is a stylish and sporty electric SUV that offers a luxurious interior, impressive performance, and advanced technology features. Priced at $42,150, the MX-30 has an estimated range of up to 200 km on a single charge, making it ideal for urban lifestyles and short commutes.

It comes with features like a 7-inch touchscreen display, Apple CarPlay/Android Auto compatibility, and a rearview camera, as well as advanced safety features like blind-spot monitoring and rear cross-traffic alert.

Canada electric car rebate

One of the reasons why electric cars are becoming more popular in Canada is the generous rebate program offered by the government. The iZEV program provides rebates of up to $5,000 for eligible electric cars, and up to $2,500 for eligible plug-in hybrid cars.

The amount of the rebate depends on the vehicle’s battery size, range, and purchase price, as well as the province in which it is purchased. To be eligible for the rebate, the vehicle must be new, have a base price of less than $55,000, and meet certain performance and safety standards.

This rebate program has played a significant role in increasing the affordability and accessibility of electric cars in Canada.

It not only incentivizes consumers to make the switch to an electric car, but it also encourages car manufacturers to produce more electric car models to meet the growing demand.

In addition to the federal rebate program, many provinces also offer their own rebates and incentives for electric car purchases. For example, British Columbia offers an additional rebate of up to $3,000 for eligible electric cars, while Quebec offers up to $8,000.

The iZEV program has been successful in encouraging more Canadians to purchase electric cars. According to Transport Canada, there has been a steady increase in electric car sales since the program’s launch in 2019. In 2020, electric car sales in Canada accounted for 3.5% of total vehicle sales, up from 2.5% in 2019.

The iZEV program is not only beneficial for consumers and the environment, but it also supports Canada’s goal of reaching net-zero emissions by 2050.

Transportation is a major source of greenhouse gas emissions in Canada, and electric cars offer a cleaner and more sustainable alternative to traditional gasoline-powered cars.

In addition to the rebate program, the government is also investing in the development of electric car infrastructure, such as charging stations, to support the growing number of electric cars on the road.

This investment is crucial in ensuring that electric car owners have access to convenient and reliable charging options, especially on longer road trips.

Overall, the iZEV program is a positive step towards a more sustainable future for Canada’s transportation sector. It provides a tangible incentive for Canadians to make the switch to electric cars and contributes to Canada’s efforts to reduce greenhouse gas emissions and combat climate change.

Best electric cars in Canada

While the cheapest electric cars in Canada offer great value for money, they may not necessarily be the best option for everyone. Depending on your needs and preferences, you may want to consider other factors such as range, performance, features, and brand reputation.

Some of the best electric cars in Canada include the Tesla Model 3, the Chevrolet Bolt EV, and the Volkswagen ID.4, which offer a combination of style, performance, and technology.

When it comes to purchasing an electric car in Canada, the price tag may not be the only factor to consider.

While affordable options such as the Nissan Leaf or the Hyundai Ioniq Electric may offer great value for money, they may not be the best fit for everyone. Depending on your individual needs, lifestyle, and budget, you may want to explore other factors before making a decision.

One of the main considerations for many buyers is the range of the electric car. While most models on the market today offer a range of around 200-300 kilometers, some premium models such as the Tesla Model S or the Ford Mustang Mach-E can go up to 600 kilometers on a single charge.

If you frequently travel long distances, a higher range may be a priority for you.

Performance is another key factor to consider when purchasing an electric car. While all electric cars offer instant torque and smooth acceleration, some models may have a sportier feel or a more responsive handling.

This is particularly important for those who enjoy driving or live in areas with winding roads or steep inclines.

In addition to range and performance, features and technology can also play a role in your decision-making. Many electric cars offer advanced safety features such as adaptive cruise control or lane departure warning, as well as innovative infotainment systems and connectivity options.

Some models also come with additional perks such as free charging or maintenance services.

Finally, the brand reputation and reliability of the car manufacturer can also influence your decision.

While established brands such as Tesla, Chevrolet, or Volkswagen have a proven track record in the electric car market, newer or lesser-known brands may offer competitive pricing but have yet to build a reputation for quality and durability.

Ultimately, the best electric car for you will depend on your individual needs, preferences, and budget. By considering a range of factors such as range, performance, features, and brand reputation, you can make an informed decision that meets your lifestyle and driving needs.

Cheapest electric cars in Canada conclusion

As more and more car manufacturers continue to develop and release new electric car models, the future of electric cars in Canada looks promising.

It’s important to do your research and consider your individual needs and preferences before purchasing an electric car. Look for a car that has the range and features you need, and don’t be afraid to test drive different models to find the one that feels right for you.

Overall, the availability of affordable electric cars in Canada is a positive development for both the environment and consumers.

By choosing an electric car, you can save money, reduce your carbon footprint, and enjoy a modern and reliable mode of transportation. With the continued growth of the electric car industry in Canada, the future of sustainable transportation looks bright.

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FAQs about the cheapest electric cars in Canada

Should I buy an electric car now or wait?

It depends on your individual needs and preferences. If you're looking for a cheap and reliable electric car, there are many great options available in Canada right now. However, if you're looking for a more advanced or luxurious electric car, you may want to wait for future models to become available.

What is the cheapest electric car in Canada?

Currently, the cheapest electric car in Canada is the 2022 Chevrolet Spark EV, priced at $23,298. Other affordable electric cars include the Nissan Leaf, the Hyundai Ioniq Electric, and the Kia Niro EV.

What is the best electric car in Canada?

The best electric car in Canada is subjective and depends on your needs and preferences. Some of the most popular and highly-rated electric cars in Canada include the Tesla Model 3, the Chevrolet Bolt EV, and the Volkswagen ID.4. However, there are many other great electric cars available in Canada, each with their own unique features and advantages.

How much are electric cars in Canada?

The price of electric cars in Canada varies depending on the make and model. Currently, the cheapest electric cars in Canada start at around $23,000, while more advanced and luxurious electric cars can cost upwards of $100,000.

What electric cars are available in Canada?

There are many electric cars available in Canada, including the Chevrolet Spark EV, Nissan Leaf, Hyundai Ioniq Electric, Kia Niro EV, Tesla Model 3, Chevrolet Bolt EV, Volkswagen ID.4, and more. Many car manufacturers are also planning to release new electric car models in the coming years, giving consumers even more options to choose from.

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March 4, 2023
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