Top 10 Cheapest EVs In Canada (2024)

What are the top ten cheapest EVs in Canada?

Due to the high cost of petrol as well as the fact that there are many more options available today than there were even a year ago, electric vehicles (EVs) have received a lot of attention recently. Although EVs are not well renowned for being incredibly economical, there are a few solid options for drivers on a budget in a range of body types.

Due to modifications made to the federal government’s ZEV rebate programme, electric vehicle prices in Canada have increased over the previous several months. With the programme, a zero-emissions car with a base price under $55,000 and a purchasing price of up to $65,000 after extras is now eligible for refunds of up to $5,000.

Below are 10 of the cheapest EVs in Canada in 2023 that also qualify for this rebate; their perks, driving range, and charging speed amongst others are also included.

Related: Top 10 Cheapest Brand New SUVs in Canada

Cheapest EVs In Canada

The top ten cheapest EVs in Canada today are:

Chevrolet Bolt EV and Bolt EUV

Cheapest EVs in Canada
Cheapest EVs in Canada

Following the resolution of battery fire-related difficulties, Chevrolet’s recently issued legacy Bolt electric car and its more recent configuration, the Bolt electric utility vehicles (EUV), have only recently been put back on sale. Both cars have front-wheel drives and the same 200 horsepower and 266 lb-ft of torque.

The driving range of the Chevrolet Bolt EV is 417 kilometres, whereas that of the Chevrolet Bolt EUV is 387 km.

The two most affordable long-range electric automobiles in Canada are these two. Given that it is the smaller of the two, the Bolt EV is more cheap. About $38,548 to $40,548 is the pricing range.

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Nissan Leaf

Nissan Leaf
Cheapest EVs in Canada

In 2023, Nissan Leaf increased the number of vehicles in its lineup by reintroducing one of the first mass-produced electric cars to the Canadian market.

The car features a 40kWh battery and a 240 km driving range. In addition, Nissan Leaf released a Plus model with a starting price of $45,999 and a driving range of 342 kilometres thanks to a 60 kWh battery.

The Plus has a quick charge connection that can take 100 Kw from a Level 3 charging station. This makes it a fully functional EV with a price range of roughly $40,248.

Mazda MX-30

Mazda MX-30
Cheapest EVs in Canada

Mazda’s first-ever electric vehicle is the MX-30. It can be charged from 20 to 80% on a level 2 charger in roughly 3 hours, and its estimated range is 161 km. The EV has a front-wheel drive and produces 200 lb-ft of torque in addition to 143 horsepower.

Coach-type doors and cork accents provide a refinement to the inside. The initial supply ran out quickly and is not now in stock, even though it received some unfavourable reviews in Canada when it first hit the market. The beginning cost is $42,150.

Kia Soul EV

Cheapest EVs in Canada
Cheapest EVs in Canada

One of the first mass-produced EVs is the unique Soul EV from Kia. A single charge for a Soul EV allows for an average distance of 383 miles.

With a range of 248 kilometres, 134 horsepower, and 291 pound-feet of torque, the EV Premium version of the Kia Soul EV is surprisingly affordable.

Pricey at $42,985 to begin with. While the higher range EV Limited trim costs $52,095, it is also the most expensive. Despite having more horsepower running through front-wheel drive and the same torque stats, it has a higher 201 hp.

Volkswagen ID.4

Despite having a new vehicle with a 62 kWh battery and a 335-kilometre driving range, Volkswagen has been in the EV market for a while.

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It has a range of 410 kilometres and twin-motor all-wheel drive (AWD) is an option. The vehicle also features a rear-wheel drive pro and a 443-kilometre driving range.

It can charge from zero to eighty per cent in 35 minutes using a speed charging system that can produce up to 125 kW. Orders for 2023 are currently being taken, even though 2022 models are sold out. $43,995 is the asking price.

Hyundai Kona Electric

Because it has a smaller size and a longer range, the Hyundai Kona is more popular with smaller urban families. 201 horsepower, 299 lb-ft of torque, and a 415-kilometre driving range are all features of the subcompact hatchback-like vehicle.

Front-wheel drive is also a feature of the car. It can be charged quickly—up to 100 kW—using a DC quick charger, and it takes roughly 47 minutes to charge from zero to eighty per cent. It costs $44399 to purchase an EV.

Toyota bZ4X

The Toyota bZ4X is back on sale after taking a month-long hiatus due to safety concerns with the wheel hubs. Even with the modification to Ottawa’s ZEV rebate programme, the 2023 model is still offered for roughly $44,990.

The front-wheel-drive bz4X has 201 horsepower and a 406-kilometre operating range. The EV comes in a range of colours and has a few characteristics.

Kia Ioniq 5

The Kia Ioniq 5 is the most recent electric vehicle to join the lineup from Hyundai. It shares a dedicated electric vehicle base with the Kia EV6 and boasts additional improvements including increased interior space and a new drive system.

The Ioniq 5 is offered in a variety of versions, including standard and long-range, as well as rear- and all-wheel drive, through Hyundai dealerships under the Ioniq sub-brand. It has a 350 kW fast charger charging time of less than 18 minutes, 168 horsepower, 258 lb-ft of torque, and a range of 354 km. It costs $44,995 as a starting point.

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Kia EV6

The Kia EV6 is offered in a variety of range and drive options, much as the IONIQ 5 EV previously mentioned. At its lowest pricing, it is configured for rear-wheel drive and has a single engine that produces 167 horsepower and 258 pound-feet of torque. It has an estimated driving range of 373 km and a 350 kW rapid charge time of 18 minutes.

The Kia EV6 GT, with 577 horsepower, 546 lb-ft of torque, and a 332 km range, will be the vehicle’s 2023 model. It sells for roughly $45,995 and is in very high demand in the nation.

Kia Niro EV

The Kia Niro will go on sale in battery electric, hybrid, and plug-in hybrid (PHEV) models starting with the 2023 model year. A 150 kW electric motor with 64.8 kWh of battery capacity and 201 horsepower power the EV.

The Niro EV has a maximum charging capacity of 85 kW and can complete a rapid charge at level 3 from 0 to 80 per cent in around 45 minutes. The driving range of 407 kilometres is the most intriguing aspect of it. $45,000 is the asking price.


Shortly, there will undoubtedly be cheaper options as the competition in the electric car sector increases, battery technology improves, and the cost to make EVs decreases.

The above-mentioned rates, which are liable to vary, should be noted that they do not include fees or incentives. Aside from that, not all automobiles are now sold in all provinces.

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