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What’s The Cheapest Electric Vehicle In 2023?

Published on February 24th, 2023 by Emily Lawrence
This post was updated on February 15th, 2024

The Cheapest Electric Vehicles On The Market

Many industry leaders agree that electric/hybrid vehicles are the future. As a result, we’re seeing more and more manufacturers creating high-quality electric cars, trucks, and even RVs. But unfortunately, the prices of these new models can sometimes be quite high. This has led to a worldwide search for the cheapest electric vehicle on the market.

Although electric vehicles are sometimes a bit more expensive than their gas-powered counterparts, most users will eventually save money because they don’t need to pay for fuel. And as the technology becomes more refined and widespread, the prices will continue to go down. As a result, there are now plenty of electric vehicles that are now well within the budgets of average people.

Below we have information on some of the cheapest electric vehicles in 2023. Because you’re probably interested in their versatility and towing capacity, we’ve separated them into the cheapest overall, the cheapest truck model, and the cheapest electric motorhome. Take a good look and see if your RV lifestyle might become electric-powered!

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Cheapest overall: Chevrolet Bolt EV

If you’re looking for a new car that’s affordable and efficient, the Chevrolet Bolt EV is the right choice for you. Chevrolet has developed a special focus on electric vehicles during the past few years, and they are continually refining and expanding their catalog of options.

This is one of the cheapest electric vehicles on the market today, with a starting price of approximately $26,500. This is comparable to similar vehicles that are gas-powered, and it’s cheaper than the national average price. If you switch to an electric model, you don’t need to pay for a significant upcharge.

You can use the leftover savings to install a charging port at your house, or just spend the money on other things that you want! Chevy may also cover the cost of a charging port if you’re eligible.

As an added bonus, customers who purchase these vehicles may also qualify for a Clean Vehicle Federal Tax Credit of $7,500. Chevy has created this lineup with the goal of selling affordable electric vehicles. Clean energy has a ton of benefits, and they want to reward customers who choose this route.

As for the vehicle itself, it’s also quite impressive. Don’t let the low sticker price fool you: This is a streamlined, high-tech vehicle that can handle long stretches of driving.

The Chevrolet Bolt EV can travel for up to 259 miles on a full charge. This is a huge range, and it makes the Bolt perfect for long trips or quick jaunts around the city. Each vehicle is capable of seating five passengers, and it has 57 cubic feet of storage space. This combination makes it a great choice for families, adventurers, or even single drivers who might enjoy a bit of extra cargo space.

If you’re curious about electric vehicles and want to see if they would be a good match for your lifestyle, check out more information about the Chevrolet Bolt EV. These vehicles are affordable and efficient, so you can experiment with this new technology at a low price.

Cheapest electric truck: Chevrolet Silverado EV

Speaking of Chevrolet, they have also created one of the cheapest electric trucks on the market! Many RVers are curious about the possibility of electric trucks, but some are hesitant due to the towing limitations and high price points of these vehicles.

Once again, Chevy has created one of the cheapest electric vehicles, while still ensuring that it’s capable and well-designed. These trucks are smooth and streamlined to make them more aerodynamic. The easier they cut through the air, the longer they can make the charge last.

The bed of the truck is also impressive; you can store items that are up to 10 feet, 10 inches long in here. This is thanks to the bed itself, but also extensions that let the cargo stretch into the cabin. All the newest gadgets and safety features come pre-installed as well. You’ll have a seamless transition into the future with the Chevrolet Silverado EV.

If you want to use these trucks to tow a small RV or trailer, you’re in luck! The new 2023 models are more powerful than ever, and each one is capable of hauling 10,000 pounds. Of course, the more weight you tow, the faster your battery will drain. But each truck can travel 400 miles on a single charge, so you’re launching from a stellar starting point. It’s entirely possible that you’ll need a break before the truck will!

These trucks will also be quite affordable. The starting price for them is around $39,000, which is comparable to the average price of other trucks in 2023. There may be a few gas-powered trucks that are cheaper, but there are also models that will be significantly more expensive.

At the end of the day, you’ll get a great vehicle for a fair market price! Learn more about the Chevrolet Silverado EV on their website. These are some of the cheapest electric vehicles this year, and they’ll be available for purchase during the latter part of 2023.

Cheapest electric camper van: Mercedes-Benz EQT Marco Polo

Choosing the cheapest electric RV was tough because this is a pretty small niche at the moment. Lots of manufacturers are focusing on electric vehicles but not motorhomes or trailers. The few that do exist are extremely expensive, and most of them aren’t yet available for sale within the US. That may change in the upcoming years with releases like the eRV2 from Winnebago.

But at the moment, it looks like the cheapest electric motorhome will be the EQT Marco Polo from Mercedes-Benz. This vehicle is scheduled for release in the latter half of 2023.

No exact sales price has been listed yet, but similar van models from Mercedes-Benz are around $52,600. Due to its advanced features, this electric camper van will probably be a bit more expensive, but it will still be fairly affordable. Other electric RVs have been sold for $300,000 or more, so this is a much more accessible price for the average buyer.

Each of these camper vans can travel 175 miles on a single charge, which is fairly impressive considering their size and weight. It also takes less than 40 minutes for it to charge from 20% to 80%, so you won’t need to wait around for it to charge.

The EQT Marco Polo models are equipped with a second battery for lifestyle amenities, a pop-top roof with a second sleeping area, solar panels, an outdoor kitchen, and much more. Buyers can also easily remove the furniture and use this vehicle as a standard van for everyday driving. It may be a micro camper van, but the EQT Marco Polo promises to be versatile, affordable, and comfortable.

To learn more about this special electric camper van, visit the Mercedes-Benz website.

Marco Polo

The niche for electric RVs and camper vans is still pretty small, but it will probably grow exponentially over the next few years. At the moment the selection is limited, but several companies have announced prototypes and special electric models that will hit the market soon.

Stay up to date with the RV community

One of the best parts about RVing is engaging with the community of traveling enthusiasts. iRV2 forums allow folks to chat with other RVers online, and get other perspectives on everything RVing, including products, destinations, RV mods, and more.

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5 thoughts on “What’s The Cheapest Electric Vehicle In 2023?”

  1. You have written a very good article which state all the information regarding electric vehicles. We are also the provider of electric commercial vehicles like Lion 6 and 8, Lordstown Endurance, and Tesla Cars.

  2. Your artical on electric vehicles you wrote that (most users will eventually save money because they don’t need to pay for fuel.) In New York state we pay a high price for electric which we call FUEL for electric vehicles . Not sure we’re you live that you have free electric but maybe I’ll pack up and move to your state .


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