Electric Cars Under 40k 2025. 2025 best small electric car under $40k: The best electric cars on sale come in all shapes and sizes with first class ev options available right through the market sectors from small cars and family suvs to.

Electric vehicles remain expensive, but the market for affordable models is growing in 2025. Several electric cars and compact suvs are available for under $40,000, and some qualify for up to $7,500 in ev tax credits.