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Top 10 cheapest electric cars in 2023

Renault Zoe e-Tech

What's the cheapest electric car on the market? What explains the price of an electric car?

With all the subsidies available, electric vehicles are no longer a luxury item. According to figures fromAvere France, by December 31, 2022, over 1,100,000 electric cars and plug-in hybrids were on the road in France. Electric vehicles accounted for 13% of market share, with 140,848 sales in the first nine months of the year. Worldwide electric cars sold more than 3 million units between January and May 2022.

Nevertheless, while electric cars are becoming more and more numerous, at first sight they remain more expensive than their internal combustion counterparts. In addition to government subsidies for the purchase of electric cars, some models are trying to offer more affordable prices. We invite you to discover our top 10 cheapest electric cars in 2023.

Table of contents

Obviously, the electric car market offers us a wide choice in terms of electric cars and that's only going to increase over the next few years, much to our delight. Before you make your choice of the electric car of your dreams, we'd like to take a look at the top 10 cheapest electric cars on the market.

In fact, we've also written numerous articles on the best electric city cars, the best the best 5-seater and and 7-seater electric cars. We suggest you take a look if you're interested!

What's more, we'll give you all the most important information about the following cars: performance, range, recharging...

Summary table of the cheapest electric cars in 2023

Need an overview of the cheapest electric cars? Here's a table showing all the electric cars listed above, and their prices after deduction of the ecological bonus.

Nevertheless, while electric cars are becoming more and more numerous, they remain, at first glance, more expensive than their internal combustion counterparts. In addition to government financial aid for the purchase of an electric car, some models are trying to offer more accessible prices. We invite you to discover our top 10 cheapest electric cars in 2023.

Car model Catalog price After deduction of
ecological bonus (€7,000)
Autonomy
Dacia Spring
20 800 €
13 800 €
230 km
Renault Twingo E-Tech
25 250 €
18 250 €
190 km
Volkswagen e-UP
28 030 €
21 030 €
258 km
Smart EQ Fortwo Coupé
28 350 €
21 350 €
135 km
MG 4
29 990 €
22 990 €
350 km
Fiat 500e Sedan 24 kWh
30 400 €
23 400 €
190 km
MG 5
32 990 €
25 990 €
320 km
MG ZS EV
33 990 €
26 990 €
320 km
Peugeot e-208
34 800 €
27 800 €
400 km
Renault Zoe e-Tech
35 100 €
28 100 €
395 km

Ranking of cheap electric cars in 2023

1. Dacia Spring: from €20,800

With a starting price of €20,800 and a WLTP range of 230 km for its Dacia Spring, Dacia Electric is entering the electric car market and shaking up the competition. However, its 33 kW (45 hp) power output is a limiting factor on the motorway or national highway network. It is currently the least expensive electric car on the French market. This electric car is also available in the Extreme 65 version, with a more powerful motor (65 hp) for just €22,300.

  • Range: 230 km (WLTP)
  • Price: €20,800 (excluding environmental bonus) 
  • Slow recharge (0 to 100%): 4h50 min.
  • Fast recharge (10 to 80%): 38 min.

2. Renault Twingo E-Tech: from €25,250

Renault's small electric city car takes first place on the podium. With the ecological bonus deducted, it costs €25,250 (€18,250 if your reference tax income is less than or equal to €14,089. If your reference tax income is over €14,089, the Twingo E-Tech will cost €20,250), a very attractive price for an electric car. This is Renault's cheapest electric car.
With a 22 kW battery giving it a range of 190 km, the Renault Twingo E-Tech is 3.61 m long and is available in three versions: Authentic, Equilibre and Techno.

  • Range: 190 km (WLTP)
  • Price: €25,250 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 3h30min.
  • Fast recharge (0 to 80%): 1h15 min.

3. Volkswagen e-UP: from €28,080

Discover the new generation of the Volkswagen e-UP, offering you new comfort and a new way of driving electric. Volkswagen's least expensive electric car will accompany you on your daily commute.

  • Range: 258 km (WLTP)
  • Price: €28,080 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 5h20
  • Fast recharge (0 to 80%): 32 min.

4. Smart EQ Fortwo Coupé: from €28,350

The Smart EQ Fortwo electric Coupé is the first 100% electric city car marketed by Smart in France.
In terms of performance, the Smart EQ Fortwo is rated at 60 kW (82 hp), giving it a range of 135 km.

  • Range: 135 km (WLTP)
  • Price: €28,350 (excluding environmental bonus)
  • Slow recharge (0 to 100%): 4 h 30 min
  • Fast charge (0 to 80%): 55 min.

5. MG 4: from €29,990

MG Electric comes to Europe with an electric SUV at an unbeatable price. The MG4 becomes the Chinese brand's cheapest electric car. An "Extended Autonomy" version with 400 km range is available for €33,990.

  • Range: 350 km (WLTP)
  • Price: €29,990 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 8h50min
  • Fast recharge (0 to 80%): 40 min.
  • Availability: immediate

6. Fiat 500e Sedan 24 kWh: from €30,400

The Fiat 500e is the first electric car from the Italian brand Fiat, and today is one of the cheapest electric cars available on the market. For its switch to electric, the city car moves upmarket and breaks away from its popular, extravagant appearance with a chic silhouette. A version with a 42 kWh battery and 331 km range is available for €30,400.

  • Range: 190 km (WLTP)
  • Price: €30,400 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 4h
  • Fast recharge (0 to 80%): 24 min.

7. MG 5: from €32,990

MG's electric sedan will make all your journeys more than enjoyable. The MG 5 is a family car combining comfort and technology, for a price of €32,990 (excluding environmental bonus). An "Extended Autonomy" version with 400 km range is available for €32,990.

  • Range : 320 km (WLTP)
  • Price: €32,990 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 6h15
  • Fast recharge (0 to 80%): 40 min.

8. MG ZS EV: from €33,990

As you can see, MG has made a name for itself in France, offering low-cost, high-performance 100% electric cars. The MG ZS EV is an urban electric SUV offering up to 440 km of WLTP range in the "Extended Range" version at €33,990.

  • Range: 320 km (WLTP)
  • Price: €33,990 (excluding environmental bonus)
  • Slow recharge (0 to 100%): 8h
  • Fast recharge (0 to 80%): 23 min.

9. Peugeot e-208: from €34,800

The Peugeot e-208 is a compact, elegant electric car with a range of up to 400 km on a single charge. Take your place behind the wheel of an electric vehicle with a powerful, quiet electric motor, offering a pleasant, environmentally-friendly driving experience.

  • Range: 400 km (WLTP)
  • Price: €34,800 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 4h
  • Fast recharge (0 to 80%): 30 min.

10. Renault Zoe e-Tech : from €35,100

The Renault Zoe e-Tech is an iconic electric city car. The Zoe e-Tech is powered by a 135 hp electric motor and can be recharged to 80% in just one hour at a fast charging station. With its modern design and advanced technology, the Renault Zoe e-Tech is an attractive option for those looking for an economical and practical electric car.

  • Range: 395 km (WLTP)
  • Price: €35,100 (excluding environmental bonus)
  • Slow charge (0 to 100% ): 3h
  • Fast recharge (0 to 80%): 56 min.

That's it! That's our ranking of the cheapest electric cars on the market.
We hope you've been able to find the cheapest electric car that suits you best. When it comes to electric vehicles, choice is no longer a problem. There are many models to choose from, and they have all the qualities you need in a car. And don't forget that you can benefit from the new ecological bonus and the conversion bonus to reduce the purchase price of your future electric vehicle.

Ask for your electric car offer

The cheapest electric car: why is it so expensive?

Today, each of the major automotive groups has at least one 100% electric vehicle in its range, with a few exceptions. 

First of all, instead of the combustion engine of a combustion-powered car, which uses heat as energy, the electric car uses electricity. 

For many future buyers, one of the main obstacles to owning an electric vehicle is its acquisition price. It's true that when you look at list prices, electric vehicles are more expensive than their combustion counterparts, not least because of the battery.
Discover our article on the price of an electric car battery.

However, it's not just the price on the vehicle that counts. Electric vehicles cost less to run, for example. Here are a few other reasons why an electric car costs less over time:

Charging an electric car

First things first: recharging. To fill up, an electric car must be plugged into a socket or an electric electric charging station. The connection is made via a cable fitted with appropriate connectors. There are several available, depending on the recharging mode required. On average, you can expect to pay around €2 per 100 km.

Maintaining your electric vehicle

Next, let's move on to maintenance. Maintaining your electric car is less expensive for the simple reason that there are fewer parts. The average cost of maintenance is estimated at €120. And if you have a leased electric car, maintenance is included in the lease.

An electric car that almost never breaks down

As a result of their different engines, technical breakdowns are rarer on electric cars. However, it is possible to run out of power, after the driver has failed to anticipate the situation, as with a petrol or diesel car. In this case, the vehicle warns in advance of the low battery level, generally between 5 and 10% remaining. 

The parking advantage

What's more, one of the special features of the electric car is the possibility of benefiting from preferential rates, up to and including free parking electric car parking in cities such as Paris, Nice and Aix-en-Provence.

Longer service life

Obviously, in environmental terms, the electric car is the clear winner over the internal combustion engine. According to a study carried out by ADEME in partnership with FNE, an electric car emits between 2 and 3 times less CO2 than a combustion-powered car when its entire life cycle is taken into account. And even in terms of other environmental indicators, the electric car's performance is, at worst, comparable to that of a combustion-powered car and, at best, far superior. Contrary to what we sometimes hear, electric cars are far more environmentally friendly than combustion-powered cars, even when batteries and electricity generation are taken into account.

A more profitable choice

What's more, electric cars can be chosen for financial reasons. Electric cars are generally more economical in the long term than diesel or petrol cars. Even if electric cars are generally more expensive to buy, this is quickly offset by the price of electricity, which is much lower than the price of petrol or diesel.
What's more, the purchase price of an electric car can be partially amortized by the numerous state subsidies available. subsidies available from the government..
So you spend more money up front, but much less later on during the years you use the vehicle.

Longer service life

In fact, the financial advantage of the electric car is all the greater in that electric cars have a much longer lifespan than combustion-powered cars. In France, consumers generally keep their petrol or diesel cars for around ten years. With electric cars, the potential is much greater: some models already exceed 700,000 km on the odometer, which corresponds to almost 45 years of average use.

How can I buy an electric vehicle?

If you buy an electric car costing less than €47,000, you can benefit from the ecological bonus. It's a way for motorists to make their energy transition without breaking the bank. Here's a table showing the different amounts according to your situation. You can also apply for the conversion bonus if you agree to get rid of your old internal combustion vehicle.

Categories From July 1, 2021 From January 1, 2023
Electric vehicles (CO2 ⩽ 20g/km) under €47,000
27% of the price up to €6,000
27% of the price, capped at €5,000
(€7,000 for families with a reference tax income less than or equal to
€14,089)
Electric vehicles (CO2 ⩽ 20g/km) under €47,000 (legal entity)
27% of the price, up to €4,000
27% of the price, up to €3,000
Electric vehicles (CO2 ⩽ 20g/km) from €47,000 to €60,000
2 000 €
1 000 €
Electric vans or hydrogen-powered vehicles (CO2 ⩽ 20g/km) over €60,000
2 000 €
1 000 €
Plug-in hybrid vehicle (CO2 emissions between 21 and 50 g/km) up to €50,000 and range > 50 km
1 000 €
0 €
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Ilona Soulage

Let's enter the world of electric vehicles and charging stations together. Passionate about innovation, I'm here to help you make the transition to a greener world.

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