10 Cheapest Electric Cars in Canada for 2024

Looking for the cheapest electric car in Canada?

We've gathered a list of the 10 best electric car deals available in 2024. With starting prices in the $40,000 to $50,000 range, there's a nice variety of compact city cars and family-sized vehicles to choose from.

While electric cars may be a bit pricier than their gas-powered equivalents, experts say the average EV driver could save more than $2,000 a year on gas. Plus, government rebates could save you an additional $5,000 to $12,000 on your electric car purchase, depending on where you live.

Here are the 10 most affordable electric cars in Canada in 2024:

1. Fiat 500e

Combining retro Italian style with modern technology, this compact EV is the all-new all-electric version of the iconic Fiat 500. Prices start at $42,190 before taxes and rebates.

• Range and power: Equipped with a 42 kWh battery, the Fiat 500e has an estimated range of 227 km and charges to 80% in just 35 minutes with a Level 3 DC charger. This 3-door hatchback is nimble and fun to drive, offering a 117-horsepower electric motor, 162 lb-ft of torque and three unique driving modes.
• Cool design, hot tech: Inspired by the classic Fiat 500, the Fiat 500e's interior is more spacious than earlier gas-powered models, without sacrificing that coveted Italian style. The large 10.3-inch touchscreen infotainment system features voice recognition, Apple Carplay and Android Auto, plus GPS navigation.
• Intelligent safety features: This EV comes equipped with a suite of advanced safety technologies, including speed control with traffic sign recognition, lane-departure warning and autonomous emergency braking.
• Worry-free warranty coverage: The Fiat 500e comes with a transferable 8-year or 160,000 km battery warranty, and a 3-year or 60,000 km basic warranty.

2. Mazda MX-30 EV

The cheapest electric SUV in Canada, the Mazda MX-30 EV is a compact crossover suitable for small families or city drivers. Prices start at $42,650 before taxes and rebates.

• Power and range: Better suited to daily driving than road trips, the Mazda MX-30 has an estimated range of up to 161 km. The 35.5 kWh lithium-ion battery charges from 20 to 80% in 36 minutes with a Level 3 DC charger, while the electric motor delivers 143 horsepower.
• Thoughtful design: Comfortable and airy, the minimalist interior features sustainable materials like recycled fabric and cork details. A spacious 1053-litre cargo area with fold-flat seats provides plenty of space for errands. Freestyle doors allow for easy loading and unloading of the cabin.
• Modern conveniences: The Mazda MX-30 offers winter-friendly features like heated front seats, steering wheel and side mirrors. The standard 8-speaker sound system is compatible with Bluetooth, Apple CarPlay and Android Auto.
• Advanced safety technologies: Every Mazda MX-30 features an impressive array of standard safety features, including blind-spot monitoring, automatic emergency braking with pedestrian detection, lane-departure warning and adaptive cruise control.

3. Nissan LEAF

Compact and economical, the Nissan LEAF is an established name in the EV category. It was one of the earliest electric cars to hit the market, so there's a nice variety of used Nissan LEAF models for sale on Kijiji Autos. Prices for the new 2025 Nissan LEAF start at $44,596 before taxes and rebates.

• Power and range: The Nissan LEAF SV features a 40 kWh battery, delivering 147 horsepower and a maximum range of 240 km. The Nissan LEAF SV Plus is equipped with a larger 60 kWh battery for 214 horsepower and a range of up to 342 km.
• Intelligent tech features: The standard 8-inch touchscreen infotainment system offers hands-free texting assistance and is designed to work with your favourite devices and apps: Apple CarPlay, Siri Eyes Free, Android Auto, Bluetooth and SiriusXM.
• Five-star safety rating: The 2024 Nissan LEAF received a five-star safety rating from the US National Highway Traffic Safety Administration (NHTSA). Standard safety technologies include front-collision warning, rear sonar sensors, automatic emergency braking with pedestrian detection, and blind-spot monitoring.
• Extensive warranty coverage: Alongside Nissan's standard new-car warranty coverage, the Nissan LEAF's lithium-ion battery is covered for 8 years or 160,000 km.

4. Hyundai KONA Electric

The all-electric version of the popular Hyundai KONA, the Hyundai KONA Electric is an SUV that features an impressive range and a spacious interior. Prices start at $46,399 before taxes and rebates.

• Power and range: Equipped with a 64.8 kWh battery, the 2024 Hyundai KONA Electric offers an excellent 420 km range and 201 horsepower. It takes an estimated 43 minutes to charge the battery to 80% with a Level 3 DC charger.
• Space is prioritized: Redesigned for 2024, new Hyundai KONA Electric models are larger than earlier models, offering increased cargo space and more legroom.
• Premium comfort features: Stay cool and cozy with standard dual-zone automatic climate control, heated front seats and steering wheel, available front-seat ventilation and a 64-colour ambient lighting system.
• Smart safety: The Hyundai KONA Electric is equipped with Hyundai SmartSense, a suite of advanced safety technologies including adaptive cruise control, highway driving assistance and forward-collision warning with pedestrian detection.

5. MINI Cooper SE

If you're looking for an electric car with plenty of personality, the MINI Cooper SE could be the EV for you. The electrified version of the iconic MINI Cooper, this 3-door hatchback is stylish, peppy and fun to drive. Prices start at $48,190 before taxes and rebates.

• Power and range: The 2024 MINI Cooper SE is equipped with a 32 kWh battery, delivering 181 horsepower and up to 183 km in range. And it powers up quickly: the lithium-ion battery charges to 80% in just 35 minutes with a Level 3 DC Charger.
• Exciting performance: With its compact frame and low centre of gravity, this affordable EV is nimble and fun to drive. Instant acceleration takes you from 0 to 60 km/hr in just 3.9 seconds.
• Compact comfort: While some may find the backseat and cargo space a bit tight, the front seats offer a comfortable amount of head and legroom for most adults. Comfort features include dual-zone climate control, heated front seats and steering wheel, and a touchscreen infotainment system with smartphone integration.
• Comprehensive warranty coverage: The MINI Cooper SE comes with impressive warranty coverage with the battery covered for up to 8 years or 160,000 km.

6. Chevrolet Equinox EV

New for 2024, the Chevrolet Equinox EV is a sporty electric SUV with comfortable seating for five. With an impressive range and available all-wheel drive, this EV is well-suited to life in Canada. Prices start at $48,199 before taxes and rebates.

• Available all-wheel drive: Choose between four front-wheel and four all-wheel drive models. The capable eAWD models feature dual electric motors, delivering power to all four wheels for added traction and stability.
• Power and range: Front-wheel drive models offer a range of up to 513 km and 213 horsepower, while the all-wheel drive Chevy Equinox EV delivers a smaller range of 459 km but more horsepower at 288 hp.
• Quick and versatile charging: Top up 123 km of range in just 10 minutes with a DC Fast Charger. Charge at home or at a public charging station with the included dual-level charge cord.
• Updated tech features: The 17.7-inch touchscreen infotainment system and ambient lighting are sure to impress tech lovers, while standard safety features such as adaptive cruise control and traffic sign recognition add peace of mind.

7. Volkswagen ID.4

Whether you're looking for a family-sized EV or an electric vehicle with road-trip range, the Volkswagen ID.4 is worth considering. This versatile vehicle offers a spacious interior, fast-charging capability and your choice of rear-wheel or all-wheel drive. Prices start at $48,495 before taxes and rebates.

• Power and range: The Volkswagen ID.4 offers a maximum range of 468 km and up to 335 horsepower, with rear-wheel drive models delivering the largest range. It charges to 80% power in 28 minutes with a Level 3 quick charger.
• Customizable powertrain: You can opt for single-motor rear-wheel drive or dual-motor all-wheel drive, and 62 kWh or a larger 82 kWh battery.
• Comfortable and capable: Comparable in size to the Volkswagen Tiguan, the VW ID.4 offers plenty of space for passengers and cargo. Plus, the 2,700 lb towing capacity makes this vehicle adventure-ready.
• Smart design: Regenerative braking converts kinetic energy into battery power, while wireless smartphone integration and voice controls help you keep your eyes on the road.

8. Kia Niro EV

The well-rounded Kia Niro EV is a subcompact electric SUV with seating for five. A solid choice for small families and commuters, this electric version of the Kia Niro is packed with smart technology features. Prices start at $48,576 before taxes and rebates.

• Power and range: The 2024 Kia Niro EV is equipped with a 64.8 kWh battery, delivering 201 horsepower and a maximum range of 407 km. It charges in just 45 minutes with a 100 kW Level 3 charger.
• Comfort is a priority: Standard and available features include dual-zone climate control, heated front and rear seats, air-cooled front seats for hot days and remote cabin warming for cold ones.
• Innovative technology: A 10.25-inch multimedia interface puts controls at your fingertips, smartphone integration turns your phone into a smart key, and available remote parking assistance parks your car with the touch of a button.
• Advanced safety features: The Kia Niro EV comes standard with a suite of advanced driver's assistance features, including forward-collision warning with automatic emergency braking, blind-spot monitoring and adaptive cruise control.

9. Toyota bZ4X

The only EV in Toyota's current lineup, the Toyota bZ4X is a comfortable and fairly capable two-row electric SUV. Developed in cooperation with Subaru, the Toyota bZ4X is very similar to the Subaru Solterra. Prices start at $50,050 before taxes and rebates.

• Available all-wheel drive: Base-level models are equipped with front-wheel drive and a single electric motor. All-wheel drive models feature dual electric motors and grip control technology to help you handle challenging terrain.
• Power and range: The front-wheel drive Toyota bZ4X comes with a 71.4 kWh battery, delivering 201 horsepower and a 406 km range. All-wheel drive models have a smaller range of 367 km but offer slightly more power with 214 hp.
• Modern comforts: The thoughtfully designed interior provides comfortable seating for five, while fold-flat rear seats and a power liftgate make it easy to transport bigger cargo. Standard features include heated front seats, a heated leather-wrapped steering wheel, and a 12.3-inch touchscreen infotainment display with 6-speaker sound system.
• Innovative safety technologies: The Toyota bZ4X features pre-collision warning with pedestrian, bicycle and motorcycle detection; lane-departure warning with steering assistance; adaptive cruise control with speed management on curves; and automatic high beams.

10. Tesla Model 3

The cheapest Tesla in Canada, the Tesla Model 3 is a sleek electric sedan with impressive stats. Boasting up to 548 km in range and premium features, this EV mixes luxury and affordability. Prices start at $50,990 before taxes and rebates.

• Power and range: The base-level Tesla Model 3 is equipped with a 60.5 kWh battery, offering a 435 km range and 283 horsepower. The pricier Long Range model is more powerful, with a 548 km range and impressive acceleration, going from 0 to 100 km/h in 4.4 seconds.
• Available all-wheel drive: Choose between the rear-wheel drive Tesla Model 3 with its single electric motor and the all-wheel drive Telsa Model 3 Long Range AWD with two electric motors for added traction and performance.
• Luxurious features: All models are outfitted with the premium features you might expect from a luxury vehicle, including a panoramic all-glass roof with UV protection, heated and ventilated seats, and front and rear touchscreen infotainment systems.
• Innovative technologies: Advanced driver's assistance technologies include a 360-degree camera system, automatic emergency braking and lane-departure warning. Control your Tesla's climate and security features from your smartphone with remote access capability.

Government rebates on electric vehicles

In Canada, there are a variety of provincial and federal government rebates available to make the purchase or lease of an electric vehicle more affordable. Here's what you can expect to save:

EV rebates in British Columbia

• Up to $5,000 federal iZEV rebate
• Up to $4,000 provincial rebate on battery electric and long-range hybrid vehicles

EV rebates in Alberta

• Up to $5,000 federal iZEV rebate
• No provincial rebate

EV rebates in Saskatchewan

• Up to $5,000 federal iZEV rebate
• No provincial rebate

EV rebates in Manitoba

• Up to $5,000 federal iZEV rebate
• Up to $4,000 provincial rebate on battery electric and plug-in hybrid vehicles

EV rebates in Ontario

• Up to $5,000 federal iZEV rebate
• No provincial rebate

EV rebates in Quebec

• Up to $5,000 federal iZEV rebate
• Up to $7,000 provincial rebate on fully electric vehicles

EV rebates in New Brunswick

• Up to $5,000 federal iZEV rebate
• Up to $5,000 provincial rebate on battery electric and plug-in hybrid vehicles

EV rebates in Nova Scotia

• Up to $5,000 federal iZEV rebate
• Up to $3,000 provincial rebate on fully electric vehicles

EV rebates in PEI

• Up to $5,000 federal iZEV rebate
• Up to $5,000 provincial rebate on fully electric vehicles

EV rebates in Newfoundland & Labrador

• Up to $5,000 federal iZEV rebate
• $2,500 provincial rebate on new or used fully electric vehicles

EV rebates in Yukon

• Up to $5,000 federal iZEV rebate
• Up to $5,000 provincial rebate on zero-emissions vehicles

EV rebates in Northwest Territories

• Up to $5,000 federal iZEV rebate
• No provincial rebate

EV rebates in Nunavut

• Up to $5,000 federal iZEV rebate
• No provincial rebate

Some conditions apply:

• Canadian drivers are eligible for one iZEV rebate per year.
• Rebate amounts may be affected by car price and individual income.
• Federal iZEV and most provincial rebates are point-of-sale rebates, meaning they are applied at the dealership and will be subtracted from the car's total price after taxes.

We recommend asking your car dealer for more information on the rebates you're eligible for.

Frequently asked questions about electric cars

How much does an electric car battery cost?

Electric car batteries can be quite expensive, ranging from about $5,000 to over $20,000 to replace, so it's important to keep this in mind when shopping for used electric cars. The good news is that most new electric vehicles come with an eight-year or 160,000 km battery warranty.

Does it cost more to insure an electric car?

Insurance premiums are based on car value, driver risk and location rather than car fuel type. Overall, insurance rates for gas-powered and electric cars are fairly similar, with premiums determined by the car's price. Some Canadian insurance providers now offer discounts for electric vehicles, meaning it could actually cost you less to insure an EV.

Are public charging stations free?

Many Level 2 charging stations are free, though some charge a small fee of around $1.00/hour. Level 3 chargers, also known as DC fast chargers, cost around $15.00/hour.

How much does it cost to charge an electric car?

The average cost of charging an electric car at a Level 3 fast charger is around $11.00, ranging from $5.36 for a Hyundai IONIQ Electric to $15.00 for a Tesla Model S. To determine the cost of at-home charging, multiply the car's battery size in kWh by the cost of electricity per kWh in your area.

Is it cheaper to charge an electric car at home or at a charging station?

The cheapest way to charge an electric car is at a free public charging station. The next cheapest option, and likely the most convenient, is to charge at home overnight when rates are typically the lowest. The fastest method of charging your electric car is also the most expensive. Ideal for road trips or when you're in a rush, Level 3 charging costs around $15.00/hr.

Ready to electrify your car hunt? Kijiji Autos offers a huge inventory of new, used and certified pre-owned cheap electric cars for sale in your area and across Canada.