While electric cars are very eco-friendly and low-maintenance, they can cost a pretty penny. Unlike internal combustion engine cars and hybrids that store energy exclusively or mostly as fuel, EVs require large rechargeable batteries to store electrical energy, and these are very expensive. This makes EVs a lot more expensive than your typical gasoline-powered car. However, it’s possible to find cheaper EVs. In fact, the cheapest electric car Canada has to offer is the VW e-Golf which costs around $36,000. However, this lower price is the consequence of a relatively small battery pack that only gives it 200 km of driving range. The Hyundai KONA Electric, on the other hand, is more expensive at almost $44,000, but it packs over twice the driving range, making it a cheaper option per kilometer of range. In terms of cost per range, the cheapest electric vehicle in Canada is the 2022 Chevrolet Bolt EV which costs a total of $40,797 and $98/km of range. So, if range is what worries you the most, the Chevrlote Bolt is your most cost-effective option. However, if you’re only worried about the total price, the VW e-Golf is the cheapest electric car in Canada, even though it’s one of the most expensive in terms of total range.
From high-end, sleek sedans to affordable hatchbacks, electric vehicles come in many different varieties: some are pretty expensive, while others are more affordable, and others sit somewhere in between and offer some of the best cost per-kilometer of range out there. We researched dozens of electric cars available in Canada and identified the cheapest electric car Canada has to offer and a few others that offer the best features at the lowest price.
In this post, we'll explain why electric cars cost so much. We'll also show you how to save money when buying an electric car and give you a list of 12 of the most affordable electric vehicles with some of the best ranges in Canada.
We'll also show you how much you may be qualified to receive in EV rebates for each electric car you purchase or lease. So if you're looking for an affordable electric car that offers the best range, you've come to the right place.
Why Go For Electric Cars?
More and more Canadians are switching or planning to switch from gas-powered to electric vehicles following the recent hike in gas prices. As of 2022, 8% of all new cars bought and registered in Canada in the first quarter of the year were electric.
The Canadian government has released an ongoing plan to ensure a 40% reduction in carbon and tailpipe emissions by 2030. The plan will also ensure that all Canadians use electric vehicles instead of gas-powered cars and trucks by 2035.
Electric vehicles help reduce carbon footprint, are cheaper to maintain than gas or fuel-powered vehicles, and are much more efficient and versatile than vehicles with internal combustion engines. However, they are still way more expensive to buy. While you may be able to buy a gas-powered hatchback for as low as $15,000, you can't say the same for electric vehicles, as they cost upwards of $30,000 up to $150,000 and more.
Why Are Electric Cars Expensive In Canada?
Although EV rebates and incentives are offered by the Canadian government and provinces like British Columbia and Quebec to help mitigate some of the upfront costs of purchasing or leasing an electric vehicle, the amount you'll have to pay may still be on the high side.
The main factor influencing the price of EVs is the production costs, specifically battery costs. The batteries used in electric vehicles are made using lithium-ion technology, and producing these batteries requires rare natural resources like cobalt which is very expensive. With the sudden increase in demand for EVs, there's also a high demand for lithium-ion batteries resulting in battery prices going through the roof.
The larger the battery capacity, the higher the electric vehicle’s range. So, when car manufacturers want a higher range, they have to use larger, much more expensive batteries, driving the total cost of the vehicle up.
Related: You may be interested in cheap online furniture in Canada.
What Is The Cheapest Electric Car In Canada?
With the rising popularity of electric vehicles, finding one at an affordable price can be quite tasking. Like buying any car, you need to have an idea of the features or specifications you want in an electric vehicle and the type of EV you can afford based on your budget. Buying an electric car can cost twice as much as purchasing a gas-powered car, and if you're new to electric vehicles, it may be a little tricky choosing one unless you know what to look out for.
Here are 12 of the cheapest electric cars in Canada with their all-electric range, Manufacturer's Suggested Retail Price (MSRP), and other features.
#1 Chevrolet Bolt EV
Base MSRP for 2022 Model: $40,797
Base MSRP for 2023 Model: $41,147
All-Electric Range: 417 km
The Chevrolet Bolt EV is one of the cheapest electric vehicles in Canada and features remarkable cutting-edge technology, efficiency, and style, all designed to give the highest level of convenience. It comes with an outstanding all-electric range of 417 km, which is higher than the range of most electric cars, making it very suitable for long commutes and holiday travels. It also can accelerate from 0 to 96 km/h in 6.5 seconds.
While the starting price of the 2023 Chevrolet Bolt EV is $41,147, you can opt for the 2022 model, which is cheaper at $40,797.
Both models have touchscreen technology featuring a 10.2-inch diagonal HD color touchscreen with the Chevrolet Infotainment 3 Plus System, informative energy screens, and a Driver Information Centre.
The Chevrolet Bolt EV also offers connectivity features like wireless Android Auto™ and Apple CarPlay® compatibility, Chevrolet Connected Access, and Alexa Built-In with smartphone integration.
It also has mechanical, interior, and exterior features, including:
- 17-inch silver-painted machined-face aluminum wheels with carbon flash-painted pockets
- Michelin® Energy™ Saver all-season tires with Self Seal® technology
- 12-volt battery rundown protection
- Automatic climate control with cabin air filter
- StabiliTrak electronic stability control system with traction control
- Push-button keyless start
- Heated steering wheel, driver, and front passenger seats.
- Tire Pressure Monitoring System and Tire Inflator Kit
The Chevrolet Bolt EV also comes with Standard Chevrolet Assist as well as other advanced safety technologies and driver assistance features like:
- Following Distance Indicator
- Cruise Control
- Rear Park Assist and Lane Keep Assist with Lane Departure Warning
- Front Pedestrian Braking and Automatic Emergency Braking
- Rear Cross-Traffic Alert, Lane Change Alert, and Forward Collision Alert
- IntelliBeam® Automatic High Beams
When you buy or lease a new Chevrolet Bolt EV, you may be eligible for a standard Level-2 charging outlet installation in your home and more than $8,000 in federal and provincial, or territorial EV rebates.
Related: You may be interested in cheap online furniture in Toronto.
#2 2022 Hyundai KONA Electric Preferred
Base MSRP: $43,899
All-Electric Range: 415 km
With its unique grille design, power sunroof, and 17-inch alloy wheels, the Hyundai KONA Electric Preferred trim is designed using the highest advanced technology to enable you to navigate the city easily. The 5-seater has an all-electric range of 415 km when charged to 100%, making it perfect for long travels without fear of running out of power.
The Hyundai KONA Electric Preferred comes fully equipped with a host of premium features, including:
- Hyundai Smartsense Active Safety and BlueLink® Connectivity.
- Heat Pump and Battery Temperature Management System.
- 64kWh Lithium-Ion Polymer High-Voltage Battery.
- 150kW electric motor.
- Adaptive Cruise Control with stop and go.
- Blind-Spot Collision-Avoidance Assist and Forward Collision-Avoidance Assist with Pedestrian and Cyclist Detection.
- Hill Start Assist and Lane Keep Assist.
- Anti-lock Braking System with electronic brake distribution.
- Remote keyless entry system with alarm and panic.
- A maximum operating speed of 167 km/h.
Also, when you purchase or lease a brand new Hyundai KONA Electric, you may be qualified to receive up to $5,000 in EV federal rebate in addition to other provincial or territorial rebates.
#3 2023 Chevrolet Bolt EUV LT
Base MSRP for 2022 Model: $42,797
Base MSRP for 2023 Model: $43,147
All-Electric Range: 397 km
With a remarkable all-electric range of 397km when charged to 100% and the ability to accelerate from 0 to 96 km/h in 7 seconds, the Chevrolet Bolt EUV is an affordable fully-electric hatchback crossover with advanced technology and safety features similar to its Bolt EV sibling. While the starting price of the 2023 Chevrolet Bolt EUV is on the higher side, you can get the 2022 model for $42,797.
Like the Chevrolet Bolt EV, the Chevrolet Bolt EUV LT comes fully equipped with a ton of Chevrolet Safety Assist, performance, interior, and exterior features, including:
- A Chevrolet Infotainment 3 Plus System with a 10.2-inch diagonal HD color touchscreen
- 12-volt battery rundown protection
- DC fast charging capability
- Automatic Climate Control with cabin air filter
- SiriusXM®, wireless Android Auto™, and Apple CarPlay® with smartphone integration
- Rear Cross-Traffic Alert, Forward Collision Alert, and Lane Change Alert with Side Blind Zone Alert
- Rear Park Assist, Lane Keep Assist with Lane Departure Warning
- Automatic Emergency Braking, Electronic Parking Brake, and Front Pedestrian Braking
- Cruise Control and Electronic Stability Control System with traction control
- Tire Fill Alert, Tire Pressure Monitoring System, and Tire Inflator Kit
- Leather-wrapped heated steering wheel and heated driver and front passenger seats
You can also be eligible for a standard Level-2 outlet installation in your home when you purchase or lease a new Chevrolet Bolt EUV LT and up to $8,000 in federal and provincial EV incentives.
#4 2023 Kia Niro EV
Base MSRP: $44,995
Range: 407 km
With its one-of-a-kind combination of top-notch technology, comfort, style, and connectivity, the Kia Niro EV is one of the newest electric cars manufactured by the Kia automakers. It has a travel-friendly, all-electric driving range of 407 km when fully charged and a base MSRP of $44,995.
The Kia Niro EV comes with a 64.8kWh Lithium-Ion Polymer Battery with 182.5kW power, a 10.25-inch infotainment screen with integrated navigation, Apple CarPlay®, and Android Auto™ smartphone integration, and a lot of other advanced performance and safety features including:
- SiriusXM® satellite radio
- Kia Digital Key 2 Tech
- Automatic Collision Notification and Advanced Forward Collision-Avoidance Assist with the junction-turning function
- 17-inch alloy wheels with mudguards
- Heated and air-cooled front seats
- Smart Cruise Control and Immobilizer
- Lane Follow Assist, Hill Assist Control, and Lane Keep Assist Systems
- Blind-Spot Collision-Avoidance Assist and Rear Cross-Traffic Collision-Avoidance Assist
- Highway Drive Assist
- Heat Pump Technology and Tire Pressure Monitoring System
- Single-Zone automatic air-conditioning
With the Kia Niro EV, you could be qualified for up to $8,000 in federal, provincial, and territorial rebates and incentives.
#5 2022 Kia EV6 RWD Standard Range (SR)
Base MSRP: $44,995
All-Electric Range: 373 km
The Kia EV6 RWD SR is an all-electric vehicle with all-wheel drive and premium technological advancements proven to make driving easier and more convenient. The zero-emission car was built via Kia's Electric-Global Modular Platform (E-GMP) to ensure enough space for passengers and cargo. The result is a fully electric-powered vehicle with rapid acceleration and impressive motion. It also features a next-generation Head-Up Display (HUD) which uses Augmented Reality (AR) technology to give a 3D projected view of important driving information on the inside of the windshield below your line of sight.
The Kia EV6 RWD SR has an all-electric driving range of 373 km and a base MSRP of $44,995. It packs a lot of advanced features and specifications, including:
- A 12.3-inch suspension LCD/TFT instrument cluster
- Surround View Monitor and 12.3-inch multimedia interface with integrated navigation
- Dual-zone automatic climate control and defog system
- KiaConnect, Apple CarPlay®, and Android Auto™ smartphone integration
- Drive Mode and Smart Cruise Control with stop and go
- 58kWh Lithium-Ion Polymer Battery and 19-inch alloy wheels
- Forward Collision-Avoidance Assist and Rear Cross-Traffic Collision-Avoidance Assist
- Lane Keep Assist, Hill Assist Control, and Driver Attention Warning.
- Electronic Parking Brake with auto-select, Electronic Stability Control, and Immobilizer
- Tire Mobility Kit and Tire Pressure Monitoring System
- Virtual Engine Sound System
If you buy or lease a brand new Kia EV6 RWD SR, you may be qualified to receive up to $5,000 in federal EV rebates and other provincial and territorial incentives.
#6 Volkswagen ID.4 EV
Base MSRP: $42, 207
All-Electric Range: 336 km
With its impressive all-electric driving range of 336 km, heated seats, and 12-inch touchscreen center display with navigation, proximity sensor, FM/HD radio, and voice control, the Volkswagen ID.4 EV is a unique blend of comfort, technology, and style. Its base MSRP of $42,207 makes it one of the more affordable electric vehicles in Canada, while its advanced features make it perfect for all-season travels.
The Volkswagen ID.4 EV comes with a barrage of premium features, including:
- 19-inch Drammen alloy wheels with all-season tires
- 62kWh (gross) or 77kWh (net) high-voltage traction battery
- Apple CarPlay® and Android Auto™ with wireless AppConnect and smartphone integration
- Volkswagen Car-Net® with remote connectivity
- Climatronic® dual-zone front electronic air-conditioning with enhanced air filter
- Side Assist Blind-Spot Monitor with Rear Traffic Alert
- Front Assist Autonomous Emergency Braking with pedestrian and cyclist monitoring
- Park Distance Control (front and rear sensors) with Park Assist
- Travel Assist with Adaptive Cruise Control, Emergency, and Lane Assist
- Dynamic Road Sign Display
- Tool Kit and Tire Mobility Set made up of a 12-volt compressor and tire sealant
You can also qualify for up to $5,000 in federal rebates and other additional provincial and territorial incentives when you purchase or lease a brand new Volkswagen ID.4 EV.
#7 Hyundai IONIQ 5 Essential
Base MSRP: $47,650
All-Electric Range: 354 km
With a driving range of 354 km, a 125kW electric motor, and a 58kWh lithium-ion polymer high-voltage battery, the Hyundai IONIQ 5 Essential is a versatile fully-electric vehicle that combines technology with safety and design.
The SUV reaches full acceleration in 8.5 seconds and comes fully equipped with a lot of performance, safety, interior and exterior features and specifications, including:
- A 12.3-inch Electroluminescent Gauge Cluster with EV technology display
- Android Auto™, Apple CarPlay®, and SiriusXM™ smartphone integration
- A 12.3-inch Navigation System with EV technology functions
- BlueLink® connected vehicle system
- Dual Automatic Temperature Control
- Adaptive Cruise Control with stop-and-go capability
- Driver Only Mode, Drive Mode Select, and Shift-by-Wire Gear Selector
- Remote Keyless Entry System with Alarm and Immobilizer
- Autoflush door handles, Shark Fin antenna, and hidden charger door on the rear side panel
- 4-wheel disk brake regenerative braking system with steering-wheel-mounted paddles and Anti-lock Braking System
- Vehicle Stability Management with Electronic Stability Control and Traction Control System
- Hill Start Assist Control and Downhill Brake Control
- Blind-Spot Collision-Avoidance Assist, Rear Cross-Traffic Collision-Avoidance Assist, and Forward Collision-Avoidance Assist with pedestrian, cyclist, and junction-turning detection
- Lane Keeping Assist, Lane Following Assist, High Beam Assist, Safe Exit Assist, and Highway Driving Assist
- Driver Attention Warning and Parking Distance Warning-Reverse
- Tire Mobility Kit and Tire Pressure Monitoring System with individual tire indicator
With the Hyundai IONIQ 5 Essential, you can receive up to $5,000 in federal rebates and up to $6,000 in provincial and territorial incentives depending on your province or territory.
#8 2023 Nissan Leaf
Base MSRP: $40,248
All-Electric Range: 240km
The 2023 Nissan Leaf packs an extensive suite of Nissan Intelligent Mobility features designed to enhance your drive and performance. The all-electric SUV offers a driving range of 240km when fully charged and has a standard 40kWh battery with the choice to upgrade to the 60kWh battery via the PLUS trim.
With its automatic temperature control features, heated steering wheels, and heated front and rear seats, the Nissan Leaf is perfect for your winter drives or to keep you warm when you're driving on cold mornings.
The Nissan Leaf comes with a vast range of features, including:
- Customizable digital display with NissanConnect 8-inch touchscreen
- Bose® Energy Efficient Series Premium Audio System
- Nissan Intelligent Mobility
- ProPILOT Assist
- Child Restraint System
- Safety Shield® 360
- Intelligent Emergency Braking with Pedestrian Detection, Rear Automatic Braking, Rear Cross Traffic Alert, Blind Spot Warning, and Lane Departure Warning.
- High Beam Assist
- Mud Guard
- Tire Pressure Monitoring System with Easy-Fill Tire Alert
The Nissan Leaf EV is also eligible for $5,000 in federal rebates and other provincial and territorial incentives it may qualify for.
#9 2023 Kia Soul EV Premium
Base MSRP: $43,095
All-Electric Range: 248 km
The Kia Soul EV line is a compact crossover SUV that combines style and efficiency with intelligent advanced technology to create fun-to-drive, zero-emission vehicles with ample cargo space. It has an MSRP of $43,095, an all-electric range of 248 km, and a 480V fast charge system that provides up to 80% charge in 23 minutes, among other features.
The Kia Soul EV comes loaded with a ton of impressive features, including:
- UVO Intelligence Smartphone Integration
- KiaConnect, Android Auto™ and Apple CarPlay® with smartphone integration
- Automatic climate control and defog system
- 17-inch alloy wheels
- 39.2kWh Lithium-Ion Polymer Battery (LIPB) with 104kW power
- Advanced Forward Collision-Avoidance Assist with junction-turning function
- Blind-Spot Detection, Hill Assist Control, and Lane Keep Assist Systems
- Rear Cross-Traffic Alert and Blind-Spot Collision-Avoidance Assist
- Splash guards and heated front seats
- Tilt, telescopic, and heated steering wheel
With the Kia Soul EV Premium, you can be qualified to receive up to $5,000 in federal rebates as well as other provincial and territorial programs you may be eligible to receive.
#10 2019 Volkswagen e-Golf
Base MSRP: $36,720
All-Electric Range: 201km
The Volkswagen e-Golf was the German automakers' first foray into all-electric vehicles. With instant acceleration, which provides 100% of the vehicle's 214 lb-ft torque, an all-electric driving range of 201km, and a starting price of $36,720, the Volkswagen e-Golf is one of the most inexpensive all-electric vehicles in Canada.
The hatchback comes standard with premium features, including:
- A Discover Pro 9.2-inch touchscreen infotainment system with a proximity sensor
- 8.0-inch touchscreen infotainment system with proximity sensor, and CD player
- SiriusXM satellite radio and AppConnect smartphone integration with Android Auto™, Apple CarPlay®, and MicroLink®
- Climatronic® dual-zone electronic climate control
- Premium color multifunction display with trip computer and a Volkswagen digital cockpit
- 16-inch Astana aerodynamic alloy wheels
- 35.8kWh high-voltage battery
- Electronic parking brake with a regenerative braking system
- Adaptive Cruise Control with stop and go.
- Blind Spot Detection with Rear Traffic Alert, Park Assist, Lane Assist, Light Assist, Pedestrian Monitoring, and Park Distance Control
- Automatic post-collision braking system
- Tire Mobility Set and Tire Reserve Monitoring System
You could also qualify for up to $5,000 in federal EV rebates and other provincial and territorial rebates when you purchase or lease an electric vehicle.
#11 2020 Mini Cooper SE
Base MSRP: $45,590
All-Electric Range: 183 km
The Mini Cooper SE 3 Door is a fully-electric vehicle designed to deliver instant torque and meet your needs for efficiency and convenience. The 3 Door SUV has a 32kWh high-voltage lithium-ion battery, an all-electric driving range of 183 km when fully charged, and can accelerate at 60km/h in 3.9 seconds.
The Mini Cooper SE 3 Door has a regeneration function that allows you to recharge your vehicle while driving using the energy from the car's deceleration. It also comes fully loaded with other premium features, including:
- A standard 8.8-inch touchscreen featuring ConnectedDrive services, on-board navigation, Advanced Real-Time Traffic Information, and Remote Services
- A 5.5-inch screen behind the steering wheel to give a sleek and modern display of critical information while driving.
- An automatic temperature control system that allows you to pre-condition your car while plugged in overnight.
- 16-inch alloy wheels
- Heated front seats
- Acoustic protection for pedestrians
When you buy or lease a brand new Mini Cooper SE 3 Door, you may be qualified to receive up to $5,000 in federal EV rebates, in addition to other provincial and territorial incentives you might receive.
#12 2023 Mazda MX-30 EV
Base MSRP: $42,650
All-Electric Range: 161 km
The Mazda MX-30 EV is designed using E-Skyactiv EV Technology to create a warm, inviting interior with intuitive driving characteristics for the highest convenience.
It comes with a 35.5kWh battery and a driving range of 161 km, as well as other standard advanced features, including:
- 18-inch alloy wheels with a silver metallic finish
- 8.8-inch full-color display
- 7-inch touchscreen display air conditioning control panel for climate control
- Mazda Connect Infotainment System and FM/HD radio with eight speakers
- Apple CarPlay® and Android Auto™ with smartphone integration
- i-Activsense safety features
- Mazda Connected Car Services
- Advanced keyless entry
- Heated steering wheel
- HMI Commander switch
When you buy or lease a new Mazda MX-30 EV, you may be eligible for up to $5,000 in federal EV rebates and up to $3,000 if you live in British Columbia or $6,000 if you're a Quebec resident in provincial incentives.
Cheapest Electric Vehicle In Canada: Side-By-Side Comparison
In a side-by-side comparison, the table below shows the cheapest electric vehicles in Canada with their prices, range, and the maximum amount they qualify for in federal EV rebates:
| All-Electric Vehicle | Driving Range | Base MSRP | Cost per km of range | Maximum Federal EV Rebate Amount |
| 2022 Chevrolet Bolt EV | 417 | $40,797 | $98 | $5,000 |
| 2023 Chevrolet Bolt EV | 417 | $41,147 | $99 | $5,000 |
| Hyundai KONA Electric | 415 | $43,899 | $106 | $5,000 |
| 2022 Chevrolet Bolt EUV LT | 397 | $42,797 | $108 | $5,000 |
| 2023 Chevrolet Bolt EUV LT | 397 | $43,147 | $109 | $5,000 |
| Kia Niro EV | 407 | $44,995 | $111 | $5,000 |
| Kia EV6 RWD SR | 373 | $44,995 | $121 | $5,000 |
| Volkswagen ID.4 EV | 336 | $42,207 | $126 | $5,000 |
| Hyundai IONIQ 5 Essential | 354 | $47,650 | $135 | $5,000 |
| Nissan Leaf | 240 | $40,248 | $168 | $5,000 |
| Kia Soul EV Premium | 248 | $43,095 | $174 | $5,000 |
| Volkswagen e-Golf | 201 | $36,720 | $183 | $5,000 |
| Mini Cooper SE | 183 | $45,590 | $249 | $5,000 |
| Mazda MX-30 EV | 161 | $42,650 | $265 | $5,000 |
So from our comparison, we've found that the highest driving range is offered by the Chevrolet Bolt EV, closely followed by the Hyundai KONA Electric. For the price, the cheapest all-electric vehicle on our list is the Volkswagen e-Golf which has a starting price of $36,720.
How To Save Money When Buying An Electric Car In Canada
While electric cars are very environment-friendly and cheap to maintain, the upfront costs are on the more expensive end of things. Electric cars cost twice as much as gas-powered cars.
As every dollar counts, finding ways to save money while buying an electric car is crucial. So, here are a few tips to enable you to spend less while buying electric cars in 2023:
#1 Buy A Used Electric Car
Buying a used electric car is one of the cheaper ways to save on the initial costs of purchasing a brand-new electric vehicle. Brand new electric cars cost at least $15,000 more than gas-powered cars, so buying a used or second-hand one will be cheaper and help you save up to $10,000, depending on the type of used electric car you buy. However, ensure that you're purchasing the used EV from a trusted source and that the vehicle is in fairly good condition.
#2 Lease An Electric Car
Leasing an electric car is way cheaper than buying a new one. Many car manufacturers allow customers get new EVs on lease instead of buying them. However, the vehicle will be yours only for the lease period, after which you'll have to return it. But this way, you can weigh your options to know if you'll get the same type of car when you’re eventually ready to buy one. Depending on the car you're leasing, you may have to pay at least $5,000 for a 2-year lease which is far cheaper than spending more than $30,000 on a brand-new electric car, thus, helping you save more than $20,000.
#3 Buy The Previous Year's Model
Instead of buying an electric car that debuted in the current year, you can opt for a previous model of the same car. Both cars are the same, with just minor upgrades and different price tags. For instance, the 2023 Chevrolet Bolt EV costs more than $1,500 more than the 2022 model, but both cars have technically the same specifications. So purchasing the 2022 Chevrolet Bolt EV will help you save up to $1,500.
#4 Apply For EV Rebates And Incentives
To enable Canadians to adopt clean technology and reduce greenhouse gas emissions, the Canadian government funded the Incentives for Zero-Emission Vehicles (iZEV) to provide Canadians who own eligible electric vehicles with benefit amounts to help lower the upfront cost of the EV. The incentive aims to encourage more Canadians to turn to zero-emission vehicles to reduce their carbon footprint.
If you purchase or lease an eligible electric vehicle, you may qualify for up to $5,000 in federal rebates. If you live in British Columbia or Quebec, you may be qualified for up to $3,000 or $6,000, respectively, in provincial or territorial incentives.
Final Thoughts
While electric cars help reduce carbon footprint and greenhouse gas emissions and are more cost-effective when compared to gas-powered vehicles, they are expensive to buy. So, it's essential to find more affordable electric cars.
There are tons of electric vehicles in Canada that, while still pricey, are more affordable, like the Volkswagen e-Golf, compared to their counterparts. If you're on a budget, you can use the tips in the article above to help you save money when buying electric vehicles.
12 Cheapest Electric Cars In Canada In 2023 FAQs
Why should I buy an electric car in Canada?
Buying an electric car saves you money on gas and reduces your carbon footprint and greenhouse gas emissions.
Are charging stations free in Canada?
Some Level 2 public charging stations are free to use, while some charge hourly up to $1.00 per hour of per charge at $2.50. Level 3 public charging stations cost per minute or charge and are generally more expensive than Level 2 charging stations but way faster.
Is it cheaper to own an electric car?
Yes, aside from the upfront cost of the electric car, it is cheaper to own an electric car than it is to own a gas-powered car. This is because electric vehicles are cheaper to maintain than gas-powered cars, as you'll save more on gas.
Are electric cars cheaper than gas-powered cars in Canada?
No, electric cars are more expensive than gas-powered cars and can cost up to twice the amount of a gas-powered car.
