Best electric cars for every budget and lifestyle in 2023

Just a few short years ago, there was a pretty limited electric vehicle selection, with only a handful of models to choose from. Nowadays, electric car models are everywhere, thanks in part to Tesla.

Since there are now so many electric cars to choose from, the hardest part is deciding which one suits you best. In this article, we compiled the best options to fit your budget and lifestyle. 

Important note: EV car pricing can change quickly; these costs are accurate as of January 2023.

What are the best EVs for 2023?

Our top electric car choices were rated for their quality, mileage, and practicality. After all, there is no point in having an electric car that you do not enjoy driving or does not offer the right mileage range for you. 

We broke down the cars into two categories: luxury and practical.

Luxury:

• Tesla Model X

• Porsche Taycan

• Jaguar I-Pace SUV

• Audi e-tron

Practical:

• Nissan Leaf

• Hyundai Kona Electric

• Chevrolet Bolt

• Tesla Model 3

Luxury electric car options

If you are in the market for a smooth driving, luxury electric car, with fast pickup and numerous features, there are many to choose from. We’ve rounded up 4 of the best:

Tesla Model X 

Tesla has become one of the biggest names in the electric car manufacturing industry since the debut of the Model S in 2012. Tesla offers a few models but the luxury SUV Model X includes all the exciting features Tesla has to offer, from driver assist to the thoughtful internal and external styling.

The Tesla Model X is a bit pricey, starting at $109,990, but it has a mileage range of 351 miles after a single charge. The Plaid model is the quickest accelerating SUV available today, with the ability to go 0 to 60 mph in just 2.5 seconds. This version does come at a cost - The Tesla Model X costs a whopping $119,990. Unfortunately, the Model X can have a longer waiting time for a Tesla, so you may find yourself waiting a few months to get your hands on one if they're in high demand.

It's worth the wait though, the Model X does possess some great qualities. Wherever you need to get to, the Model X offers speed, luxury, and quality, with interior features like a touchscreen monitor and HEPA filtration air conditioning systems.

Learn more: All Tesla models & prices in 2023

Porsche Taycan 

Porsche is finally making the leap into producing fully-electric cars, starting with their Porsche Taycan. 

The base model Taycan is a luxury electric sports car that boasts a 0-to-60 time of less than 5.1 seconds, 242 miles on a full charge, rear-wheel drive, and a 402-horsepower electric powertrain engine. 

The base model starts at $86,700, while more advanced options like the Turbo S Cross Turismo model will cost around $97,700.

Jaguar I-Pace SUV 

Jaguar is also adding to the electric car luxury model lineup with its well-received I-Pace SUV model. 

The high build quality of the I-Pace includes a 90kWh battery pack and dual electric motors, producing 394 horsepower. It can reach an EPA-estimated 222 miles of range on a single charge, with pricing starting at $71,300.

Audi e-tron 

The Audi e-tron is the first purely electric car from Audi, and as an SUV, it offers rear seat space, comfort, and all-wheel-drive. 

The Audi electric car does not skimp on performance, reaching 0-60mph in 5.5 seconds, and offers 4,000 pounds of towing capacity. Starting at $70,800, the e-tron can drive up to 226 miles after a single charge and offers an exciting driving experience.

Practical electric car options

If you are looking more for an EV that does not need to be super fast or include fancy features, there are many practical options available.

Nissan Leaf 

The vehicle that comes to mind for most people when they think “electric car” is the Nissan Leaf. Debuting in 2010, it was the first mass-marketed electric car, and at a price point starting at $28,040, it is more budget-friendly than its luxury counterparts.

 As of January 2023, there are two models available, the S and the SV PLUS. They range in price, from $28,040 for the base model to $36,040 for the SL PLUS. The driving range of each car is different but you can expect 149 miles per charge for the basic models and up to 212 miles for the SV PLUS model and 226 miles for the S PLUS.

The Nissan Leaf offers a certain confidence in purchasing since it has been in production and used by drivers for over 10 years, and not many other electric car models can say that.

Hyundai Kona Electric 

Hyundai's original Kona vehicle is considered one of the best subcompact crossovers on the market, so it comes as no surprise that their new electric version will likely end up being one of the most popular electric options on the road.

The Hyundai Kona is an electric hatchback that can reach a range of 258 miles. As of January 2023, the Hyundai Kona Electric is only available in limited markets throughout the United States at a price point of $33,550 for the SE model. Hyundai says it will soon expand availability to the rest of the country.

Chevrolet Bolt 

Another option is the Chevy Bolt which offers 259 miles per charge at a great starting price point of $25,600.

Although the Chevy Bolt is small, it offers great torque and pickup, with 0-60mph in 6.5 seconds. Chevy will also cover the cost of a Level 2 charger installation at your home, saving you hundreds of dollars.

Tesla Model 3 

Compared to the Tesla Model X, the Tesla Model 3 is a little more affordable. So if luxury and the appeal of driving a Tesla are important to you, a Model 3 is a great choice. 

The Tesla Model 3 has a starting range of 272 miles for the Standard Range Plus model, but the Long Range Model can reach 315 miles. The Standard Range Plus model costs $40,390 (without any add-ons). The car is also outfitted with an all-in-one touchscreen and an all-around 5-star safety rating.

What electric cars are there to look forward to?

The future of cars is electric and there are plenty of new vehicles to be on the lookout for.

More and more manufacturers are producing electric cars as part of their yearly lineup of vehicles, like Volvo - which recently announced that all future Volvo models will be electric by 2030 - and the new Volkswagen ID. 

There are many manufacturers that build electric cars in addition to their more well-known combustion engine counterparts, including models like the BMW i3, Kia EV6, and Hyundai Ioniq.

How do I choose the best EV for me?

Electric cars are becoming more desirable, more affordable, and easier to own and charge. Charging stations are popping up nationwide and cars' electric range per charge is increasing. 2023 is a great time to purchase a new electric vehicle and install solar panels to charge your new car CO2-free.

Once you've made the decision to purchase an electric car, you'll want to make sure to do your research on the models that are currently available on the market - there are plenty of options, not just what we listed above. A few things to take into consideration include:

• The type of vehicle you will need based on your driving habits. Your options include a sedan, crossover SUV, or luxury

• The mileage range you need, i.e., will you be driving to and from work, do you live in a city with ample charging options, or do you need this car to travel hundreds of miles?

• Will you have access to charging stations where you live and work?

• Your budget - a Porsche price point is definitely luxury but there are many great, well-priced options on the market

Just like shopping for a gas-powered car, your best option is to compare the different types of electric vehicles that you are interested in, including their features and warranty options. Ultimately, test driving a potential electric vehicle is the best way to pick one you will like.

Once you determine the right option for your needs, consider installing solar panels to save even more money by reducing your electric bills and completely eliminate your CO2 output by charging your car with clean energy.