Cheapest Electric Cars in Canada (2025 Guide)
By Drive with Babar – Get Pre-Approved for EVs Across Canada
Electric vehicles (EVs) are no longer just luxury options for the few — they’re becoming affordable, practical, and increasingly common on Canadian roads. With rising fuel prices and eco-conscious driving on the rise, many Canadians are asking:
“What’s the cheapest electric car I can buy in Canada?”
At Drive with Babar, we specialize in helping Canadians get pre-approved for all kinds of vehicles — including budget-friendly electric cars.
So here it is: a complete list of the cheapest electric vehicles (EVs) available in Canada in 2025, with estimated prices before provincial and federal rebates.
💰 1. Chevrolet Bolt EV (2025)
Starting Price: ~$39,000 CAD
Range: 417 km
Why It’s Great:
Still one of the best-value EVs in the market. Spacious interior, zippy performance, and solid range. Eligible for federal rebates and most provincial incentives.
✅ Excellent range for the price
✅ Great for city and highway
✅ Affordable to insure and maintain
⚡ 2. Nissan Leaf (2025)
Starting Price: ~$38,500 CAD
Range: 240–342 km (depending on trim)
Why It’s Great:
The Leaf is one of the most popular and reliable EVs on the planet. The base model is perfect for daily commutes, and the extended-range Plus model is still budget-friendly.
✅ Proven reliability
✅ Lower trims qualify for full incentives
✅ Comfortable and easy to drive
🚙 3. Hyundai Kona Electric (2025)
Starting Price: ~$44,000 CAD
Range: 418 km
Why It’s Great:
A small SUV with premium features, surprising performance, and solid range. It’s one of Canada’s best-selling electric SUVs — and still relatively affordable.
✅ Long range for the price
✅ Compact SUV body style
✅ Great tech and safety features
🚗 4. Mini Cooper SE Electric (2025)
Starting Price: ~$37,500 CAD
Range: 183 km
Why It’s Great:
A stylish urban EV, perfect for short commutes and city driving. Compact, fun to drive, and lower-priced — but limited by a shorter range.
✅ Affordable entry into EV market
✅ Iconic design
✅ Great city car
🌿 5. Fiat 500e (2025)
Starting Price: ~$36,000 CAD
Range: 240–320 km (depending on trim)
Why It’s Great:
New to Canada in 2024/2025, the Fiat 500e is compact, quirky, and eco-friendly. Ideal for urban drivers looking to switch to electric on a tight budget.
✅ One of the cheapest EVs
✅ Fun to drive
✅ Compact and easy to park
🚙 6. Mazda MX-30 EV (2025)
Starting Price: ~$42,000 CAD
Range: 161 km
Why It’s Great:
Mazda’s first EV focuses on design and handling over range. It’s not for long trips, but great as a second car or city commuter.
✅ Premium interior
✅ Strong handling
✅ Stylish and unique design
Federal and Provincial Incentives (2025)
Canada’s iZEV Federal Rebate:
- Up to $5,000 off qualifying EVs
- Applies to many models on this list
Example Provincial Rebates:
- Quebec: Up to $7,000
- BC: Up to $4,000
- Nova Scotia, PEI, NL, NB: Rebates vary between $2,500 – $5,000
💡 Stacking incentives can bring some EVs under $30,000 CAD after rebates!
🔍 Which Is the Best Cheap EV for You?
| Model | Starting Price | Range (km) | Ideal For |
|---|---|---|---|
| Chevy Bolt EV | ~$39,000 | 417 | Best overall value |
| Nissan Leaf | ~$38,500 | 240–342 | Budget daily driver |
| Hyundai Kona EV | ~$44,000 | 418 | Compact SUV seekers |
| Mini Cooper SE | ~$37,500 | 183 | Urban & stylish drivers |
| Fiat 500e | ~$36,000 | 240–320 | Eco-conscious city drivers |
| Mazda MX-30 | ~$42,000 | 161 | Design-focused commutes |
🔑 Bonus: Get Pre-Approved for an EV with Drive with Babar
At Drive with Babar, we help you:
- ✅ Get pre-approved online (even with credit challenges)
- ✅ Access EVs that qualify for rebates and financing
- ✅ Trade in your old gas vehicle
- ✅ Explore hybrids, PHEVs, and full EVs
We make switching to electric simple, fast, and affordable.
🌎 Final Thoughts
EVs in 2025 are more affordable than ever — and with the right guidance, you can drive away in a clean, quiet, and budget-friendly vehicle that saves you thousands in gas and maintenance.
At Drive with Babar, our team will help you compare options, understand incentives, and get approved for the EV that fits your lifestyle.
Ready to Go Electric?
⚡ Apply for Pre-Approval Now
⚡ See Eligible EVs in Our Inventory
⚡ Speak with a Financing Specialist Today
Drive Smarter. Drive Electric. Drive with Babar.
