For those looking at electric vehicles, there is quite a choice available. The EV market is developing at a rate of knots, and there are a raft of new models either here already, or on their way soon.
As such, we’ve updated our Price vs Range guide, which looks at one aspect of an EV’s affordability – how much it costs to buy a mile of range in a new EV.
We’ve highlighted the best value model in the manufacturer’s range as the champion for each particular badge. There are models with different trim levels and various ranges available, but to include them all would make the below table about a hundred rows long – and that’s just for the models currently available to buy or order.
Which EVs offer best value for money?
|Model||WLTP range (miles)||OTR price (inc. PiCG)||Price per mile (OTR / Range)|
|Renault Zoe Z.E.50||242||£25,670||£106|
|Seat Mii Electric||161||£19,300||£120|
|Kia Soul EV||280||£33,795||£121|
|Hyundai Kona Electric||279||£35,100||£126|
|Tesla Model 3||348||£47,990||£138|
|Nissan Leaf e+||239||£35,895||£150|
|Hyundai Ioniq Electric||194||£29,450||£152|
|DS 3 Crossback E-Tense||200||£30,490||£152|
|MG ZS EV||163||£24,995||£153|
|Tesla Model S||379||£78,690||£208|
|Nissan e-NV200 Combi||124||£29,255||£236|
|Mercedes Benz EQC||259||£62,220||£240|
|Smart EQ fortwo||71||£17,420||£245|
|Smart EQ forfour||68||£17,915||£263|
|Tesla Model X||314||£83,690||£267|
|Porsche Taycan 4S+||287||£84,535||£295|
Notes: Figures compiled by Next Green Car based on OTR of base models including the UK Plug-in Car Grant (PiCG) at £3,500 where possible, and official WLTP range supplied by manufacturers.
Models not yet on the road, but with confirmed UK prices and specifications are included, with the PiCG taken off its price for fair comparison, despite it being too early to be approved. All models in the table meed OLEV Category 1 specifications at the time of publication, and would be expected to receive the PiCG in full.
Having been a long-term leader in the price-vs-range table, the Renault Zoe has regained its top spot thanks to a new, larger capacity battery and competitive pricing. It replaces the Kia e-Niro in pole position, with third place taken by a new entrant in the shape of Peugeot’s e-208.
Seat’s Mii Electric is another newcomer, straight into the top five at number four. As the first of the VW Group triumvirate of electric citycars – which includes the updated VW e-up! and new Skoda Citigo-e iV – to arrive, we can expect similar success from these forthcoming models.
These new arrivals push the new Kia Soul EV into fifth, despite having a large battery and similar pricing to the e-Niro. Kia’s group stablemate Hyundai sits behind the Soul EV with the similarly sized Kona Electric, while the Peugeot e-208’s group buddy – Vauxhall’s Corsa-e – is another newcomer, this time in seventh.
Tesla’s Model 3 has been included in the list for the fist time, and is the most expensive model in the top ten. It reaches these heights however, because of a long range, and relatively good pricing. All three Tesla models – 3, S, & X – are represented by the Long Range specification.
Nissan’s Leaf e+ rounds out the top 10, where once it was right towards the top of the Price vs Range table, while new or significantly updated models make up the next four places.
Mini enters the fray with what is surely going to prove a popular model, the Electric hatch. Hyundai’s Ioniq Electric benefits from a larger battery pack, the Polestar 2 looks set to challenge the Tesla Model 3, the DS 3 Crossback E-Tense rounds out the PSA Group’s three new compact EVs – all of which share a platform and powertrain – and MG provides a practical EV with a decent range and reasonable price.
The MG ZS EV is currently, at the time of publication, even better value thanks to an additional discount from MG. This discount for a set number of new customers sees the ZS EV move from 14th to eighth thanks to a new figure of £135.
Further down the list, other new entrants include the Honda e, which is pitched as a premium model without a focus on range, Mercedes Benz’s EQC – a direct challenger for the Audi e-tron, and to a certain degree, Jaguar’s I-Pace – while the latest premium German model to arrive is the Porsche Taycan, which will rival the Tesla Model S.
The market has moved on significantly since we last carried out this analysis at the start of the year. In January 2019, there were 19 models listed, whereas now there are 27.
We’ve trimmed down the list too, and could reasonably add the BMW i3s as we did before, plus a few other variants. However, there is becoming an increasing need to keep things tight.
Previously, there were six models listed as having a range of 200 miles or more on a single charge. This table sees seven in the top 10 alone, and 15 in total – more than half the listings.
Only five have a range of less than 150 miles, and of those, four are older models that are either set to be replaced, or so compact that a longer range simply isn’t required for the audience.
Clear benchmarks are being established in various sectors, though these aren’t set in stone. As the EV market becomes increasingly ‘normal’, improved options are coming along.
For example, the Honda e, and to a lesser extend, Mini’s Electric show that manufacturers are happy to bring out shorter range EVs for those without a need for long-distance travel, or for those looking at an EV as a second car.
That’s not to say long trips can’t be made in these shorter range EVs, but manufacturers must believe that a focus on style and performance is key for some buyers, rather than outright range.
The benefit of these models of course is shorter charging time, and greater efficiency. At the other end of the spectrum, models like the Porsche Taycan show that by allowing for ultra-rapid charging, long distance EVs with a range of around 300 miles will prove viable for a large number of drivers, reducing charging times by speeding up the charging, rather than shrinking the battery.
Going forward, we’re surely going to see greater choice available from a variety of manufacturers. There are a number of EVs on the horizon, which is only good news for buyers.
All models listed use the official WLTP range figure, which we have found to be a reasonable and achievable distance on the whole, in day-to-day driving. Clearly various driving styles, environments, and weather conditions will have an effect on the range available from a single charge, but we are yet to find a WLTP figure that seems unattainable.
The only exception to the above is the Polestar 2, which is yet to be homologated in Europe. As such, there is no official WLTP range, and we are going off the manufacturer’s expectations for that test procedure.
Judging from past models, an expected range from a manufacturer is pretty close to the final official figure, so we are happy to work with that for now, and update it when possible. To be included in the list, all models must have a UK price confirmed – with or without PiCG – which is why the likes of the VWs ID.3 and e-up! and BMW iX3 are not yet factored in. They will appear in future updates.
As mentioned above, all model pricing is inclusive of the £3,500 UK Plug-in Car Grant. Again a few models, including the Polestar, aren’t yet eligible for the grant, but all models meet the OLEV Category 1 criteria and will be expected to be approved. By applying it ourselves in this list, it makes it a fairer comparison.
Equally, only those full-purchase costs have been included, to keep comparisons fair. The Renault Zoe for example is available with a mandatory battery lease, which reduces the OTR cost. It would be unfair to compare this set-up against a conventional OTR price from rival EVs.
While we hope that this simple but useful metric will help if you are looking to buy an EV, it is worth remembering that price-vs-range is only one aspect of choosing which EV is right for you. As new models become available, we will attempt to update the table to reflect the changes they bring, so keep checking back for more information.