There are only a handful of EVs priced under $35,000, and the cheapest, the Chevy Bolt EV, will be discontinued this year. Prices for the 2025 Volvo EX30 built in China start at $36,145, even after tariffs. Chinese cars imported to the US This Volvo crossover could represent the beginning of the Chinese EV giant in the US market. Last week’s announcement of the 2025 Volvo EX30 may be seen as a watershed moment for U.S. auto sales. The 268-horsepower, rear-wheel-drive EX30 has a range of 275 miles and a starting price of $36,145. That means the smallest Volvo falls into a very small group of EVs priced under $40,000. Admittedly, the EX30 is more expensive than the 2023 Chevrolet Bolt EV, which has a range of 259 miles and a starting price of just under $28,000, but unless that car is retired, it will be in production by the end of this year. Scheduled to end. Until GM actually starts selling its promised $30,000 Chevrolet Equinox EV, there won’t be anything close to that price. There’s also the 2023 Hyundai Kona Electric (scheduled for a redesign next year) with 458 miles of range and MSRP.
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