15 Most Expensive Electric Cars and What They Cost (2024)

David Nadelle

·5 min read

15 Most Expensive Electric Cars and What They Cost (1)

Once thought to be uncommon, there are a bunch of luxury electric vehicles (EVs) on the market now, which isn’t surprising given that all American drivers will eventually be switching over to EVs and companies are getting competitive with production lines and widening their model and trim range.

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While you can buy low-priced, entry-level EVs like the Nissan Leaf and the Chevrolet Bolt for around $25,000-$30,000, you can also easily pay over $100,000 (or $1 million) for a number of electric cars.

Keep in mind that you won’t find many of the following cars during your lazy Sunday car lot jaunts. Many are hypercars — ultimate performance vehicles that are practically prototypes and produced in extremely limited runs. But it’ll show you what’s on the minds of today’s future-looking companies.

Additionally, the estimated MSRPs are for base models. For example, the last entry on the list below, the Porsche Taycan, has a starting price listed at $92,550. However, the “highest variant in the lineup and also the most expensive one,” the Turbo S Cross Turismo model, starts at $197,500, per TopSpeed.

Here are the 15 most expensive electric cars and what they cost.

1. Aspark Owl

  • Estimated Starting Price: $4 million

  • Random Model Fact: This Japanese “hypercar” produces twice as much power as Formula 1 cars, has a top speed of 260 mph and a 0-60 mph time of 1.72 seconds, per Top Gear.

2. Lotus Evija

  • Estimated Starting Price: $2.3 million

  • Random Model Fact: With “a power output of 2,000PS (1,972bhp in old money), 1,700Nm of torque, and a staggering zero-to-186mph time of under nine seconds,” the Evija plans to pack power in a lightweight package, Wired noted.

3. Pininfarina Battista

  • Estimated Starting Price: $2.25 million

  • Random Model Fact: With a $2.25 million price tag, you better be getting top shelf luxury and performance for your money. The powerful 1,900 horsepower, four-engine output is matched with the utmost in design details.

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4. Rimac Nevera

  • Estimated Starting Price: $2.1 million

  • Random Model Fact: According to its website,the Rimac Nevera is the “ultimate record-breaking hypercar,” topping out at 258 mph and smashing 23 speed benchmarks in a single day.

5. Deus Vayanne

6. Hispano Suiza Carmen Boulogne

  • Estimated Starting Price: $2 million

  • Random Model Fact: The Spanish-made Hispano Suiza Carmen Boulogne is a limited-to-five, ultra-luxurious ride that looks like the Batmobile with scissor doors and ultra-high tech features.

7. Drako GTE

  • Estimated Starting Price: $1.3 million

  • Random Model Fact: The low and wide, four-motor Drako GTE has been created for the (very rich) driver who values transcendent power and maneuverability.

8. Rolls-Royce Spectre

  • Estimated Starting Price: $400,000

  • Random Model Fact: We’ve finally reached cars priced for the very, very rich individual, instead of the ultra-high net worth driver. This ultra-luxury electric sports coupe is Rolls-Royce’s first EV, and has a swanky mix of modern elegance, handcrafted precision and one-of-a-kind performance.

9. Cadillac Celestiq

  • Estimated Starting Price: $300,000

  • Random Model Fact: This electric sedan will be hand-made to order per the buyer’s commissioned specifications. One standard tech feature: a 55-inch display spanning the width of the dashboard.

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10. BMW i7

  • Estimated Starting Price: $120,295

  • Random Model Fact: We’ve been describing luxury cars largely in terms of performance here, but luxury means opulence, and the BMW i7 has it in spades. From 5.5-inch color touchscreens for passengers to the 12.3-inch driver’s display to the 31-inch movie screen for rear passengers, manual controls are obsolete in this car’s world.

11. Audi e-tron GT

  • Estimated Starting Price: $106,395

  • Random Model Fact: Audi’s first all-electric sedan shares a platform and is comparable to Porsche’s Taycan, but with more attention to comfort and less on performance, said Edmunds.

12. GMC Hummer EV/Hummer EV SUV

  • Estimated Starting Prices: $106,945/$105,595

  • Random Model Fact: These Hummer supertrucks will be limited, but not limited like some of the EVs mentioned above. Of course, the appeal of Hummers is that they can go where a lot of luxury cars can’t: off-roading with no-limit power.

13. Mercedes-Benz EQS/EQS SUV

  • Estimated Starting Price: $105,550

  • Random Model Fact: Both the EQS and its SUV counterpart have the same starting price and are offered on three powertrain options, per Edmunds. The SUV has seating up to seven, but with such a quiet cabin and smooth ride, you’ll only notice noise from your passengers.

14. Tesla Model X

  • Estimated Starting Price: $100,130

  • Random Model Fact: Finally, we come to THE name in EVs, Tesla. The company has recalled over two million of its vehicles over autopilot safety issues — the 2016-2023 Model X included. The EV SUV gets top marks for speed and handling, but less kudos for practicality and wind noise, per Consumer Reports.

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15. Porsche Taycan

  • Estimated Starting Price: $92,550

  • Random Model Fact: The only base model on this list that starts under $100K, the Taycan is Porsche’s first push into the electric vehicle market, and it’s pulled off a coup, delivering a sedan that has awesome range, style, comfort and performance.

More From GOBankingRates

This article originally appeared on GOBankingRates.com: 15 Most Expensive Electric Cars and What They Cost

15 Most Expensive Electric Cars and What They Cost (2024)

FAQs

Which is the most expensive electric car? ›

Priced at a staggering ₹7.5 crore ex-showroom, before additional options, the Spectre takes the crown as the most expensive four-wheeled EV available for private buyers in the country. The Spectre boasts a substantial 102kWh battery pack, offering an impressive range of 530km on the WLTP cycle.

What does an all electric car cost? ›

Surprisingly, many electric SUVs are quickly entering the market at or even below the average price of electric vehicles of any category. While the least expensive electric SUV, the Chevrolet Bolt EUV, actually comes in at less than $30,000, most electric SUVs on the market cost between $35,000-$45,000.

How much do luxury electric cars cost? ›

With a base price of $43,990, the 2024 Tesla Model Y is the most affordable model among luxury electric SUVs. What luxury electric SUV gets the best mileage? The base 2024 Tesla Model Y has the highest MPGe figures among luxury electric SUVs, with 115-127 MPGe city and 106-117 MPGe highway.

What is the true cost of EVs? ›

According to data from Cox Automotive (parent company of Kelley Blue Book), the average price paid for a new EV has fallen significantly—in September 2023, it came down by $14,300 over the prior year. This amounted to a cost of just $2,800 more than the average paid for a new gas-powered vehicle.

What is the #1 electric car? ›

The best electric car is the 2023 Chevrolet Bolt, with an overall score of 8.4 out of 10. The best luxury electric car is the 2024 Lucid Air, with an overall score of 8.5 out of 10. What is the best electric SUV? The best electric SUV is the 2024 Hyundai Ioniq 5, with an overall score of 8.4 out of 10.

What is the number 1 electric car sold? ›

The Tesla Model Y is #1 again in the electric vehicle market. Registrations were up 63% year over year (YoY) in January, to over a million units. China's market was the main driver of growth. Share-wise, 2024 started with plugin vehicles getting 16% share of the global auto market (10% BEV).

Is a Tesla actually cheaper than gas? ›

What is the yearly cost of driving a Tesla? If you calculate the average of all Tesla models, it costs $614.95 to charge per year. Comparable gas-powered cars cost an average of $1,850.42 to fuel per year. So, Teslas cost approximately $1,235 less to drive each year than gas vehicles.

What is a 100% electric car? ›

An electric car or electric vehicle (EV) is a passenger automobile that is propelled by an electric traction motor, using only energy stored in on-board batteries.

What is the cheapest Tesla? ›

Tesla Model 3 price

The 2023 Tesla Model 3 is the cheapest Tesla car currently offered. The base rear-wheel drive (RWD) trim has an official starting price of $40,240. The Model 3 Long Range is a tad more expensive at $47,240. The most expensive Model 3 is the Performance model, which costs a minimum of $53,240.

What is the cheapest all electric luxury car? ›

2024 Tesla Model S

The best luxury electric car is the 2024 Lucid Air, with an overall score of 8.5 out of 10. What is the cheapest luxury electric car? With a base price of $38,990, the 2024 Tesla Model 3 is the most affordable model among luxury electric cars.

Is Lucid better than Tesla? ›

There's no question that the Lucid Air Sapphire is a better car than the Tesla Model S Plaid. It's brilliant to drive as a canyon-carving supersports sedan and a cross-country grand tourer. Its exceptional range and fast-charging capability challenge Tesla's reputation as the untouchable EV technology leader.

Will electric cars become less expensive? ›

The cost to make a new electric car could fall to the same level as gas-powered ones as soon as 2027 because of more efficient manufacturing, according to a March 7 report from the technology consulting firm Gartner.

Do fueling electric vehicles cost $17 per gallon? ›

A new study found that fueling electric vehicles costs roughly $17 per gallon. In its paper “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles,” the Texas Public Policy Foundation stipulated that the hidden costs of fueling EVs drastically outweigh its low upfront fueling costs.

Why are EVs so overpriced? ›

The costliest part of the electric car is the battery and worldwide shortages of lithium (an essential element in lithium-ion batteries) have driven prices higher. Between 2020 and 2023 there was also a shortage of semiconductors (essential in these high-tech cars) caused by the COVID pandemic.

Are EV cheaper than ice? ›

On one hand, EVs are usually more expensive compared with similar internal combustion engine (ICE) vehicles. On the other hand, EVs have cheaper annual fuel and maintenance costs that can make up for the higher sticker price over time.

What is the most popular fully electric car? ›

Our data reveals that the electric four-door sedan manufactured by Tesla, is the most desired electric car model with 1,852,356 global monthly searches. Tesla has previously stated that the Model 3 carries full self-driving hardware to be optionally enabled at a future date.

What is the most sold electric car in the US? ›

The top-selling electric vehicle in the U.S. is the Tesla Model Y with 394,497 units sold in 2023, according to Cox Automotive data.

What is the most advanced electric vehicle? ›

Most technologically advanced electric cars
  • Tesla Model S Plaid. The Tesla Model S Plaid is one of the most technologically advanced electric cars on the market today. ...
  • Porsche Taycan. The Porsche Taycan is Porsche's first all-electric vehicle, and it's a doozy. ...
  • Audi e-tron GT.
Apr 3, 2023

How much is cheapest Tesla? ›

Tesla Model 3 price

The 2023 Tesla Model 3 is the cheapest Tesla car currently offered. The base rear-wheel drive (RWD) trim has an official starting price of $40,240. The Model 3 Long Range is a tad more expensive at $47,240. The most expensive Model 3 is the Performance model, which costs a minimum of $53,240.

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