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Affordable electrified cars coming by two thousand twenty – Business Insider

7 electrified cars coming to market by two thousand twenty that you can actually afford

A slew of long-range, electrical cars are expected to hit the market by 2020.

Several of these electrified vehicles will be made by luxury automakers and will likely cost upwards of $50,000.

But there are also several automakers working on EVs with a range of 200-plus miles that will likely have a friendlier price tag.

Here’s a breakdown of the long-range electrified cars coming to market in the next few years that people would be able to afford.

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Tesla’s Model three is expected to go into production before the end of 2017.

The vehicle is expected to commence at $35,000, but consumers will have to pay a duo thousand extra if they want Autopilot features activated.

CEO Elon Musk has said the Model three will have a range of at least two hundred fifteen miles per charge and will be spacious enough for five people.

Tesla began taking preorders for the vehicle in April two thousand sixteen and says it has about 400,000.

While the company plans to produce some of the preorders by the end of 2017, the bulk will likely be delivered in 2018. So if you want your Model three before 2020, you should place your order now.

Tesla also plans to launch its Model Y, a compact SUV, by 2020.

Musk said during the company’s first-quarter earnings call earlier this month that the Model Y would arrive by late two thousand nineteen or 2020.

Musk has kept mum on most other details about the upcoming vehicle, but he has said it would be a compact SUV and be built on a platform separate from the Model Trio.

Tesla has not collective a price range, but given that it already sells a luxury SUV, the Model X, and that the company wants to target the mass market, the upcoming SUV likely will have a more competitive price tag.

And considering that General Motors sells its all-electric SUV crossover, the Chevy Bolt, for $37,500 before tax incentives, it would make sense for Tesla to price the Model Y in the same ballpark.

However, there’s always the possibility that Tesla could make the Model Y a cheaper version of the Model X, similar to the BMW X3, which starts at about $40,000.

Volvo says its very first electrical car is coming by 2019.

In April, Volvo said it would build its very first all-electric car in China and export it around the world.

The vehicle is expected to have a 100-kilowatt-hour battery and a range of two hundred fifty miles per charge. But perhaps the best thing about the upcoming vehicle would be its price tag.В

Lex Kerssemakers, CEO of Volvo Cars of North America, in March said he was pushing for its very first electrified car to fall near $40,000.

Volkswagen is expected to launch an electrical crossover in two thousand twenty with a range of about three hundred miles per charge.

The German automaker plans to launch its Volkswagen ID in 2020.

The crossover is expected to have a price tag of $30,000 to $35,000 and have a range of about two hundred fifty to three hundred miles per charge.

The vehicle will have a top speed of ninety nine mph and be able to accelerate from zero to sixty two mph in less than eight seconds, Volkswagen says.

Ford is expected to launch an all-electric crossover utility vehicle in two thousand twenty for the masses.

While Ford hasn’t exposed how much the vehicle will cost, Raj Nair, the company’s chief technical officer, told Business Insider it would be priced for the masses.

“Our plan is for it to be an affordable vehicle, a mainstream model,” Nair said. “To get electrification volumes where we would all like them to be, we have to make sure we make the affordability targets, or otherwise they are going to stay as a niche item or a unspoiled luxury item.”

Nair also said that the vehicle would have a range of more than three hundred miles per charge.

The two thousand eighteen Nissan Leaf is expected to be available later this year.

The two thousand eighteen Nissan Leaf is expected to go on sale later this year and have a range of at least two hundred miles per charge.

The two thousand seventeen Nissan Leaf costs about $30,700, but since the upcoming Leaf will have a greater range, it’ll likely cost a bit more.

General Motors has launched its Chevy Bolt, which starts at about $37,500.

The Bolt has a range of two hundred thirty eight miles per charge, a top speed of ninety one mph, and a cost of about $37,500 before a $7,500 federal tax credit.

GM began production of its vehicle last year, striking Tesla to the punch to create the very first mass-market electrified vehicle.

Get the latest Ford stock price here.

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