<div id="readability-page-1"><div><div><p>With <strong>Tesla Inc.</strong> (NASDAQ:TSLA) releasing affordable trims of the Model Y and the Model 3 in the U.S. priced at $39,990 and $36,990, respectively, here's a look at some other affordable EV options in the market.</p><h2>Chevrolet Bolt EV</h2><p><strong>General Motors Co.</strong> (NYSE:GM) recently announced its most affordable electric vehicle on sale in the U.S., the <strong>Chevrolet</strong> Bolt EV. The vehicle offers 255 miles of range and is powered by a 65 kWh LFP battery supplied by Chinese battery giant <strong>Contemporary Amperex Technologies Ltd. </strong>(CATL).</p><p>The Bolt EV also boasts a native NACS charging port, offering charging speeds of up to 150 kW. GM offers the base LT trim for $28,995, while the range-topping RS Trim is available for $32,000.</p><h2>Hyundai Kona Electric</h2><p>The <strong>Hyundai Motor Co.</strong> (OTC:HYMLF) Kona Electric is another affordable electric vehicle option on sale in the U.S. Priced at MSRP $32,975, the Kona Electric is powered by a 48.6 kWh battery, offering 200 miles of range with the base spec SE trim.</p><p>Higher trim levels include a 64.8 kWh battery that offers 260 miles of range, with the top-end Limited trim available for around MSRP $41,150. Hyundai also recently extended benefits on the Ioniq 5 EV despite the end of the Federal EV credit and also announced a price cut for the vehicle.</p><h2>Nissan Leaf</h2><p>The <strong>Nissan Motor Co. </strong>(OTC:NSANY) Leaf, which was once a pioneering EV option in the U.S., continues to remain an affordable option in the market. Priced at $29,990 for the base trim, the Leaf is the Japanese automaker's most affordable all-electric option.</p><p>The Leaf offers a 300-mile range for the base trim and features a 75kWh battery standard across all trim levels. The EV also supports 150 kW fast-charging and produces 214 HP from its electric motor.</p><p>It's worth noting that Nissan recently issued a recall for over 19,077 units from the 2021 and 2022 model years over a potential fire risk involving units equipped with a Level 3 Quick Charging port.</p><p>Nissan is also reportedly exploring partnerships with <strong>Ford Motor Co.</strong> (NYSE:F) as well as <strong>Stellantis NV</strong> (NYSE:STLA) to develop an electrified version of the Rogue SUV.</p><h2>Toyota bZ</h2><p>The final entry in the list is Toyota Motor Corp's (NYSE:TM) bZ, the Japanese automaker's sole electric offering in the market, which retails for MSRP $34,990. The EV is powered by a 74.7 kWh battery offering a range of 314 miles for the XLE FWD Plus trim, while the range-topping Limited (MSRP $43,330) trim offers a 299-mile range for the Limited FWD, per Toyota.</p><p>The vehicle comes standard with an NACS port and offers DC fast charging capabilities. Despite the bZ being the company's only electric model in the U.S., Toyota recently announced a partnership with <strong>Sumitomo Metal Mining Co., Ltd. </strong>(OTC:SMMYY) to develop solid-state EV batteries, offering better range and faster charging times.</p><p><em>Check out more of Benzinga’s Future Of Mobility coverage by</em><em> following this link.</em></p><ul> <li>Ford Employees Face Possible Firing For Not Returning To Office As CEO Jim Farley Laments Technician Shortages: Report</li> </ul><p><em>Photo courtesy: Shutterstock</em></p></div></div></div>

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<p>Tesla has launched affordable trims of the Model Y and Model 3, priced at $39,990 and $36,990, respectively. Other budget-friendly EV options include the Chevrolet Bolt EV at $28,995, Hyundai Kona Electric at $32,975, Nissan Leaf at $29,990, and Toyota bZ at $34,990. The Bolt EV offers 255 miles of range, the Kona Electric provides up to 260 miles, the Leaf has a range of 300 miles, and the bZ offers 314 miles. These vehicles present competitive alternatives to Tesla's lineup in the growing electric vehicle market.</p>

- Tesla Inc. has introduced affordable trims of the Model Y and Model 3 in the U.S., priced at $39,990 and $36,990, respectively.  
- Other affordable EV options include the Chevrolet Bolt EV at $28,995, Hyundai Kona Electric at $32,975, Nissan Leaf at $29,990, and Toyota bZ at $34,990, each offering varying ranges and features.  
- The article highlights the competitive landscape of affordable electric vehicles in the U.S. market, emphasizing their specifications and pricing.

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As Tesla Releases Model Y, Model 3 Standard, Here Are Other Affordable EV Options That Undercut Elon Musk-Led EV Giant's Lineup