PHEVs are becoming increasingly popular amongst automobile consumers as a great alternative to conventional gasoline-powered cars. These automobiles use a mix of an electric motor and an internal combustion engine, which makes them a novel and really versatile possibility. One of the important thing benefits of PHEVs is their skill to function in electric-only mode for a sure distance, because of their battery packs, that are often bigger than these present in common hybrids.

It is uncommon to discover a automobile mannequin that’s solely a PHEV, as most producers have a tendency to supply plug-in variations of current fashions that initially used inside combustion engines. However, together with hybrid automobiles, plug-in hybrids are an ideal gateway for individuals who search a sluggish transition from conventional gasoline to electrical powertrains. While the all-electric functionality of hybrid automobiles falls wanting pure EVs, it gives you a pattern of each worlds.

While range anxiety is a common fear most EV drivers face, a PHEV rids you of that by providing each electrical and the standard possibility of driving your automobile. Not solely that, PHEVs can provide decrease operating prices as a result of the bigger battery supplies extra miles on electrical energy when put next with the gasoline worth per mile. While PHEVs are comparatively uncommon within the automotive market, listed below are a few of the most cost-effective plug-in hybrids in 2024.

UPDATE: 2024/03/17 13:00 EST BY VEDANT OJHA

List Updated To 2024

We have up to date this listing of the most affordable PHEVs in the marketplace at present from 2023 to 2024. The mannequin specs of each one of many 12 plug-in hybrid automobiles have been revised and up to date to mirror the present ones on sale. The entry-level plug-in hybrid trims have been included particularly to stick to the listing of ‘most cost-effective’ fashions available in the market.

In order to provide the latest and correct info attainable, the info used to compile this text was sourced from numerous producer web sites and different authoritative sources, together with EPA, SizzlingCars, and CarBuzz.

12 2024 BMW 330e Sedan

Starting MSRP: $44,500

The BMW 330e is a shocking instance of how luxurious carmakers are incorporating electrification into their lineup. It is surprisingly reasonably priced for a BMW and may compete with many different automobiles in its worth vary. The BMW 330e PHEV combines a turbocharged 2.0-liter engine with an electrical motor, which collectively can generate a formidable 288 horsepower and 310 pound-feet of torque.

You additionally get an eight-speed automated transmission and normal rear-wheel drive. The car can go from 0 to 60 MPH in just 5.6 seconds and boasts a formidable 73 MPGe. However, one of the crucial hanging options of the BMW 330e PHEV is its elegant design, which is typical of the German automaker.

2024 BMW 330e Sedan PHEV Performance Specifications

(Source: BMW USA)

Not only that, the BMW 330e sedan offers great bang for your buck, despite the fact that there are cheaper automobiles on this section. While there’s an xDrive trim, BMW additionally offers you the choice of the M Sport package deal, which brings further options, distinctive styling bits, and a specifically tuned suspension.

11 2024 Alfa Romeo Tonale Sprint

Starting MSRP: $43,845

Under the pores and skin, the Alfa Romeo Tonale PHEV is an identical to the Dodge Hornet, however the Tonale came first. Despite the similarities, the Tonale options just a few issues that make it noticeably Alfa, probably the most notable being the standard Alfa Romeo grille and front-end design.

Like the Hornet, the Tonale offers up to 30 miles of all-electric range, AWD, and an total partaking driving expertise. The powertrain contains a 1.3-liter, turbocharged, inline-four together with a single electrical motor for a complete system output of 288 horsepower and 383 pound-feet of torque.

2024 Alfa Romeo Tonale Sprint Performance Specifications

Pricing begins at $43,845 for the Tonale Sprint, however the top-spec trim is the Tonale Veloce with a beginning worth of $51,040. But each Tonale comes normal with a ten.3-inch touchscreen infotainment system that options Uconnect 5 software program that is shared with many different fashions beneath the Stellantis umbrella.

10 2024 Toyota RAV4 Prime

Starting MSRP: $43,690

The Toyota RAV4 Prime is a extremely environment friendly PHEV that gives a fantastic driving expertise, and going into 2024, Toyota has ensured one of its fastest accelerating cars stays relevant. Wearing an inexpensive price ticket of $43,690 for the bottom model, the RAV4 Prime is provided with a 2.5-liter four-cylinder engine, a constantly variable transmission, and AWD which produces a mixed 302 horsepower.

It additionally has a formidable MPGe score of 94, making it one of the crucial environment friendly PHEVs out there in the marketplace at the moment. The RAV4 Prime has a most electric-only driving vary of 42 miles and a very good floor clearance of 8.0 inches.

2024 Toyota RAV4 Prime Performance Specifications

(Source: Toyota)

Toyota gives two trims for the RAV4 Prime: the base SE trim and the more luxurious XSE trim, which costs around $47,560. For the 2024 mannequin 12 months, the base-level trims provide a tilting and telescoping steering wheel, dual-zone automated local weather management, and a height-adjustable false flooring within the cargo space.

9 2023 MINI Countryman ALL4 PHEV

Starting MSRP: $42,700

MINI has made a foray into the PHEV market with the Countryman PHEV, which is a comparatively reasonably priced possibility in comparison with different luxurious PHEVs and has options typical of higher-priced automobiles. This automobile comes with all-wheel drive and generates a total of 221 horsepower, making it a robust contender in its section.

It takes simply 2.5 hours to totally cost the battery, and it has an EPA-estimated mileage of 26 MPG combined. The Countryman Plug-in Hybrid supplies solely 17 miles of all-electric vary, and the mixed vary will increase as much as 300 miles. For a beginning worth of $42,700, this automobile looks as if nice worth.

2023 MINI Countryman ALL4 PHEV Performance Specifications

(Source: MINI USA)

The MINI Countryman Plug-in Hybrid retains the signature type that MINI is thought for, which makes it simply recognizable on the street. Plus, the Countryman comes normal with a 6.5-inch display screen for its infotainment system, and an 8.8-inch show with navigation as properly.

8 2023 Hyundai Santa Fe SEL PHEV

Starting MSRP: $42,410

The Hyundai Santa Fe PHEV is undoubtedly top-of-the-line PHEVs in the marketplace for a lot of causes. This automobile has an electrical vary of 36 miles, so it’s a wonderful possibility for each day commuters. It additionally has an MPG of as much as 33 mixed, which is phenomenal for an SUV of its measurement.

The Santa Fe PHEV’s powertrain is a turbocharged 1.6-liter four-cylinder engine combined with an electric motor, leading to a mixed output of 231 horsepower. The automobile supplies a clean and steady driving expertise, which is particularly essential for households and even for adventures within the wilderness.

2023 Hyundai Santa Fe SEL PHEV Performance Specifications

(Source: Hyundai)

In addition, the Santa Fe PHEV stands out by way of inside area and total consolation. Its worth of $42,410 is really convenient compared to other similar vehicles. It has acquired business recognition for its inside design and luxury. With 72.1 cubic-feet of cargo area (with the rear row folded), the car is roomy sufficient to accommodate round seven to eight passengers. For now, the automaker has not launched a PHEV mannequin for the 2024 Santa Fe, however we’ll hold our fingers crossed to see one quickly.

7 2024 Dodge Hornet R/T PHEV

Starting MSRP: $41,400

If the Dodge Hornet appears to be like acquainted, it’s not shocking as it’s essentially a compact crossover based on the Alfa Romeo Tonale. Despite the truth that it’s not a totally new mannequin, journalists have praised it for its good stability of efficiency, options and total worth.

With a complete system output of 288 horsepower and 383 pound-feet of torque, it has sufficient get-up-and-go for an pleasing driving expertise (5.6 seconds to 60 mph), while at the same time providing 77 MPGe. You even get round 30 miles of all-electric vary.

2024 Dodge Hornet R/T PHEV Performance Specifications

(Source: Dodge)

Pricing starts at $41,400, making it barely costlier than all the opposite choices on this listing, however it’s nonetheless aggressive given the price-feature ratio. This is Dodge’s first PHEV, and it boasts fairly distinctive options, one among them being that the powertrain can briefly enhance output by 30 horsepower by way of a characteristic referred to as PowerShot, activated by pulling each paddle shifters.

6 2024 Ford Escape PHEV

Starting MSRP: $40,500

The Ford Escape was one of the first hybrid crossovers on the American automotive scene. While it might not stand out a lot inside Ford’s lineup, it competes properly in its section beginning with an reasonably priced base price of around $40,500. The powertrain combines a 2.5-liter Atkinson-cycle four-cylinder engine with an electrical motor, offering an output of 210 horsepower and accelerating from 0 to 60 MPH in 7.7 seconds.

It also boasts an impressive fuel efficiency of a combined 105 MPGe, with a complete vary of round 520 miles. Additionally, the Escape PHEV has nearly excellent security scores, incomes a 5-star total security score from the National Highway Traffic Safety Administration (NHTSA) and a Top Safety Pick from the Insurance Institute for Highway Safety (IIHS) in 2022.

2024 Ford Escape Plug-In Hybrid Performance Specifications

(Source: Ford)

In quick, it’s an SUV that presents stability between efficiency, security, and elegance, with out neglecting consolation. While the gasoline engines are paired with an eight-speed automated transmission, the hybrids make use of a constantly variable transmission.

5 2024 Mitsubishi Outlander PHEV

Starting MSRP: $40,345

The Mitsubishi Outlander PHEV is a mannequin that always flies beneath the radar, however it’s actually quite impressive and might surprise you. It gives a mixed vary of as much as 420 miles, thanks partially to its regenerative braking system, and it additionally boasts a mixed 64 MPGe, making it a really fuel-efficient selection.

Charging the battery with a DC charger takes solely 20–25 minutes, which is fairly spectacular. The beginning worth places it on the costlier facet of the section, however you get intricate 20-inch wheels, an 8.0-inch or 9.0-inch touchscreen (relying on the trim) with Android Auto and wi-fi Apple CarPlay, a hands-free energy liftgate, wi-fi charging, and driver assists reminiscent of adaptive cruise and lane-keeping help.

2024 Mitsubishi Outlander ES PHEV Performance Specifications

(Source: Mitsubishi)

The Outlander PHEV is a dark horse of the hybrid world, with a moderately reasonably priced beginning worth of $40,345. Plus, the 2024 mannequin 12 months Outlander plug-in hybrid boasts a handful of upgrades over the outgoing 2023 mannequin, together with a considerably nicer cabin and a extra refined and opulent inside.

4 2024 Kia Sportage PHEV

Starting MSRP: $39,590

The Kia Sportage plug-in hybrid is an fascinating various if you’re looking for a budget-friendly PHEV: at $39,590, it’s one of the most affordable options on the market. The 1.6L 4-cylinder turbocharged engine is paired with a 13-kWh battery, offering a mixed output of 261 horsepower and 258 lb-ft of torque.

The Sportage PHEV gives a decent all-electric range of 34 miles and a formidable 84 MPGe. It’s essential to notice that, regardless of its affordability, it would not compromise on consolation and high quality. The inside is spacious and trendy, with comfy seats and a user-friendly infotainment system.

2024 Kia Sportage PHEV Performance Specifications

(Source: Kia)

The exterior is modern and sporty, with a daring grille and sharp strains. For a PHEV that does not break the financial institution, that is actually top-of-the-line choices that the market has to supply at the moment. For the 2024 mannequin 12 months, nonetheless, Kia has made no modifications to the Sportage Hybrid, offering the same powertrains and equipment as it did for the 2023 mannequin 12 months.

3 2024 Hyundai Tucson SEL PHEV

Starting MSRP: $38,725

The Hyundai Tucson plug-in hybrid is one more environment friendly and highly effective possibility within the PHEV market. With 261 horsepower and HTRAC all-wheel drive, this car is able to dealing with each metropolis and freeway driving with ease.

It gives 33 miles of electrical vary and a mixed mileage of as much as 80 MPGe. The Hyundai Tucson’s exterior styling may be subjective, however its edgy and revolutionary design is tough to disregard and strikes you as revolutionary. While it gives a barely lowered rear legroom and cargo area in comparison with the standard hybrid mannequin, it nonetheless supplies extra rear legroom than one among its primary competitors, the Toyota RAV4 Prime.

2024 Hyundai Tucson SEL PHEV Performance Specifications

(Source: Hyundai)

In a method, it’s a youthful sibling to Santa Fe, so if you need extra energy it’s a must to search for that possibility. However, for much less cash, you can have this solid alternative. Plus, the Tucson has power in its inside dimensions, offering extra entrance and rear legroom than both the Toyota RAV4 or Honda CR-V hybrids.

2 2024 Kia Niro Plug-In Hybrid

Starting MSRP: $34,390

The Kia Niro plug-in hybrid is without doubt one of the hottest PHEV fashions on the market. Its 33 miles of electric-only driving vary is a good characteristic (though pretty normal) that enables for brief commutes with out burning any gasoline. The 510 miles complete driving vary can be a formidable characteristic, in addition to its glorious gas economic system of 108 MPGe mixed.

On the opposite hand, the 2024 Niro Plug-in Hybrid consists of only two trims: the EX and the SX touring. Standard driver help options reminiscent of ahead collision warning and automated emergency braking make it a very secure car in nearly all environments.

2024 Kia Niro EX PHEV Performance Specifications

(Source: Kia)

The Kia Niro PHEV has already established itself as a basic within the transition towards electrification, and it is easy to see why contemplating its extraordinarily low worth for the section and fairly good efficiency mixture. The trendy and compact Niro is nice worth for city dwellers who want an SUV with hybrid talents.

1 2024 Toyota Prius Prime SE PHEV

Starting MSRP: $32,975

Toyota is thought for crafting dependable and reasonably priced automobiles, and on this time of electrification, the Japanese automaker has you coated with a plug-in hybrid trim for the Prius Prime. The 2024 Toyota Prius Prime enters its second year in the American market with none modifications from the earlier 12 months.

The base mannequin SE is priced at $32,975, which makes it an especially cheap automobile. With a complete vary of round 600 miles, the Prius Prime gives impressive fuel economy with a combined rating of 127 MPGe. The 0 to 60 MPH acceleration time of 6.4 seconds will not be unhealthy for a PHEV.

2024 Toyota Prius Prime SE Performance Specifications

(Source: Toyota)

In 2023, the Prius bought an entire makeover that remodeled this automobile right into a streamlined magnificence, and the Prius Prime plug-in hybrid (PHEV) additionally featured a massively upgraded powertrain. With such latest upgrades, the Prius Prime stays unchanged going into the 2024 mannequin 12 months.