5 of the Best Electric Vehicles for Under €40K

5 different close up pictures of electric vehicles

Here at Nevo, we've been exploring different price points to help our readers make the switch from combustion to electric power. In this article, we’re working with a maximum budget of €40,000 to see what EV options are currently available in Ireland. Keep in mind, this is an evolving space, with new models arriving on the market every month—so always do your own due diligence to find the vehicle that best suits your needs. These five options currently on offer should be ideal for cost-conscious drivers ready to embrace sustainable mobility.

1. MG4 Long Range (64kWh) – From €31,995

The MG4 Long Range is one of the best-value EVs, offering a 435km WLTP range at an affordable price. It has sharp styling, solid build quality, and a 10.25-inch infotainment system. With 150kW DC fast charging, it recharges quickly. The rear-wheel-drive setup makes it fun to drive, while practicality remains strong with a 363L boot and spacious rear seats. MG’s 7-year warranty adds peace of mind, making it one of the most compelling choices in this price bracket.

2. BYD Atto 3 Extended Range (60kWh) – From €35,596

The BYD Atto 3 is a stylish, feature-packed electric SUV that offers 420km WLTP range from its 60.48kWh LFP battery. It’s well-built, with a futuristic interior featuring a rotating 12.8-inch touchscreen, premium materials, and ample space. The 150kW motor provides a smooth, responsive drive, while 88kW DC charging ensures quick top-ups. With a spacious 440L boot, advanced safety tech, and a 7-year warranty, it’s a great option for budget-conscious Irish buyers.

3. Renault Megane E-Tech (60kWh) – From €34,495

The Megane E-Tech is a tech-focused and stylish EV with a 450km WLTP range in its 60kWh version. It features a Google-based infotainment system, a premium-feeling interior, and a sharp, crossover-like design. The ride is refined, and it offers 130kW DC fast charging, making long journeys easier. With a comfortable driving experience and good efficiency, it’s ideal for those looking for a premium-feeling EV without exceeding their budget. Renault’s solid warranty and after-sales support enhance its appeal.

4. CUPRA Born e-Boost (59kWh) – From €36,755

A sportier alternative to the VW ID.3, the CUPRA Born features a 59kWh battery, delivering up to 365km WLTP range. Its rear-wheel-drive layout ensures engaging handling, while the cabin boasts bucket seats, a 12-inch infotainment screen, and a premium feel. Fast charging at 120kW keeps it practical for road trips. The CUPRA Born offers a unique blend of efficiency, performance, and styling, making it a great option for buyers who want a fun-to-drive yet practical EV.

5. Hyundai KONA Electric (48.4kWh) – From €31,995

The new KONA Electric brings 377km WLTP range in its base 48.4kWh version, offering a solid balance between price and efficiency. It has a modern, spacious interior, featuring a 12.3-inch dual-screen setup with great tech. The SUV shape ensures a large boot (466L) and good practicality. It’s easy to drive, comfortable, and has a strong reputation for reliability. Hyundai’s 5-year unlimited mileage warranty and 8-year battery warranty make it a secure investment for Irish buyers seeking a stylish, compact SUV EV.

As always we hope you found these vehicle suggestions informative and considerable. Our electric vehicle comparison tool can be found here and you can see all the latest EV reviews by visiting our EV Video page here.

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