The move to electrification includes an increasing number of plug-in hybrid vehicles (PHEVs). While these are often more expensive than their gas counterparts, there are still plenty of affordable options. Here are the best new PHEVs under $40,000, ranked by their all-electric range.
Prices do not include destination charges, nor do they factor in any available tax credits.
1. 2022 Ford Escape SE Plug-in Hybrid
Starting price: $35,190
Electric range: 37 miles (520 miles total)
Hybrid mode fuel economy: 40 mpg city/highway combined
The Ford F, +3.89% Escape SE Plug-in Hybrid is a crossover with seating for five and good cargo room. It’s only available with front-wheel drive, but both the hybrid and gas versions do offer all-wheel drive. Standard features include dual-zone automatic climate control and the SYNC 3 infotainment system with a 6-speaker audio system.
2. 2022 Hyundai Tucson Plug-in Hybrid
The Hyundai Tucson
Hyundai
Starting price: $35,400
Electric range: 33 miles (420 miles total)
Hybrid mode fuel economy: 35 mpg city/highway combined
The Hyundai HYMTF, -0.56% Tucson Plug-in Hybrid is all-new this year with standard all-wheel drive and sharp, modern exterior styling. It’s available in a choice of two trims with good standard features. These include an 8-way power driver’s seat, heated front seats, Apple AAPL, +4.08% CarPlay, and Android Auto.
3. 2022 Hyundai Santa Fe Plug-in Hybrid
The Hyundai Santa Fe
Hyundai
Starting price: $40,000
Electric range: 31 miles (440 miles total)
Hybrid mode fuel economy: 33 mpg city/highway combined
Technically, with a starting price of $40,000, the Hyundai Santa Fe Plug-in Hybrid doesn’t qualify for this list, but don’t let that measly dollar keep you from considering this SUV. This Santa Fe comes standard with all-wheel drive and puts out 261 combined horsepower. It has a spacious, upscale interior with features like a 12.3-inch digital instrument cluster, heated seats, and wireless CarPlay/Android Auto integration.
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4. 2022 Hyundai Ioniq Plug-in Hybrid
The Hyundai Ioniq
Hyundai
Starting price: $26,800
Electric range: 29 miles (620 miles total)
Hybrid mode fuel economy: 52 mpg city/highway combined
The Hyundai Ioniq Plug-in Hybrid is a roomy compact car that has generous cargo space. It’s available in a choice of three trims with standard features that include dual-zone climate control, heated front seats, and an 8-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto.
5. 2022 Kia Niro Plug-In Hybrid
The Kia Niro
Kia
Starting price: $29,590
Electric range: 26 miles (560 miles total)
Hybrid mode fuel economy: 46 mpg city/highway combined
The Kia 000270, +2.51% Niro Plug-In Hybrid is a front-wheel-drive crossover with sporty styling across a range of three trims. Standard features include an 8-inch infotainment touchscreen with wireless Apple CarPlay and Android Auto, dual-zone automatic climate control, and a 6-speaker audio system.
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6. 2022 Toyota Prius Prime
The Toyota Prius Prime
Toyota
Starting price: $28,670
Electric range: 25 miles (640 miles total)
Hybrid mode fuel economy: 54 mpg city/highway combined
The Toyota TM, +0.79% Prius Prime, the plug-in version of the well-known hybrid, is available in a choice of three trims. In addition to great fuel economy, the Prius Prime also has great flexibility for cargo thanks to its hatchback design.
7. 2022 Mitsubishi Outlander PHEV
The Mitsubishi Outlander
Mitsubishi
Starting price: $36,995
Electric range: 24 miles (320 miles total)
Hybrid mode fuel economy: 26 mpg city/highway combined
The Mitsubishi MMTOF, -0.50% Outlander PHEV is a roomy crossover that seats five people with up to 30.4 cubic feet for cargo behind the second row. It has an 8-inch infotainment touchscreen with Apple CarPlay and Android Auto. All-wheel drive is standard.
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8. 2022 Subaru Crosstrek Hybrid
The Subaru Crosstrek
Subaru
Starting price: $36,345
Electric range: 17 miles (480 miles total)
Hybrid mode fuel economy: 35 mpg city/highway combined
Yes, the Subaru FUJHY, -1.07% Crosstrek Hybrid is a plug-in despite not saying so in its name. This versatile crossover has standard all-wheel drive, making it great for those who live in wintry climates. It also has a durable interior that can stand up to the mishaps of family life or outdoor adventuring.
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Best new PHEVs under $40,000:
- 2022 Ford Escape SE Plug-in Hybrid
- 2022 Hyundai Tucson Plug-in Hybrid
- 2022 Hyundai Santa Fe Plug-in Hybrid
- 2022 Hyundai Ioniq Plug-in Hybrid
- 2022 Kia Niro Plug-In Hybrid
- 2022 Toyota Prius Prime
- 2022 Mitsubishi Outlander PHEV
- 2022 Subaru Crosstrek Hybrid
This story originally ran on KBB.com.