When it comes to electric cars, Tesla (NASDAQ:TSLA) is the name most people think of. It definitely sells more electric cars than anyone else, despite their steep price tag — in fact Tesla has hit the 200,000-vehicle mark in the U.S., which means its federal subsidy for buyers will begin to wind down.
Of course the Model 3 and its production challenges have constantly been in the headlines this year as well.
But Tesla is far from the only option these days. General Motors (NYSE:GM) has moved enough electric cars that potential buyers will begin to see its eligibility for federal rebates take a hit shortly after Tesla, and there are a growing number of other alternatives.
The reality is that while fully self-driving cars remain a product that will arrive sometime in the future, electric cars are here now. If they’re not quite mainstream, they’re no longer just niche players. Most auto manufacturers now have a fully electric car in their lineup, although they have a tendency to skew toward the luxury end of the market due to the higher cost. Here are 10 of the best electric cars currently on the market.
Best Electric Cars: Tesla Model S
Tesla’s luxurious Model S has been in production since 2012, making it the second-oldest vehicle on this list. But it is also probably the most refined. Globally, Tesla’s luxurious performance electric car passed the 200,000 mark last December.
With a starting price in the $77,000 range (before any applicable subsidies), it’s not a cheap ride. But the Model S has a 5-Star safety rating, all wheel drive, a 259 mile range (which can be optionally increased to 335 miles), 400kW hours of free annual SuperCharger credits and 0-60 times of 4.2 seconds. Buyers also have the option to pay extra for Tesla’s Enhanced Autopilot technology.
Starting at $69,500, luxury auto maker Jaguar’s I-PACE is set to challenge Tesla in the premium electric car market.
While it lacks Tesla’s SuperCharger network and high-tech Autopilot technology, the I-PACE offers Jaguar cachet, all-wheel drive, 234 mile range and a 4.5 second 0-60 mph time, yet still comes in under the price of the Model S.
Since it’s just entering into the fully electric car market, Jaguar’s I-PACE will enjoy U.S. federal buyer credits for the foreseeable future, adding to that financial advantage.