If you are planning to upgrade your ride, the lineup of new electric cars coming in 2026 and 2027 is set to completely transform the automotive market. From budget-friendly daily drivers and versatile SUVs to heavy-duty trucks and high-performance sports models, automakers are introducing options for every driving need and budget.
Shopping for a car is stressful enough without wondering if a better electric option is landing next year. Good news: 2026 and 2027 are shaping up to be the biggest years yet for new electric cars in the US. Automakers are rolling out over 30 new EV models, and this time it’s not just luxury SUVs. There are cheap city cars, family-friendly trucks, and even a $14,000 electric two-seater already on sale. Here’s a simple, no-jargon breakdown of what’s coming, when it arrives, and what it means for your wallet.
Why 2026 and 2027 Are Big Years for Electric Cars
For years, electric cars seemed out of reach for most consumers, as they offered only premium options made for a select group of wealthy individuals. However, this dynamic is beginning to change, as automakers such as Rivian, Kia, Slate, and Ford start to make cars for the everyday buyer. At the same time, premium automakers such as Porsche, Ferrari, and Bentley are also set to release vehicles designed to satisfy the more discerning buyers. Thus, it can be stated that in two years, there will be an electric car for everyone, regardless of their budget.
Affordable Electric Cars Coming Soon
If cost is your primary concern, get ready to hear some very exciting news. The Rivian R2 is the model to look out for as it is one of the most anticipated vehicles in the automotive world. This mid-size Sports Utility Vehicle (SUV) is expected to cost around _$$58,000 today, but a cheaper Standard version with about 275 miles of range is expected to arrive for around $47,900 in the first half of 2027. Kia will also release an Electric Vehicle called EV3 that is a compact crossover SUV with a range of about 320 miles and rapid-charging capabilities to about 80% in under 30 minutes. The EV3 was released at US dealerships in April 2026.
Slate Truck is another electric vehicle in the pipeline and is slated to debut in the fourth quarter of 2026. It has no paint or power windows, or radio to reduce costs, but it has optional equipment that can be added. For people who want something smaller and more affordable to handle their errands, the Fiat Topolino is available. It is a two-seated vehicle with a starting price of $13,995. It is designed to handle short-distance rides and is not recommended for long-distance drives.
Quick Price and Timeline Snapshot
| Car | Starting Price | When It Arrives |
| Rivian R2 (Standard) | ~$47,900 | First half of 2027 |
| Kia EV3 | ~$35,000 (est.) | Late 2026 |
| Slate Truck | ~$27,500 (est.) | Q4 2026 |
| Fiat Topolino | $13,995 | On sale now (2026) |
| Ford Project T3 (midsize pickup) | ~$30,000 | 2027 |
| Porsche 718 EV (Boxster/Cayman) | ~$78,000 | 2026 as a 2027 model |
New Electric Trucks and SUVs to Watch
Finally, buyers of commercial vehicles may have electric options. Ford has announced the development of a new mid-size electric pickup truck based on a dedicated platform, not an adapted internal combustion engine model, called Project T3. The company aims to launch the vehicle in 2027 at a price of approximately 30,000 $.
Genesis announced the GV90 three-row electric vehicle, which means that Genesis will enter the luxury vehicle market segment, and its price will be around 100,000 $. In addition, Subaru announced the launch of the Getaway electric SUV in the category of three-row passenger cars in September 2026. Therefore, the companies are developing new electric vehicles that will meet the growing demand for electric cars in larger sizes for families.
Luxury and Performance EVs Coming in 2026 and 2027
If you are not concerned about the cost, the next generation electric vehicles may be of great interest to you. Porsche is going to electrify its Boxster and Cayman sports cars and introduce the 718 EV in 2026 as a 2027 model, which will start at around $78,000, with the high-performance GTS trim producing over 400 horsepower. Ferrari is going electric too, with its first EV expected in late 2026 carrying a price tag around $550,000 and leverage the motorsport heritage.
Bentley’s first electric vehicle will be able to add 100 miles of range in just 6.5 minutes when it arrives in 2027. In addition, BMW and Mercedes are both going to launch more electric SUVs, including sporty models such as the BMW iX3 M and the Mercedes-AMG GLC, in 2026 or 2027.
What Happened to the $7,500 Federal EV Tax Credit?
Here is a piece of information every US buyer should know before making a purchase. As of now, the federal tax credit for plug-in cars is dead. The One Big Beautiful Bill Act of $7,500 credit for new EVs and the $4,000 for used EVs has expired and will not be available for any vehicle bought after September 30, 2025, unless Congress takes action to reinstate it.
Don’t be discouraged by this, as many states, cities, and even utilities have incentives waiting for qualified buyers that can exceed $12,000 depending on where you live. There’s also a newer tax deduction of up to $10,000 for interest in financing a US-made vehicle. Before purchasing, it is crucial to spend five minutes checking your state’s incentives and consulting a tax professional.
Should You Wait to Buy an Electric Car?
It depends on what you want. If you want the lowest possible price and are not in a hurry to buy, it might well be worth waiting for the launch of the base Rivian R2 or the Slate Truck in 2027. However, if you need a car immediately, buying one of today’s electric cars, such as the Tesla Model Y, Hyundai Ioniq 5, or Chevy Equinox EV, would be safer in terms of both quality and availability of charging stations. As for me, I would not risk waiting for a rumor; I would wait for an official announcement and would only consider buying a Rivian if its cost ceased to be significantly higher than that of the alternatives available at the moment.
The Bottom Line
Between now and 2027, the US electric car market is about to get a lot more crowded, and a lot more affordable. Whether you want a $14,000 city car, a family SUV, or a six-figure Ferrari, there’s a new EV built for you on the way. The smartest move is to figure out your budget and must-have features first, then match that against the release dates above, rather than chasing every new headline.
Frequently Asked Questions
Is it worth waiting until 2027 to buy an electric car?
It depends on your budget. If you want the cheapest possible EV, some of the best deals (like the base Rivian R2 and Slate truck) land in late 2026 and 2027. If you need a car now, today’s models like the Tesla Model Y or Hyundai Ioniq 5 are still solid choices.
Is the $7,500 federal EV tax credit still available in 2026?
No. The federal tax credit for new and used EVs ended for vehicles bought after September 30, 2025. Some states and utility companies still offer their own rebates, so it’s worth checking your state’s program before you buy.
What is the cheapest new electric car coming to the US?
The Fiat Topolino, a tiny two-seat city car, starts at $13,995 and is already on sale in select markets. For a full-size car, the Slate Truck is expected to start around $27,500.
Which new electric trucks are coming in 2026 and 2027?
Ford’s midsize electric pickup (Project T3) arrives in 2027 around $30,000, and the Slate Truck is expected in late 2026. Rivian, GMC, and Tesla also continue selling electric trucks already on the market.
Are electric cars actually cheaper to own than gas cars?
Often, yes, once you factor in lower fuel and maintenance costs, even without the federal tax credit. Charging at home typically costs less per mile than gas, though your total savings depend on your local electricity rates and how much you drive.
