Most Expensive Luxury Electric Cars on the Market

As fuel prices rise and electric vehicle technology continues to improve, more drivers are considering the move to an EV. Nearly every major automaker, along with several ambitious startups, now has an electric vehicle either available or in development. For buyers who want premium materials, advanced technology, strong performance and long driving range, the luxury electric car market offers an impressive selection.

From high-performance sedans and refined SUVs to electric pickup trucks and ultra-luxury coupes, these are some of the most expensive luxury electric cars and EVs on the market.

14. Tesla Cybertruck

Starting price: $39,900

Bottom line: The Tesla Cybertruck looks like it drove straight out of a science fiction film, but its design is meant to feel futuristic rather than nostalgic. Its sharp angles and distinctive exterior make it one of the most recognizable electric vehicles ever announced.

The truck, scheduled for release in 2023, was described as having a monochrome exoskeleton designed to provide strong protection for passengers. Its drivetrain and low center of gravity are said to help it accelerate from zero to 60 mph in less than three seconds, while its battery is expected to offer a driving range of up to 500 miles.

13. Audi Q4 e-tron

Starting price: $45,000

Bottom line: Production of the Audi Q4 e-tron began in April 2021, giving Audi another strong entry in the luxury electric SUV segment. The base rear-wheel-drive model produces 201 horsepower, while the dual-motor all-wheel-drive version raises output to 295 horsepower.

Its 77.0-kWh battery provides a range of about 265 miles on a full charge. The Q4 e-tron can reach a top speed of 111 mph and accelerate from zero to 60 mph in just over six seconds, making it a practical premium EV for daily driving.

12. Polestar 2

Starting price: $68,000

Bottom line: Polestar is a Volvo brand, and the Polestar 2 is a strong option for drivers looking for a refined luxury electric car. Its powertrain delivers quick acceleration, reaching 62 mph in less than five seconds, and it averages about 290 miles on a full charge.

This five-door hatchback features a sleek, well-finished interior with enough room for a family of four. It also includes an infotainment system powered by Android, giving it a modern and familiar digital experience. The SUV version, the Polestar 3, was expected to arrive sometime in 2023.

11. Volvo C40 Recharge

Starting price: $72,000

Bottom line: The Volvo C40 Recharge is Volvo’s first truly electric vehicle. Although it has a sporty profile, it still includes the practical features expected from a family SUV, such as a hands-free liftgate, an Android-based infotainment system and a wide information display.

The C40 Recharge accelerates to 60 mph in just 4.5 seconds and supports fast charging. Its battery can reach 80 percent in a little over half an hour. With a full-charge range of nearly 230 miles, it is designed to work well as a premium daily driver.

10. Mercedes-Benz EQC

Starting price: $69,000

Bottom line: Mercedes-Benz is known for delivering elegant, comfortable vehicles, and the EQC brings that same character to the electric vehicle market. Its styling and refinement help it stand apart from many other EVs.

It is not the quickest vehicle on this list, but a zero-to-60 mph time of about five seconds is still strong. Its driving range is around 200 miles, and it includes many of the features Mercedes owners expect. The cabin uses high-quality materials, and the navigation system works with Apple CarPlay, Android Auto and a Wi-Fi hotspot.

9. Lucid Air

Starting price: $77,400

Bottom line: Lucid Air, built by a California-based startup, has made a major impression in the luxury EV market with its 2023 sedan. It combines sleek design, strong performance and impressive range.

Its large battery and compact motor allow the car to accelerate from zero to 60 mph in just 2.6 seconds. It can also travel more than 500 miles on a single charge, giving it more range than many other electric vehicles. Choosing the Sapphire model reduces the acceleration time by another 0.6 seconds. All Lucid Air models feature stylish exteriors and spacious cabins.

8. Ford F-150 Lightning

Starting price: $75,000

Bottom line: Pickup trucks remain extremely popular, and electric pickups are a natural next step. Ford entered the segment with the F-150 Lightning, the electric version of its best-selling F-150.

The Lightning can carry a 2,000-pound payload and tow up to 10,000 pounds. It is available with a standard battery that offers a range of about 240 miles or an extended-range battery that can travel well over 315 miles on a full charge. The 2022 models sold out, and Ford planned to increase production to 150,000 units in 2023.

7. Rivian R1S

Starting price: $84,500

Bottom line: Built by a startup in Illinois, the Rivian R1S is a powerful electric SUV. Its 135-kWh battery pack and quad-motor setup generate 835 horsepower and 908 lb-ft of torque.

The SUV can reach 60 mph in about three seconds and is designed to be agile both on paved roads and rough terrain. Depending on the configuration, the R1S comes with either two or four motors. Demand has been strong, and some customers waited years for the R1S, which began reaching buyers in 2022.

6. BMW iX

Starting price: $85,000

Bottom line: BMW has long blended sportiness with luxury, and the iX follows that tradition. It has a compact, modern look and an upscale interior that includes wood, leather and fabric trim.

The iX works well as a city vehicle, but it also has the range for longer drives, traveling about 380 miles on a full charge. It comes standard with BMW’s Flexible Fast Charger, which is compatible with both 120V and 240V outlets, giving owners more charging options while traveling.

5. Porsche Taycan

Starting price: $79,000

Bottom line: The Porsche Taycan combines classic Porsche engineering with modern electric performance. Every version is built with the quality materials buyers expect from the brand, and the cabin offers comfortable seating along with surprisingly generous space and cargo room.

Several Taycan versions are available, and all deliver some of the quickest zero-to-60 mph acceleration times among mainstream production cars. The Taycan 4S offers the best driving range in the lineup, reaching up to 318 miles on a full charge.

4. Tesla Model S Plaid

Starting price: $129,990

Bottom line: Tesla helped bring electric vehicles into the mainstream in 2012, and the brand remains difficult to ignore. The 2022-2023 Model S Plaid builds on Tesla’s familiar EV formula with even more power.

The base version reaches zero to 60 mph in a little under four seconds. The Long Range model offers about 375 miles of range, while the Performance model reaches around 348 miles. With a standard 24-volt charger, a full charge can take up to 10 hours, but using a V3 Supercharger can reduce that time to about 75 minutes.

3. Mercedes-Benz EQS

Starting price: $120,000

Bottom line: Several Mercedes-Benz EQS models are available, but the EQS 450+ stands out for its extra power and large dashboard display. Its available “hyperscreen” spans the width of the instrument panel and controls many of the vehicle’s key functions.

Through the touchscreen, drivers can adjust features such as stability control, active steering assist and active lane-keep assist. Driving modes, including Eco, Comfort, Sport and Individual, can also be selected through the display. The EQS has a range of about 350 miles on a full battery, and at a rapid charging station, a full charge can take about half an hour.

2. Cadillac Celestiq

Value: $300,000

Bottom line: Cadillac was considered one of the defining luxury car brands in the United States for decades, and the Celestiq marks its move into the high-end electric vehicle space. Set to launch in 2023, the Celestiq was designed with a smart glass roof, a dashboard-width touchscreen, all-wheel drive and four-wheel steering, along with GM’s Ultra Cruise advanced driver-assistance system.

The Celestiq is more of a comfort-focused cruiser than a pure racer, but it can still accelerate from zero to 60 mph in 3.8 seconds. Buyers with large budgets can also have input on the design, making their vehicle feel more personal and unique.

1. Rolls-Royce Spectre

Value: $413,000

Bottom line: Rolls-Royce already has one of the most expensive cars in the world with the Boat Tail, valued at $28 million. The Spectre costs far less than that, but it still represents the brand’s approach to extreme luxury in electric form.

Sportier than a typical Rolls-Royce, this two-door coupe can travel about 320 miles on a full battery and accelerate from zero to 60 mph in a little over four seconds. Three hundred U.S. buyers had already placed deposits on the car, which was set to reach the road in 2024. The Spectre also signals the beginning of Rolls-Royce’s broader electric future, as the company has announced plans for its entire fleet to be electric by 2030.