The 5 Best Electric Cars to Lease in 2022

The 5 Best Electric Cars to Lease in 2022

2023 Fisker Ocean

We recently shared five affordable electric cars to buy in 2022. “Affordable” only goes so far in today’s auto market, and not a single top pick lists for under $35,000. With battery and charging advancements around every corner, leasing is a great way to keep up with the pace of technology without having to purchase a new car. All things considered, these are the 5 best electric cars to lease in 2022.

Hyundai Kona EV

hyundai kona lease

The often overlooked Hyundai Kona EV was the Korean automaker’s electric flagship years before the fancy new IONIQ 5 stole the show. When it comes down to numbers, the Kona EV is a great value. We featured it in our recent CarEdge list of the best affordable electric cars

This front-wheel drive subcompact crossover gets 258 miles on the charge, exceptional range for a budget EV. Some owners get over 275 miles on a single charge. If you plug in at home, charging to 100% from a 240-volt dryer outlet will only take you about 9 hours from 10% state of charge. That will get you a full battery overnight while you’re sleeping. At a DC fast charger, the Kona is behind the competition. In 47 minutes, the Kona Electric charges from 10% to 80% capacity. For perspective, the new Hyundai IONIQ 5 can do the same in 18 minutes, but it costs nearly twice as much.

You can lease the Hyundai Kona EV for just $259 /mo with $3,699 due at lease signing for 36 months and 10,000 miles of driving allowance per year. If this is your price range, the Chevy Bolt, Nissan Leaf, and the Kona’s cousin the e-Niro are the only other options. You can’t go wrong with the Kona at this price point.

Volvo XC40 Recharge

volvo xc40 recharge

Volvo and sibling Polestar are ramping up their commitment to electrification. The Volvo XC40 Recharge (pure electric) has been the darling of auto reviewers time and time again. Test drivers share a common theme: the XC40 Recharge is a lot more fun to drive than they had expected. 

It may look like a family car, but this electric Volvo can launch to 60 mph in just 4.7 seconds as it puts down power via dual electric motors. With 223 miles of range on a charge and up to 150 kW charging speeds at a public fast charger, the XC40 Recharge is just about average for an electric car in 2022. It IS a solid road-tripper, unlike some other options on this list. 

Infotainment runs on Google’s Android Auto operating system, much like the popular Polestar 2. An upscale cabin adorned with the elegant and dark-themed interior we’ve come to expect from Volvo features plenty of hidden storage and generous room in the back seat. This electric crossover feels a lot larger than it really is.

Leasing the XC40 Recharge is available for $540 a month with $3,500 down, and 10,000 miles of annual driving allowance. If you’re looking for a peppy electric crossover with a Scandinavian flair, Volvo’s XC40 Recharge just might be the one.

Learn more about the 2022 XC40 Recharge here

Nissan Leaf

nissan leaf lease

If you’re shopping on a tight budget, don’t overlook the original posterchild of EVs, the Nissan Leaf. A few years before Tesla’s sales ballooned into EV domination, the Leaf was leading electric car sales in America. Why did it fall out of favor? It looks like an appliance, drives like an appliance, can’t make it very far on a charge, and charges slower than most of the competition. But it’s cheap!

With those complaints aside, the Nissan Leaf is still a solid choice for a lease in 2022. We can only recommend the Leaf in the extended range, faster charging versions. That would be the Plus models, which are rated for up to 226 miles on a charge, and can charge at 100 kW charging speeds at a DC fast charger equipped with the CHAdeMO adapter. 

The Leaf is not recommended for frequent long-distance travelers. It’s just too much of a pain to stop so frequently and charge for a whole hour once every 180 miles. But for everyone else, the Leaf is a great electric car for around town. Plus, it still qualifies for the EV tax credit.

As of April, the 2022 Nissan Leaf is available for $179 per month for 36 months with $4,179 due at signing. It’s important to note that Nissan keeps the EV tax credit when you lease a Leaf. Regardless, that’s as cheap as it gets to lease a new EV in 2022. 

2023 Fisker Ocean (It’s Worth the Wait)

fisker flexee lease

At a time when the average transaction price for a new car is approaching $50,000, a sub-$40,000 electric crossover sounds too good to be true. The Fisker Ocean introduces rare value in the crowded EV segment. We recently shared an in-depth review of the Fisker Ocean.

For just $379 per month, you can lease a Fisker Ocean SUV with the new Fisker Flexee Lease offer. Fisker says that they believe electric vehicles should be affordable to all, and this is how they’re going to try to get there. 

With a Fisker Flexee Lease, there are no term limits and you can cancel at any time. It’s basically a long-term rental that appears to be worry-free. After twelve years of leased driving, Fisker will retire and recycle the electric SUV. The Fisker Flexee Lease requires an initial payment of $2,999, and it includes up to 30,000 miles per year. Maintenance is covered. 

The Fisker Ocean will be available in very limited quantities late this year. It won’t be until 2023 or even 2024 that a Fisker lease will be easy to come by. Nevertheless, keep it on your radar!

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5 Affordable Electric Vehicles You Can Buy In 2022

5 Affordable Electric Vehicles You Can Buy In 2022

Kia EV6 affordable electric car

The average new vehicle sells for nearly $50,000, but not every vehicle costs the same to maintain and operate. Fuel economy, reliability, insurance, and maintenance needs are just some of the factors that determine the total cost of ownership for any vehicle. Automakers have made it clear that they’re bringing EVs to the masses, however cheap electric cars remain elusive.

Consumers in the market for an affordable vehicle in 2022 are presented with diverse options, including a larger selection of electric vehicles than ever before. EV‘s are no longer just for tech nerds. People who had never imagined themselves in an electric vehicle are making the switch simply for fuel savings. 

However, it remains true that the majority of electric vehicles carry luxury price tags. It’s unlikely you’ll hear anyone say there are “cheap electric cars,” however there are affordable EVs. Here are five affordable electric vehicles that drivers love in 2022.

The best affordable electric car: Volkswagen ID.4

Starting at $40,760

240 – 260 miles of range

Learn more: CarEdge Review of the Volkswagen ID.4

2022 Volkswagen ID.4 affordable electric car
2022 Volkswagen ID.4

Pros:

  • Affordable
  • Accurate range ratings
  • Over-the-air update capability
  • 3 years of free charging at Electrify America 
  • Qualifies for the federal EV tax credit

Cons: 

  • RWD is slow for an EV
  • Reliability remains to be determined
  • It’s hard to find one on a dealer lot

If you’re in the market for a great electric vehicle that will get you from A to B in comfort and confidence, the 2022 Volkswagen ID.4 should be on your short list. Capable performance, great safety ratings and a spacious cabin make the ID.4 a great place to be for the price point. 

The 2022 ID.4 can go the distance, leaving range anxiety behind for the most part. Dozens of real-world range tests show that even on the highway at 70 mph, the ID.4 gets well over 200 miles on a charge. In city driving, closer to 300 miles is likely. 

2022 updates are bringing bidirectional charging, plug-and-charge, increased range, quicker charging and major over-the-air updates to the ID.4. Even 2021 models will get new features via OTA updates this summer. Learn more about the game-changing capabilities of OTA updates here.

When it comes time to charge, you can either juice up at home overnight, or take advantage of 3 years of free Electrify America charging with unlimited miles. For frequent travelers, the Electrify America incentive can be worth a few thousand dollars. At a fast charger, charging to 80% takes about 30 minutes.

Volkswagen ID.4 affordable electric car

The all-wheel drive version of the ID.4 is where this crossover really shines. Adding another motor to the front axle increases horsepower to 295 with 339 lb-ft of torque and a very satisfying 0-60 time of just 5.4 seconds. However, it’s not quite a car you’d take to the track. The handling is well-tuned for attacking winding roads in inclement weather, although it maintains a more family-oriented demeanor. 

The 2021 ID.4 earned a Top Safety Pick+ rating from the Insurance Institute for Highway Safety, and a five-star rating from the National Highway Traffic Safety Administration’s rigorous crash testing. CarEdge recently detailed all electric vehicle safety ratings in 2022.

The Volkswagen ID.4 is about as good as it gets for its use case. For the frugal-minded, It’s a particularly compelling car in the base Pro trim with rear-wheel drive (MSRP $40,760). Volkswagen’s EVs still qualify for the $7,500 federal EV tax credit in the US, which can turn the entry-level ID.4 into a $34,000 purchase. That’s an amazing value in today’s market.

The best range for a “cheap” electric car: Kia EV6

Starting at $40,900

232 – 310 miles of range

Learn more: CarEdge Review of the Kia EV6

Kia EV6
2022 Kia EV6

Pros:

  • Great range
  • Fastest charging EV
  • Over-the-air update capability
  • Available in all 50 states in 2022
  • Qualifies for the federal EV tax credit

Cons: 

  • Low profile may not appeal to those looking for a SUV
  • Reliability remains to be determined
  • It’s hard to find one on a dealer lot

If you’re a techie who demands the latest and greatest that automakers have to offer, but don’t have the budget to buy an extravagant Lucid Air or Mercedes EQS, the Kia EV6 and its platform sibling the Hyundai IONIQ 5 just might be what you’re looking for.

Kia and Hyundai partnered up to engineer the new E-GMP battery and powertrain platform. The first two models to feature this advanced architecture are the Hyundai IONIQ 5 and the all-new Kia EV6. Both of these crossovers offer ultra-fast charging, impressive range, and over-the-air update capability for just over $40,000.

The 2022 Kia EV6 has a premium feel to it, and that’s something we’re still learning to expect from Kia. Aggressive looks on the outside are met with a welcoming, spacious interior. The cabin is open and airy.

Kia EV6 interior

The EV6’s front dash consists of dual 12.3” screens, one for infotainment and another for the instrument cluster. Higher trims also include an augmented reality heads-up display that projects driving directions and basic info onto the windshield within the driver’s line of sight. 

The Kia EV6 is no slouch; it can hustle with a heavy foot. All-wheel drive variants produce 313 hp and a 0-60 time of 5.1 seconds, but range drops to 274 miles on a charge. Longer range rear-wheel drive trims still reach 60 mph in just 7.3 seconds. For perspective, that’s about two seconds quicker than the popular Subaru Forester.

With a starting MSRP around $42,000 with destination, the 2022 EV6 represents incredible value for leading-edge tech. It even has faster charging and longer range than similarly priced Tesla models. 

The greatest advantage the Kia EV6 has over any Tesla model is that the EV6 qualifies for the federal electric vehicle tax credit. Buyers can save up to $7,500 on their federal taxes if they purchase a Kia EV. Tesla and GM brands are no longer eligible since they’ve already sold greater than 200,000 electric cars. 

If you’re a fan of the specs but not the aggressive looks, the Hyundai IONIQ 5 may be the perfect compromise. 

The fastest charging for a “cheap” electric car that isn’t a Tesla: Hyundai IONIQ 5

Starting at $40,925

220 – 303 miles of range

Learn more: CarEdge Review of the Hyundai IONIQ 5

Hyundai IONIQ 5 affordable electric car
2022 Hyundai IONIQ 5

The IONIQ 5 made our CarEdge list of the 5 best cars to buy in 2022!

Pros:

  • Fastest charging EV (also Kia EV6)
  • Unique, retro-meets-futuristic looks
  • Enough performance for some fun
  • Over-the-air update capability
  • 2 years of free charging at Electrify America 
  • Qualifies for the federal EV tax credit

Cons: 

  • Real–world range comes up short
  • Reliability remains to be determined
  • Most available today are higher trims
  • Available in select states until mid-2022

The all-new 2022 Hyundai IONIQ 5 is a uniquely retro electric crossover. You’re sure to get plenty of thumbs-ups at stoplights in this head-turner. It’s under $50,000, and surprisingly available at dealerships today. Hyundai says that the pixelated design draws inspiration from the first car they brought to America, the Hyundai Pony. 

Also built on the new E-GMP platform, the Kia EV6’s sibling is as comfortable slamming into curves as it is cruising the interstate. The all-wheel drive variant is adequately powered with 320 horsepower and 446 lb-ft of torque. The AWD IONIQ 5 can get up and go with a 0-60 time of 5.2 seconds. That’s just a hair above the current electric crossover sales champion, the Tesla Model Y. 

Range varies from 220 miles up to 303 miles depending on battery size and drivetrain. That’s slightly above average for a 2022 model. It’s important to note that some real-world highway range tests have struggled to get the IONIQ 5 past 200 miles on a charge. 

Hyundai ioniq 5

The IONIQ 5 does have one massive advantage over its competitors: charging speed. When you plug in at any Electrify America charging station, the IONIQ 5 can handle up to 230 kW charging speeds. Charging from 10% to 80% (adding 212 miles of range) takes just 18 minutes. The only other vehicle on the market capable of charging that fast is the $75,000+ Lucid Air luxury sedan. The IONIQ 5 has a major charging advantage over the ID.4 and Mustang Mach-E.

The IONIQ 5 is part crossover, part oversized hatchback. That’s not a bad thing. Somehow, Hyundai pulls off this delicate balance in all the right ways. The Ioniq 5’s interior volume (passenger and cargo combined) is 133.7 cubic feet, which is larger than the VW ID.4 and Ford Mustang Mach-E. The roominess has more in common with a Hyundai Santa Fe than a Kona.

Starting at just $40,925 for the 58 kWh smaller battery base model, the IONIQ 5 is available for thousands less than was expected. Most buyers will opt for the larger battery pack (77.4 kWh), which is comparable to other class competitors. With standard rear-wheel drive, the IONIQ 5 SE with the long range battery starts at $44,875. All-wheel drive is available for $3,500-3,900 more. The Limited trim starts at $51,825 and maxes out over $56,000 with all options included. 

The affordable Tesla: Model 3 Rear-Wheel Drive

Starting at $44,990

272 miles of range

Learn more: CarEdge Review of the Tesla Model 3

Tesla Model 3 affordable Tesla
2022 Tesla Model 3 Updates

Pros:

  • It’s a Tesla that’s actually affordable
  • There’s a very short wait for delivery
  • Enough performance for some fun
  • Tesla Supercharger network
  • Over-the-air update capability

Cons: 

  • Does not qualify for the federal EV tax credit
  • Lacking many luxury features, such as massaging seats 
  • No Apple CarPlay or Android Auto
  • White and midnight silver are the only free paint options 

Say hello to the only Tesla available for less than $50,000. In reality, the 2022 Rear-Wheel Drive Model 3 is the same car as the ‘Standard Range Plus’ variant that the American automaker sold until 2021. Perhaps calling something ‘standard’ just wasn’t on-brand for the luxury automaker. 

Don’t get your hopes up if you’re thinking you can get access to Tesla’s Full Self-Driving for under 50 grand. Tesla now charges $12,000 for FSD, which would bring the 2022 Rear-Wheel Drive Model 3 closer to $60,000 after taxes and fees. 

Find out everything you need to know about self-driving cars in our CarEdge guide to autonomous vehicles.

2022 Tesla Model 3

This base trim has received some 2022 upgrades, most notably an increase in range from 262 miles to 272 miles on a charge with the included 18” aero wheels. The 2022 Rear-Wheel Drive Model 3 features new lithium iron phosphate (LFP) batteries which will allow the car to repeatedly charge to 100% without risking as much harm to the life of the battery. 

The Rear-Wheel Drive Model 3 is powered by a single electric motor that produces 296 hp and 277 pound-feet of torque. This sedan powers to 60 mph in just 5.8 seconds, not bad for a base trim. 

At a Tesla Supercharger, its 60 kWh battery pack can accept up to 170 kW when nearly empty. In the real world, that means charging from 10-80% (adding 190 miles of range) takes about 26 minutes.

The 2022 Tesla Model 3 Rear-Wheel Drive now sells for a notoriously non-negotiable $44,990, plus the $1,200 destination and doc fee. So the cheapest Tesla is now $46,190. Just a year ago, it was $38,190. 

The best “cheap” electric car: 2022 Hyundai Kona Electric

Starting at $34,000

258 miles of range

Search hundreds of Hyundai Kona EVs for sale today at CarEdge Car Search!

Hyundai Kona EV

Pros:

  • A great alternative for those considering the Chevy Bolt 
  • Under $30,000 with federal incentives; under $25,000 for some
  • Real-world range exceeds ratings
  • Unbeatable 10-year/100,000-mile warranty

Cons: 

  • Slow charging speeds
  • Full of tech from the previous generation of electric vehicles 
  • A previous recall associated the Kona with ‘potential fire hazard’
  • Front-wheel drive only
  • Overshadowed by the IONIQ 5

Hyundai’s forgotten electric vehicle should not be overlooked by those in search of a very affordable entry into electric mobility. The 2022 Hyundai Kona EV may not look all that attractive, but it has decent range and room to fit most lifestyles.

Hyundai Kona EV

For just $34,000 before incentives, you can become the owner of the original Hyundai EV. This front-wheel drive subcompact crossover gets 258 miles on the charge, exceptional range for a budget EV. Some owners get over 275 miles on a single charge. The Limited trim, top-of-the-line option comes in at $42,500.

If you plug in at home, charging to 100% from a 240-volt dryer outlet will only take you about 9 hours from 10% state of charge. That will get you a full battery overnight while you’re sleeping. At a DC fast charger, the Kona is behind the competition. In 47 minutes, the Kona Electric charges from 10% to 80% capacity.

Hyundai Kona EV

If you’re more of a Kia lover, we have great news. The Kia e-Niro is basically the Kona Electric with a Kia face.

Due to the Kona Electric’s charging faults, this would not be a great road-tripping vehicle. But if you’re looking for cheap electric cars perfect for zipping around town, this is a great deal not to be overlooked.

Runner Up: 2023 Fisker Ocean

Available in 2023, but you can reserve one now.

Learn More: CarEdge review of the Fisker Ocean

2023 Fisker Ocean
2023 Fisker Ocean

The Fisker Ocean sure does promise a lot. Will it deliver? At just $37,000, Fisker’s all-electric brand quotes 250 miles of range for the entry-level Fisker Ocean crossover. The 2023 Fisker Ocean didn’t make our official list for a few reasons. It hasn’t been produced yet, and delays have pushed the start of production back to November 2022. Fisker says they have 32,000 reservations in the books, so if you’re looking to buy one, it may not be possible until mid-2023. Furthermore, the more capable and sporty Fisker Ocean trims start at $50,000.

CarEdge’s Take: Range and Reliability Matter Most

You may be wondering where the Chevrolet Bolt and Nissan Leaf are on this list of cheap electric cars. The Leaf is one of the originators of the EV segment, having started it all back in 2011. However, Nissan has regrettably not invested in range or battery performance upgrades over the years. It’s failing to keep up with the growing competition. 

The 2022 Nissan Leaf S gets just 149 miles of range and charges quite slowly at between 50 and 100 kilowatts at a fast charger. It is the MOST affordable electric vehicle, with prices ranging from $27,400 to $37,400, however we can’t recommend an EV that leaves the lot at a disadvantage. As electric vehicles come to market with 250 to 400 mile ranges, how will the Leaf retain any resale value?

Hyundai EV

And then there’s the Chevrolet Bolt. It’s affordable and even looks okay with the recent facelift. While it’s true that the recall fix is giving Bolts brand-new, modernized battery packs, the reliability of the Bolt has taken such a hit that it’s too great of a financial risk for today’s consumers to get behind the wheel worry-free. You don’t want your $31,000 purchase to be a symbol of unprecedented fire risk. What would it take to change my mind? At this point, a few years of problem-free driving. Until then stay away from the Chevrolet Bolt. As you can see, there are plenty of other affordable electric vehicles out there in 2022.

Follow the money. Automakers are going all-in on electric vehicles in 2022 and beyond. The consumer benefits as competition rises, so perhaps affordable EVs are here to stay. If you’re looking to go electric in 2022, you don’t have to buy a Tesla, Nissan Leaf or Chevy Bolt. Every automaker is racing to become the next big thing in the world of EVs. 

Some parting advice: consider all options, and test drive as many electric vehicles as you can. You’ll be amazed at what’s out there, and even more amazed at what’s to come

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The 2023 Fisker Ocean Is an Affordable and Luxurious Electric Crossover That You Can Buy… or Rent

The 2023 Fisker Ocean Is an Affordable and Luxurious Electric Crossover That You Can Buy… or Rent

At a time when the average transaction price for a new car is approaching $50,000, a sub-$40,000 electric crossover sounds too good to be true. The Fisker Ocean introduces rare value in the crowding EV segment, however it represents something more for its creator.

Rarely does a designer have creative freedom over an entire vehicle’s development. The all-new Fisker Ocean shows what’s possible when art, luxury and sustainability are front and center from start to finish. Here’s everything you need to know about the latest sporty crossover to pull up to the electric vehicle party: the 2023 Fisker Ocean.

Fisker: A Bit of History

Car enthusiasts will remember Hurricane Sandy for the thousands of vehicles that were flooded in saltwater at East Coast ports. A large batch of those flooded cars were Fisker’s first deliveries of the 2012 Fisker Karma hybrid sports car. Famed vehicle designer Henrik Fisker co-founded Fisker Automotive in 2007 with Bernhard Koehler and Quantum Technologies, and things were not going well when 338 brand-new cars sat smoldering in six feet of ocean water. 

Completely losing your first batch of production vehicles is just about the worst thing that could happen for any young auto brand. Fisker had overcome a lawsuit from Tesla, the failure of its battery supplier, and laying off most employees. Bankruptcy soon followed, and vehicle development screeched to a halt. Fisker burned through $1.3 billion in its short history before failing altogether.

However, that was certainly not the end for the Fisker brand and vision. In 2014, Fisker Automotive’s Karma vehicle design, tooling and a manufacturing facility in Delaware were purchased by Wanxiang Group, a Chinese auto conglomerate. They continue to produce the Karma sports car today.

New Life For Fisker 

A few years later, Henrik Fisker rebranded his sustainable transport projects into Fisker Inc. A lot had changed over the 2010s. Tesla succeeded against all odds, crossovers were replacing sedans everywhere, and electric vehicles were entering the mainstream. Most importantly for Fisker, electric vehicle battery technologies were maturing.

In 2020, Fisker opened up reservations for a new electric crossover dubbed the Ocean. It’s not clear if the name choice is a healthy dose of irony or a real coincidence considering what brought the brand to its knees in 2012. This time around, Fisker seems to truly have the wind in its sails. Fisker is officially partnering with Magna to mass produce the Ocean electric crossover starting in late 2022. 

The 2021 LA Auto Show brought a real emphasis on electric vehicles. From legacy automakers to EV startups, the world was excited to show off the future. Among the many EV headlines at the LA Auto Show was the unveiling of the production-ready Fisker Ocean electric crossover. Here’s why the Fisker ocean is seriously a car to look forward to in 2022.

Sustainable Design, Affordable Price

Just look at those curves, that front fascia, and the limited glimpses we have of the interior. The Fisker Ocean is one gorgeous crossover. It’s muscular yet composed, and there’s nothing out there like it. The Ocean is slightly larger than the popular and more expensive Tesla Model Y when it comes to height, width and length.

Fisker says that the interior is surprisingly spacious due to the compact electric motors and skateboard battery design underneath the floor. Much of the interior is made of recycled materials, of course with a luxury flare. 

The Fisker Ocean will enter the U.S. market at a starting MSRP of $37,499 (excluding incentives). In some states, tax credits and state rebates will bring the effective cost of an entry-level Ocean below $30,000. Tired of one-size-fits-all trim options? Fisker offers compelling option packages to customers across the Ocean’s entire price range.

2023 Fisker Ocean dimensions
2023 Fisker Ocean dimensions

Fisker Ocean Sport Price

Starting MSRP: $37,499

2023 Fisker Ocean Sport pricing

The entry-level Ocean still comes well-equipped with a 17-inch central touchscreen, premium sound and a BigSky roof. The Ocean Sport is powered by a single front-wheel drive motor that’s more than enough power for most. The Fisker Ocean Sport starts at an MSRP of $37,499.

Standard features on the base Fisker Ocean Sport

Fisker Ocean Ultra Price

Starting MSRP: $49,999

Fisker California Mode pricing
Fisker California Mode

The Ocean Ultra will be the option that most buyers will go for. Stepping up to the Ultra gets you dual motor all-wheel drive, three drive modes for diverse driving conditions, and 360-degree cameras. 

There’s a LOT more. The Ultra also tacks on Fisker’s more expansive OpenSky glass roof, unique interior trim options, and phone-as-a-key. 

The Fisker Ultra is also where the brand’s famous California Mode becomes accessible to buyers. Fisker California Mode lowers all windows, including the rear window, effectively turning the cabin of the Ocean into open-air space perfect for breezes and sunshine. 

2023 Fisker Ocean pricing
Fisker Ocean Ultra trim features

The Fisker Ocean Ultra starts at $49,999, a noticeably lower base MSRP than you’ll find in most similarly equipped competitors.

Fisker Ocean Extreme Price

Starting MSRP: $68,999

Fisker Ocean Extreme and One options
Fisker Ocean Extreme and One options

Want a solar roof on top of your car that can harness the sun for up to 2,000 miles of range every year? You can have that and more with the Fisker Ocean Extreme. The Ocean Extreme comes packed with an abundance of high-end luxury amenities at a more premium price point.

On top of what the Ocean Ultra offers, the Extreme gets Park My Car, and advanced driver assist systems like lane change assist. The 17” screen found in all Ocean trims turns into a revolving screen that can flip horizontal or vertical. 

2023 Fisker Ocean Extreme
The Fisker Ocean Extreme is fully loaded

The Ocean Extreme also gets Fisker Limo Mode, which allows rear-seat passengers the ability to control audio volume, heating and cooling. The Fisker Ocean Extreme starts at $68,999, but you get a whole lot of quirks and features.

Fisker Ocean One Price

Starting MSRP: $68,999 (sold out)

Fisker Ocean One
Fisker Ocean One

The launch-edition Fisker Ocean One will be the first-ever vehicle launched by Fisker Inc. Unfortunately for today’s buyers, the Ocean One is limited to the first 5,000 units produced. All are spoken for, so the Ocean Extreme is your next best bet. This luxury edition comes fully loaded with all available premium features.

Fisker Ocean Specs and Performance

The Fisker Ocean Sport will have an expected 0-60 mph time of 6.9 seconds with peak horsepower of 275 hp. The Fisker Ocean Ultra drops the 0-60 time to just 3.9 seconds with a peak of 540 HP. That’s a full second quicker than the dual motor, long range Tesla Model Y. The Fisker Ocean Extreme and Fisker Ocean One will have an estimated 0-60 mph time of 3.6 seconds, with 550 HP.

The Fisker Ocean Sport will have Earth and Fun drive modes, while the Fisker Ocean Ultra and Fisker Ocean Extreme will add Hyper mode. The Fisker Ocean Extreme and the Fisker Ocean One will also have an Off-Road mode. The Fisker Ocean Ultra, Fisker Ocean Extreme, and Fisker Ocean One trims will have a Smart Traction torque-vectoring system to enhance performance and safety.

Fisker Intelligent Pilot driver assistance features
Fisker Intelligent Pilot driver assistance features

Fisker Ocean Range and Battery Size

Fisker estimates that the EPA range of the front-wheel-drive, single-motor Fisker Ocean Sport will be 250 miles on a single charge. The Ocean Sport gets a lithium-ion phosphate (LFP) battery cell chemistry supplied by respected battery supplier CATL. EPA ranges for the all-wheel-drive, dual-motor Fisker Ocean Ultra and Fisker Ocean Extreme are estimated at 340 miles and 350-plus miles, respectively.

The Ocean Ultra, Ocean Extreme and limited-edition Ocean One will use CATL-supplied battery packs with a nickel-manganese-cobalt cell chemistry. Fisker says that they’ve worked in close collaboration with CATL to create reliable, high-energy packs for the Fisker Ocean.

Fisker Ocean One
2023 Fisker Ocean in Big Sur Blue

Don’t Want to Buy? Try Fisker’s Flexee Lease

For just $379 per month (a bargain these days!), you can lease a Fisker Ocean SUV under a very untraditional lease agreement. Fisker says that they believe electric vehicles should be affordable to all, and this is how they’re going to try to get there. 

With a Fisker Flexee Lease, there are no term limits and you can cancel at any time. It’s basically a long-term rental that appears to be worry-free. After twelve years of leased driving, Fisker will retire and recycle the electric SUV. The Fisker Flexee Lease requires an initial payment of $2,999, and it includes up to 30,000 miles per year. Maintenance is covered. Sounds like a great deal if you ask me!

Fisker Ocean Incentives

In the United States, buyers of the Fisker Ocean qualify for up to $7,500 in federal electric vehicle tax credits, depending on annual tax liability. Many states offer additional electric vehicle rebates and tax credits that drop the effective price of the Fisker Ocean well below $30.000. US lawmakers are considering revisions to the Electric Vehicle Tax Credit that could possibly up the incentive amount to over $10,000 for the Fisker Ocean, and even higher for vehicles made in the United States with union labor. Your electric utility may even offer some kind of EV rebate.

When Will the Fisker Ocean Be Available?

You can jump on the Fisker reservation list with a $250 refundable deposit, but know you’re signing up for a waiting game. Fisker is proud to announce that production is scheduled to begin at Magna’s state-of-the-art, zero-emissions factory in November 2022. The first 5,000 Oceans made will be the top-tier Ocean One that is already sold out. We expect those who get in line for a top-trim Fisker Ocean in early 2022 will likely take delivery in the second half of 2023. There’s a longer wait ahead if you’re interested in the more affordably priced ocean trims – 2024 at the earliest.

Fisker Will Open Six Brand Experience Centers in 2022, Four in America

The first two Fisker Experience Centers will open soon in Los Angeles and Munich, Germany. Later in 2022, the company plans to open at least four additional centers in London, New York, Miami and Copenhagen.

CarEdge’s Take

Your automotive advocates at caredge.kinsta.cloud are feeling optimistic about Fisker. The car is beautiful and the specs are promising, but the price points are very competitive for what you get. We would not be so enthusiastic about the brand if it had not already announced strategic partnerships that elevate reliability ratings from day one. Austrian automaker and supplier Magna-Steyr has been building luxury vehicles for the likes of BMW, Jaguar and Mercedes. CATL’s battery packs are arguably the best out there. Even Tesla uses them for some manufacturing.

Of course, our opinions can only be so strong when no reviewers have had the chance to take a ride in a production-ready Fisker ocean just months before production is set to start.  

Another thing to consider when making any vehicle purchase is how close you live to Fisker’s planned Experience Centers. It’s never a great idea to be too far away from maintenance if you need it. For example, I’d love to purchase a Fisker Ocean myself, but I live in West Virginia. I doubt Fisker will be coming to the Mountain State anytime soon. We don’t even have a Tesla showroom or service center in the state.

At this price point and with these specs, the 2023 Fisker Ocean just might shake up the electric crossover segment like never before. We will be keeping our eyes on Fisker as they enter the American market.

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Every Electric Vehicle On Sale in 2022: Wait Times and Price

Every Electric Vehicle On Sale in 2022: Wait Times and Price

Hyundai IONIQ 5

(Updated for Summer 2022)

As anyone who’s fallen head over heels for one of the many 2022 electric vehicles and clicked that ‘Order’ button can attest, just because you can order an EV in 2022 doesn’t mean you can drive it home this year. This was a problem I faced myself, but I finally broke the code and got a Hyundai IONIQ 5 at MSRP (here’s how).

Soon after I began my online car search, it became clear that if I wanted a brand-new vehicle, my options were limited by availability. To make the most of the situation, I thought I’d share what I’ve learned about the availability and estimated delivery times for EVs on the market today. Here’s what we know as we kick off the new year.

Note: These are fully-electric models that can either be ordered now or purchased at a dealership today. Many more have been announced but are not yet officially available.

MakeModelClassStarting MSRPEstimated Delivery/Lot Availability*
Audie-troncrossover SUV$65,900Available Now
AudiQ4 e-troncrossover SUV$43,900Available Now
AudiRS e-tron GTsedan$103,445Available Now
BMWiXSUV$88,050Mid-2022
BMWi4sedan$55,400Mid-2022
CadillacLyriqSUV$62,990Late-2022
ChevroletBolthatchback$31,000Available Now
ChevroletBolt EUVcrossover SUV$33,500Available Now
FiskerOceancrossover SUV$37,4992023
FordMustang Mach-Ecrossover SUV$43,895Available Now
FordF-150 Lightningtruck$39,9742023-2024
GMCHummer EVtruck$99,995Mid-to-late 2022
HyundaiIONIQcrossover SUV$33,245Available Now (Discontinued)
HyundaiIONIQ 5crossover SUV$43,650Available Now
HyundaiKonacrossover SUV$34,000Available Now
JaguarI-Pacecrossover SUV$69,900Available Now
KiaNirocrossover SUV$39,990Available Now
KiaEV6crossover SUV$42,115Available Now
LucidAirsedan$77,400Mid-2022
MazdaMX-30crossover SUV$33,4702022 - CA Only
MercedesEQSsedan$102,310Available Now
MercedesEQBSUV~$55,000Late 2022
NissanLeafhatchback$27,400Available Now
NissanAriyacrossover SUV$47,125Late 2022
PolestarPolestar 2sedan$45,900Available Now
PorscheTaycansedan$82,700Available Now
RivianR1Ttruck$67,5002023
RivianR1SSUV$70,0002023
SubaruSolterracrossover SUV$46,220Mid-to-late 2022
TeslaModel Ssedan$94,990Late 2022 - 2023
TeslaModel 3sedan$46,990Mid-to-late 2022
TeslaModel XSUV$104,9902023
TeslaModel Ycrossover SUV$62,990Late 2022 - 2023
ToyotabZ4Xcrossover SUV$43,215Mid-to-late 2022
VolkswagenID.4crossover SUV$40,760Mid-2022
VolvoXC40 Rechargecrossover SUV$55,300Available Now
*For a vehicle ordered in May 2022, unless there's existing dealership supply.

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What Does It All Mean? Supply and Demand Are Out of Whack

A few things might stand out to you on this list. Not a lot of options are available if you need a new vehicle right now. VW Group’s new EVs are available at many dealerships, although there are reports of major dealer markups. It’s quite easy to find EVs of the previous generation on dealer lots. Think Kia eNiro, Hyundai Kona EV, Nissan Leaf and the like. 

The vast majority of 2022 electric vehicles are crossovers. No surprise there given the sales trends over the past decade. Honda doesn’t have a single EV arriving in the North American market until the 2024 Prologue electric SUV. That is surprising considering the popularity and good reputation of the brand. What will it take for automakers to catch up to demand? An end to the chip shortage would be a great step in the right direction. There’s also the supply versus demand factor. Ford, Rivian, Tesla and VW are all swamped with orders well into 2022, and even into 2023. All except Tesla are EV newcomers who are facing the same production ramp-up struggles that Tesla just barely survived a few years ago. We’ll update this page regularly as more information becomes available, so save it to your bookmarks!

Did we miss anything? Let us know in the comments below, or shoot an email to [email protected].