This is the cheapest EV you can buy new right now

The holy grail of the EV industry is a truly affordable new car. There’s a growing number of models under $40,000, but many of them are well over that price, especially if you want something better than the base trim. If you’re on a budget, entire brands are essentially off-limits — until the R2 and R3 come out, the cheapest Rivian is the $70,000 R1T. That might as well be a Bugatti Veyron, as far as a recent college grad is concerned.