Affordable EVs? How 2023 Toyota BZ4X measures up in price to other electric crossovers

Drive impressions and pricing are in for the 2023 Toyota BZ4X, which is Toyota’s first battery electric vehicle since the RAV4 EV was discontinued in 2014. Much has changed in that time, and while Toyota has remained the hybrid leader, it’s now playing catchup to rival electric crossovers, including the Ford Mustang Mach-E, Volkswagen ID.4, Hyundai Ioniq 5, Kia EV6, and the Tesla Model Y, not to mention smaller electrics that have been on sale for years, such as the Nissan Leaf and Chevy Bolt EV. 

Developed in partnership with Subaru, and a near twin to the related 2023 Subaru Solterra, the BZ4X compact crossover heralds the first of seven planned Toyota models with the BZ, or “Beyond Zero,” naming convention. Standard with single-motor front-wheel-drive versions or available with dual-motor all-wheel-drive models, the 2023 BZ4X follows Toyota’s traditionally conservative approach to new vehicle technology.

Instead of rewriting the book on what a clean-slate car can be, the BZ4X serves as a progression of the excellent Toyota RAV4 Prime plug-in hybrid, offering Toyota customers a smooth bridge from gas power to fully electric locomotion. But Toyota plans to sell only 7,000 of its first electric in its first year of sales in the U.S., limiting its upside amid an increasing number of electric compact crossovers. 

At $43,215, including $1,215 destination, it’s priced competitively with single-motor rivals, but by the third quarter of this year, Toyota will reach the electrified vehicle sales threshold where the feds halve the $7,500 federal EV tax credit, then halve it again in 2023 for six more months before being phased out completely (pending legislation could reverse that). Limited availability and limited money back puts it at a disadvantage to every other automaker except Tesla and GM, whose credits have been fully phased out. 

Here’s a look how it stacks up, by price and by the numbers to rival. Pricing of the similar 2023 Subaru Solterra is expected in the next few weeks. For drive impressions and a full review, click the links. 

2023 Toyota bZ4X Limited AWD

2023 Toyota bZ4X Limited AWD

2023 Toyota bZ4X Limited AWD

2023 Toyota bZ4X Limited AWD

2023 Toyota BZ4X

Powertrains: Single-motor front-wheel-drive versions have a 71.4-kwh battery pack; dual-motor all-wheel-drive models use a 72.8-kwh pack. 

Output and range: Single-motor models have an output of 201 hp and 196 lb-ft of torque, and an EPA-estimated range of 252 miles for the base XLE; dual-motors make 214 hp and 248 lb-ft, and have a range up to 228 miles.  

Price: Single-motor versions start at $43,215, including $1,215 destination (all prices henceforth include destination fees). The AWD XLE costs $45,295, and the Limited tops the lineup at $49,995. Toyota vehicles qualify for the full federal EV tax credit of $7,500 until Q3 2022, then it’s halved to $3,750 until 2023, then halved again before full phase out by Q3 2023. 

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

The Ioniq 5 combines retro hatchback styling cues with futuristic lighting and wheels, and excellent packaging on the inside. It’s a rethink of how interior space can be optimized, and its 800-volt charging on 350-kw DC fast-charging is the kind of state-of-the-art tech found on EVs that are twice as expensive. 

Powertrain: A 77.4-kwh battery pack and single-motor rear-wheel drive or dual-motor all-wheel drive. A smaller 58-kwh battery variant is planned, but has not been released yet. 

Output and range: A 168-kw single-motor makes 225 hp and 258 lb-ft, and has a range of 303 miles and EPA efficiency of 114 MPGe; the AWD model has a 74-kw motor up front and 165-kw motor in back that make 320 hp and 446 lb-ft, with a range of 256 miles and EPA efficiency of 98 MPGe. 

Price: The base Ioniq 5 SE costs $44,825 (including $1,225 destination) while the top Limited trim costs $51,825; AWD costs $3,500 or $3,900 extra on the top Limited trim. The smaller 58-kwh battery pack model will start at $40,925. Hyundai electrics still qualify for the full $7,500 federal tax credit. 

2022 Kia EV6

2022 Kia EV6

2022 Kia EV6

2022 Kia EV6

2022 Kia EV 6

Kia uses the same platform and mechanicals as the Ioniq 5, but packages it in a sleeker, sportier style that looks as much like a fastback European tourer as it does an electric crossover. Unlike the Solterra and the BZ4X, the EV6 and Ioniq 5 will never be mistaken for one another. Unlike Hyundai, Kia sells the EV6 nationwide and offers the smaller battery pack and cheaper base model now. 

Powertrains: A smaller 58-kwh battery pack and rear-wheel drive comes with the Light model; a larger 77.4-kwh model can be had in single-motor rear-wheel drive or dual-motor all-wheel drive. 

Output and range: With a range of 232 miles and EPA efficiency of 117 MPGe combined, the 58-kwh model and its 195-kw motor makes 167 hp and 258 lb-ft, which is the same torque from the larger motor and battery pack; the 77.4-kwh pack and its motor make 225 hp and 258 lb-ft, and have the same efficiency rating but a range of up to 310 miles; the larger pack and dual-motor AWD churns out 320 hp and 446 lb-ft, but performance sacrifices efficiency, with an EPA rating of 105 MPGe combined and a range of 274 miles. 

Price: The base Light model costs $42,115, including a $1,255 destination fee; the larger pack with a single motor in Wind trim costs $48,225, and adding another motor for AWD adds $3,900; on the top $52,455 GT-Line, AWD adds $3,700. Kia electrics still qualify for the full $7,500 federal tax credit. 

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E

2022 Ford Mustang Mach-E

The Mustang Mach-E took the iconic muscle car name and was the first affordable electric crossover to face off against the Tesla Model Y. It mimicked the touchscreen layout of Tesla, but couldn’t match the tech sophistication. Yet the Mach-E makes a compelling, rear-drive bridge from one era of accessible sports cars to another, and it has crossover versatility.

Powertrains: A 70-kwh Standard Range battery comes in single-motor rear-wheel-drive or dual-motor all-wheel-drive configurations; a 91-kwh Extended Range battery is also available. 

Output and range: Single-motor versions make 266 or 290 hp and dual-motor models make 346 hp in the standard line and 480 hp and 600 lb-ft in the AWD GT. The Mach-E is quick in any form, with 0-60 mph times falling between a swift 6.1 seconds and a blazing 3.5 seconds. The Select RWD has a range of 247 miles, GT has a range of 270 miles, and the Route 1 Extended Range with RWD tops the range at 314 miles. 

Price: The base Select model with rear-wheel drive and the Standard Range 70-kwh battery costs $43,995, and adding a second motor for AWD adds $2,700; buyers have to move up to the $49,200 Premium model to get the Extended Range battery; at the top of the lineup, the Mustang Mach-E GT costs $61,095, and the GT Performance Edition adds another $5,000. Every Mach-E is eligible for the $7,500 federal EV tax credit for now, the Ford is on a similar EV sales trajectory as Toyota, so the phaseout could begin this year. 

2021 Volkswagen ID.4 Pro S AWD

2021 Volkswagen ID.4 Pro S AWD

2021 Volkswagen ID.4 Pro S AWD

2021 Volkswagen ID.4 Pro S AWD

2022 Volkswagen ID.4

The VW ID.4 arrived not long after the Mustang Mach-E and offered a conservatively styled but spacious alternative to the Model Y. The tech falls short, with a touchscreen layout and climate controls that are needlessly complex, but the ID.4 is the least expensive electric crossover in our list, which goes a long way in our book, even if the range trails the leaders.

Powertrain: Single-motor rear-wheel drive or dual-motor all-wheel drive is offered with a 77-kwh battery pack. 

Output and range: Single-motor RWD models have 201 hp and 229 lb-ft, while AWD models get a boost to 295 hp and 339 lb-ft of torque, which cuts its 0-60 mph time from the seven-second range to the five-second range. The 2022 ID.4 Pro has a 112 MPGe and 280-mile range, while AWD drops it to 101 MPGe and 251 miles of range; better-equipped ID.4 Pro S versions with AWD are rated at 95 MPGe and 245 miles of range.

Price: $41,955 for the base Pro model, or $45,635 for the Pro AWD; Pro S models start at $46,455 with rear-wheel drive or $50,135 with AWD. VW electrics still qualify for the full $7,500 credit. 

2020 Tesla Model Y

2020 Tesla Model Y

2020 Tesla Model Y

2020 Tesla Model Y

2022 Tesla Model Y

The electric compact crossover for the masses fulfilled its mission of being first to market, but Tesla betrayed its promise of affordability by increasing the price regularly, including at least a $10,000 jump in the past 18 months. Yet, despite some build quality issues, the brand’s bestseller in the U.S. remains the efficiency leader in its class, and has the most sophisticated tech.  

Powertrain: Both Long Range and Performance models have dual-motor all-wheel drive, but Tesla doesn’t disclose battery sizes or outputs. 

Output and range: The Performance model has been estimated at 480 hp, has a 0-60 mph time of 3.5 seconds, and a range of 303 miles. The Long Range model hits 0-60 mph in 4.8 seconds, and has a range of 303 miles. 

Price: Long Range versions start at $64,990 (including a $1,200 destination charge) and Performance models start at $67,990.

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