I'm a little confused by your comment. Yes, batteries are expensive, therefore a shorter range EV should have a cheaper price than a longer range one, because you are removing expensive battery.
I think there might have bee some confusion. I meant "cheaper than an EV with the usual 250ish mile range", not cheaper than an ICE vehicle.
I bought an EV last year. It was more expensive up front than a comparable ICE vehicle, but the loan payments + charging costs were actually cheaper than the loan payments + fuel costs would have been. With my vehicle, I may, in the future, have to rent a larger ICE vehicle on rare occasions. This was a possibility I considered before I purchased the vehicle and decided I was fine with it, since my monthly fuel savings will more than offset this cost. I was suggesting that, for a sufficient discount, I would have bought an EV with less range and started renting a vehicle now, instead of potentially in the future.