Hyundai Announces Kona Electric U.S. Pricing, Starts From $29,995 With Tax Credit

Hyundai has officially released the U.S. pricing details of the eagerly awaited Kona Electric, which starts from $29,995 after the $7,500 federal tax credit ($37,495 without it).

The new Hyundai Kona Electric will be available in three trim levels: SEL, Limited and Ultimate. They are all powered by the same 201 HP and 291 lb-ft (394 Nm) electric motor and come with a big, 64 kWh lithium-ion battery pack.

The estimated driving range is a very impressive 258 miles (415 km). The Kona Electric comes with DC Fast-Charging as standard, enabling it to charge the battery to 80 percent in just 54 minutes when plugged into a Level III 100kW charger. With a Level II 7.2kW charger, the same process takes nine hours and 35 minutes.

The base SEL model is pretty packed with features like unique 17-inch alloys wheels, keyless entry and push start button, leather steering wheel, model-specific fabric upholstery, a seven-inch digital instrument cluster as well as a seven-inch infotainment system with Apple CarPlay, Android Auto, SiriusXM and Blue Link services.

The active safety kit includes Blind-Spot warning, Lane Keeping Assist, Forward Collision Warning, Rear Cross-Traffic Collision warning as standard.

The Limited grade starts from $42,195 (which drops to $34,695 with the tax credit), adding LED headlights, a sunroof, leather seats, a powered driver’s seat with lumbar adjustment, wireless device charging and more.

As for the range-topping Ultimate, it is priced from $45.695 ($38,195 after the tax credit) and comes with ventilated front seats, heated steering wheel, Smart Cruise Control with stop and go, rain-sensing wipers, head-up display, a bigger eight-inch touchscreen display for the infotainment and a premium Infinity audio system, among others.

The new Hyundai Kona Electric will be initially available in California and subsequently in specific states in the western and northeastern regions of the U.S. market. The order books are now open.

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  • Maykel

    Way too expensive for a small vehicle even with the tax credit.

    • ➡️ProtectOurHeritage⬅️

      EVs are expensive compared to ICE vehicles. Give it another ten or fifteen years and the price may drop.

      • Khm. Check data. Price parity is expected in 2023, and from then on you would be a financial idiot to buy ICE – as electric cars are way cheaper to maintain.

        • ➡️ProtectOurHeritage⬅️

          Price parity due to the over taxation of ICE vehicles and tax subsidies for EVs? That’s about right.

  • no25

    Well if it weren’t so damn ugly, then maybe.

    • ctk4949

      I actually think it looks nice for an EV. A darker color would be best tho.

  • Sid Harris

    Is this better than a Tesla M3 for $35K?

  • Bob Cook

    Hyundai and Kia must be crazy. I have a top line Niro PHEV, all options. It is way overpriced for what it is. A mid-range Tesla M3 makes a lot more sense, on almost every level. Build quality of my Niro doesn’t even match the M3. And the M3 gets better (OTA software upgrades) every month.

    • Arthur Burnside

      An M3 is is a plain Jane old fashioned impractical sedan with a bull nosed front end and the world’s most distracting touchscreen control panel. I think its funny that a Tesla owner should brag about frequent updates – it means mostly that your Tesla has deficiencies that needed to be corrected (remember the update to correct the poor braking?). The lowest priced Kia/Kona has a driving range
      equalling the mid range Tesla, which goes for $45,000, while the Kia/Kona will cost over $15,0000 less. And reviews of both cars
      often recommended them over the Model 3. When the Volvo Polestar 2 shows up, it’s more bad news for the Tesla 3.

    • Galaxium

      You are going to get superior quality in terms of fit and finish in a Hyundai/Kia EV.

      Model 3 defects are horrendously common and bad.

      • Bob Cook

        Do you have either, or are you just shooting from the hip like Burnside? I have BOTH. The panel fit in my Niro is not as good as the M3. The interior quality of the Niro is significantly worse. Since I purchased the M3, it has received several OTA upgrades, most notably navigate on AutoPilot. It consistently gets better. My Kia, nada. My M3 had a minor issue that was taken care of by mobile service – AT MY HOUSE. My Kia just spent TWO WEEKS at the Kia dealer…for an alignment due to a recall on the rear suspension. And I won’t even go into the far inferior driving capabilities of any Niro compared to the M3. Based on the price I paid for my Niro PHEV, it looks like the delta from the Niro EV to a base range M3, both equipped the way I would buy it, is maybe $5k. A no brainer. There is no comparison between the two.

        • Galaxium

          The Niro is significantly cheaper than the Model 3 and I believe it has one of the lower issues per 1000 vehicles.

          The Model 3 continues to get plagued with quality control issues in body panels and fit and finish (and even uneven paint). You can go onto any forum that involves the Model 3, and virtually everyone will say there is some issue if you look close enough.

  • Jim

    Please don’t list prices after tax credit. Not everyone qualifies for that. I know I don’t.
    I am discourages by the pricing, especially since I’d have to go up one level to get lumbar support, and then be forced into leather seats!
    I want cloth seats and lumbar support!
    Guess I will have to see how they feel when it comes out.
    The Chevy Bolt seats are horrible.
    My C-max Energi has the most comfortable seats of any car I ever had, so me the bar is at very high for me!

    • Benjamin B.

      Who doesn’t qualify for the tax credit

  • Mark Weiner

    Electric cars are a niche vehicle… most people will probably never consider taking them out of town on a long trip… they are not intended for this. Some enthusiasts will… good luck. Even with a 200 plus miles range… that’s only 100 miles away from your starting point.

    If you are looking for a “city car”… it’s hard to beat this.

    Over time fuel consumption is the most expensive thing you spend on your vehicle. Add in the extra maintenance costs for oil changes, water pumps, belts and other things… that all adds up quickly. There’s a lot fewer moving parts on an electric car. Sure, you still have brakes, tires and some other stuff, but, maintenance and fuel consumption is a huge difference. Some people will say…oh.. what about depreciation…yeah…all cars depreciate…. but…. depreciation is only important if you intend to sell.

    The only “red flag” issue is the battery replacement and degradation over time and most have a long warranty for this.

    Is it worth it…that depends on how you use your car…?

    • Juan Fernandez

      Well, a lot of homes in USA have 2 vehicles. You can use the electric for city displacements and take the gas drinker for long trips. If you think about it, the niche is just common sense.

      • Mark Weiner

        YES, that is correct. One other thing is once you purchase one of these you have to realize that the resale value will drop even faster than any other car because the newer technology with the extended range will effectively make these older models with limited range obsolete.

        Not to mention that the longer you keep this vehicle in years the harder it will be to get rid of it close to the expiration of the original warranty on the battery and electric drive. Eventually, you will have to replace the entire battery system or drive and the cost will be VERY EXPENSIVE. So, while they might be less expensive to “maintain” during ownership, you’re deferring a huge cost on the back end.

        As long as you know these caveats go ahead and purchase one.

  • Paul

    These things are going to be specialty items for a long time. Big oil will see to that. I’s best for city dwellers and commuter special because in every day and rural life it would be a PITA.

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