Hyundai New Electric Car Price Revealed Check Latest Deals

Hyundai’s new electric car price starts at just $38,995, making it one of the most affordable EVs in its class with cutting-edge tech and a 300-mile range. Exclusive launch deals include $5,000 in incentives and 0% APR financing, giving buyers even more reason to go electric now.

Key Takeaways

• Competitive pricing: Hyundai’s new electric car starts at $35,000, undercutting rivals.
• Government incentives: Buyers may qualify for tax credits up to $7,500.
• Long-range option: Top model offers 300+ miles on a single charge.
• Fast charging: 10-80% charge in 30 minutes with DC fast charging.
• Latest deals: Check Hyundai’s website for limited-time discounts and financing offers.

The Future of Mobility is Here: Hyundai’s New Electric Car Lineup

The electric vehicle (EV) revolution is no longer a distant dream—it’s happening right now, and Hyundai is at the forefront of this transformative shift. With bold investments in battery technology, innovative design, and sustainable manufacturing, Hyundai has rapidly evolved from a traditional automaker to a global leader in electric mobility. In 2024, the brand has unveiled a refreshed lineup of electric vehicles that combine cutting-edge performance, advanced safety features, and competitive pricing. From the sleek and efficient Ioniq 5 to the luxurious and spacious Ioniq 7, Hyundai is redefining what it means to drive electric.

One of the most frequently asked questions among prospective buyers is: “What is the Hyundai new electric car price?” With rising fuel costs, government incentives, and growing environmental awareness, more drivers are making the switch to EVs—and Hyundai is responding with models that cater to a wide range of budgets and lifestyles. Whether you’re a city commuter, a family looking for a roomy SUV, or a tech enthusiast craving the latest in-car innovations, Hyundai’s new electric vehicles offer compelling value. In this comprehensive guide, we’ll dive into the latest pricing details, explore the features that justify the cost, analyze available incentives, and help you find the best deals on the market today. Buckle up—your next electric car might just be a Hyundai.

Hyundai’s 2024 Electric Vehicle Lineup: Models and Starting Prices

Hyundai’s 2024 electric lineup is more diverse and competitive than ever. With multiple trims, battery options, and body styles, there’s a Hyundai EV for nearly every driver. Below, we break down the current models, their starting prices (MSRP), and what you get for your investment. All prices are based on U.S. market data as of Q2 2024 and are subject to change based on trim, options, and regional availability.

Ioniq 5: The Compact Crossover with Retro-Futuristic Style

The Ioniq 5 remains Hyundai’s flagship EV, combining a striking design inspired by the 1970s Pony concept with modern technology and impressive range. It’s built on Hyundai’s Electric-Global Modular Platform (E-GMP), enabling ultra-fast charging and a spacious interior.

• Starting MSRP: $41,650 (SE Standard Range RWD)
• Available Trims: SE, SEL, Limited
• Battery Options: 58 kWh (Standard Range), 77.4 kWh (Long Range)
• Range: Up to 303 miles (Long Range RWD)
• Fast Charging: 10–80% in 18 minutes (350 kW DC fast charger)

The Ioniq 5 offers exceptional value, especially in the SEL trim, which includes a panoramic sunroof, heated front seats, and advanced driver-assistance systems (ADAS). For urban drivers, the Standard Range model delivers 220 miles on a charge—perfect for daily commutes and weekend getaways.

Ioniq 6: The Sleek Electric Sedan

Following the success of the Ioniq 5, the Ioniq 6 is Hyundai’s answer to the Tesla Model 3 and Polestar 2. With a drag coefficient of just 0.21, it’s one of the most aerodynamic production cars in the world, contributing to its impressive efficiency.

• Starting MSRP: $45,500 (SE RWD)
• Available Trims: SE, SEL, Limited
• Battery Options: 53 kWh (Standard Range), 77.4 kWh (Long Range)
• Range: Up to 361 miles (Long Range RWD)
• Charging: 10–80% in 18 minutes (with 350 kW DC fast charger)

The Ioniq 6 is ideal for drivers who want a more traditional sedan experience without sacrificing EV performance. Its interior is packed with tech, including dual 12.3-inch displays, wireless Apple CarPlay/Android Auto, and a 64-color ambient lighting system.

Ioniq 7: The Three-Row Electric SUV (Coming Late 2024)

Set to launch in late 2024, the Ioniq 7 is Hyundai’s first three-row electric SUV. Based on the same E-GMP platform as the Ioniq 5 and 6, it promises family-friendly space, advanced safety, and a range of over 300 miles.

• Estimated Starting MSRP: $55,000
• Projected Range: 310 miles (Long Range AWD)
• Seating: 6 or 7 passengers
• Key Features: Vehicle-to-Load (V2L) power outlet, rear-seat entertainment, Level 3 autonomy (in select markets)

While not yet available for purchase, the Ioniq 7 has generated significant buzz. Pre-orders are expected to open in Q3 2024, with deliveries starting in Q4. Early adopters may qualify for special launch incentives.

Kona Electric: The Budget-Friendly City Cruiser

The 2024 Kona Electric is Hyundai’s most affordable EV, making it a great entry point for first-time electric car buyers. It features a redesigned exterior, improved interior materials, and a more efficient battery system.

• Starting MSRP: $34,050 (SE)
• Available Trims: SE, SEL, Limited
• Battery: 64.8 kWh (up from 64 kWh in 2023)
• Range: Up to 261 miles (Limited trim)
• Charging: 10–80% in 47 minutes (100 kW DC fast charger)

The Kona Electric is perfect for city dwellers who need a compact, nimble EV with enough range for weekend trips. It also qualifies for federal and state incentives, further reducing the effective price.

What You Get for the Price: Features and Technology

When evaluating the Hyundai new electric car price, it’s essential to look beyond the sticker number. Hyundai packs its EVs with premium features, advanced safety systems, and smart tech that enhance the ownership experience. Here’s what you get across the lineup.

Advanced Driver Assistance Systems (ADAS)

All 2024 Hyundai EVs come standard with Hyundai SmartSense, a suite of safety and convenience features that includes:

• Forward Collision-Avoidance Assist (FCA) with pedestrian and cyclist detection
• Lane Keeping Assist (LKA) and Lane Following Assist (LFA)
• Highway Driving Assist (HDA) for semi-autonomous highway cruising
• Blind-Spot View Monitor (BVM) and Rear Cross-Traffic Collision-Avoidance Assist (RCCA)
• Remote Smart Parking Assist (RSPA) on higher trims

For example, the Ioniq 5 Limited trim includes Highway Driving Assist 2, which allows hands-off driving on mapped highways (with driver supervision). This feature alone adds significant value, especially for long-distance commuters.

Infotainment and Connectivity

Hyundai’s EVs feature a dual-screen setup (12.3-inch digital gauge cluster + 12.3-inch touchscreen) with:

• Wireless Apple CarPlay and Android Auto
• Over-the-air (OTA) software updates
• Bluelink connected car services (remote start, climate control, vehicle status)
• Available Bose premium audio system (Ioniq 6 and Ioniq 7)

Tip: The Bluelink app lets you pre-condition your car’s cabin while it’s still charging—perfect for cold winter mornings or hot summer days.

Interior Comfort and Space

Thanks to the E-GMP platform, Hyundai EVs offer a flat floor and long wheelbase, maximizing interior space. The Ioniq 5, for instance, has more rear legroom than a Mercedes E-Class. The Kona Electric now includes heated front seats and a power liftgate even on the base SE trim—features that were previously reserved for higher trims.

Charging and Energy Management

All models support:

• AC Level 2 charging (up to 11 kW)
• DC fast charging (up to 350 kW on Ioniq 5/6/7)
• Vehicle-to-Load (V2L) capability (powers external devices up to 3.6 kW)

Example: Use V2L to power a camping fridge, laptop, or even a small appliance during a power outage. The Ioniq 7 will offer V2L on all trims, while it’s optional on the Ioniq 5 and 6.

Federal and State Incentives: How Much Can You Save?

One of the biggest advantages of buying a Hyundai electric car is the potential to save thousands through tax credits and rebates. The U.S. federal government and many states offer financial incentives to encourage EV adoption.

Federal Tax Credit (Clean Vehicle Credit)

As of 2024, the Inflation Reduction Act (IRA) provides a federal tax credit of up to $7,500 for new EV purchases. However, eligibility depends on:

• The vehicle’s final assembly location (must be in North America)
• Battery component and critical mineral sourcing
• Buyer’s modified adjusted gross income (MAGI)

As of Q2 2024, the following Hyundai models qualify for the full $7,500 credit:

• Ioniq 5 (all trims)
• Ioniq 6 (all trims)
• Kona Electric (all trims)

The Ioniq 7 is expected to qualify at launch. Note: The credit is non-refundable and can only offset tax liability. If you don’t owe $7,500 in taxes, you can’t receive the full amount as cash.

State and Local Incentives

Many states offer additional rebates, HOV lane access, and reduced registration fees. Examples include:

• California: Up to $2,000 Clean Vehicle Rebate (CVRP) + HOV lane sticker
• New York: $2,000 Drive Clean Rebate (income-qualified)
• Colorado: $5,000 state tax credit (phasing out in 2024)
• Massachusetts: $3,500 MOR-EV rebate

Tip: Use the Database of State Incentives for Renewables & Efficiency (DSIRE) website to check available incentives in your state. Some programs have income caps, so act fast if you qualify.

Utility Company Rebates

Many electric utilities offer rebates for EV purchases or home charger installations. For example:

• PG&E (California): $500–$1,000 for EV purchase + $500 for Level 2 charger
• Con Edison (New York): $1,000 for EV + $500 for charger

These rebates are often stackable with federal and state credits, potentially reducing your effective Hyundai new electric car price by $10,000 or more.

Financing, Leasing, and Special Deals: How to Get the Best Price

Beyond incentives, Hyundai and its dealers offer various financing and leasing options to make EVs more affordable. Here’s how to secure the best deal.

Low-Interest Financing

Hyundai Motor Finance (HMF) offers competitive APRs, especially for well-qualified buyers. As of June 2024:

• 0.9% APR for 36 months on Ioniq 5 and Ioniq 6 (limited-time promotion)
• 1.9% APR for 48 months on Kona Electric
• No down payment required for qualified buyers

Example: On a $45,000 Ioniq 6 with 0.9% APR for 36 months, your monthly payment would be approximately $1,270 (excluding tax, title, and fees).

Lease Specials

Leasing is a popular option for EV buyers who want lower monthly payments and the ability to upgrade every 2–3 years. Current lease deals include:

• Ioniq 5 SEL: $399/month for 36 months, $3,999 due at signing (10,000 miles/year)
• Ioniq 6 SEL: $429/month for 36 months, $4,299 due at signing
• Kona Electric SEL: $299/month for 36 months, $2,999 due at signing

Tip: Lease deals often include free maintenance and roadside assistance for the lease term. Always check the mileage allowance—exceeding it can result in hefty fees.

Dealer Incentives and Trade-In Bonuses

Many Hyundai dealers offer:

• Dealer cash ($1,000–$2,000 off)
• Trade-in bonus (extra $500–$1,000 for trading in a gas-powered car)
• Free home charger installation (with purchase of Level 2 charger)

Strategy: Visit multiple dealers and ask for their best offer. Use online tools like Edmunds or TrueCar to compare prices in your area. Don’t be afraid to negotiate—many dealers are willing to match or beat online quotes.

Comparative Analysis: Hyundai vs. Competitors

To truly understand the value of the Hyundai new electric car price, let’s compare it to key competitors in the same segments.

Ioniq 5 vs. Tesla Model Y vs. Ford Mustang Mach-E

Model	Starting MSRP	Range (EPA)	Fast Charging (10–80%)	Warranty
Hyundai Ioniq 5	$41,650	303 miles	18 min	5 years/60,000 miles + 10 years/100,000 miles (powertrain & battery)
Tesla Model Y	$44,990	310 miles	25 min	4 years/50,000 miles + 8 years/120,000 miles (battery)
Ford Mustang Mach-E	$42,995	250 miles	38 min	3 years/36,000 miles + 8 years/100,000 miles (battery)

While the Model Y has a slight range edge, the Ioniq 5 wins on charging speed and warranty. The Mach-E is less efficient and has a shorter battery warranty. The Ioniq 5 also offers more standard features at a lower price.

Ioniq 6 vs. Tesla Model 3 vs. Polestar 2

Model	Starting MSRP	Range (EPA)	Drag Coefficient	Infotainment
Hyundai Ioniq 6	$45,500	361 miles	0.21	Dual 12.3-inch screens, wireless CarPlay
Tesla Model 3	$40,240	272 miles	0.23	15-inch touchscreen, no Android Auto
Polestar 2	$49,900	276 miles	0.28	11.2-inch touchscreen, Google Built-in

The Ioniq 6 delivers the best range and aerodynamics, with a more intuitive infotainment system than the Model 3. It also undercuts the Polestar 2 by over $4,000 while offering more range.

Conclusion: Is a Hyundai Electric Car Worth the Investment?

The Hyundai new electric car price is not just a number—it’s a reflection of innovation, value, and long-term savings. From the affordable Kona Electric to the futuristic Ioniq 7, Hyundai offers a compelling mix of range, technology, safety, and design that rivals—and often exceeds—the competition. With federal and state incentives potentially cutting your cost by $10,000 or more, now is an excellent time to go electric.

Whether you choose to buy or lease, Hyundai’s low-interest financing, generous warranties, and dealer incentives make ownership more accessible than ever. The Ioniq 5 and Ioniq 6, in particular, stand out for their ultra-fast charging, spacious interiors, and premium features at a mid-tier price. And with the Ioniq 7 on the horizon, Hyundai is set to dominate the family EV segment.

Before making a decision, test drive multiple models, compare lease and purchase options, and explore all available incentives. Use online tools to get pre-approved financing and gather dealer quotes. Remember: the best deal isn’t always the lowest sticker price—it’s the one that fits your lifestyle, budget, and long-term goals.

Hyundai isn’t just selling electric cars—it’s building a sustainable future. And with competitive pricing, cutting-edge technology, and a commitment to customer satisfaction, it’s clear that Hyundai is driving the EV revolution forward. So, what are you waiting for? The road to electrification starts with a Hyundai.

Frequently Asked Questions

What is the starting price of the Hyundai new electric car?

The starting price of the Hyundai new electric car varies by model, with the 2024 Hyundai IONIQ 6 beginning around $42,000. Final pricing depends on trim, battery options, and available incentives.

Are there any deals or discounts on the Hyundai new electric car price?

Yes, Hyundai frequently offers special financing, lease deals, and federal/state tax credits that can lower the effective Hyundai new electric car price. Check local dealerships for limited-time promotions.

How does the Hyundai new electric car price compare to rivals like Tesla?

The Hyundai new electric car lineup (IONIQ 5, IONIQ 6) is competitively priced, often undercutting Tesla models with similar range and tech. It also includes more standard features for the price.

Does the Hyundai new electric car price include charging incentives?

Some trims include complimentary charging credits (e.g., 30 minutes of free charging at Electrify America stations). Always confirm with your dealer if this applies to your purchase.

Are there regional price differences for Hyundai’s electric cars?

Yes, the Hyundai new electric car price can vary by state due to local taxes, fees, and eligibility for regional rebates (e.g., California Clean Vehicle Rebate).

Will the Hyundai new electric car price drop after tax credits?

Buyers may qualify for up to $7,500 in federal tax credits, effectively reducing the price. State-specific credits can further lower the final cost—consult a tax advisor for details.