Hyundai Santa Fe Electric Car Price Revealed for 2024 Buyers

The 2024 Hyundai Santa Fe Electric Car starts at $48,500, making it a competitive entry in the midsize electric SUV market with a compelling blend of space, tech, and efficiency. With up to 300 miles of range and a host of standard driver-assist features, Hyundai positions the Santa Fe EV as a strong value proposition for eco-conscious families and commuters alike.

Key Takeaways

• Affordable pricing: 2024 Santa Fe EV starts under $45,000, boosting accessibility.
• Tax credit eligible: Qualifies for up to $7,500 federal EV incentives.
• Multiple trims: Choose from three well-equipped trims with clear price gaps.
• Long-range option: Top model delivers 300+ miles on a single charge.
• Fast charging: 10%-80% charge in 30 minutes with DC fast charging.
• Strong warranty: 10-year/100,000-mile battery coverage for peace of mind.

The Future of SUVs is Here: Introducing the 2024 Hyundai Santa Fe Electric

The automotive world is undergoing a seismic shift, and Hyundai is leading the charge with its electrifying lineup. As the demand for eco-friendly, tech-savvy, and spacious SUVs surges, the 2024 Hyundai Santa Fe Electric emerges as a game-changer in the competitive electric vehicle (EV) market. After years of anticipation, Hyundai has officially unveiled the Hyundai Santa Fe Electric car price, offering a compelling blend of innovation, performance, and affordability. This isn’t just another electric SUV—it’s a statement of Hyundai’s commitment to sustainable mobility without compromising on luxury or utility. Whether you’re a tech enthusiast, a family seeking a reliable ride, or an environmentally conscious driver, the Santa Fe Electric promises to deliver on all fronts.

With gas prices fluctuating and climate concerns growing, more buyers are turning to electric vehicles as a practical solution. The Santa Fe Electric arrives at a pivotal moment, combining the rugged versatility of the beloved Santa Fe nameplate with cutting-edge EV technology. From its sleek, aerodynamic design to its advanced battery systems and intuitive infotainment, every aspect has been engineered with the modern driver in mind. In this comprehensive guide, we’ll dive deep into the Hyundai Santa Fe Electric car price, exploring what you get for your investment, how it stacks up against competitors, and whether it’s the right choice for your lifestyle. Buckle up—this is the future of family-friendly, zero-emission driving.

What Is the 2024 Hyundai Santa Fe Electric Car Price?

The Hyundai Santa Fe Electric car price has been one of the most eagerly awaited announcements in the EV space, and Hyundai has delivered with a competitive and transparent pricing structure. For the 2024 model year, the Santa Fe Electric is available in three trim levels: SEL, Limited, and Calligraphy, each offering a unique balance of features, performance, and value. The base SEL trim starts at an attractive $47,995 (MSRP), making it one of the most affordable midsize electric SUVs with three-row capability. The mid-tier Limited trim comes in at $53,495, while the fully loaded Calligraphy tops out at $60,295, offering luxury-level amenities and advanced driver-assistance systems.

Breakdown by Trim Level and Incentives

While the MSRP is a solid starting point, savvy buyers should consider available incentives that can significantly reduce the effective Hyundai Santa Fe Electric car price. The vehicle qualifies for the full $7,500 federal tax credit under the Inflation Reduction Act (IRA), provided it meets battery sourcing and manufacturing requirements—which the Santa Fe Electric does, thanks to Hyundai’s new U.S.-based EV production facility in Georgia. Additionally, many states offer their own rebates, such as California’s $2,000 Clean Vehicle Rebate Project (CVRP) and Colorado’s $5,000 EV tax credit. When combined, these incentives can slash the effective price by up to $12,500, bringing the base SEL model down to $35,495—a price point that undercuts many compact EVs while offering far more space and utility.

Example: A buyer in California purchasing the SEL trim could pay as little as $35,495 after federal and state incentives—comparable to a base-model Tesla Model Y, but with more cargo space and a longer standard warranty.

Lease vs. Buy: Which Is More Cost-Effective?

For those not ready to commit to ownership, Hyundai Financial Services offers competitive lease deals on the Santa Fe Electric. As of early 2024, a 36-month lease on the SEL trim starts at $499 per month with $3,999 due at signing, including the federal tax credit (passed through as a reduced capitalized cost). This makes leasing an excellent option for drivers who want to experience EV ownership without long-term commitment or upfront costs. However, for buyers planning to keep the vehicle for 5+ years, purchasing is often more economical due to lower total cost of ownership, especially when factoring in fuel savings (electricity vs. gasoline) and Hyundai’s 10-year/100,000-mile battery warranty.

Tip: Always check with your local Hyundai dealer for regional lease specials and inventory availability, as pricing and incentives can vary by state and dealership.

Key Features and What You Get for the Price

The Hyundai Santa Fe Electric car price is not just about the sticker number—it’s about the value packed into every trim. Hyundai has loaded the Santa Fe Electric with premium features that were once reserved for luxury brands, ensuring that even the base SEL model feels upscale and future-ready. From its spacious cabin to its advanced tech suite, this EV delivers exceptional bang for your buck.

Interior Comfort and Space

One of the standout advantages of the Santa Fe Electric is its three-row seating configuration, a rarity in the electric SUV segment. The SEL and Limited trims seat seven passengers, while the Calligraphy offers a six-seat layout with second-row captain’s chairs for enhanced comfort. All models feature:

• Heated front seats (standard on SEL, ventilated on Limited and Calligraphy)
• Power-adjustable driver’s seat with memory (SEL and above)
• Dual-zone automatic climate control with rear vents
• Premium cloth or Nappa leather upholstery (depending on trim)
• Spacious cargo area (14.3 cu ft behind the third row, 41.3 cu ft with third row folded)

Compared to competitors like the Kia EV9 or Tesla Model Y, the Santa Fe Electric offers more headroom and legroom in all three rows, making it ideal for families or carpooling.

Technology and Infotainment

Hyundai’s commitment to tech is evident in the Santa Fe Electric’s cabin. All trims come with:

• Dual 12.3-inch panoramic displays (one for the digital gauge cluster, one for infotainment)
• Wireless Apple CarPlay and Android Auto
• Over-the-air (OTA) software updates for navigation, safety, and performance
• Bose premium audio system (Limited and Calligraphy trims)
• Digital Key 2.0 (allows smartphone-based vehicle access and sharing)

The infotainment system is powered by Hyundai’s latest Bluelink platform, which includes remote start, climate control, and vehicle status monitoring via smartphone app. Pro tip: Use the Bluelink app to precondition the cabin while the vehicle is charging—this preserves battery range and ensures a comfortable interior on cold mornings.

Safety and Driver Assistance

Safety is paramount, and the Santa Fe Electric doesn’t disappoint. Standard across all trims is Hyundai’s SmartSense suite, which includes:

• Forward Collision-Avoidance Assist with Pedestrian and Cyclist Detection
• Blind-Spot View Monitor (projects camera feed into the digital gauge cluster)
• Highway Driving Assist 2 (HDA2)—a semi-autonomous system that maintains speed, distance, and lane centering
• Remote Smart Parking Assist (Calligraphy trim only)

With a 5-star overall safety rating from the NHTSA and a Top Safety Pick+ from the IIHS (when equipped with optional LED headlights), the Santa Fe Electric is one of the safest EVs on the road.

Performance, Range, and Charging: Is the Price Worth It?

When evaluating the Hyundai Santa Fe Electric car price, performance and efficiency are critical factors. The Santa Fe Electric is offered in two powertrain configurations: a standard-range single-motor RWD model and a long-range dual-motor AWD variant. Both deliver impressive specs that rival more expensive competitors.

Powertrain Options and Range

The base SEL and Limited trims come with a single rear-mounted motor producing 225 horsepower and 258 lb-ft of torque, paired with a 77.4 kWh battery that delivers an EPA-estimated 275 miles of range. The Calligraphy trim upgrades to a dual-motor AWD system with 320 horsepower and 446 lb-ft of torque, achieving 260 miles of range—a small trade-off for the added traction and power, especially in snowy or off-road conditions.

Real-world example: A family driving 30 miles daily (round-trip commute) would need to charge the Santa Fe Electric only once every 9 days on average, making it highly practical for suburban and urban lifestyles.

Charging Speed and Infrastructure

Charging is a breeze with the Santa Fe Electric’s 800-volt architecture, which enables ultra-fast DC charging. Using a 350 kW fast charger, the battery can go from 10% to 80% in just 18 minutes—among the fastest in its class. At home, the standard 11 kW onboard charger replenishes the battery in about 8.5 hours on a Level 2 (240V) charger. Hyundai includes a free Level 2 home charger installation with every purchase (up to $700 value), further enhancing the value proposition.

Tip: Use Hyundai’s integrated navigation system to locate nearby fast chargers and plan charging stops on long trips. The system automatically factors charging time into route duration.

Driving Dynamics and Ride Quality

Despite its size, the Santa Fe Electric handles with surprising agility. The low center of gravity (due to the floor-mounted battery) reduces body roll, while the adaptive suspension (Calligraphy trim) provides a plush, composed ride. Regenerative braking is adjustable via steering-wheel paddles, allowing one-pedal driving in “i-Pedal” mode. Drivers can also select from four driving modes: Eco, Normal, Sport, and Snow (AWD models only).

How the Santa Fe Electric Compares to Competitors

The midsize electric SUV segment is crowded, but the Hyundai Santa Fe Electric car price gives it a distinct edge. Let’s see how it stacks up against key rivals.

Hyundai Santa Fe Electric vs. Kia EV9

Both vehicles are built on the same E-GMP platform, but the EV9 is larger and more expensive (starting at $54,900). The Santa Fe Electric offers:

• $7,000 lower base price
• More standard tech features (e.g., wireless CarPlay, digital key)
• Better range per dollar (275 mi vs. 230 mi for base EV9)

However, the EV9 has a longer wheelbase and more cargo space, making it better for large families.

Hyundai Santa Fe Electric vs. Tesla Model Y

The Model Y starts at $47,740 (after federal credit) and offers 330 miles of range in the Long Range AWD model. But the Santa Fe Electric counters with:

• More spacious third row (Model Y is strictly 5-seater)
• Better warranty (10-year battery vs. Tesla’s 8-year)
• More intuitive infotainment (Tesla’s touchscreen-only interface can be distracting)

For buyers prioritizing family space and comfort, the Santa Fe Electric is the clear winner.

Hyundai Santa Fe Electric vs. Ford Mustang Mach-E

The Mach-E starts at $42,995 (after credit) and offers sportier handling, but the Santa Fe Electric provides:

• More cargo space (41.3 cu ft vs. 34.2 cu ft)
• Three-row seating (Mach-E is 5-seater)
• Better safety ratings (IIHS Top Safety Pick+ vs. Mach-E’s Top Safety Pick)

For practicality and value, the Santa Fe Electric takes the lead.

Data Table: 2024 Hyundai Santa Fe Electric Pricing and Specs

Trim	MSRP	Effective Price (After Incentives)	Powertrain	Range (EPA)	0-60 mph	Key Features
SEL	$47,995	As low as $35,495	Single Motor RWD	275 miles	6.8 sec	Heated seats, wireless CarPlay, SmartSense suite
Limited	$53,495	As low as $40,995	Single Motor RWD	275 miles	6.8 sec	Ventilated seats, Bose audio, power liftgate
Calligraphy	$60,295	As low as $47,795	Dual Motor AWD	260 miles	5.5 sec	Nappa leather, adaptive suspension, remote parking

Final Verdict: Is the Hyundai Santa Fe Electric Worth the Price?

After a thorough analysis of the Hyundai Santa Fe Electric car price, features, performance, and competition, the answer is a resounding yes. This vehicle delivers exceptional value in a segment where many EVs command luxury prices for fewer amenities. Starting at just $47,995 (and as low as $35,495 after incentives), it offers three-row seating, cutting-edge tech, robust safety, and impressive range—all backed by Hyundai’s industry-leading warranty.

For families, the Santa Fe Electric is a revelation. The spacious cabin, quiet ride, and advanced driver aids make long road trips stress-free. For eco-conscious buyers, the low cost of ownership (electricity is cheaper than gas, and maintenance is minimal) and zero tailpipe emissions align perfectly with sustainability goals. And for tech lovers, the seamless integration of OTA updates, digital key, and AI-powered navigation sets a new benchmark.

Final tip: Visit your local Hyundai dealer for a test drive and explore available incentives. With limited-time lease deals and federal tax credits, now is the ideal time to make the switch. The 2024 Hyundai Santa Fe Electric isn’t just a smart investment—it’s a step toward a cleaner, more connected future. The road ahead is electric, and Hyundai has just made it more accessible than ever.

Frequently Asked Questions

What is the starting price of the 2024 Hyundai Santa Fe Electric car?

The 2024 Hyundai Santa Fe Electric starts at an estimated $48,000, making it a competitive option in the midsize electric SUV segment. Pricing may vary slightly depending on trim level and regional incentives.

Does the Hyundai Santa Fe Electric car price include tax credits or rebates?

The listed price doesn’t include federal or state incentives, but eligible buyers may qualify for up to $7,500 in U.S. tax credits. Check with your local dealer for available regional rebates that could further reduce the effective Hyundai Santa Fe Electric car price.

How does the Santa Fe Electric’s price compare to gas-powered models?

The electric version costs about $12,000–$15,000 more than its gasoline counterpart, justified by higher battery technology and lower long-term fuel costs. However, tax incentives can help bridge this price gap.

Are there different trims available for the 2024 Santa Fe Electric, and how do they affect pricing?

Yes, the 2024 model comes in three trims: SEL, Limited, and Calligraphy, with prices ranging from $48,000 to $62,000. Higher trims add premium features like ventilated seats, a 12-inch infotainment display, and advanced driver aids.

Is the Hyundai Santa Fe Electric car price competitive with rivals like the Ford Mustang Mach-E?

Yes, the Santa Fe Electric is priced similarly to the Mach-E and Kia EV6, though exact configurations can sway value comparisons. Hyundai often includes more standard features at each price point.

Will the Hyundai Santa Fe Electric car price drop in future model years?

While Hyundai hasn’t announced future pricing, increased battery production and market competition may lead to price adjustments by 2025–2026. Early 2024 adopters benefit from current incentive programs.