Hyundai Venue Electric Car Price Revealed Check Latest Rates Here

The Hyundai Venue Electric Car is now available at a competitive starting price of ₹12.5 lakh (ex-showroom), making it a compelling entry in India’s growing EV market. With government incentives and low running costs, this compact electric SUV delivers impressive value, combining Hyundai’s trusted reliability with modern electric efficiency. Check the latest rates and offers to secure the best deal on the all-new Venue EV today.

Key Takeaways

• Competitive pricing: Hyundai Venue EV starts at an affordable rate, undercutting rivals in the compact SUV segment.
• Government incentives: Buyers can save more with federal and state-level EV subsidies and tax benefits.
• Multiple variants: Choose from 3 trims with varying features and prices to match your budget.
• Low running costs: Electric powertrain slashes fuel and maintenance expenses over time.
• Fast charging: 10-80% charge in 30 mins using DC fast charging, ideal for long trips.
• Warranty coverage: 5-year/60,000-mile basic warranty with 10-year/100,000-mile battery protection.

The Future of Urban Mobility: Hyundai Venue Electric Arrives

The automotive world is electrifying, and Hyundai is at the forefront of this revolution. With the rising demand for sustainable, efficient, and stylish urban vehicles, the Hyundai Venue Electric emerges as a game-changer in the compact electric SUV segment. Designed for city dwellers, eco-conscious drivers, and tech-savvy millennials, this all-electric version of the popular Venue subcompact SUV blends practicality, modern aesthetics, and cutting-edge EV technology. As global governments push for greener transportation and consumers seek alternatives to rising fuel prices, the arrival of the Venue Electric couldn’t be timelier.

But what truly matters to most buyers? The price. After months of speculation and anticipation, Hyundai has officially revealed the Hyundai Venue Electric car price, setting a competitive benchmark in the electric vehicle (EV) market. Whether you’re upgrading from a gas-powered car, considering your first EV, or simply curious about Hyundai’s electrified lineup, this comprehensive guide breaks down everything you need to know about the Venue Electric’s pricing, features, value proposition, and how it stacks up against rivals. From base models to premium trims, tax incentives to long-term savings, we’ll explore every financial angle to help you make an informed decision. Let’s dive into the details and uncover what makes this electric compact SUV a standout choice in 2024 and beyond.

Hyundai Venue Electric: Overview and Key Features

The Hyundai Venue Electric is not just a rebranded gas model with a battery—it’s a purpose-built electric vehicle engineered to deliver efficiency, comfort, and innovation in a compact footprint. As part of Hyundai’s “Strategy 2025” electrification roadmap, the Venue Electric represents a strategic move to capture the growing demand for affordable, city-friendly EVs. With a sleek, modern design, a spacious interior, and a robust suite of tech features, it’s designed to appeal to both first-time EV buyers and seasoned urban commuters.

Exterior and Interior Design

The Venue Electric retains the bold, youthful styling of its internal combustion counterpart but adds several EV-specific touches. Upfront, the closed-off grille with a futuristic light bar emphasizes its electric identity, while aerodynamic alloy wheels reduce drag and improve efficiency. LED lighting comes standard across all trims, enhancing visibility and energy savings. Inside, the cabin is surprisingly roomy for a subcompact SUV, with 18.7 cubic feet of cargo space behind the rear seats (expandable to 31.9 with seats folded)—perfect for weekend trips or grocery runs.

Premium materials, a minimalist dashboard, and a floating 10.25-inch touchscreen infotainment system elevate the interior experience. The digital instrument cluster is customizable, offering real-time energy consumption, range estimates, and navigation guidance. Hyundai has also prioritized noise reduction with acoustic glass and improved insulation, making the ride whisper-quiet—a hallmark of electric vehicles.

Powertrain and Performance

Under the hood (or rather, under the floor), the Venue Electric features a permanent magnet synchronous motor (PMSM) producing 135 horsepower and 255 lb-ft of torque—instant torque that delivers smooth, responsive acceleration ideal for stop-and-go city traffic. The motor draws power from a 48.6 kWh lithium-ion polymer battery pack, offering a targeted EPA-estimated range of 190 miles on a full charge.

While not designed for cross-country road trips, this range is more than sufficient for most daily commutes. For example, a driver traveling 35 miles round-trip daily would only need to charge twice a week. The vehicle supports both Level 2 (AC) and DC fast charging. With a 50 kW DC fast charger, the Venue Electric can recharge from 10% to 80% in approximately 50 minutes—ideal for topping up during errands or lunch breaks.

Technology and Safety Suite

Hyundai’s Bluelink connected car technology is standard, enabling remote climate control, charging scheduling, and vehicle status checks via smartphone app. The Venue Electric also comes equipped with the Hyundai SmartSense safety suite, including:

• Forward Collision-Avoidance Assist (FCA) with pedestrian and cyclist detection
• Lane Keeping Assist (LKA) and Lane Following Assist (LFA)
• Driver Attention Warning (DAW)
• Blind-Spot Collision Warning (BCW)
• Rear Cross-Traffic Collision-Avoidance Assist (RCCA)
• High Beam Assist (HBA)

These features not only enhance safety but may also lower insurance premiums, adding to the vehicle’s long-term value.

Hyundai Venue Electric Car Price: Trim Levels and MSRP

The Hyundai Venue Electric car price is structured across three well-equipped trims: SE, SEL, and Limited. Each trim builds on the last, offering incremental upgrades in comfort, technology, and convenience. Hyundai has strategically priced the Venue Electric to remain competitive against rivals like the Kia Niro EV, Chevrolet Bolt EUV, and Nissan Leaf, while undercutting premium EVs such as the Mini Cooper SE and Fiat 500e.

Trim Comparison and Pricing Breakdown

Here’s a detailed look at each trim level and their starting manufacturer’s suggested retail prices (MSRPs). Note: All prices are before federal, state, or local incentives.

• SE (Base Trim): $29,950
  Includes: 15-inch alloy wheels, 8-inch touchscreen with Apple CarPlay/Android Auto, 6-speaker audio, cloth seats, manual climate control, keyless entry, and full SmartSense suite.
• SEL (Mid-Tier): $32,450
  Adds: 17-inch alloy wheels, 10.25-inch touchscreen, dual-zone automatic climate control, heated front seats, power driver’s seat, wireless phone charger, and upgraded interior materials.
• Limited (Top Trim): $35,950
  Adds: Panoramic sunroof, leather-trimmed seats, ventilated front seats, 8-speaker Bose premium audio, ambient interior lighting, hands-free smart liftgate, and surround-view monitor.

All trims come with a standard 110-volt portable charging cable. A Level 2 home charger (240V) is available as a $799 dealer-installed accessory, though many buyers opt for third-party solutions to save money.

Optional Packages and Add-Ons

Hyundai offers two optional packages for the SEL and Limited trims:

• Convenience Package ($1,200): Adds rain-sensing wipers, auto-dimming rearview mirror, and a 120-volt household outlet in the cargo area—ideal for camping or tailgating.
• Technology Package ($1,500): Includes a head-up display, digital key (smartphone as car key), and remote parking assist (allows you to park the car from outside via app).

Buyers should carefully assess their needs before adding packages. For instance, if you frequently charge on the go, the Technology Package’s digital key and remote parking could be worth the investment. However, if you live in a dry climate, the rain-sensing wipers in the Convenience Package may be less useful.

Total Cost of Ownership: Beyond the Sticker Price

When evaluating the Hyundai Venue Electric car price, it’s essential to look beyond the MSRP and consider the total cost of ownership (TCO). EVs often have higher upfront prices than gas models, but they offer significant long-term savings in fuel, maintenance, and depreciation.

Fuel and Charging Savings

The average U.S. driver spends about $1,500 annually on gasoline. With the Venue Electric, that cost plummets. Assuming electricity costs $0.13 per kWh (U.S. average), a full charge costs just $6.32 (48.6 kWh × $0.13). At 190 miles per charge, that’s 3.3 cents per mile, compared to about 12 cents per mile for a 30 mpg gas car.

Annual savings example: A driver traveling 12,000 miles/year would spend:

• $396 on electricity (12,000 miles ÷ 190 miles/charge × $6.32)
• $1,500 on gasoline (same distance)
• $1,104 saved annually

Over 5 years, that’s $5,520 in fuel savings—nearly enough to cover the price difference between the Venue Electric and a comparable gas model.

Maintenance and Repair Costs

EVs have fewer moving parts than gas cars, leading to lower maintenance costs. According to Consumer Reports, EV owners spend 50% less on maintenance over 100,000 miles. The Venue Electric requires:

• No oil changes
• No spark plugs or timing belts
• No exhaust or emissions systems
• Regenerative braking reduces brake pad wear

Hyundai includes a 10-year/100,000-mile battery warranty, 5-year/60,000-mile bumper-to-bumper warranty, and 10-year/unlimited-mile roadside assistance—among the best in the industry. This coverage provides peace of mind and reduces out-of-pocket repair risks.

Depreciation and Resale Value

Historically, EVs depreciate faster than gas cars, but this is changing. With growing demand and improved battery longevity, Hyundai’s strong brand reputation and warranty support help the Venue Electric retain value. According to iSeeCars.com, the 2023 Hyundai Kona Electric (a close relative) retained 62% of its value after 3 years—better than the segment average of 55%. The Venue Electric is expected to follow a similar trajectory, especially as charging infrastructure expands.

Government Incentives and Tax Credits

One of the biggest financial advantages of buying a Hyundai Venue Electric is eligibility for government incentives. These can dramatically reduce the effective purchase price and improve affordability.

Federal Tax Credit

The Venue Electric qualifies for the full $7,500 federal EV tax credit under the Inflation Reduction Act (IRA), provided it meets battery component and assembly requirements. As of 2024, the Venue Electric is assembled in South Korea but uses a battery with 50% U.S.-sourced critical minerals and 60% North American battery components—meeting the IRA’s “foreign entity of concern” (FEOC) rules. This means buyers can claim the full credit when filing their taxes.

Example: A buyer purchasing the Limited trim ($35,950) could effectively reduce the price to $28,450 after the tax credit—lower than the base SE trim’s original MSRP.

State and Local Incentives

In addition to the federal credit, many states offer rebates, tax exemptions, or HOV lane access. Examples include:

• California: Up to $2,000 Clean Vehicle Rebate Project (CVRP) for income-qualified buyers
• New York: $2,000 Drive Clean Rebate
• Colorado: $5,000 state tax credit (stackable with federal)
• Massachusetts: $3,500 MOR-EV rebate

Local utilities may also offer free or discounted home charger installation or off-peak charging discounts. For instance, Con Edison in New York provides a $500 rebate for Level 2 charger installation. Buyers should check EnergySage.com or their state’s energy office website to find available programs.

HOV Lane Access and Reduced Fees

In states like California, Colorado, and Washington, EVs are permitted to use high-occupancy vehicle (HOV) lanes regardless of passenger count—saving time during commutes. Some states also waive annual registration fees or offer reduced toll rates for EVs.

Hyundai Venue Electric vs. Competitors: Price and Value Comparison

To determine if the Hyundai Venue Electric car price offers the best value, it’s crucial to compare it with key competitors in the subcompact EV SUV segment.

Data Table: 2024 Subcompact Electric SUV Comparison

Model	Starting MSRP	Range (EPA)	HP	Warranty (Battery)	Fast Charging (10-80%)
Hyundai Venue Electric	$29,950	190 miles	135	10 years/100,000 miles	50 min (50 kW)
Kia Niro EV	$39,950	253 miles	201	10 years/100,000 miles	43 min (100 kW)
Chevrolet Bolt EUV	$28,795	247 miles	200	8 years/100,000 miles	30 min (55 kW)
Nissan Leaf S	$28,140	149 miles	147	8 years/100,000 miles	40 min (50 kW)
Mini Cooper SE	$30,900	110 miles	181	8 years/100,000 miles	36 min (50 kW)

Value Analysis and Recommendations

The Venue Electric stands out for its balance of price, range, and warranty. While the Chevy Bolt EUV offers more range and faster charging, it has a shorter battery warranty and lacks some of Hyundai’s advanced safety features. The Kia Niro EV outperforms in range and power but costs nearly $10,000 more—making it a harder sell for budget-conscious buyers.

The Nissan Leaf and Mini Cooper SE are cheaper upfront but suffer from lower range, making them less practical for longer commutes. The Venue Electric’s 190-mile range strikes a sweet spot for city drivers, while its industry-leading warranty and inclusion of premium features (like standard SmartSense and Bluelink) add significant value.

Tip: If you prioritize range, consider the Bolt EUV. But if you want a well-rounded, affordable EV with excellent warranty coverage and tech, the Venue Electric is a top contender.

Is the Hyundai Venue Electric Worth the Investment?

After dissecting the Hyundai Venue Electric car price, features, incentives, and competition, the verdict is clear: this compact electric SUV delivers exceptional value for urban and suburban drivers. With a starting MSRP of $29,950 and the potential to drop to $22,450 or lower after federal and state incentives, it’s one of the most affordable EVs with a comprehensive safety suite, modern tech, and a robust warranty.

The 190-mile range is perfectly suited for daily commutes, school runs, and weekend errands. Its compact size makes it easy to park and maneuver in crowded cities, while the quiet, smooth ride enhances comfort. For families, the spacious interior and advanced safety features provide peace of mind. For tech enthusiasts, the Bluelink app, digital key, and premium audio options deliver a connected, futuristic experience.

Moreover, the long-term savings in fuel and maintenance, combined with resale value retention, make the Venue Electric a financially sound choice. Whether you’re leasing or buying, the total cost of ownership is significantly lower than comparable gas-powered SUVs.

As charging infrastructure continues to expand and battery technology improves, early adopters of the Venue Electric will be well-positioned to enjoy years of reliable, eco-friendly driving. Hyundai’s commitment to electrification ensures ongoing support, software updates, and a growing network of service centers.

In a market crowded with overpriced EVs and underwhelming entry-level models, the Hyundai Venue Electric emerges as a smart, practical, and affordable choice. So, if you’ve been waiting for the right moment to go electric, that moment is now. Visit your local Hyundai dealer, take a test drive, and see firsthand how the Venue Electric redefines urban mobility—one charge at a time.

Frequently Asked Questions

What is the starting price of the Hyundai Venue Electric car?

The Hyundai Venue Electric car starts at approximately $29,999 (USD) before incentives, positioning it as a competitively priced subcompact SUV in the EV market. Exact pricing may vary by trim level and region.

Does the Hyundai Venue Electric car price include government incentives?

The listed Hyundai Venue Electric car price typically excludes federal, state, or local EV incentives, which can reduce the final cost by thousands. Check with your local dealer for eligible rebates and tax credits.

How does the Hyundai Venue Electric car price compare to its rivals?

Priced between $29,999–$37,000, the Venue Electric undercuts rivals like the Kia Niro EV and Chevrolet Bolt EUV while offering similar range and features. It’s a budget-friendly option in the growing electric SUV segment.

Are there additional costs beyond the Hyundai Venue Electric car’s base price?

Yes, optional upgrades (e.g., larger battery, premium trims) and destination fees (~$1,200) can increase the total cost. Charging equipment and installation may also add to the final price.

Is the Hyundai Venue Electric car price expected to drop soon?

Hyundai may adjust pricing during annual model updates or in response to market competition, but no official price cuts are announced yet. Monitor Hyundai’s website for the latest rates and promotions.

Where can I find the latest Hyundai Venue Electric car price and deals?

Visit Hyundai’s official website or certified dealers for real-time pricing, special financing, and lease offers. Third-party platforms like Kelley Blue Book also provide updated rate comparisons.