It might not be available everywhere for a while, but locations that receive the 2019 Hyundai Kona Electric will find it's not too expensive.
Hyundai announced Friday that the will go on sale in select locations with a starting price of $36,450 before destination. Factoring in both destination and the $7,500 federal tax incentive, the price drops to $29,995.
It's important to note that the incentive is a dollar-for-dollar reduction of a person's tax liability, not a point-of-sale discount, and not everyone will have paid $7,500 in federal tax in a given year, so not every buyer will realize the aforementioned effective price.
The Kona comes with a 201-horsepower, 290-pound-foot electric motor that offers an EPA-estimated 258 miles of range with its 64-kWh battery. The base SE trim comes with a whole load of standard kit, including heated front seats, a 7-inch touchscreen infotainment system and nearly every safety system under the sun. Higher trims add more features, like leather seats, a power driver's seat, a head-up display and an 8-inch touchscreen, but Hyundai has not yet announced pricing for those trims.
Let's quickly compare that with the. Its electric motor is a bit less powerful at 200 hp and 266 lb-ft, and its range is a smidge lower at 238 miles. The Bolt EV is also more expensive to start, at $37,495 before destination. All trims of Bolt EV have a 10.2-inch touchscreen, but you have to buy into the $41,780 Premier trim to get heated seats and basic safety systems -- a proper safety suite is a paid option on top of that price.
It may take some time for all 50 states to get the Kona Electric, though. To start,to ZEV states (states with zero-emission-vehicle requirements), because high demand will keep its Korean-based supply on the low side. Over time, Hyundai hopes to expand the car's availability to non-ZEV states, but there's no estimate for how long that'll take.
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