Fleet News

Prices cut for electric Hyundai Kona and Ioniq

Hyundai Kona Electric

Hyundai has reduced the prices for certain Kona Electric and Ioniq Electric, to ensure they are eligible for the plug-in car grant.

The Kona Electric 64kWh Premium now costs £34,995 and offers the longest range (300 miles) of any grant-eligible model.

Kona Electric 39KWh prices have also been reduced with the SE Connect now costing £30,395 and Premium at £31,745.

The range topping Kona Electric Premium SE is the only electric Hyundai model not to be eligible for the grant, with a price of £37,145.

Hyundai launched a new version of the Kona earlier this year.

The Ioniq Electric range sees prices cut for the Premium model to £32,995 and the Premium SE to £34,995.

Previously electric cars up to £50,000 were eligible for a £3,000 grant, but the changes reduce those figures to £35,000 and £2,500 respectively.

Ashley Andrew, managing director of Hyundai Motor UK said “When it comes to electric vehicles, cost is a big consideration so it was important for us, in light of the changes to the PICG, to provide our customers with some additional savings, which we hope will help to maintain demand for zero emission vehicles.

“Ioniq Electric and Kona Electric are currently among the most popular zero emissions vehicles on sale today, and by maintaining the choice and the value available, Hyundai will remain on track to be one of the largest suppliers of electric vehicles in the country.”

Other manufacturers including BMW, Citroen, Nissan, Peugeot and Vauxhall have also cut prices of electric models in order to retain grant eligibility.

Click here for electric cars and hybrids best practice and procurement insight

Leave a comment for your chance to win £20 of John Lewis vouchers.

Every issue of Fleet News the editor picks his favourite comment from the past two weeks – get involved for your chance to appear in print and win!

Login to comment


No comments have been made yet.

Related content

Compare costs of your company cars

Looking to acquire new vehicles? Check how much they'll cost to run with our Car Running Cost calculator.

What is your BIK car tax liability?

The Fleet News car tax calculator lets you work out tax costs for both employer and employee