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Electric vehicles can be pretty pricey. Affordable EVs are noteworthy when they have decent driving range. Hyundai Motor Company produces several affordable, competitive electric vehicles. The cheapest Hyundai EV isn’t a sedan; it’s an SUV.

What is the cheapest Hyundai electric vehicle?

A blue 2023 Hyundai Kona Electric is parked.
The 2023 Hyundai Kona Electric | Hyundai

South Korean automaker Hyundai Motor Company is on an incredible run. It’s having great success producing competitive electric vehicle nameplates like the Hyundai Ioniq 5 and Ioniq 6. The Hyundai Ioniq 6 is its latest affordable electric sedan, but the brand is working on an even more affordable electric vehicle.

The Hyundai Kona Electric is Hyundai’s most affordable EV. It starts at $33,550. The Ioniq 6 starts at $41,600. That’s a price difference of $8,050.

Hyundai’s subcompact electric SUV is incredibly affordable. The question is, does the EV provide adequate value for the money?

Is the Hyundai Kona Electric a good SUV?

A gray 2023 Hyundai Electric subcompact electric SUV.
The 2023 Hyundai Kona Electric | Hyundai

The 2023 Hyundai Kona Electric makes 201 horsepower. It can travel an estimated 258 miles, which is excellent for its size. Hyundai’s Kona nameplate is one of the best in its segment. The electric version shares many of the winning traits of the popular internal combustion engine version.

The Kona Electric has great standard features like heated front seats, wireless Android Auto/AppleCarPlay, and a tire pressure monitoring system. It also includes standard keyless entry, regenerative braking, and driver attention warning.

Hyundai’s Kona Electric comes in three configurations: SE, SEL, and Limited. Every configuration has the same standard powertrain system and driving range. The 2023 Hyundai Kona Electric Limited starts at $41,550. Standard equipment includes leather-trimmed seats, a heated steering wheel, and smart cruise control with stop-and-go.

What is the best subcompact electric SUV?

The front of a gray Hyundai Kona Electric.
The 2023 Hyundai Kona Electric | Hyundai

The Chevrolet Bolt EUV is the most affordable subcompact electric SUV. It starts at just $27,800. The Premier final configuration starts at $32,300.

Chevy’s subcompact electric SUV makes 200 horsepower. Chevrolet claims that the EV has 247 miles of driving range. The Chevy Bolt EUV provides incredible value for the money, but it shares a platform with one of the most problematic electric vehicles of all time: the Bolt EV.

The Chevrolet Bolt EV is an electric hatchback that was recalled because of a battery fire risk. The Bolt EUV was recalled as well. General Motors has since rolled out new versions of the Bolt EV and EUV, but both nameplates will be discontinued. It seems that even the most attractive pricing the brand could offer isn’t enough to salvage the reputations of the Bolt EV and Bolt EUV.

Aside from the Chevy Bolt EUV, the Kona Electric and Kia Niro EV are the best subcompact electric SUVs for the money, respectively. The upcoming discontinuation of the Bolt EUV makes the Kona Electric more relevant than ever before. The Hyundai Kona and Kona Electric are getting completely redesigned for 2024. The subcompact SUVs will be larger and have more futuristic exteriors. Hyundai’s subcompact electric SUV is positioned to compete at the top of its segment for years to come.


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