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2024 Hyundai Kona Electric Gets Lower Base Price, Less Powerful Base Trim Level

Back in December 2023, GM Authority reported that the second-generation 2024 Hyundai Kona would serve as a rival to the Chevy Trax and Chevy Trailblazer in the saturated subcompact crossover segment. In the same vein, the 2024 Hyundai Kona Electric will compete with the Chevy Bolt EV and Chevy Bolt EUV upon release. Now, the Korean-based automaker has announced pricing details of the all-electric Kona variant.

According to Hyundai, the base SE trim level of the 2024 Kona Electric will boast a starting MSRP of $34,010 – which includes a $1,335 freight and delivery charge. Output is rated at 133 horsepower and 188 pound-feet of torque, while the SE’s 48.6 kWh battery pack provides a projected 197-mile range from a full charge.

Side profile of 2024 Hyundai Kona Electric.

However, that is only the base model. Upgrading to the SEL or Limited trim means that the buyer is getting 201 horsepower and 188 pound-feet of torque with a 64.8 kWh battery. Meanwhile, range is upped to an EPA-certified 261 miles on a full charge.

This is interesting considering that the first-generation Kona Electric model featured just a single powertrain rated at 201 horsepower and 291 pound-feet of torque. Furthermore, the starting price of the Kona Electric SE makes the all-electric crossover more expensive than the outgoing Chevy Bolt EV and Bolt EUV, yet undercuts the Chevy Equinox EV‘s projected starting MSRP of $34,995.

Pricing Comparisons
Starting Price U.S. EV Tax Credit Driving Range (Miles)
2023 Chevy Bolt EV $27,495 Up to $7,500 259
2023 Chevy Bolt EUV $28,795 Up to $7,500 247
2024 Nissan Leaf $29,255 Up to $3,750 149
2024 Mini Cooper SE $31,895 $0 114
2024 Fiat 500e $34,095 $0 149
2024 Hyundai Kona Electric SE $34,010 $0 197
2024 Hyundai Kona Electric SEL/Limited $38,010 $0 261
2025 Volvo EX30 $34,9501 $0 275
2024 Chevy Equinox EV $34,995 Up to $7,500 319
  1. Excludes freight and delivery charges

As evidenced above, despite the 2024 Hyundai Kona Electric’s newly adjusted price, the Bolt EV and Bolt EUV remain tremendous deals.

As a reminder, production of General Motors’ two affordable EVs is set to officially conclude on December 20th, 2023. After that, the Bolt twins will likely get a second-generation, although the next-gen models are not expected to be clean-sheet designs. However, GM Authority did report that the second-gen Bolts will be equipped with lithium iron phosphate (LFP) batteries, which will be purchased from a supplier.

Subscribe to GM Authority for more Chevy Bolt EV news, Chevy Bolt EUV news, Chevy news, GM EV news, GM competition news, and around-the-clock GM news coverage.

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As a typical Florida Man, Trey is a certified GM nutjob who's obsessed with anything and everything Corvette-related.

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Comments

  1. Not much on this Kona EV is impressive (price, range wise), but it does look very nice. Less CUV than even the Trax and a little more like a cross between the Envista Avenir and Trax RS. Compare this fully painted one against the base new Kona or Kona hybrid with the massive amounts of black plastic, and this one looks light years nicer.

    Reply
  2. I don’t know a single reviewer that didn’t throw up looking at it. It’s beyond hideous. Hyundai flew right off the charts into the dumpster on this one and a few other Hyundais are teetering on the rim.

    Reply
    1. Beachy29579: A serious question that I’m hopeful you answer. I’m curious what it is that you don’t like about it? I’m not an SUV/CUV guy and don’t want one, but if I were buying one, I feel this looks nice. Like I said above, it’s kind of a mash-up of the Envista and Trax IMO. I’ll be clear, it’s NOT my first choice of what I would want to buy. I’d still take a nicely designed sedan over this. But I am curious what you don’t like about it. Thanks.

      Reply
  3. Come on Dan, Beachy didn’t lie because as he said, HE DON’T KNOW A SINGLE REVIEWER, and he don’t. The Kona is a smart looking vehicle and one I am considering. Just not gonna do it with the grid problems. Hopefully in a couple of years.

    Reply
    1. I see. I was (am) actually asking because I truly wanted to know. I wasn’t being funny or sarcastic, although I often am. Maybe it’s just my eyes, but I see a total mash up of the Trax and Envista.

      Reply
  4. How much is the optional kit to make it look good? Too. Many. Divergent. Lines. Can’t figure out where to put the lights, the side sculpting looks disjointed, but I like the interior design (although having sat in one, it does feel cheaper than my Trax). I prefer KIA’s design language, Hyundai just looks like it’s trying too hard, KIA looks progressive, purposeful and cohesive.

    Reply

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