Whereas automakers put together to launch their subsequent wave of electrical autos, Hyundai already has an EV that checks all of the packing containers. In accordance with a brand new report, the Hyundai IONIQ 6 is the one EV available on the market providing quick charging in underneath 20 minutes, over 350 miles vary, and at an inexpensive beginning worth.
Hyundai IONIQ 6 checks all of the packing containers as an inexpensive EV
Hyundai launched the IONIQ 6 electrical sedan in South Korea in late 2022, with gross sales kicking off within the US in March 2023.
Primarily based on Hyundai’s E-GMP devoted EV platform, the identical one underpinning the IONIQ 5, the IONIQ 6 presents as much as 361 miles of driving vary. Maybe, extra importantly, you may cost Hyundai’s electrical sedan (10% to 80%) in as little as 18 minutes with 800V DC quick charging.
And also you get all of this beginning at an inexpensive beginning worth of as little as $38,650. With long-range capabilities, quick charging, and an inexpensive price ticket, is the Hyundai IONIQ 6 the final word EV?
In accordance with a brand new report from Boston Consulting Group, the Hyundai IONIQ 6 is the one EV available on the market that meets potential consumers’ median worth, vary, and charging targets.
BCG analysis discovered that 70% of US customers are contemplating shopping for an EV. Apart from the 6% that already personal one, 38% stated they plan to buy an EV as their subsequent car, and one other 27% are contemplating one sooner or later.
Nevertheless, the examine discovered these holding out are in search of sooner charging, extra vary, and decrease costs.
The median necessities embody 20-min charging, 30 min detour and wait occasions for fast-charging stations, 350 miles vary, and a worth of $50,000.
2024 Hyundai IONIQ 6 trim |
Battery (kWh) |
Estimated Vary (miles) |
Beginning Worth |
| SE Normal Vary RWD | 53 | 240 | $38,615 |
| SE RWD | 77.4 | 361 | $43,656 |
| SEL RWD | 77.4 | 305 | $46,365 |
| Restricted RWD | 77.4 | 305 | $51,265 |
| SE Twin Motor AWD | 77.4 | 316 | $47,065 |
| SEL Twin Motor AWD | 77.4 | 270 | $49,865 |
| Restricted Twin Motor AWD | 77.4 | 270 | $54,765 |
Hyundai launched the 2024 IONIQ 6 for $4,100 cheaper than final yr’s mannequin. Beginning at $38,615, Hyundai’s IONIQ 6 checks all of the packing containers as an inexpensive, long-range, fast-charging EV.
To make it much more engaging, Hyundai is providing a $7,500 money provide on all trims, bringing costs right down to doubtlessly simply over $30,000.
Tesla’s Mannequin 3 was the following closest mannequin to hitting the edge. The 2024 Tesla Mannequin 3 begins at $38,990 with as much as 272 miles vary. For the Lengthy Vary mannequin, costs begin at $47,740, with as much as 341 miles vary.
The race for lower-cost electrical automobiles
Automakers are dashing to introduce new low-cost EVs. Ford is shifting from massive EVs, just like the F-150 Lightning, to smaller, extra inexpensive fashions.
In accordance with a brand new Bloomberg Businessweek report, Ford plans to launch a brand new low-cost EV platform. The platform will underpin a next-gen smaller electrical pickup and SUV with beginning costs round $25,000. In the meantime, the American automaker is placing plans for a bigger three-row electrical SUV on maintain.
Ford’s CEO Jim Farley defined at a Wolfe Analysis convention final month that in case you can’t sustain with Chinese language EV makers, “20% to 30% of your income is in danger.”
Farley defined, “Because the CEO of an organization that had hassle competing with the Japanese and the South Koreans, now we have to repair this drawback.”
Ford put collectively a “skunk works crew” to develop it with “a few of the greatest EV engineers on the planet.” That crew is led by Alan Clarke, who led the engineering of the Tesla Mannequin Y.
Talking of Tesla, the EV chief is gearing as much as launch its next-gen electrical automotive, a $25,000 car.
Though preliminary plans referred to as for Tesla’s next-gen EV to be constructed at Gigafactory Mexico, CEO Elon Musk confirmed it will likely be inbuilt Texas.
Musk stated the mannequin was “superior” in its growth in December. Tesla’s CEO stated he evaluations the manufacturing line plans “each week.”
Rivian not too long ago unveiled its cheaper R2, beginning at $45,000 with no less than 300 miles vary throughout all trims. It’s as a consequence of enter manufacturing within the first half of 2026. The EV startup additionally launched the R3, a fair smaller and extra inexpensive mannequin that may comply with.
Hyundai’s sister firm, Kia, is launching a lineup of inexpensive EVs with beginning costs between $30,000 and $50,000.
Kia is predicted to launch its entry-level EV3 by the top of the yr, beginning at round $30,000. It will likely be adopted by the Kia EV4 subsequent yr, with costs anticipated to be round $35,000.
The Korean automaker already launched the compact EV5 electrical SUV in China with a low beginning worth of $20,000 (149,800 yuan).
What do you suppose? Does the Hyundai IONIQ 6 examine all of the packing containers? Tell us within the feedback.
If you wish to see what Hyundai’s inexpensive IONIQ 6 has to supply, we will help you get began at the moment. You should use our hyperlink to search out nice offers on the 2024 Hyundai IONIQ 6 at a seller close to you.
