2019 Hyundai Kona Electric Pricing Very Obviously Targets the Chevy Bolt

Matt Posky
by Matt Posky

Hyundai’s Kona Electric is gradually seeping into select dealerships across the United States, requiring the company to (finally) make a definitive statement about its price. While our time spent with the model was brief, it left a positive initial impression. Clearly targeting the likes of Chevrolet’s Bolt and Tesla’s Model 3, the Kona EV did a fine job standing its ground and injecting a fun persona into alternative-energy vehicles.

While good, we held off on declaring it a modern masterpiece until we knew how much Hyundai planned to sell it for. Too expensive and people will tune out because, despite its unique charms, it’s technically still a subcompact crossover from a budget-friendly automaker — slick electric powertrain notwithstanding. Too cheap and the company is basically throwing money out the window, as the model is unlikely to be manufactured in high volumes and the brand can fall back on the federal government’s EV tax credits to absorb some of the cost.

In the end, Hyundai decided to split the difference. The Kona Electric starts at $37,495 (after destination) for the base SEL trim — matching the Chevy Bolt’s MSRP near enough not to seriously influence any purchasing decisions.

That nets you the Kona’s electric motor, which produces 201 hp and 290 lb-ft of torque, and the 64-kilowatt-hour lithium-ion battery from which it feeds. Estimated range is excellent at 258 miles, and standard features abound. The Kona Electric comes with keyless entry, push-button start, heated front seats, LED taillights, and a 7.0-inch center screen with Apple CarPlay and Android Auto. Hyundai also incorporated forward collision-avoidance assist, lane keeping assist, blind-spot collision with alerts, and rear cross-traffic collision warning at no additional expense.

Stepping up into the Limited model nets you a $42,195 price tag and more equipment — including LED headlamps with high-beam assist, leather seats, a sunroof, a power adjustable front seat, wireless device charging, and an upgraded rearview mirror with HomeLink.

However, for $45,695, you can have the Ultimate trim and some pretty nice equipment. The touch screen is upsized to 8.0 inches and incorporates an Infinity Premium audio system and navigation. Front seats are now ventilated, and Hyundai chucked in a heated steering wheel, rain-sensing wipers, and a head-up display for the driver. The Ultimate also benefits from a more robust safety suite that adds pedestrian detection, adaptive cruise control with stop-and-go, and more parking assistance.

While we would have liked to see Hyundai bake in a little more standard equipment in a car that costs $37,495 before the federal tax credit, we know EVs don’t play by the same rules as their internal combustion counterparts. You can’t compare the base Kona Electric with a well-equipped Ford Fusion Hybrid because almost no one cross-shops the pair. The fact that they can cross prices is largely irrelevant to interested parties.

If you want a trendy EV, you have to pay more. But, when compared to its rivals, the Kona still stands out as a pretty good value — offering decent equipment, superior range, and a little character to boot. For EV shoppers who aren’t made of money, this would absolutely be one to consider.

The 2019 Kona Electric is only available in California right now, though Hyundai said it will start sending product to “ZEV-focused states in the western and northeastern regions of the U.S. market” later this year.

[Images: Hyundai]

Matt Posky
Matt Posky

A staunch consumer advocate tracking industry trends and regulation. Before joining TTAC, Matt spent a decade working for marketing and research firms based in NYC. Clients included several of the world’s largest automakers, global tire brands, and aftermarket part suppliers. Dissatisfied with the corporate world and resentful of having to wear suits everyday, he pivoted to writing about cars. Since then, that man has become an ardent supporter of the right-to-repair movement, been interviewed on the auto industry by national radio broadcasts, driven more rental cars than anyone ever should, participated in amateur rallying events, and received the requisite minimum training as sanctioned by the SCCA. Handy with a wrench, Matt grew up surrounded by Detroit auto workers and managed to get a pizza delivery job before he was legally eligible. He later found himself driving box trucks through Manhattan, guaranteeing future sympathy for actual truckers. He continues to conduct research pertaining to the automotive sector as an independent contractor and has since moved back to his native Michigan, closer to where the cars are born. A contrarian, Matt claims to prefer understeer — stating that front and all-wheel drive vehicles cater best to his driving style.

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  • Darex Darex on Jan 30, 2019

    I find the Nexo to be more compelling, but even more impractical in the real world.

  • Arthurk45 Arthurk45 on Jan 31, 2019

    Nowhere near as atractive as the Bolt. The Bolt i losing its tax credits - down to $3750 and then halved again June 1 and then gone Dec 31.The Kia and Hyundai have their full $7500 tax credit. They are selling first to state's that extract ZEV credits.

  • Kjhkjlhkjhkljh kljhjkhjklhkjh A prelude is a bad idea. There is already Acura with all the weird sport trims. This will not make back it's R&D money.
  • Analoggrotto I don't see a red car here, how blazing stupid are you people?
  • Redapple2 Love the wheels
  • Redapple2 Good luck to them. They used to make great cars. 510. 240Z, Sentra SE-R. Maxima. Frontier.
  • Joe65688619 Under Ghosn they went through the same short-term bottom-line thinking that GM did in the 80s/90s, and they have not recovered say, to their heyday in the 50s and 60s in terms of market share and innovation. Poor design decisions (a CVT in their front-wheel drive "4-Door Sports Car", model overlap in a poorly performing segment (they never needed the Altima AND the Maxima...what they needed was one vehicle with different drivetrain, including hybrid, to compete with the Accord/Camry, and decontenting their vehicles: My 2012 QX56 (I know, not a Nissan, but the same holds for the Armada) had power rear windows in the cargo area that could vent, a glass hatch on the back door that could be opened separate from the whole liftgate (in such a tall vehicle, kinda essential if you have it in a garage and want to load the trunk without having to open the garage door to make room for the lift gate), a nice driver's side folding armrest, and a few other quality-of-life details absent from my 2018 QX80. In a competitive market this attention to detai is can be the differentiator that sell cars. Now they are caught in the middle of the market, competing more with Hyundai and Kia and selling discounted vehicles near the same price points, but losing money on them. They invested also invested a lot in niche platforms. The Leaf was one of the first full EVs, but never really evolved. They misjudged the market - luxury EVs are selling, small budget models not so much. Variable compression engines offering little in terms of real-world power or tech, let a lot of complexity that is leading to higher failure rates. Aside from the Z and GT-R (low volume models), not much forced induction (whether your a fan or not, look at what Honda did with the CR-V and Acura RDX - same chassis, slap a turbo on it, make it nicer inside, and now you can sell it as a semi-premium brand with higher markup). That said, I do believe they retain the technical and engineering capability to do far better. About time management realized they need to make smarter investments and understand their markets better.
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