Hyundai USA announced the pricing for its soon-to-be-realeased IONIQ Electric and IONIQ Hybrid.
The IONIQ Electric is currently rated as the most efficient EV by the EPA at 135 MPGe, and it is impressively priced at only $29,500. With the US Federal Tax Credit, that lowers the price by $7500 to only $22,000 plus an $835 destination charge for a 124 mile electric vehicle!
At a price this low, it makes the Nissan LEAF and the Ford Focus Electric seem less attractive. The 2017 Nissan LEAF 30kWh, for example, has an EPA range of 17 miles less (107 mile rating) and an MSRP $2000 higher than the IONIQ Electric. We will see Hyundai stealing sales from the other comparable EVs, and it might even attract a bunch of new people to the EV world.
The IONIQ Hybrid pricing was also announced, and the base model has an MSRP of $22,200. This puts it at $200 more than the EV model with the full tax credit.
Later than originally scheduled, the IONIQ EV is set to arrive at dealerships by the end of February 2017. The Plug-in hybrid will follow in the summer, and pricing will be announced for the IONIQ PHEV as that date nears.