Hyundai Prices IONIQ Electric (and Hybrid) Decently In UK

[ioniqfan]

Found this helpful article for the UK members of Hyundia IONIQ Forum.

Hyundai has announced that its anticipated lineup of IONIQ cars will go on sale in the UK on October 13. And to do that of course, one must know the price.

At first there will be two of three versions available – the plug-in hybrid has a staggered release (full specs below):

IONIQ Hybrid from £19,995 ($26,544)
IONIQ Electric £28,995 ($38,492)
The difference between the conventional hybrid and the all-electric version stands at £9,000 ($11,900 USD).

If one wants to get a feeling for an eventual US price (which should be announced shortly), the conversion numbers are almost a wash (even though the British Pound is worth ~33% more than the USD – shout-out to Brexit for narrowing that gap).

For example the i40, which is basically a Sonata, retails for £19,600 in the UK, and $21,700 in the US, while the Santa Fe will set you back £31,850 in the UK, and $25,300 in the US.

Our ‘stab’ at pricing figures that the IONIQ Electric will retail from about $29,995 in the US, when it arrives in ~September. After federal incentive this would put a bottom line of about $22,495…but more importantly, if Hyundai can keep the starting MSRP under $30,000, the US consumer would see national lease offers around the $200/month range.

In the UK, the IONIQ Electric initially will be available from a selected network of 27 dealerships, with full network roll-out from 2017.

A little longer consumers will wait for the plug-in hybrid IONIQ Plug-In, which enters the UK market next year, and in Q4 for the US.

Interesting is that Hyundai estimates maximum potential range of IONIQ Electric at 174 miles (280 km) in the UK, which is even more than the original estimated 155 miles (250 km) NEDC announced rating, which is still pretty far from our real world/EPA estimation of 110 miles (177 km).

Quick specs IONIQ Electric:

28 kWh battery optimistic 155 miles/250 km on NEDC standard (estimated: 110 miles/177 km)
88 kW (120 PS) electric motor with 295 Nm of torque
6.6 kW on-board charger
DC fast charging up to 80% in 33 minutes at 50 kW or 24 minutes at 100 kW (CCS/J1772 Combo)
Quick specs for IONIQ Plug-in:

8.9 kWh battery up to over 50 kilometres (31 miles) in all-electric mode (estimated: around 25 miles/40km)
45 kW (61 PS) electric motor and 1.6-litre GDI four-cylinder Kappa engine

[meghb]

The electric version of Hyundai IONIQ needs to be under 30k to compete with Bolt EV.

[Lisbon]

[ioniqfan]

This article got the NEDC range for the IONIQ wrong. It's not 250 km rather it's 280 km.

[tylerc]

Which car is the main competitor of Hyundai IONIQ EV? Is it Bolt EV?

[new2evs]

Wow the Hyundai ioniq is going worldwide

[jimmyjon]

This type of pricing makes the electric vehicle especially the Hyundai ioniq obtainable to the masses