Hyundai Kona Electric and Ioniq Electric prices cut to qualify for government grant

Hyundai has lowered the price of the cheapest 64kWh Kona Electric to £34,995 (excluding registration fees and discounts), to meet the government’s recently revised plug-in car grant, becoming the latest manufacturer to respond to the tighter qualifying criteria with a price cut. 

The grant is now only available for electric vehicles with a list price of less than £35,000, and the state refund has been cut from £3,000 to a maximum of £2,500.

Hyundai says that the 64kWh Kona Electric has the longest range of any car eligible for the scheme, with a claimed figure of 300 miles between trips to the plug.

Hyundai has also slashed its prices for the rest of the Kona Electric line-up by around £2,000 across the board. The 39kWh SE Connect model now starts from £30,395, while the equivalent Premium variant is priced at £31,745 before registration fees.

The only model in the Kona Electric line-up that doesn’t meet the terms of the grant is the 64kWh model in range-topping Ultimate trim. Prices start from £37,145 before registration fees and it comes as standard with a head-up display, ventilated front seats, heated rear outer seats, leather upholstery and an electric sunroof.

Hyundai has also cut back the price of the Ioniq Electric by around £1,100 across the range. It now starts from £32,995 in Premium specification and £34,995 in Premium SE trim (before registration fees), meaning both squeak under the threshold for the revised grant.

Premium models come as standard with heated seats, a heated steering wheel, a wireless smartphone charging pad, a seven-inch digital gauge cluster and a 10.2-inch infotainment system. Hyundai’s Premium SE specification adds heated and ventilated front seats, heated rear seats and leather upholstery.

Now read all the latest on the pure-electric Hyundai Ioniq 5…