The Cheapest Hyundai Electric Cars And SUVs For 2024

As the world moves into 2024, environmental regulations are becoming stricter, prompting brands like Hyundai to rise to the occasion. Hyundai’s 2024 electric lineup offers a range of all-electric driving options, of all price ranges. These options are the 2024 Kona Electric, the 2024 Ioniq 5, and the 2024 Ioniq 6.

The cheapest 2024 Hyundai Kona EV is a crossover SUV, priced at approximately $32,675. For 2024, it has undergone a complete overhaul from last year’s model, introducing a new design and a host of exciting new features. It can go up to 200 miles on a full charge and produces 133 horsepower, which some may find overwhelming, but it’s more than enough given the price point.

The Ioniq 5 is Hyundai’s second crossover SUV for 2024, and it starts at $41,800, boasting a retro-futuristic design. The SE standard range is the cheapest trim for 2024’s lineup, and it comes with a smaller battery pack, leading to 220 miles on a full charge. The design shift from the Ioniq 5 to the Ioniq 6, may seem a little dramatic, but with the increasing number of Tesla Model 3s hitting the roads, it gives us something new to look at.

And unlike the 5, the cheapest 2024 Ioniq 6 actually boasts the best range; 361 miles, out of the entire lineup. With Hyundai’s 2024 electric car and SUV lineup starting at a relatively affordable price and offering unprecedented value, Hyundai aims to take center stage in the EV scene this year.

In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from various manufacturer websites and other authoritative sources, including Car and Driver, and EPA. The models below have been ranked based on their starting MSRP.

1 2024 Hyundai Kona Electric: What’s New

Starting MSRP: $32,675

New Model Highlights

• The 2024 Kona EV is taller and comes with a completely new, futuristic look.
• The base trim now comes with a larger 12.3-inch touchscreen.
• The 2024 Kona EV offers a roomier cabin.

2024 Hyundai Kona EV Powertrain

The 2024 Hyundai Kona EV is available in front-wheel drive (FWD) only, and has two different-sized battery packs. The base trim comes with a smaller 48.6 kilowatt-hour lithium-ion battery pack and a single electric motor that powers the front wheels via a single-speed reduction gear transmission. This configuration results in a modest power output of 133 horsepower with 188 pound-feet of torque.

2024 Hyundai Kona Electric Specs And Performance

(Data collected from Hyundai and Car and Driver)

The higher trims: the SEL and the Limited trims, kick things up a notch with the larger 64.8 kilowatt-hour lithium-ion battery, and a combined power output of 201 horsepower with 188 pound-feet of torque, which isn’t any different from last year’s models.

2024 Hyundai Kona Electric: Trim Breakdown

The launch of the 2024 Hyundai Kona EV marks the beginning of the second generation of the Kona lineup. With three distinct trims: the SE, the SEL, and the Limited, to choose from.

The cheapest 2024 Kona EV, the SE, starts at $32,675, and unlike last year’s model, it comes standard with a larger 12.3-inch touchscreen display that supports wireless Apple CarPlay and Android Auto, followed by a 12.3-inch digital instrument cluster, that seamlessly merge together to create an illusion of a single, enormous display. 17-inch alloy wheels are also standard on all three trims.

2024 Hyundai Kona Electric Pricing Structure

(Data collected from Hyundai)

The Most Expensive 2024 Kona EV Starts At $41,045

The more expensive SEL starts at $36,675, and offers heated front seats, a power driver seat with added lumbar support, and roof side rails. The 2024 Hyundai Kona Electric tops out with the Limited trim at $41,045, and offers a range of other interior and exterior amenities, ranging from premium seating trims and a power sunroof.

2024 Hyundai Kona Electric: Pros And Cons

The 2024 Kona EV signifies Hyundai’s next big step in the EV segment, featuring increased length, width, and a longer wheelbase for enhanced utility. Its distinctive appearance, marked by wide-spanning LED headlights and taillights, which Hyundai calls “Pixelated seamless horizon lamp”, gives the 2024 Kona Electric a fresh, unmistakable look.

The cabin is quite roomy, with a total interior volume of 125.5 cubic-feet. The second row comes with 60/40 split-fold functionality that increases the total cargo volume from 25.5 cubic-feet to 64.7 cubic-feet. Unfortunately, the base trim doesn’t come with an optional, larger battery pack. Additionally, there is no significant difference in mileage when compared to the outgoing, 2023 model.

2024 Hyundai Kona Electric Fuel Economy

(Data collected from Hyundai)

The base SE trim, equipped with a smaller 48.6 kilowatt-hour battery pack, boasts a mileage of 131/105/118 MPGe, contributing to an EPA-estimated range of 200 miles. As the more expensive trims come standard with a larger 64.8 kilowatt-hour battery, they offer better mileage; 129/103/116 MPGe on city/highway/combined drives, and a total range of 261 miles.

Pros

• The base trim now comes standard with a larger 12.3-inch touchscreen.
• The 2024 models offer more headroom for taller passengers.
• New exterior design contributed to improved aerodynamics.
• A roomier cabin than the outgoing model.

Cons

• Puny numbers in performance.
• Limited to 17-inch wheels.
• The most affordable trim is limited to a much smaller battery.
• No significant increase in range over the outgoing model.

2 2024 Hyundai Ioniq 5: What’s New

Starting MSRP: $41,800

• Added driver assistance features.
• A new Disney100 Platinum Edition trim is available for a short time.

2024 Hyundai Ioniq 5 Powertrain

The Hyundai Ioniq 5 has had a pretty successful run as one of the best crossover electric SUVs, and for 2024, it plans to further solidify its position in the most popular electric vehicle segment. Offered in five distinct trims, the 2024 Hyundai Ioniq 5 comes in both rear-wheel drive (RWD) and all-wheel drive (AWD) drivetrain configurations. The base trim, the SE Standard Range, is limited to RWD and boasts a smaller battery pack than the rest of the lineup.

2024 Hyundai Ioniq 5 Specs And Performance

(Data collected from Hyundai and Car and Driver)

The SE standard trim, available only in RWD, comes with a 58.0 kilowatt-hour lithium-ion battery and a single 125 kW electric motor powering the rear wheels. This allows the 2024 Hyundai Ioniq 5 to produce a combined power output of 168 horsepower with 258 pound-feet of torque. The more expensive trims come with an available AWD drivetrain, that adds a little more oomph to the 2024 Hyundai Ioniq 5’s steps, along with the heavier price tag.

2024 Hyundai Ioniq 5: Trim Breakdown

The SE Standard Range is the cheapest trim of the 2024 Hyundai Ioniq 5 lineup, starting at $41,800, with RWD as the only drivetrain option. The more expensive trims start with the SE, offered in both RWD and AWD. The SE and SEL, when equipped with AWD, cost $3,500 more than the RWD trims. Whereas, the Limited AWD trim costs $3,900 more than its RWD counterpart.

2024 Hyundai Ioniq 5 Pricing Structure

(Data was collected from Hyundai)

Two 12.3-inch Displays Inside The Cabin

There aren’t any crazy changes from last year’s model; the SE Standard Range still comes standard with a 12.3-inch touchscreen display and a 12.3-inch digital instrument cluster with EV Technology Display, with five USB ports around the cabin. However, there’s still no wireless Apple CarPlay and Android Auto.

2024 Hyundai Ioniq 5: Pros And Cons

The 2024 Hyundai Ioniq 5 is a four-door five-seater compact crossover SUV with a roomy cabin. The trunk opens up to provide a space of 27.2 cubic-feet, which can be increased to 59.3 cubic-feet by folding the rear row flat. Also, the rear row comes with 60/40 split-fold functionality, allowing you to choose between extra storage or seating space. The absence of an ICE gives the 2024 Hyundai Ioniq 5 a cool frunk, but it only provides up to 0.85 cubic-feet of capacity.

2024 Hyundai Ioniq 5 Fuel Economy

(Data collected from EPA)

The 2024 Hyundai Ioniq 5 Can Charge Up To 80-Percent In Just 18 Minutes

The 2024 Hyundai Ioniq 5 Standard SE delivers an EPA-estimated mileage of 127/ 94/ 110 MPGe on city/ highway/ combined metrics, and its 58.0 kilowatt-hour battery is good for a range of 220 miles on a full charge. The more expensive trims benefit from a larger battery pack, which leads to a longer range and better mileage, overall.

Fortunately, the cheapest Hyundai Ioniq 5 comes standard with an Ultra-fast charger that can support charging speeds of up to more than 250 kW, requiring just 18 minutes to go from zero to 80-percent charged. The base trim also comes standard with a Level 2 onboard charger that supports speeds up to 10.9 kilowatts.

Pros

• Very little price increase from the outgoing model.
• 250kW DC Fast Charging to go from 10 to 80-percent in 18 minutes.
• A new, futuristic exterior design.

Cons

• No wireless Apple CarPlay and Android Auto.
• The base trim is pricey for what it brings to the table.
• The frunk is limited to 0.85 cubic-feet of storage.

3 2024 Hyundai Ioniq 6: What’s New

Starting MSRP: $42,450

• A quieter cabin with more insulation materials.
• The RWD trims are now available with both 18 and 20-inch wheels.

2024 Hyundai Ioniq 6 Powertrain

The 2024 Hyundai Ioniq 6 comes in three trims and two drivetrain options to choose from. A 77.4 kilowatt-hour lithium-ion battery pack is standard on all trims, regardless of the drivetrain chosen. The 2024 Ioniq 6 RWD delivers a combined power output of 225 horsepower with 258 pound-feet of torque, while the AWD packs a little more oomph, with a combined power output of 320 horsepower with 446 pound-feet of torque.

2024 Hyundai Ioniq 6 Specs And Performance

(Data collected from Hyundai and Car and Driver)

Hyundai took extra care to make the 2024 model’s cabin super quiet. It added layers of special noise insulation material right between the floor and the carpeting. Also, the SE (base) trim sits on its 18-inch wheels as standard, which can be upgraded to larger 20-inch wheels, sacrificing a little range.

2024 Hyundai Ioniq 6: Trim Breakdown

Offered in three trims, the 2024 Hyundai Ioniq 6 kicks off at $42,450 with the SE RWD trim. From a 12.3-inch touchscreen navigation display, which supports Android Auto and Apple CarPlay, and a 12.3-inch digital cluster display, the SE trim comes with a lot of features found in the higher, more expensive trims. Not only that, the base trim boasts the best overall range of 361 miles on a full charge.

2024 Hyundai Ioniq 6 Pricing Structure

(Data was collected from Hyundai)

The SE also comes with an eight-way power driver seat with power lumbar support, and a 60/40 split-fold second row, with cup holders. This, however, doesn’t add to the maximum storage capacity of 11.7 cubic-feet. Additionally, in the front, the 2024 Hyundai Ioniq 6 has a small frunk offering 0.5 cubic-feet of storage space.

2024 Hyundai Ioniq 6: Pros And Cons

Hyundai continues to embrace futuristic design in the Ioniq lineup, and with the 2024 Ioniq 6, it’s no different. Its spaceship-esque exterior is complemented by its Parametic Pixel LED taillights and two spoilers in the back, which give it an aggressive look.

2024 Hyundai Ioniq 6 Fuel Economy

(Data collected from Hyundai and EPA)

The highlight of the cheapest 2024 Ioniq 6 is the maximum range of 361 miles, achievable by the SE RWD trim on 18-inch wheels. This is further complemented by an impressive mileage of 153/ 127/ 140 MPGe on city/ highway/ combined drives. The expensive trims do not lack in the range department, but the numbers do indeed dip when compared to the base trim.

Pros

• The base trim is loaded with impressive features.
• The AWD trims offer speedy acceleration and more horsepower.
• The base (SE) trim offers the best range.
• 250kW DC Fast Charging to go from 10 to 80-percent in 18 minutes.

Cons

• No significant changes from last year’s model.
• Trunk space is limited to 11.7 cubic-feet.
• Rear-row headroom might be cramped for taller passengers.