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Hyundai discontinues Kona electric vehicle in India, Here's why

The pricing was eventually lowered, and the electric vehicle (EV) was available until now for Rs 23.84 lakhs (ex-showroom).

June 26, 2024 / 11:12 IST
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Hyundai discontinues Kona electric vehicle in India, Here's why

Hyundai Motors introduced the Kona electric in India in 2019, with a starting price of Rs 25.30 lakhs (ex-showroom).

The pricing was eventually lowered, and the electric vehicle (EV) was available until now for Rs 23.84 lakhs (ex-showroom).

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While Hyundai did drop costs by over Rs 2 lakh at the end, the introduction of smaller and cheaper e-SUVs, ranging from the Tata Nexon EV and MG ZS EV to the Mahindra XUV400, meant that the EV was positioned higher and had even less market traction.

According to Autocar, the Kona Electric is no longer available in India, as the company has quietly withdrawn the EV from its official website. Currently, the Hyundai IONIQ 5 is the sole electric vehicle in their Indian portfolio, and it has received positive feedback.