Hyundai Ioniq News
In a first for the electric car market, Hyundai is offering a subscription-style plan for its Ioniq electric car. EV buyers can opt for monthly payments as low as $275 a month—including the vehicle, unlimited miles, fuel (for charging reimbursements), maintenance, initial tax, title, license, and fees. No money is due at signing after tax credits and rebates are calculated. The 36-month subscription is only offered in California.
Hyundai announced today that it will sell its Ioniq electric car for $29,500, which after a federal tax incentive, drops the price to $22,000. That sticker price—for an all-electric vehicle officially rated to go 124 miles on a single charge—handily beats chief competitors on economics, driving range or both. The first US sales of the Hyundai will begin in the coming weeks.
After remaining very quiet, Hyundai is stating to call attention to the Ioniq, its new EV that goes on sale before the end of the year. The Ioniq deserves attention as the first ever model to be offered as a hybrid, plug-in hybrid or pure electric car.