Hyundai’s All-Electric SUV May Start Around $39K

Hyundai has already said that it’s speeding up the timetable for launch of at least one planned long-range SUV.

While we still don’t know which one will be first to market, we know it will start at under $40,000, or at about $39K, to be more precise.

Niro, Stonic, or Kona?

Hyundai may have all-electric versions of the Niro, Stonic, and Kona upcoming. The Niro is sold as a Kia in the U.S. while the Kona is an upcoming subcompact crossover that will likely have a four-cylinder internal combustion engine (likely with a turbocharged version available) at launch.

A plug-in hybrid version of the Niro is confirmed, but an all-EV version hasn’t yet been.

German Car Mag Has the Scoop

According to Electrek, German car mag Autobild is reporting that the Kona will have an all-EV version, at least in Europe, that will use a 50-kWh battery pack. If that report is true, the Kona could have a range of around 200 miles on a single charge.

Autobild claims it will go on sale in the fall of 2018 with a 35,000 euro, or approximately $39,000, starting price. It’s unclear if the vehicle would be Europe only or sold in America.

Prototypes of an all-electric Hyundai SUV have been spotted on public roads already. The automaker has bet heavily on fuel-cell technology, but it’s investing more in EVs, especially on the heels of its launch of the Ioniq, which offers an electric model.

If Hyundai really is prepping an EV SUV with a range of 200 miles or more with a price tag below $40K, it won’t have much in the way of competition, and that means Hyundai could blaze a bit of a trail in the market.