2023 Hyundai Kona Electric: 258 Miles EPA Range, No Federal Tax Credit

It will be a difficult year for the Hyundai Kona Electric in the United States.

Continuing our overview of EV offer in the United States, let’s take a look at the Hyundai Kona Electric, one of the top small all-electric cars on the market.

The 2023 model year does not bring any substantial changes, as Hyundai describes it as “carry-over model”. There are three trim levels (SE, SEL and Limited), but the powertrain is the same in all of them.

The battery is still a 64-kilowatt-hour (kWh) unit (with LG Energy Solution battery cells) and the motor is still a 150-kilowatt (kW) one (front-wheel drive).

The official EPA combined range is 258 miles (415 km), just like in the previous years, although there are some minor changes related to energy consumption (a bit higher in the city test cycle, and a bit lower in the highway test cycle).

According to the EPA, the average energy consumption (including charging losses) in the combined test cycle is about 120 MPGe: 281 watt-hours per mile (175 Wh/km)

2023 Hyundai Kona Electric 17-inch

Prices

Prices of the Hyundai Kona Electric are relatively stable – the base price is $33,550 (compared to $34,000 in 2022MY), while the destination charge increased from $1,185 to $1,335.

The biggest issue for the 2023 Hyundai Kona Electric is the lack of eligibility for the $7,500 federal tax credit after the Inflation Reduction Act of 2022 (IRA) come into action.

This one thing caused that the effective minimum price (without accounting any rebates) is $34,885, while a year ago it could be $27,685. That’s a big change, especially that at the same time, the main competitors (Chevrolet Bolt EV/Bolt EUV) gained eligibility for the $7,500 federal tax credit.

Basic specs

Gallery: 2023 Hyundai Kona Electric

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