Published on February 20th, 2017 | by James Ayre2
2017 Hyundai Ioniq Electric Will Start At $30,335, & Include Lifetime Battery-Failure Warranty
Originally published on CleanTechnica.
Pricing information for the 2017 Hyundai Ioniq Electric has now been released. The model will come in at the fairly low price of $30,335. The Hyundai Ioniq Hybrid will sell for $23,035.
As a reminder here, the 2017 Hyundai Ioniq Electric possesses a US EPA-rated range of 124 miles per full charge (thanks to a 28 kilowatt-hour battery pack), and a fuel economy rating of 136 MPGe. As we reported previously, that actually makes the model the most energy efficient car for sale in the US.
The pricing for the Hyundai Ioniq Electric is, as expected, fairly low — allowing it to undercut the Chevy Bolt EV and Nissan LEAF on pricing (if we ignore the deep discounts that some recent buyers have been getting on their Nissan LEAFs, that is). The 2017 Hyundai Ioniq Electric of course has a much lower range than the Bolt EV, it should also be remembered. Though, company execs have revealed that future model years will have much higher ranges.
Notably, the company has revealed that the Ioniq Electric (and the other variants of the model as well) will be sold with a lifetime battery-failure warranty included in price. What that means is that the battery pack is warrantied against complete failure for as long as the car remains in service, not that there’s a lifetime warranty for capacity degradation.
The lifetime warranty also doesn’t apply at all to commercially used vehicles — so taxi and delivery drivers, and fleet managers as well, are out of luck. Still, this is an interesting and unique feature.
Back to pricing — the prices listed above include the $835 destination charge, but of course they don’t include the various incentives on offer federally and on the state level. The best place to buy an electric car in the US, as ever, is Colorado, where a $5,000 rebate is on offer. With this factored in, and also the $7,500 federal tax credit (presuming that you make enough to qualify for the full benefit of the credit), that means that you can get a 2017 Hyundai Ioniq Electric for $17,835. In Colorado only of course — though, decent incentives are now on offer in many other states as well.
In addition to the $30,335 price listed above, the company will also be offering a higher trim Ioniq Electric for $33,335.
As far as availability? The 2017 Hyundai Ioniq Electric will reportedly be available in all 50 US states. Though, there isn’t expected to be a nationwide marketing push for model. Presumably, this will change with future model years as the range of the model is further improved and becomes more and more appealing to the average buyer.
States that are likely to see a real 2017 Hyundai Ioniq Electric marketing push are: California, California, California … and probably a couple of other states as well. I hope that I’m wrong about this, but I’m guessing that I won’t be.
Reprinted with permission.