How much should an EV cost?

Although the initial purchase price of an EV is typically more expensive than your average automobile, there is much more to consider when determining the overall cost of owning an EV.

Depending on where you live, you might benefit from government incentives or tax breaks when purchasing an EV. Many European countries have programs in place to make EVs more affordable.

  1. Tax Benefits

    Available in many European countries

  2. Maintenance Costs

    Can be lower

  3. Energy Costs

    Can be reduced

    You also need to consider the cost of maintenance in your calculation of the total cost of owning an EV. With a BEV, although the initial purchase price can seem significantly higher, the maintenance cost over the lifespan of the vehicle can be lower than a conventional automobile. ICE (internal combustion engine) vehicles have a higher number of components that wear and tear over time, potentially leading to costly repairs. BEVs, on the other hand, use fewer consumable parts, reducing the need for replacement.

    Like every Hyundai, our HEV, PHEV and BEV models enjoy a 5-Year Unlimited Mileage Warranty. On top of that, the high-performance lithium-ion polymer battery inside is warranty protected for 8 years or 160,000 km, whichever comes first. 

    It's no secret that the future of mobility is electrified.

    And we are driving that future. While some car brands just announce sustainable cars, Hyundai’s e-mobility vehicles have been leading the way for years. And we won’t stop here. Next awaits.

    Next Up:

    Can I save money by driving an EV?

    View our progressive electric range

    Hybrid Awaits. Electric Awaits. Next Awaits.