These prices are for hybrid and EV versions that will be on sale from 13 October. The plug-in hybrid will only arrive in 2017.
We still don’t have prices for other European countries, but we can compare the UK prices with local alternatives, like Toyota Prius or Nissan Leaf.
For example the Toyota Prius in the UK starts from £23,295. This means the IONIQ hybrid is 16,5 % cheaper.
Regarding to the EV version we have to compare it to Nissan Leaf 30 kWh Acenta trim that starts at £29,730. The IONIQ EV is only 2,5 % cheaper. Not much difference. But with similar prices, the IONIQ easily beats the Leaf.
Besides prices, Hyundai also released information about the range and battery warranty. The range is 280 km (NEDC) and the battery warranty is 8 years or 200.000 km (LG Chem knows how to do things right).
Let’s see some advantages comparing it to the Leaf:
- More efficient (lower weight and better aerodynamics)
- Better range, NEDC is 280 km
- Better battery warranty, 8 years or 200.000 km
- Better battery lifespan from active cooling
- Faster DC charging
- CCS and type 2 as charging standards
- It has AEB, now required for 5-star Euro NCAP
- Android Auto
- Doesn’t have weird froggy eyes
For me the AEB (Autonomous Emergency Braking) is a must. Wouldn’t consider a new car without it.
Of course that Nissan can easily reduce the Leaf’s price, since the building costs have been dropping for years now, but the price was kept pretty much unchanged because there wasn’t real competition. Now facing with new competition, both from new similar range and double range electric cars, Nissan will have to drop the Leaf’s price. At least 5.000 €, or even more. If Nissan can sell the Note for 12.450 €, I can’t see why a Leaf would have to cost more than 20.000 €. The Bolt is coming and the price drops will be here soon…
Now we just have to wait and see how many IONIQ EV Hyundai wants to sell. Since the battery is made by LG Chem, I don’t think that supply will be a problem, unlike the Kia Soul EV that has a battery made with SK Innovation cells.