Prices for the Hyundai Kona Electric have been reduced by $13,000

New drive-away offers for the popular Hyundai Kona The lineup features discounts of more than $13,000 on the all-electric versions of the small SUV.

For the first quarter of 2026, Hyundai Australia is offering nationwide drive-away pricing on entry-level Kona and Kona Hybrid (HEV) versions, as well as larger discounts across the entire Kona Electric range.

The Kona Electric Standard Range now starts at $45,990 drive-away, a huge saving of $13,157 based on a NSW postcode. With the Kona HEV now starting at $39,990, the gap between hybrid and electric has shrunk to just $6,000.

Having initially launched in a more upmarket price segment, the Kona Electric is now more in line with cheaper Chinese rivals such as the Geely EX5 (starting at around $44,400 auto) and the MG S5 EV (starting at $40,990 auto).

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However, BYD’s new, similarly sized Atto 2 electric SUV costs just $31,990 plus on-road costs, or around $34,770 drive away based on a NSW postcode.

The Kona Electric’s extended range has been reduced by $13,357 to $49,990 in-car, offering up to 505 km of WLTP-certified range for less than $50,000. The flagship Premium variant has received the biggest discount and now costs $59,990 drive-away – a saving of $13,857.

Both the Extended Range and Premium are available with the sporty N Line package, which adds $5,000 to the former’s drive-away price and $4,000 to the latter’s.

At the lower end of the price range, the entry-level Kona 2.0-litre petrol has seen its price cut by $558 to $36,490 drive-away. However, according to Hyundai Australia, the price of this model will rise by $500 to $36,990 in February and March, a saving of just $58.