(December 15, 2018) FOUNTAIN VALLEY, Calif. — Hyundai has announced the starting price for its long-awaited 2019 Kona Electric convention-breaking electric crossover. The Kona Electric starting price is $36,450, for an effective net price of $28,950 ($29,995 including delivery), with the electric vehicle tax credit of $7,500 factored in.

Customers may receive the available federal tax credit of up to $7,500, dependent on individual tax circumstances, yielding a sub-$30,000 net value. Pricing for other Kona Electric trims will be announced shortly.

Kona Electric, which features an estimated 258-mile range, rides on an all-new CUV platform and is Hyundai’s first compact electric crossover for the U.S. market. Kona Electric models will be produced in Ulsan, Korea and will be available in the beginning of 2019, with initial availability in California and subsequently in the ZEV-focused states in the western and northeastern regions of the U.S. market.

“Our new Kona Electric crossover is an exceptionally affordable, stylish and efficient compact electric CUV, tailored to the needs of customers who pursue eco-focused active lifestyles requiring generous range,” said Mike O’Brien, vice president of Product, Corporate and Digital Planning, Hyundai Motor America.

“We’re confident it will set new standards for the electric-propelled compact CUV segment, with outstanding value, range flexibility, appealing design, cutting-edge connectivity and class-leading available safety features.”