Hyundai has unveiled its new second-generation Kona vehicle, including the Kona EV, hybrid, and ICE variants.
The Hyundai Kona and the Chevy Bolt have become a go-to vehicles for those looking for their first EV. The Kona’s entry-level price point and impressive specs for the money have attracted numerous buyers. It’s clear Hyundai is hoping for a similar reaction to the next-generation Kona EV it released yesterday.
The second generation of the Kona EV brings iterative technical changes and a refreshed design to the flexible platform, which still allows customers to choose from an ICE, EV, or hybrid version.
Hyundai’s new Kona EV is the star of the show, and the Korean automaker made that clear, stating that this was the first time the Kona had been designed for electrification first, with the ability to add a gas engine designed second.
The second generation Kona EV comes with a max range of 304 miles from its Long-Range 65.4kWh battery, though a smaller Standard-Range battery is also available with a capacity of 48.4kWh. Hyundai didn’t specify the range of the smaller battery, but assuming a similar efficiency as the Long-Range battery, it should have roughly 225 miles of range.
With the Long-Range battery, customers also receive a more powerful motor, providing an ample 217 horsepower and 188 pound-feet of torque to the front wheels. The Standard-Range battery has a less powerful 156 horsepower and 188 pound-feet of torque motor.
While the vehicle’s power is only bumped slightly compared to the previous generation, the added ~50 miles of max range is undoubtedly a welcome addition to the platform.
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With DC fast charging, the new Hyundai Kona EV will charge from 10-80% in 41 minutes. Hyundai didn’t specify if the charging time differed between the battery options. Sadly, neither vehicle is equipped with Hyundai’s phenomenal 800-volt architecture, which means the Kona EV’s charging time is essentially unchanged from the previous generation.
The more apparent upgrades coming to the new Kona are in design. Not only does the Kona receive the same angular design found on many of Hyundai’s larger SUV offerings, but it becomes slightly larger than the previous generation. Hyundai states that this change was made to provide the maximum interior space to occupants while retaining the vehicle’s mid-size categorization.
The Korean automaker also provides the Kona EV with a laundry list of features, making it a far more useful vehicle in numerous situations. Its most sought-after feature is likely its vehicle-to-load technology, allowing customers to plug in everything from a mini-fridge to a TV. Besides that, Hyundai also includes OTA updates with the vehicle, allowing it to improve consistently throughout its ownership.
But with all these details released, Hyundai left out the most important, the Kona EV’s price.
Hyundai sadly no longer qualifies for federal EV incentives in the United States that could dramatically lower the price of the vehicle for many consumers. And with the Tesla Model 3 and Chevy Bolt cheaper than ever, both of which qualify for federal incentives, Hyundai may be in somewhat of a challenging situation.
Currently, the Hyundai Kona EV is listed for $33,550, roughly $13,000 more expensive than the Chevy Bolt with federal incentives, and only $2,000 cheaper than the base Tesla Model 3 with incentives.
Hyundai undoubtedly faces an uphill battle considering its lack of federal incentives. However, considering its success at attracting customers to its IONIQ Platform, the company still has a great shot of luring buyers nonetheless. Despite this hurdle, the automaker can hopefully still help more consumers electrify with its newest models.
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What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
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Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
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The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Tesla has started to deploy the 2026 Summer Update to owners across its fleet, and among the biggest changes are improvements to Navigation, a new startup animation for the Model 3 and Model Y, Caraoke scoring, and new capabilities for Grok.
As the update has started making its way to some cars, we can now see a few of the features operating in real-time. We will show you what some of the new features look like in this article, along with some additional details on what changed.
Not all of the new features in the 2026 Summer Update have quite made an appearance, but some of them have, so we’ll show those here:
New Animation Screen for 3/Y
Tesla is rolling out a new startup animation for Tesla Model 3 and Model Y owners. This is present in Launch Edition and Performance Model 3 and Model Y, but other trim levels do not have anything like this.
The new animation screen on Model 3/Y with the 2026 Summer Update
Apparently color will also be customizable: pic.twitter.com/wSdwggtG3S
— TESLARATI (@Teslarati) July 27, 2026
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Owners can adjust the color associated with the startup animation to suit their preferences. It is a surprise that more automakers do not focus on this animation for their vehicles; it can be a great first impression piece and make the car immediately feel more luxurious.
Tesla has included this on more premium trims, but it is nice to see it on the Model 3 and Model Y.
Grok Improvements
Grok can now adjust more things in the car outside of the Navigation system. Now, drivers can adjust anything from climate to driving settings by simply speaking to the AI assistant in the car:
@Tesla‘s AI assistant (Grok) with its new vehicle commands in action.
Set the climate, your destination and vehicle settings all in one go! pic.twitter.com/0bBTqaAk6G
— Not a Tesla App (@NotATeslaApp) July 28, 2026
You don’t even have to push a button, either. Instead, you can just say “Hey, Grok,” if you have it enabled. That feature rolled out with the 2026 Spring Update just a few months back.
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This is a great feature, especially pertinent for the Robotaxi platform, as there will be no buttons inside the Cybercab when it eventually starts giving rides to the public. It also broadens Grok’s capabilities, which were relatively limited in terms of vehicle setting adjustments beforehand.
SpaceX gets an absolutely crazy price target after rough IPO
Elon Musk responds to Volvo’s latest LiDAR decision
