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Hyundai unveils next-gen Kona EV, but leaves much to the imagination

Credit: Hyundai

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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.

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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.

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.

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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.

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!

Will is an auto enthusiast, a gear head, and an EV enthusiast above all. From racing, to industry data, to the most advanced EV tech on earth, he now covers it at Teslarati.

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Elon Musk

The Boring Company’s latest Tesla tunnel truck mod “fits like a glove”

The Boring Company has modified a Tesla powered tunnel truck to carry freight containers underground.

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The Boring Company has found a second job for the Tesla hardware it already runs underground. In a post on X, Elon Musk’s tunneling company showed its latest Prufrock Liner Truck modified to carry a standard 20 foot shipping container. “Using TBC tunnels to transport freight,” the company wrote. “The latest Prufrock Liner Truck (using Tesla Model 3 batteries and drive units) has been modified to carry a standard 20′ shipping container. Fits like a glove!”

The photo shows a red container sitting on a long, low white chassis parked outside, with drive hardware visible at one end. The Boring Company did not say where or when freight hauling would start, which customers it has in mind, or how many trucks it is converting.

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Until now, the liner trucks have hauled concrete. Teslarati reported in August on Liner Truck 3, which uses Model 3 battery packs and drive units to move more than 22,000 pounds of precast tunnel segments to the boring machine. It has 28 miles of range, tops out at 12 mph, and is piloted remotely from the company’s operations center in Texas. The freight version appears to be the same platform with a different bed, and The Boring Company has not said whether it will also be remotely piloted.

Freight has been on the company’s menu for years. When TBC updated its product lineup in 2021, its freight tunnel was described as sized to fit a standard shipping container, “barely.” The company later used the idea at Tesla’s own factory, where Prufrock 3 dug a tunnel to Giga Texas that now moves finished Cybertrucks away from the production line.

The Boring Company closed a $3 billion Series D in September at a $23 billion valuation, and Teslarati has covered how that money is tied to a UAE tunneling push and a faster Nashville build. In Nashville, Prufrock MB1 and MB2 are mining at the same time, and a third machine is expected to launch in late October. Each machine needs a steady supply of liner trucks, so any design that works for segments and containers alike gives the company more use out of the same Tesla parts.

The Vegas Loop remains the only Boring Company system open to the public, and it moves passengers in Tesla vehicles. A freight service would be a separate product, and the post gave no indication that one is close to launch. For now, it is a truck, a container and a short caption saying they fit together.

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Elon Musk will give ‘every kid in America’ a SpaceX share in 2027

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Credit: Grok Imagine

Elon Musk said he is planning to give “every one of his SpaceX shares to every kid in America” in 2027, stating that “this will be the first of many.”

SpaceX went public earlier this year, and its stock price has been relatively stable since leveling off shortly after its IPO. Based on its current price, it’s a gift of just over $10 billion to children across the United States.

It appears to be closely related to President Donald Trump’s bank accounts for children, which were set up earlier this year as Trump Accounts.

Just hours earlier, Anthropic had announced the establishment of its Anthropic Public Benefit Fund, “a new wholly-owned entity dedicated entirely to public benefit.” Musk responded by stating he recommended “giving the shares directly to the public,” and that he would be doing it that way.

Just a little bit later, Musk said children across the U.S. would be getting a share from him:

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There are roughly 70 million children, meaning someone under the age of 18, in the United States, according to the Federal Interagency Forum on Child and Family Statistics. Musk’s ownership of SpaceX stock shows he has around 849 million Class A shares of SpaceX stock, according to filings with the SEC.

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Elon Musk reveals why Boring Co’s biggest East Coast project never happened

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(Credit: The Boring Company)

Elon Musk revealed in a post on X that “Permits were impossible to get,” explaining the fate of The Boring Company’s most ambitious East Coast proposal.

The comment responded to a query about what became of his July 20, 2017 announcement that he had “just received verbal govt approval” for an underground Hyperloop connecting New York City, Philadelphia, Baltimore, and Washington, D.C., capable of carrying passengers from the Big Apple to the Nation’s Capital in just 29 minutes.

The Boring Company receives verbal ‘approval’ to build NY to DC Hyperloop tunnel

The 2017 post, which envisioned city-center stations and multiple elevators in each city, sparked immediate scrutiny. Local and state officials in New York, Philadelphia, Baltimore, and D.C. said they had no knowledge of any approval. A White House spokesperson confirmed only “promising conversations” about the transformative infrastructure.

Musk clarified shortly after that there was “still a lot of work” to do for formal approvals.

Limited progress followed, as Maryland Governor Larry Hogan’s administration issued a conditional utility permit and supported work near Fort Meade. In 2018, Washington, D.C., granted a preliminary permit for site preparation and excavation on a vacant lot at 53 New York Ave. NE in the NoMa neighborhood, which The Boring Company said could become a station.

A draft environmental assessment for a D.C.-Baltimore segment was released in 2019. Yet, by April 2021, the company had removed the project from its website, and the Federal Highway Administration reported receiving no indication of further interest. Communication with Maryland officials had ceased.

The full corridor would have required coordination among the District of Columbia, Maryland, Pennsylvania, New York, the Federal Highway Administration, the Army Corps of Engineers, the National Park Service, and other agencies.

Environmental reviews under the National Environmental Policy Act, utility clearances, and approvals for novel infrastructure added to the overall complexity of the project and its approval.

Speculation on the permitting barriers centers around a few factors, but a multi-state, multi-level route involving unproven high-speed vacuum-tube technology inherently triggers exhaustive safety, environmental, and engineering reviews that can stretch for years, even for conventional projects.

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There are also other elements, of course, like officials who may face political exposure if a privately funded, untested system encountered anything such as cost overruns, delays, or safety issues. On the outset of this project, there were limited things such as engineering plans or demonstrated technology maturity, which also added to the potential skepticism.

The East Coast vision for Boring Co., once framed as a privately funded revolution that could reshape Northeast travel, quietly ended without construction of the promised network. Musk’s recent statement frames the outcome as a regulatory impasse, unfortunate but not unexpected.

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