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.
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.
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!
Elon Musk
Tesla analysts believe Musk and Trump feud will pass
Tesla CEO Elon Musk and U.S. President Donald Trump’s feud shall pass, several bulls say.
Tesla analysts are breaking down the current feud between CEO Elon Musk and U.S. President Donald Trump, as the two continue to disagree on the “Big Beautiful Bill” and its impact on the country’s national debt.
Musk, who headed the Department of Government Efficiency (DOGE) under the Trump Administration, left his post in May. Soon thereafter, he and President Trump entered a very public and verbal disagreement, where things turned sour. They reconciled to an extent, and things seemed to be in the past.
However, the second disagreement between the two started on Monday, as Musk continued to push back on the “Big Beautiful Bill” that the Trump administration is attempting to sign into law. It would, by Musk’s estimation, increase spending and reverse the work DOGE did to trim the deficit.
Every member of Congress who campaigned on reducing government spending and then immediately voted for the biggest debt increase in history should hang their head in shame!
And they will lose their primary next year if it is the last thing I do on this Earth.
— Elon Musk (@elonmusk) June 30, 2025
President Trump has hinted that DOGE could be “the monster” that “eats Elon,” threatening to end the subsidies that SpaceX and Tesla receive. Musk has not been opposed to ending government subsidies for companies, including his own, as long as they are all abolished.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
Despite this contentious back-and-forth between the two, analysts are sharing their opinions now, and a few of the more bullish Tesla observers are convinced that this feud will pass, Trump and Musk will resolve their differences as they have before, and things will return to normal.
ARK Invest’s Cathie Wood said this morning that the feud between Musk and Trump is another example of “this too shall pass:”
BREAKING: CATHIE WOOD SAYS — ELON AND TRUMP FEUD “WILL PASS” 👀 $TSLA
She remains bullish ! pic.twitter.com/w5rW2gfCkx
— TheSonOfWalkley (@TheSonOfWalkley) July 1, 2025
Additionally, Wedbush’s Dan Ives, in a note to investors this morning, said that the situation “will settle:”
“We believe this situation will settle and at the end of the day Musk needs Trump and Trump needs Musk given the AI Arms Race going on between the US and China. The jabs between Musk and Trump will continue as the Budget rolls through Congress but Tesla investors want Musk to focus on driving Tesla and stop this political angle…which has turned into a life of its own in a roller coaster ride since the November elections.”
Tesla shares are down about 5 percent at 3:10 p.m. on the East Coast.
Elon Musk
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla CEO Elon Musk is reportedly overseeing sales in North America and Europe, Bloomberg reports.
Tesla scrambled its executives around following the exit of CEO Elon Musk’s sidekick last week, Omead Afshar. Afshar was relieved of his duties as Head of Sales for both North America and Europe.
Bloomberg is reporting that Musk is now overseeing both regions for sales, according to sources familiar with the matter. Afshar left the company last week, likely due to slow sales in both markets, ending a seven-year term with the electric automaker.
Tesla’s Omead Afshar, known as Elon Musk’s right-hand man, leaves company: reports
Afshar was promoted to the role late last year as Musk was becoming more involved in the road to the White House with President Donald Trump.
Afshar, whose LinkedIn account stated he was working within the “Office of the CEO,” was known as Musk’s right-hand man for years.
Additionally, Tom Zhu, currently the Senior Vice President of Automotive at Tesla, will oversee sales in Asia, according to the report.
It is a scramble by Tesla to get the company’s proven executives over the pain points the automaker has found halfway through the year. Sales are looking to be close to the 1.8 million vehicles the company delivered in both of the past two years.
Tesla is pivoting to pay more attention to the struggling automotive sales that it has felt over the past six months. Although it is still performing well and is the best-selling EV maker by a long way, it is struggling to find growth despite redesigning its vehicles and launching new tech and improvements within them.
The company is also looking to focus more on its deployment of autonomous tech, especially as it recently launched its Robotaxi platform in Austin just over a week ago.
However, while this is the long-term catalyst for Tesla, sales still need some work, and it appears the company’s strategy is to put its biggest guns on its biggest problems.
News
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).
Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
Tesla analysts believe Musk and Trump feud will pass
Tesla scrambles after Musk sidekick exit, CEO takes over sales
Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
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