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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

Elon Musk gives his most telling Tesla-SpaceX merger conversation yet

Elon Musk hinted a Tesla-SpaceX merger could be coming, and Wall Street is taking notice.

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Elon Musk gave his clearest signal yet that Tesla and SpaceX could eventually combine, telling the All-In Summit in Los Angeles that the two companies’ deepening collaboration makes the question worth asking. Sawyer Merritt first surfaced the highlight on X Tuesday.

Asked directly why Tesla and SpaceX remain separate given how closely they already work together, Musk told hosts at the summit: “Great question there. With all this collaboration, on so many levels, who can imagine what action one might take when there’s so much close collaboration in so many areas.” SpaceX President Gwynne Shotwell, who joined Musk on stage, added that SpaceX personnel have already moved into xAI to fill leadership and engineering gaps, saying the businesses are integrating “faster than I thought,” though “not fully integrated yet,”

The comments landed on top of merger speculation that has been building on Wall Street for months. JPMorgan has called a tie-up “strategically coherent on paper,” pointing to overlapping ambitions in AI, robotics, energy, transportation and space. Jefferies went further, estimating Musk could retain roughly 55.3 percent voting control in a deal structured without a premium, a scenario that would still leave room for Tesla shareholders to come out ahead. On Kalshi, traders now put the odds of a merger before 2028 at 66 percent.

Tesla’s stake in SpaceX, still under one percent, traces back to its earlier investment in xAI, which converted to SpaceX equity after SpaceX absorbed the AI company. The two are also jointly building Terafab, a chip facility in Austin meant to serve both Tesla’s AI computing needs and SpaceX’s satellite ambitions. Wedbush analyst Dan Ives has stood by a 2027 merger timeline for months, and Cathie Wood’s ARK Invest recently floated a similar case, an idea Musk pushed back on directly at the time.

Another Tesla SpaceX merger prediction by ARK Invest has Elon Musk talking

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The timing adds another layer. Tesla has scheduled an October 1 unveiling for its next generation Roadster at a venue near SpaceX’s McGregor, Texas test site, using the phrase “Go for launch” in its promotional material. Both stocks dipped roughly 2 percent Monday before recovering slightly in premarket trading Tuesday, with SpaceX shares up about 0.4 percent and Tesla essentially flat.

Musk stopped short of confirming anything is in motion. But unlike his past denials of a corporate restructuring, this response didn’t rule one out, and it came with Shotwell sitting next to him describing an integration that’s already underway.

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Tesla Roadster unveiling is getting hyped up by Elon Musk

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tesla roadster
Credit: Petersen Auto Museum

The Tesla Roadster unveiling is getting hyped up by the company’s CEO Elon Musk, who has been a big reason the product has such high expectations due to delayed timelines and a constant need to make it even more insane than before.

Tesla announced on September 12 that it would officially unveil the Roadster in Waco, Texas, on October 1, ending years of patience for fans and reservation holders who have waited for the all-electric supercar to enter production since 2017.

Musk has said that this event will be well worth the wait on several occasions, and last year on the Joe Rogan Experience, he said that there should be a closing chapter to supercars- the end of cars that aren’t focused on safety.

He said:

“Whether it’s good or bad, it will be unforgettable. My friend Peter Thiel once reflected that the future was supposed to have flying cars, but we don’t have flying cars. I think if Peter wants a flying car, he should be able to buy one. I think it has a shot at being the most memorable product unveil ever. This is some crazy technology in this car. Let’s just put it this way: if you took all the James Bond cars and combined them, it’s crazier than that.”

Musk’s teases have continued, and now that the event is roughly two weeks away, it seems like Roadster is finally going to show up and blow some minds:

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Tesla has definitely dragged out the development of the Roadster, but there is a good reason for it.

Tesla has been working on many other projects, most notably self-driving efforts to increase passenger safety, and those simply took priority over the Roadster, a low-volume, high-performance sports car that has a lightning-fast acceleration rate of 0-60 MPH in just 1.1 seconds, could potentially fly, and contributes very little to the company’s mission.

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However, many people have the Roadster on pre-order through the referral program or with their own money, and it is time that Tesla delivers on that.

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Elon Musk’s Boring Company has big plans for Las Vegas by year’s end

Elon Musk’s Boring Company says Vegas Loop stations will double by year end once again.

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the boring company's vegas loop entrance

The Boring Company says the Vegas Loop’s station count will double by the end of the year, tying the target to a hiring push for drivers and operations managers in Las Vegas. “Vegas Loop is getting bigger – the station count will double by end of year!” the company wrote in a post on X, attaching listings for a Loop driver and a senior Loop operations manager.

The number checks out against what’s already public, with the Vegas Loop currently running 14 operational stations, while the Boring Company’s own project page lists 28 as the target for the end of 2026.

Much of that growth is tied to tunnels that are already built and waiting on an opening date. A roughly two-mile dual tunnel system under Paradise Road, connecting Westgate to a planned station at 4744 Paradise Road, is expected to open in stages over the coming weeks, Las Vegas Convention and Visitors Authority chief executive Steve Hill told the Review-Journal last week. New stations at 4744 Paradise, Virgin Hotels Las Vegas, and the former Gordon Biersch site would come online with it, several of them built to speed up rides to Harry Reid International Airport ahead of Formula 1’s Las Vegas Grand Prix.

Clark County entitled Vegas Loop for 123 stations after approving 19 more in August, as Teslarati reported at the time. Entitlement and construction move at different speeds on this project, so county approval alone does not guarantee a station opens on any particular schedule.

Clark County approved 18 additional stations back in 2023, part of a plan that pushed the system’s target to 69 stations across 65 miles, doubling the network on paper for the first time. The target kept climbing after that, to roughly 93 stations by the end of that year and 104 by last year, before August’s vote pushed it to 123. This week’s announcement is the first time that doubling language has been attached to stations actually running rather than stations merely approved on a county map.

Ridership gives some sense of what a denser network could carry. Boring Company executive Mike Baier said in July that the Vegas Loop already moves around 40,000 passengers on busy convention days, a total that tops most light rail systems in the country despite the system running on a fraction of its planned tunnel mileage. Company leadership has projected ridership could triple or quadruple once the airport connector tunnels fully open.

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Boring Company did not say which stations beyond those already under construction would open by year end, or whether the hiring push points to a fleet expansion alongside the new stops.

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