AutoExec Summary
Hyundai’s top Australian management has confirmed a sub-$40,000 target price for the 2024 Hyundai Inster, potentially making it one of Australia’s cheapest EVs and the most affordable electric SUV. However, there is no guarantee that this price will be achieved. The Inster will arrive in Australia in early 2025 with two battery options, and a more rugged Inster Cross is also in development. Hyundai aims to boost its EV sales significantly with the more affordable Inster model. Pricing details are still being finalized, with an estimated starting price of around $40,000 based on the European starting price.
Brands mentioned: Hyundai, GWM Ora, BYD, MG.
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