Hyundai Confirms $59,990 Drive-Away Elexio EV for Australia in Q1 2026
Hyundai positions the locally tuned, China-built SUV as a sharp-priced rival to Kia EV5, Tesla Model Y.
Overview
- The Elexio will launch in a single Elite grade priced at $59,990 drive-away, undercutting the Kia EV5 Air Long Range and coming in cheaper than a Model Y once on-road costs are included.
- The front-wheel-drive setup pairs a 160kW/310Nm motor with an ~88kWh LFP battery for a WLTP-rated range of up to 546km.
- Hyundai cites a 10–80% DC fast-charge time of about 38 minutes on high-power chargers, with the model using a 400-volt version of the E-GMP architecture.
- Australian-market cars receive bespoke steering and suspension tuning, and production is handled in China by the Beijing Hyundai joint venture with BAIC.
- Standard kit includes a 27-inch Connect-C display, heated and ventilated front seats, 20-inch wheels and a full ADAS suite, backed by a seven-year vehicle warranty and an eight-year/160,000km battery warranty, with final specs to be confirmed before showroom arrivals by the end of March.