Skip to main content

Hyundai’s subcompact Inster is an affordable EV that might be out of reach

Teaser image showing a front-quarter view of the Hyundai Inster.
Hyundai

Automakers are announcing lots of new EVs, but affordable models are unfortunately rare. Hyundai is bucking the trend toward bigger, pricier models with the Inster, a subcompact electric SUV scheduled to debut at the Busan International Mobility Show in South Korea later this month.

Named after the words “intimate” and “innovative,” but also throwing back to the old Hyundai Veloster, the Inster will be one of the smallest EVs in Hyundai’s lineup. However, it will offer more extensive technology and safety features than buyers typically expect in this class, according to a Hyundai press release. The automaker also promises up to 220 miles of range, as measured on the European WLTP testing cycle. That likely equates to a sub-200-mile range with the testing procedure used in the United States.

Recommended Videos

Hyundai isn’t ready to fully reveal the Inster, but teaser images hint at some interesting styling elements. Split headlights feature thin horizontal upper and large round lower elements, while the taillights have the same pixelated look as those on the Hyundai Ioniq 5. The Inster also has a boxy profile not unlike the current gasoline Hyundai Venue.

The Inster may not make it to the U.S., though. Hyundai considers this an electric evolution of the Korea-only Casper (it will be sold as the Casper Electric in that country), and the styling has some similarities to that model. The Casper is much smaller than any Hyundai currently sold in the U.S., which makes any electric derivative a long shot for this market.

For now, the Hyundai Kona Electric is one of the least-expensive new EVs currently sold in the U.S. Pricing starts at $34,050 for a base SE model with a 48.6-kilowatt-hour battery pack affording 200 miles of range. The Kona Electric currently undercuts other entry-level EVs like the Volkswagen ID.4 and Kia Niro EV. The Nissan Leaf is cheaper, but only if you opt for the 40-kWh S base model, with 149 miles of range.

Other affordable EVs are on the way. The Kia EV3 is a small SUV rumored to likely reach the U.S. in 2025 with a relatively low base price. And the Chevrolet Bolt EV is getting a reboot using General Motors’ latest Ultium battery architecture.

Stephen Edelstein
Stephen is a freelance automotive journalist covering all things cars. He likes anything with four wheels, from classic cars…
Want to lease an EV? The Hyundai Ioniq 5 is incredibly cheap right now
2022 Hyundai Ioniq 5 Limited AWD rear end side profile from driver's side with trees and a metal fence in the back.

The Hyundai Ioniq 5 has long been one of the most-loved electric vehicles, thanks to its unique and sleek design, solid range and charging speed, and reasonable price. But, it turns out, that price is even more reasonable than you might think -- if you're willing to lease it.
Current offers
Hyundai has been very aggressive in trying to get Ioniq 5 units into the hands of customers, and at the time of this writing, you could lease the vehicle for as little as $219 per month for 36 months, with $3,486.45 due at signing. Over the 36 months, that equates to around $315.85 per month. Not bad at all. That's for the Ioniq 5 SE, which is the entry-level model.

To be fair, this particular lease deal expires on July 1, which is the day of writing this piece. However, it's not alone -- and as mentioned, Hyundai has been pretty consistent in offering the Ioniq 5 at incredibly low prices. As Electrek points out, this lease price is a lower price than the lease price for the Nissan Versa, which is the cheapest car in America to buy.

Read more
Revamped Lucid Air shows this luxury EV’s bandwidth
Front three quarter view of a beige 2024 Lucid Air Touring.

If you’re only going to sell one car, you’d better make it count.

The Lucid Air electric car finally took flight in 2020 after years in financial limbo. While Lucid plans to launch an SUV called the Gravity and a line of smaller, more mainstream models, the Air remains Lucid’s sole product nearly four years after its launch. The Air has evolved in that time, adding multiple configurations that allow this one car to fill several niches.

Read more
Jeep joins the EV party with the 600-horsepower Wagoneer S
Front view of a 2024 Jeep Wagoneer S driving on a city street.

After getting things rolling with plug-in hybrids, Jeeps’ electrification plans are picking up speed. Scheduled to reach dealerships this fall, the 2024 Jeep Wagoneer S is the brand’s first EV for North America.

The Wagoneer name is right up there with Wrangler and Grand Cherokee in Jeep lore. The original Jeep Wagoneer was one of the first truly civilized SUVs and became the namesake for a modern sub-brand encompassing the Wagoneer and Grand Wagoneer, two leviathan gas guzzlers that went on sale as 2022 models. The Wagoneer S shares little with these SUVs besides a name.

Read more