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Is this Australia's new cheapest electric car? Hyundai tease new sub-$35,000 Inster electric SUV to undercut the BYD Dolphin, GWM Ora and MG4

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Hyundai Inster teaser.
Hyundai Inster teaser.

Hyundai is preparing to launch Australia’s cheapest electric car.

The South Korean maker has teased its new Inster mini electric SUV.

It is based on the current Casper micro SUV that is available in Korea and Hyundai has previously said it was targeting a circa €20,000 ($32,500) starting price for the EV.

This would undercut the current cheapest EVs on sale by a significant margin. 

The GWM Ora electric hatchback starts at $35,990 drive-away, BYD’s Dolphin kicks off at $38,890 (before on-road costs) and the cheapest MG4 is $39,990 drive-away.

Hyundai hasn’t revealed many details of the Inster but it will have a driving range up to 355km.

Hyundai Inster
Hyundai Inster

The company said the Inster “will set new standards in terms of driving range, technology, and safety features, redefining what buyers can expect from a vehicle in this class”.

A teaser image shows the car's taillights, which has the same digital retro vibe as the Hyundai Ioniq 5 that means it could borrow design cues from its bigger sibling and the petrol Casper.

The Inster will be revealed at Busan motor show at the end of June with production believed to kick off early next year and global deliveries to commence in mid-2025.

Hyundai Casper
Hyundai Casper

Established carmakers are now preparing to roll out an array of cheap, small EVs targeted at the everyday driver.

Volkswagen recently confirmed it’ll build a circa-$30,000 EV with its coming ID.1 hatchback

That price puts it in the same ballpark as an entry-level Mazda3 or a fully-loaded Mazda2.

Hyundai Casper
Hyundai Casper

The German company is also developing a Polo-sized ID.2, which will spawn an electric hatchback from Cupra and Skoda.

Jeep, Citroen and Renault are rolling out little EVs at a similar price and Kia will launch the EV3 small electric SUV in Australia next month.

Kia will have a version of the Inster, too, likely to be named the EV2.

Dom Tripolone
News Editor
Dom is Sydney born and raised and one of his earliest memories of cars is sitting in the back seat of his dad's BMW coupe that smelled like sawdust. He aspired to be a newspaper journalist from a young age and started his career at the Sydney Morning Herald working in the Drive section before moving over to News Corp to report on all things motoring across the company's newspapers and digital websites. Dom has embraced the digital revolution and joined CarsGuide as News Editor, where he finds joy in searching out the most interesting and fast-paced news stories on the brands you love. In his spare time Dom can be found driving his young son from park to park.
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