Hyundai Inster News
'We're a tech company': Hyundai boss
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By Stephen Ottley · 12 Jul 2026
If you can’t beat ‘em, join ‘em. As the automotive world embraces technology at a rapid rate with autonomous driving, connected cars and electrification, even the biggest names in the business are forced to reinvent themselves. Hyundai, the world’s third largest car brand, has declared that it is no longer simply a car maker but is something more.“ So we are not a normal OEM , “ declared Jose Munoz, global president and CEO of Hyundai Motor Company. “I think by now you've seen that we are more of a tech company that happens to be also an OEM.”Munoz explained why this is more than simply a rebranding exercise to compete with the likes of Tesla and other emerging brands from China that straddle the world of technology and cars, pointing to Hyundai Group’s expansive portfolio of companies.“Because we control, we own, Boston Dynamics,” he said.“We created a lot of companies related to autonomous driving, like 42Dot, Motional. We have made the best deal ever with Waymo on literally tens of thousands of robotaxis that we're gonna produce in the United States and expand it to the world. And we… with local partners like Momenta in China. We got an exclusive supply from NVIDIA… and we also have a fantastic partnership with the state-of-the-art, the number one company in the world, which is Amazon. Not to mention others like Santander, GM, TBS In India, Mubadala in the Middle East, etc.”The deals he is referring to include the robotics company Boston Dynamics, which Hyundai took ownership of in 2020 and specialises in commercially available robots. While 42Dot and Motional are both autonomous driving software companies owned by Hyundai but based in South Korea and the USA, respectively, and Momenta is a Chinese joint-venture in the same space.Hyundai’s deal with Amazon is described as a ‘broad partnership’ that encompasses a variety of deals including online vehicle sales in select markets as well as the integration of Amazon Alexa into Hyundai vehicles and the car maker’s use of Amazon Web Services.This all comes in addition to Hyundai Group’s diverse business interests that include making its own steel, container ships and logistics businesses that can all help with the production and distribution of its cars.“So our group is not a normal group, so we have a lot of companies,” Munoz added.“We won't get into all the details, but you can see we have more than 50 affiliated companies in all areas of the business. So not only vertically integrated and creating the steel, also the distribution with Glovis, with our own advertising with Innocean. But then we are in many other businesses like robots for the factories. And then as mentioned, sales finance, Rotem in the military and other applications.”All this investment in technology is part of a plan to not only ensure the business is ready for what car buyers are interested in, but also make Hyundai appealing to investors and drive the share price up.“So I think the result is fantastic, and obviously, this is being accompanied by the top rating in the world in terms of the financial performance,” Munoz said.It appears to be working, with Hyundai Motor Company’s share price dramatically increasing over the past three years, despite up and down sales numbers - particularly in Australia.
Five smallest cars in Australia
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By Laura Berry · 13 Jun 2026
Australia might be a big country, but we do like our small cars.These little vehicles are generally affordable and typically energy efficient — both the petrol and electric ones. They also fit into tight car spaces and zip through narrow city streets. These pint-sized machines can be fun and easy to drive, which makes them great first cars or even last cars for those who don’t need something giant.So, we have compiled a list of the five smallest cars in Australia.Dimensions: 3860mm long, 1735mm wide, 1520mm tallWho doesn’t like a Suzuki Swift? This Aussie favourite has just scraped into our top five at just under 3.9m long. The Swift is loved for its practicality, with four doors and five seats, and it’s fun-to-drive nature - especially the Sport version. There’s a choice of hybrid and pure petrol powertrains, but no fully electric Swift unfortunately. The Swift scored three stars out of five in its ANCAP safety test in 2024. Prices start at $24,990 drive-away. Dimensions: 3858mm, 1967 wide, 1460mm tallWhoever said Minis were now so big they’re no longer mini was wrong - also, that was me who said it. The Mini Cooper three-door is the miniest Mini, and the electric version is a tad shorter than the petrol variant. And while it is shortest in height here and only just 3.8m long it’s actually the widest in our top five. The Mini Cooper has four seats, a 210-litre boot and scored the maximum five-star ANCAP rating.Prices start at $53,990 for the electric variant and $41,990 for the petrol version.Dimensions: 3825mm long, 1610 wide, 1575mm tallThe Hyundai Inster is a fully electric little SUV with four doors, four seats and a 351-litre boot.A range of up to 360km makes it very usable for city dwellers, or those who don’t do many miles each week.The Inster has rugged but cute looks, and a starting price of $39,000 makes the Inster a very affordable EV.The Inster scored four out of five stars in ANCAP tests. Dimensions: 3631mm, 1900mm wide, 1529mm tall The Fiat 500e has two doors, five seats and a 185-litre boot. Yep, it’s probably the least practical tiny car on our list but it's also one of the most fun to drive with its electric powertrain.It's a small car with a big price. The 500e starts at $58,900. Yes, that's outrageous, and we wouldn't be surprised if at some point the 500e is withdrawn from Australia due to the low sales. Still that might be a good way to bargain your way into one.It also scored four stars in safety tests.Dimensions: 3595mm long, 1595mm wide, 1485mm tallThe Kia Picanto is our top five tiny cars winner at less than 3.6m long. It’s also the most popular micro car in Australia and it's easy to see why. Its starting price is $19,190, the value and standard features are outstanding and it’s good looking. Four doors, five seats and 255 litres of boot space. It’s smaller than it sounds, seriously. There’s no EV version of the Picanto, and the one sold in Australia has a four cylinder petrol engine. The four-star ANCAP rating from 2017 is now out of date.
Big name EVs now up to $13,000 cheaper
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By Dom Tripolone · 20 May 2026
There is good news for car buyers as brands slash the price of EVs to boost demand as competition increases.Hyundai is the latest brand to offer some very generous discounts across its range of quality electric vehicles.The Korean maker has cut prices and deleted on-road costs, with some models now more than $13,000 cheaper.Leading the discounts is the electric version of the popular Kona compact SUV.The Kona EV Standard Range is now $45,990 drive-away, which is about $13,000 cheaper depending on what state you are in.This version uses a circa-48kWh battery to deliver a driving range of up to 370km.The Extended Range version is now $50,990, or about $12,400 cheaper, and lifts the driving range to more than 500km.Better-equipped Premium Extended Range versions and sporty looking N-Line examples are between $11,600 and $12,900 more affordable.Hyundai has also sliced thousands off the recently launched Elexio mid-size SUV.The China-sourced EV, which is related to the strong-selling Kia EV5, is down to $57,990 for the base version and $59,990 for the Elite version that comes with more stuff as standard.The Elexio packs an roughly 88kWh battery that delivers a driving range of up to 562km.Both grades use a single motor to make 160kW/310Nm sent to the front wheels. Hyundai is also getting generous with its pint-sized Inster. The Standard Range version is now about $4300 cheaper at $38,990.The base Inster is well suited to city motoring, and an ideal second car. It is one of the shortest cars on the market and has seating for four.A little 42kWh battery enables a driving range of up 327km. It is extremely light for an EV and its 71kW and 147Nm electric motor makes it feel peppy.The critically acclaimed Ioniq 5 medium SUV has also been given a big price cut.A base Ioniq 5 RWD is now about $10,500 cheaper at $71,990, and the Elite grade now starts at $78,990, which represents a saving of almost $9000.Fully loaded Ioniq 5 N-Line Premium AWD is now $87,990, or almost $11,000 cheaper.The Ioniq 5 was crowned CarsGuide’s 2026 Best SUV Under $130K, with single-motor 168kW/350Nm and dual-motor 239kW/605Nm versions impressing.Driving range varies from 495km for the heavier dual-motor version to 570km in the base RWD example.The catch? You need to be quick as customers must take delivery by the end of the month.Hyundai electric car deals
Major brand's game-changing EV sales surge
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By Tim Gibson · 17 Apr 2026
A major brand in Australia has picked up its electric vehicle game in 2026. Hyundai has seen its EV numbers boom in Australia as it receives increased supply and orders. Supply (including unsold and pre-built stock) of its SUVs, including the Inster, Kona Electric, Elexio and Ioniq 5 have all risen by at least 50 per cent comparing Q1 to Q2. Supply of the Inster compact SUV is up 204 per cent, while the Kona Electric has risen to 315 per cent.The Elexio and Ioniq also has supply increases of upwards of 55 per cent.This has coincided with substantial boosts to order numbers between January and February and March and April. Inster orders rose by 205 per cent, the Kona Electric up 298 per cent, with the Ioniq 5 up 187 per cent. The Kona Electric had previously lagged significantly behind petrol and hybrid variants of the car on the sales charts, but this latest data shows it is catching up quickly.It's a positive boost for the Korean brand, which has previously been embattled by more affordable electric rivals from the likes of BYD and MG.Hyundai’s Australian Director of Sales David Rodda said confidence in buying EVs has increased substantially in recent times. "Anyone who was previously only considering an EV as a future purchase is now completely confident in making that decision, given the benefits of ownership,” Rodda said."Hyundai Australia has secured a 158% supply increase of EVs for quarter two to meet this unprecedented level of demand.“These vehicles will start to arrive from May due to the fast supply chain out of Korea. We are confident in securing equally strong support from the factory for the rest of the year."This EV sales spike is a welcome boost for Hyundai, following the announcement of the results for the first round of the National Vehicle Efficiency Standard (NVES).The brand incurred more than 84,000 liabilities for the 2025 NVES performance period, which was one of the highest, behind only Nissan, Subaru and Mazda. It is not just EVs which are tracking nicely for Hyundai, with hybrids also gaining increased attention, according to Rodda."Hyundai also grew hybrid orders from 3,049 in February to 3,966 in March, a 30% increase. In fact, 57% of Hyundai Australia's orders in March were for hybrids - that's the biggest percentage ever for us, and the highest in the Australian industry."Hyundai is also planning to bring in new EV models in the coming months, most notably the Staria commercial van and the Ioniq 3 hatch.The latter will be officially revealed globally soon and is confirmed for arrival in Australia, likely as an electric replacement for the gap left by the discontinuation of the previously-popular i30 hatchback.
Prices slashed by up to $30,000 on EVs!
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By Byron Mathioudakis · 18 Mar 2026
What a month! The war in the Middle East has created serious panic for commuters stung by soaring fuel prices.A way out of that spiral is getting into an electric vehicle (EV), and there are still several models available at heavily-discounted prices to make the transition from internal combustion engines easier.Here are a handful of electric bargains we found online at a minimum of 30 per cent off retail, with odometers capped at 10,000km for that fresh-car feel. Many had barely breached 2500km.To be sure, there must have been at least three examples at the lower prices advertised to make this list at the time of publishing. Most are dealer demonstrators, and all will bring savings if you depend on your vehicle on a daily basis, since the bulk of their early depreciation has already occurred.Kia Niro EVThe second-gen Niro launched in 2022 from an eye-watering $65K, putting punters off from what was a pleasant, competent and likeable mid-sized crossover EV. Sales stalled, and Kia discontinued it. But there are still a handful of MY23 demos at under $40K. That’s over 40 per cent off retail!New price: $65,300 before ORCSeen for: $36,000 drive-away (MY23, demo)Hyundai InsterCharming, chuckable and ideal for urban commutes, the Inster can be had for over 33 per cent off retail if you’re willing to snap up one of the demos doted around the country.New price: $43,500 drive-awaySeen for: $28,990 drive-away (MY25, demo)Renault Kangoo E-TechAbout a half-dozen demo examples of Renault’s terrific little Kangoo E-Tech from 2023 are still available for under $40K, representing another 40 per cent saving. The little French van is also indecently fun. What a bargain!New price: $66,500 before ORCSeen for: $38,000 drive-away (MY23, demo)Hyundai Kona ElectricSpacious, agile and refined, the electric version of the Kona small SUV punches above its weight, as reflected by its current mid-fifties price point. Which means that a 30 per cent saving with just 3000km on the odo make this a no-brainer buy.New price: $54,000 before ORCSeen for: $38,000 (MY24 demo)Audi Q4 45 e-tronOne of our favourite premium EV SUVs, the Q4 e-tron combines high couture with sophisticated engineering, for an on-brand luxury experience that will have you seeking the long way home.New price: $93,000 drive-awaySeen for: $66,000 drive-away (MY25, demo)Ford Mustang Mach-E SelectThe Mustang Mach-E is an enigma. Disregard the baggage associated with the pony-car image and instead revel in a sporty, dynamic and surprisingly practical family car with ample range. Yes, it’s the pre-facelift model, but the savings are worth it.New price: $73,400 drive-awaySeen for: $50,000 drive-away (MY23, demo)Jeep AvengerArguably the most athletic Jeep in history, the Avenger is a sweet-driving, decently packaged and well-presented city-sized SUV with relatively minor off-road capabilities. Built in Poland, it’s related to the Peugeot 2008 EV.New price: $53,990 before ORCSeen for: $37,000 drive-away (MY24, demo)Subaru Solterra TouringSubaru’s version of the Toyota bZ4X has really struggled to secure buyers, with the up-spec Touring launching at nearly $84K before quickly being reduced to $77K. Though facelifted and improved, there are loaded demos advertised in the low-fifties drive-away, offering a lot of EV for the money.New price: $76,990 before ORCSeen for: $53,000 drive-away (MY24, demo)Fiat 500eItalians know how to make a chic urban runabout and Fiat’s stylish 500e is no exception. Rapid yet refined, its small battery is quick to charge, still provides over 311km of WLTP range and the handling is a lot of fun.New price: $52,500 before ORCSeen for: $36,000 drive-away (MY23, demo)
Brand slashes EV prices by up to $34,000!
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By James Cleary · 07 Oct 2025
Hyundai Australia has reached into the depths of its financial pockets to reduce the price of selected models across its portfolio of pure-electric models by between seven and 38 per cent.In place for the fourth quarter of this year, the new drive-away prices apply nationally to specific versions of the Kona Electric small SUV, Ioniq 5 medium SUV, Inster city hatch and Ioniq 6 sedan.The catalyst for the clean out is shifting cars currently on the ground in Australia, including stocks of 2023 model year examples of certain models, while new orders are also included on others.A single Kona Electric model, the Standard Range, has been reduced by 15 per cent, the Ioniq 5 Standard Range is down 13 per cent and three versions of the Inster light hatch have been discounted by between seven and eight per cent.For all of the above, offers apply to existing stock or new orders delivered before December 31, 2025 with no restriction on model year.But the jaw-dropping repositioning is reserved for 2023 model year examples of the Ioniq 6 sedan, reduced by between 35 and a whopping 38 per cent. Specifically, 115 cars celebrating their second birthday in stock in Australia.The entry-level Ioniq 6 Dynamic is a single-motor, rear-wheel drive sedan with 168kW/350Nm, a 77.4kWh lithium-ion battery and a 614km WLTP range. The MY23 version's price has been reduced by more than $27,000 to $49,990, drive-away.The mid-grade Techniq is a dual-motor, all-wheel drive which ups power to 239kW/605Nm while range from the same 77.4kWh battery is limited to 519km. The ask here is $54,990, drive-away, which is a 38 per cent reduction on the standard D/A price.Then the flagship Epiq adds a higher standard specification to the dual-motor powertrain with no less than $34K lopped off the D/A pricing for a MY23 example. Asked whether the reductions may continue into the new year a Hyundai Australia spokesperson told CarsGuide there are “no plans to continue into 2026 at this stage”.
Kia to democratise EVs with EV2 SUV baby and EV1 mini
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By Byron Mathioudakis · 16 Aug 2025
Kia is frantically working on a pair of small electric vehicles (EVs) that could reshape the bottom end of the new-car market by bringing near-price parity with internal combustion engine alternatives. The big news is that both the EV2 small crossover expected to debut sometime next year and its EV1 city-car sibling due a little later on are under serious consideration for Australia. This is despite being readied for production out of Slovakia, due to EV tax concessions as well as vast economies of scale that should help contain prices if or when they land here.
Another Hyundai misses out on five-star ANCAP rating
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By Jack Quick · 10 Jul 2025
Australia’s independent crash testing authority, ANCAP, has just detailed its latest dump of safety ratings.
Geely Geome EV crossover in crosshairs for Oz
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By Byron Mathioudakis · 07 May 2025
Geely is contemplating adding the Geome supermini/crossover electric vehicle to take on the BYD Dolphin and Hyundai Inster EVs in Australia, as well hybrids like the Toyota Yaris Cross and Subaru Crosstrek. If given the go-ahead, the keenly-priced, Kia Stonic-sized five-door Geome could land here with a mid-to-high $20,000 price tag, which could make it Australia’s cheapest new EV yet.
Stylish or cheap: Why your EV can't be both
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By Stephen Ottley · 26 Apr 2025
What price do you put on style? If you’re Hyundai, it’s $39,000 (plus on-road costs), which is the starting price of its all-new Inster compact electric vehicle.But while that makes it more expensive than its direct competitors, Hyundai’s global design boss has said that’s a cost the company must pay.SangYup Lee, Executive Vice President and Head of Hyundai and Genesis Global Design Centre, explained that while the brand could have decided to make the Inster cheaper, the priority was to create a lasting first impression to the Hyundai brand for new buyers it hopes to attract.“ This is our challenge,” Lee told CarsGuide. “But at the same time, when it comes to EV of the Year, Inster, that is the gateway car for first-time users, and a lot of young Gen Z players buying this car. So for me, the entry-level car, the first car is so important because a gateway for our product. So we just want to make sure it has a lot of character.”He said the recently revealed Insteroid concept car is an extension of this design philosophy, playing with the idea of fun and youthful design that will try to speak to a new generation of customers - rather than making the cheapest, most-affordable model possible - even if it means standing out from other models in the Hyundai line-up.“Sometimes when you look at it, you have a smile on your face. And then you see in the Insteroid that is our video game car, it's all about ,” Lee explained.“When you look at it, you have a smile on your face. So you don't have to have exactly the same face as Palisade to the Inster. So this is all about, we have to really target our customers. And at the end of it, I must say there's nothing wrong with what other brands do versus what we are doing and the customer will make a decision. I really believe this is the customer’s decision.”With its $39,000 starting price the Inster is notably more expensive than its nearest rivals, which all happen to be from relatively new Chinese car brands. The BYD Dolphin starts at $29,990 (plus on-road costs), the GWM Ora costs $35,990 drive-away and the MG4 is priced from $37,990 (plus on-road costs).Despite the cheaper prices, Lee has nothing but compliments for his Chinese rivals, but stressed Hyundai has different priorities as a more established carmaker, particularly when it comes to longevity of design and vehicle reliability.“I have a huge respect for Chinese brands because in such a short amount of time, they challenge a lot,” the Hyundai design boss said. “But we are a traditional OEM and we also are taking care of our customers on the fundamental side of it, most important safety."I mean, of course you love to have karaoke inside of a car and everything together, but a car is a form of transportation. You travel with your family, the safety is something you cannot compromise and therefore the usability and all the things, et cetera. And then we are actually adding the value. For the high techs and also connected and everything together. And so this is actually a bit of the priority difference, I would say.“But once again, that’s okay, this is our philosophy, which we believe is a very important philosophy, a customer able to choose at the end of it. Because for me, a brand-new car is cool, but cars on the street are even more important because I see the value of the car when the car has been out there at least five years and parked on the street."Is the car still stable? Is the car still easy to use and doesn't get dated soon? I think those are the very important factors when you design a car.”Fresh from claiming the title of EV of the Year at the World Car of the Year Awards, the Inster is due to launch in Australia by the middle of the year.