Hyundai Kona Electric Achieves J.D. Power's 2025 Best-in-Class Residual Value Award For Mainstream EV SUVs

The 2025 Hyundai Kona Electric has been awarded the J.D. Power 2025 Best-in-Class Residual Value Award in the new Mainstream EV SUV category. This accolade recognises vehicles expected to maintain the highest resale value over three years. The Hyundai Santa Fe and IONIQ 6 also performed well, securing second place in their respective segments.

Residual values are crucial for buyers as they impact total ownership costs and lease affordability. These awards highlight vehicles that are projected to retain a significant portion of their original price, making them attractive options for consumers concerned about long-term value.

Hyundai Kona Electric Wins J.D. Power Award
Hyundai Kona Electric Wins J.D. Power Award
Hyundai Kona Electric Wins J.D. Power Award
Hyundai Kona Electric Wins J.D. Power Award
Hyundai Kona Electric Wins J.D. Power Award
Hyundai Kona Electric Wins J.D. Power Award

Hyundai Motor America emphasised its dedication to providing quality vehicles that meet customer needs. Olabisi Boyle, senior vice president of product planning and mobility strategy at Hyundai Motor North America, stated, "This JD Power Residual Value Award underscores our commitment to delivering high-quality, desirable vehicles that meet the needs of our customers."

The Kona Electric is celebrated for its advanced electric performance and innovative design, catering to evolving consumer demands. It was photographed near Yucca Valley, California, on March 15, 2023. Meanwhile, the Santa Fe ranked second in the midsize SUV 3-row segment, highlighting its retained value after three years of ownership.

The IONIQ 6 also secured second place in its mass-market electric vehicle category. This sleek sedan showcases Hyundai's commitment to producing desirable electric vehicles with long-range capabilities. It was photographed in Scottsdale, Arizona, on March 28, 2023.

J.D. Power ALG Residual Value Awards

The J.D. Power ALG Residual Value Awards serve as a benchmark for understanding projected resale value. These awards evaluate models based on used vehicle performance and brand outlook across various segments. In 2025, 293 models were assessed for their potential to retain value over three years.

J.D. Power is renowned for its expertise in automotive data analytics and consumer insights. Founded in 1968, it operates globally with offices in North America, Europe, and Asia Pacific. The company provides industry intelligence and advisory solutions to optimise business performance.

Hyundai Motor America's Contribution

Hyundai Motor America offers a diverse range of technology-rich cars and SUVs in the U.S., supporting Hyundai Motor Company's vision of Progress for Humanity. With significant operations across the country, including an assembly plant in Alabama and several R&D facilities, Hyundai contributes $20.1 billion annually to the U.S. economy and supports 190,000 jobs.

This recognition from J.D. Power highlights Hyundai's ongoing efforts to deliver attractive products with strong resale values. As vehicle prices rise, these awards become increasingly important for consumers seeking affordable ownership options.

Article Published On: Tuesday, November 19, 2024, 22:02 [IST]
Read more on: #global #hyundai
Notifications
Settings
Clear Notifications
Notifications
Use the toggle to switch on notifications
  • Block for 8 hours
  • Block for 12 hours
  • Block for 24 hours
  • Don't block
Gender
Select your Gender
  • Male
  • Female
  • Others
Age
Select your Age Range
  • Under 18
  • 18 to 25
  • 26 to 35
  • 36 to 45
  • 45 to 55
  • 55+