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Hyundai Launches Electric Grant Offering Up To £3,750 Off Its EV Range In The UK
Hyundai UK has introduced the Hyundai Electric Grant, offering immediate savings on its electric vehicles. Customers can enjoy a £3,750 discount on the 2025 World EV of the Year, INSTER, and £1,500 off other award-winning models like KONA Electric and IONIQ 5. This initiative aims to make electric mobility more accessible by providing financial clarity and support.
The grant is available across Hyundai UK's national Retailer network and applies to all retail purchases. Hyundai's diverse electric vehicle lineup includes the compact INSTER and the flagship IONIQ 9 SUV. The company also offers 24-hour test drives for potential buyers to experience how an EV fits into their lifestyle.
Hyundai's commitment to electric mobility aligns with its goal of achieving carbon neutrality by 2045. The grant supports this vision by encouraging more customers to switch to electric vehicles. Ashley Andrew, President of Hyundai and Genesis UK, emphasised the importance of providing clarity, choice, and value in the evolving EV landscape.
"As the electric vehicle landscape continues to evolve, it is important that customers have complete clarity, choice and compelling value when making the switch to electric," said Andrew. "By providing immediate financial support through our grant programme, we're ensuring that more customers can experience the significant long-term savings that come with electric driving."
The Hyundai Electric Grant covers a range of models including the INSTER, IONIQ 5, IONIQ 6, IONIQ 5 N, and KONA Electric. These models are known for their performance and innovation. The newly launched IONIQ 9 offers a three-row seating arrangement with advanced technology features.
Until August 31st, an additional £500 discount is available on INSTER and KONA Electric as part of Hyundai’s Electrifying Summer Event. This further enhances the appeal of Hyundai's electric offerings during this promotional period.
Hyundai's Global Presence
Established in 1967, Hyundai Motor Company operates in over 200 countries with more than 120,000 employees worldwide. The company focuses on real-world mobility challenges and aims to transform into a Smart Mobility Solution Provider through investments in advanced technologies like robotics and Advanced Air Mobility (AAM).
In Europe, Hyundai Motor Europe HQ manages sales across 47 countries from its base in Offenbach, Germany. With a market share of 4.2% in early 2023, over 70% of vehicles sold are engineered in Europe. Zero-emission vehicles account for about 16.1% of sales in this region.
Hyundai UK's Market Performance
Since entering the UK market in 1982, Hyundai has established itself as a leader in zero-emission mobility. In February 2024, nearly all models were less than a year old. The company's sales grew by 8.3% in 2023 with TUCSON leading as both the best-selling model and second-best hybrid in the UK.
SUVs made up 75% of sales while electrified models accounted for nearly half of all sales. In September 2024, Hyundai achieved its highest market share yet at 5.4%, driven by strong demand for SUVs and alternative fuel vehicles.
The introduction of initiatives like the Hyundai Electric Grant reflects Hyundai's ongoing efforts to promote sustainable transportation solutions globally while supporting local markets with tailored offerings.
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