ericjmorey
The cheap final price is through South Korean government subsidies. It’s clear, the only way to compete with the Chinese manufacturer prices is through government subsidies.
Hyundai’s electric vehicles are becoming more affordable in Korea. Hyundai unveiled new E-Value + trims for the IONIQ 5, IONIQ 6, and Kona EVs in its home market. The cheaper Hyundai EVs use the same battery as the standard models and start at around $22,500 with incentives.
The starting price for the Kona Electric E-Value trim is $31,000 (41.42 million won), while the lower-priced IONIQ 5 and IONIQ 6 models start at $35,200 (47 million won) and $35,190 (46.95 million won), respectively.
Hyundai said with government incentives, the actual purchase price is expected to be in the $22,500 (30 million won) range.
Will Hyundai launch cheaper trims for EVs in the US? With US production starting later this year, it’s a possibility. But then again, Hyundai already has some of the most affordable EVs on the market.
The 2025 Hyundai Kona Electric starts at $32,675, while the 2024 IONIQ 5 and IONIQ 6 models start at $41,800 and $37,500, respectively. Hyundai is also passing the $7,500 tax credit on through leasing, dropping prices even lower.
Wikipedia has a great image of orientations on the dates of Saturn’s opposition from 2001 thru 2029 (copied below). It really shows what’s going on and the approximate timing of visibility of the rings as they change from a Northern to Southern view from Earth’s perspective. Between March and November of 2025 the rings will be in the least visible orientations.
It’s different in my view. As the mods and admins are experiencing a loosely coordinated brigade of vitriolic messages. It’s no surprise to me that they responded by filtering out those who are being persistent in bad faith communication. But they have in fact been receptive to improving the bot based on feedback. They have not, however, instantly determined and implemented any improvements.
Reviewing the situation as an outsider. It seems that the mods and admins are not wrong and those complaining are ill-informed about many aspects of what they’re complaining about and are being belligerent in their ignorance. But even if they were 100% informed and correct about Media Bias Fact Check, their behavior has been out of line.