Automakers are introducing many new electric vehicles (EVs), but affordable options are still hard to come by. Hyundai is challenging this trend by unveiling the Inster, a subcompact electric SUV, at the Busan International Mobility Show in South Korea this month.
The Inster’s name combines the words “intimate” and “innovative,” and it takes a nod from the old Hyundai Veloster. It will be one of the smallest EVs in Hyundai’s range but will come packed with more technology and safety features than typically expected in this category. According to Hyundai, the Inster will offer up to 220 miles of range based on the European WLTP testing cycle, which may likely mean less than 200 miles under U.S. testing standards.
While Hyundai hasn’t provided a full reveal of the Inster yet, teaser images suggest some intriguing design features. The headlights are split, with thin horizontal upper sections and large round lower sections. The taillights have a pixelated appearance similar to those on the Hyundai Ioniq 5, and the vehicle maintains a boxy shape reminiscent of the gasoline-powered Hyundai Venue.
The Inster might not be available in the U.S. market. Hyundai describes it as an electric version of the Korea-exclusive Casper, and it will be sold as the Casper Electric in South Korea. Since the Casper is much smaller than any Hyundai sold in the U.S., an electric version might not be a viable option for the American market.
Currently, the Hyundai Kona Electric is one of the most budget-friendly EVs sold in the U.S., starting at $34,050 for the base SE model, which includes a 48.6-kilowatt-hour battery providing 200 miles of range. This makes the Kona Electric a more affordable choice compared to other entry-level EVs like the Volkswagen ID.4 and Kia Niro EV. The Nissan Leaf is cheaper, but only if you choose the 40-kWh S base model, which offers 149 miles of range.
More affordable EVs are on the horizon. The Kia EV3, a small SUV, is rumored to be coming to the U.S. in 2025 with a relatively low starting price. Additionally, the Chevrolet Bolt EV is set for a makeover with General Motors’ latest Ultium battery technology.