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The Future Automobile > Electric Cars > Hyundai and Genesis will not raise US vehicle prices, at least for now
Electric Cars

Hyundai and Genesis will not raise US vehicle prices, at least for now

2 months ago 4 Min Read
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Hyundai and Genesis will not raise US vehicle prices, at least for now
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Hyundai and Genesis model automobiles won’t see value hikes over the following few months. After launching its new Buyer Assurance program on Friday, Hyundai mentioned US patrons can have peace of thoughts realizing automobile costs won’t enhance.

Hyundai won’t elevate US automobile costs amid new tariffs

Coming off its greatest March gross sales month within the US up to now, Hyundai has a brand new plan to keep up the momentum over the following few months.

Though Trump introduced new tariffs, together with 25% on South Korea this week, Hyundai is vowing to not elevate automobile costs within the US. On Friday, Hyundai launched its new Buyer Assurance program in response to the “dynamic market situations” and uncertainty within the auto business.

By way of the initiative, Hyundai automobiles within the US won’t see value hikes over the following two months. The safety window begins right this moment, April 4, and ends on June 2, 2025.

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Hyundai Motor’s CEO, José Muñoz, mentioned, “We all know customers are unsure concerning the potential for rising costs, and we wish to present them with some stability within the coming months.”

Hyundai-US-vehicle-prices
Hyundai’s new 2025 IONIQ 5 Restricted with a Tesla NACS port (Supply: Hyundai)

Hyundai’s luxurious model, Genesis, launched an analogous program on Friday. The Genesis Cares Initiative additionally protects automobile costs within the US till June 2, 2025.

This system comes simply two weeks after Hyundai introduced plans to speculate $21 billion to spice up US operations and promote EV adoption.

Genesis-Electrified-GV70-update
2025 Genesis Electrified GV70 (Supply: Genesis)

Hyundai additionally celebrated the grand opening of its $12.6 billion Metaplant America EV manufacturing plant, the biggest financial growth venture in Georgia state historical past. The corporate plans to construct as much as 500,000 Hyundai, Kia, and Genesis automobiles yearly on the facility.

See also  BYD crowned Thailand's 2024 EV sales and surpassed Toyota in Singapore
Hyundai-EV-plant-open
Hyundai Motor Group Metaplant America grand opening (Supply: Hyundai)

Though it simply celebrated its grand opening, Hyundai has been constructing the brand new 2025 IONIQ 5 on the plant since October. The upgraded IONIQ 5 now has as much as 318 miles of vary and an NACS port for charging at Tesla Superchargers.

With its first three-row electrical SUV, the IONIQ 9, now in manufacturing, it’s anticipated to launch within the US any day. Its “lounge-like” inside has more room than the Kia EV9, with as much as 1,322 liters of cargo area.

Hyundai-US-vehicle-prices
Hyundai IONIQ 9 three-row electrical SUV (Supply: Hyundai)

Just like the 2025 IONIQ 5, Hyundai’s bigger electrical SUV can have an NACS charging port. It should even have an EPA-estimated driving vary of as much as 335 miles from an enormous 110.3 kWh battery pack.

Able to snag the financial savings whereas they’re nonetheless right here? With leases beginning at simply $199 a month proper now, the 2025 Hyundai IONIQ 5 seems like one of the best EV deal in the marketplace. Take a look at our hyperlink to search out offers on 2025 Hyundai IONIQ 5 fashions in your space right this moment.

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TAGGED: Electric, Electric Car, Electric Vehicles, Hyundai
TheFuture Automobile April 5, 2025 April 5, 2025
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