Hyundai’s new Casper EV starts at $23,000 in Korea, but is it its low value?

The new Hyundai Casper EV has a face value of just $23,000 (31. 5 million won) in Korea. After government incentives, Hyundai’s compact electric SUV can be purchased for as little as $17,000 (23 million won). Is the value low?

Hyundai has opened pre-orders for the Casper EV (Inster EV in Europe) in its home market, for just $23,000 (31. 5 million won) last month.

The Casper EV is the “new popular for popularizing electric vehicles,” according to Hyundai. Hyundai designed the electric mini SUV for young drivers with affordable electric options.

“We have prepared the Casper Electric with unmatched product competitiveness and price” to meet demand, Hyundai explained.

Like the new 2024 Kona Electric, the Casper EV is a significant improvement over the gas model. It includes new design elements such as Hyundai’s iconic sunlight running lights, pixelated signs, and a closed grille.

Hyundai’s electric SUV has a range of up to 315 kilometers in Korea, surpassing the new Kia Ray EV by about one hundred kilometers. The Casper EV can also accelerate (10% to 80%) in 30 minutes.

To prove it, Korea’s JoongAng Daily took the Casper Electric on a 60km adventure in Gyeonggi, South Korea.

The journalist first noticed that Hyundai’s “cute and funky” SUV reminded them of a toy car that would be found in car cartoons.

The Casper EV offers a roomier interior with more second row and trunk than the gas model. Hyundai has extended the wheelbase by approximately 7″ (180 mm).

Although the electric model includes a dual infotainment system and a 10. 25-inch driver display setup, it lacks some basic features. The Casper EV does not have a mid console, which can be considered a positive with a more minimalist feel.

The report also mentions that interior design elements, such as fabric and plastic, are “far from premium or fashionable. “Considering the low price of the Hyundai Casper EV, this is to be expected.

Another vital point to note is the lack of wireless telephone connection. To connect, the controllers will need to have a USB cable.

At the same time, the report highlighted some elements that exceeded expectations. For one thing, the ride is smoother than expected, even in heavy rain. The electric SUV didn’t shake or vibrate when it had to accelerate quickly.

If you exceed the speed limit, the car warns you with a red light on the dashboard. It will also remind you if you get too close to the vehicle in front of you. Both features are for young drivers.

The Casper EV is supplied with the world’s first Pedal Misuse Safety Assist (PMSA) formula. The formula will start from the vehicle if the accelerator is fully depressed for a quarter of a moment with an object detected within 3′ 3″ (1 meter).

Ultimately, it is claimed that “you get what you pay for” with Hyundai’s new Casper EV. At 3,825 mm long, the Casper Electric is even smaller than the Chevy Bolt EV (4,145 mm).

In Europe, the electric mini SUV will go through the Inster EV. It achieves a WLTP range of 255 km (221 miles) with an initial cost of less than $27,000 (€25,000).

Would you buy Hyundai’s mini SUV for less than $30,000? What happens with less than $20,000? Let us know in the comments.

Peter Johnson covers the automotive industry’s step-by-step transformation to electric vehicles. He is a seasoned investor, money writer, and electric vehicle enthusiast. His enthusiasm for electric vehicles, basically Tesla, is one of the main reasons why he pursued a career in investments. . If he doesn’t tell you about his latest discoveries in the 10K, you can locate him enjoying the outdoors or exercising.

Leave a Comment

Your email address will not be published. Required fields are marked *