Hyundai Launches Sub-$20K ELEXIO Electric SUV — But North America Won’t Get It

Hyundai has officially launched the ELEXIO, a new all-electric SUV designed exclusively for the Chinese market, with a starting price that undercuts nearly every major EV competitor. Priced from just US$16,800 (C$23,550), the ELEXIO combines long range, high-tech features, and family-focused practicality — but despite its appeal, North American buyers won’t be able to get one.

Designed for Families

Built on Hyundai’s E-GMP dedicated EV platform—the same foundation used for the Ioniq 5 and Ioniq 6—the ELEXIO blends high performance with family practicality. It comes in three trims: Fun, Smart, and Tech, each powered by a single electric motor producing up to 215 horsepower and offering between 518 and 722 kilometres (321-448 miles) of range under China’s CLTC testing cycle.

The ELEXIO’s exterior features “lucky crystal” daytime running lights shaped like the number 8, symbolizing fortune in Chinese culture. The cabin is designed around a 27-inch 4K widescreen display, replacing the traditional instrument cluster entirely. Hyundai says this minimalist setup, combined with a two-tone steering wheel, Bose audio system, and Dolby Atmos support, offers a premium feel at an entry-level price.

Additional touches like dual wireless charging pads, a panoramic sunroof, and 46 storage compartments reinforce its focus on comfort and convenience. A 720° armored body design, nine airbags, and 77.5% high-strength steel content make safety a central part of the ELEXIO’s appeal.

Fast Charging and Long Range

Battery options include 64.2 kWh and 88.1 kWh lithium iron phosphate (LFP) packs—known for durability and cost efficiency. The top configuration boasts a 722 km range and can charge from 30 to 80 percent in roughly 27 minutes using DC fast charging.

Hyundai also confirmed a dual-motor all-wheel-drive variant is on the way, delivering 312 horsepower.

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Credit: Hyundai

Not Coming to North America

Despite its design, strong performance, and remarkably low price, Hyundai confirmed that the ELEXIO will remain exclusive to the Chinese market. Regulatory hurdles, differing charging standards, and cost structures make a North American release unlikely—at least for now.

Hyundai’s “In China, For China” Strategy

The ELEXIO is Hyundai’s first vehicle developed under its new “In China, For China, To Global” initiative. The program aims to rebuild Hyundai’s presence in the region by introducing EVs tailored to Chinese consumers’ preferences and driving habits. According to Ickkyun Oh, Head of Hyundai’s China Business Division, “This is a dedicated EV tailor-made for Chinese consumers, and the first model developed under our ‘In China, For China, To Global’ strategy.”

Hyundai plans to roll out 13 new electric vehicles in China by 2030, alongside updates to internal combustion models like the Elantra and Tucson.

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