GST Reduction Effect: Hyundai Kona Gets Price Cut Of Upto Rs 1.6 Lakh
New Delhi: The GST Council recently slashed GST on electric vehicles (EVs) to five percent from 12 percent. It also reduced the GST on EV chargers from 18% to five percent. The new rates will be effective from 1st August 2019.
Post this, Hyundai announced a price reduction of Rs 1.6 lakh for its first electric SUV in India, which was earlier launched at Rs. 25.30. The price of the vehicle has now been reduced to Rs 23.71 lakh.
Hyundai will be retailing the Kona through select 15 dealerships in 11 cities with necessary EV infrastructure and support.
The Hyundai Kona gets a 39.2 kWh battery pack that has an all-electric ARAI certified mileage of 452 Km in a full charge. It offers a peak power of 134.13 bhp and 395 Nm and does 0-100 kmph in 9.7 seconds.
Hyundai is offering two chargers with Kona SUV for the buyers – a portable charger that can be used with 3-pin socket and a 7kWh AC Wall Box Charger. The Hyundai Kona can be charged using 7kWh charger in 6 hours and can be topped up for 50 km range in under 1 hour.
The portable charger can add 50 km range in under 3 hours. There’s also a DC fast charger, which can charge the SUV up to 80% in just 57 minutes.