2023 Hyundai Grandeur EV Price

The 2023 Hyundai Grandeur EV hasn’t yet been released, but it’s expected to cost around $50,000.
Written by Brad Marley
Reviewed by Kathleen Flear
Based on a concept car from 2021, rumors are running rampant that
could soon release an electrified version of the 2023 Hyundai Grandeur. While a price hasn’t yet been set, there are those who estimate the cost could be around $50,000 when it launches. 
It should come as no surprise to anyone that even Hyundai is getting into the EV act with a rumored electric vehicle hitting the market next year. Hyundai has always been known for its reliability, so the unknown shouldn’t scare you away from looking into the Grandeur EV.
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2023 Grandeur EV pricing information

Nobody knows how much the 2023 Hyundai Grandeur EV will cost when (or if) it hits showrooms in 2023, but there are those who guesstimate it’s going to be around $50,000 when it becomes available to the general public.
As for trim levels, it’s impossible to say how many there will be to choose from, if any. All we can say right now is that the release of this vehicle jives with Hyundai’s goal of selling 1.87 million EVs annually and capturing 7% of EV market share by 2030.
If you have some time on your hands, head over to the Hyundai website to read more about
Hyundai’s EV strategy

What is the cheapest Grandeur EV?

Like we said above, there is only one Grandeur EV scheduled to be released, and the best estimates say it’s going to cost around $50,000
Like other EVs that are taken from the
Hyundai Genesis
platform, it’s not outside of the realm of possibility to see the Grandeur EV launch as an all-wheel-drive model with two motors, one for each axle. The standard range could fall between 249 and 280 miles.

Is a Grandeur EV worth it?

We can’t say with certainty if a Grandeur EV will be worth it because that car has never graced the pavement. But we can make some assumptions based on Hyundai’s track record and price.
If you are comparing it to cars like the Cadillac Lyriq or Volvo C40 Pure Electric, the Grandeur will come in a little bit under their prices. But if you opt for a Kia EV6, for instance, you’ll pay a little bit less. It all comes down to your price range.

What is the horsepower of a Grandeur EV?

The answer? We just don’t know. 
Since this is a brand-new electric vehicle, we can’t make guesses as to the horsepower of this vehicle. If you want to look at what other cars generate as far as horsepower, that might help. But it would still be comparing apples to oranges and, when it comes to EVs, that’s not wise. 
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What is the range of the Grandeur EV?

Again: we don’t know. But if it contains an 87.2 kWh battery pack, the range could fall somewhere between 249 and 280 miles since that fits with the South Korean certification method.

Is the Grandeur EV reliable? 

We can’t give you a solid answer since the car doesn’t actually exist, but we can venture a guess on the brand’s reputation.
Two possible predicting factors: 
  • Hyundai consistently ranks ahead of other car brands. RepairPal ranks Hyundai at a 4 out of 5 among car brands, making it the fourth most reliable car. And with average annual repair costs below $500, the brand is situated pretty well. 
  • Electric vehicles are usually more reliable than their fossil fuel counterparts because they have fewer parts that could go bad. But repair costs tend to be higher, so factor that into your decision-making process.

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