Hyundai Elexio is arriving in Australia with a significant price rise. The current drive-away offer is set to end in less than six weeks, pushing up costs by between $6000 and $9000 depending on location.
To counter the increase, Hyundai has announced a new, more affordable base variant, due in Australian showrooms between April and June 2026, aimed at keeping the Elexio competitive against rivals such as the Tesla Model Y and Kia EV5.
The Hyundai Elexio launched locally in a single Elite grade, priced at $59,990 drive-away, but this introductory offer expires on April 1, when pricing will switch to $61,990 plus on-road costs.
According to Hyundai, this change will represent a real-world increase of $6034 to $9221, depending on state registration charges.
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2026 Hyundai Elexio pricing
| Variants | Price(Before on-road cost) | Price(Drive-away until 1st April) |
| Hyundai Elexio (base) | $58,990 (Arriving Q2 2026) | NA |
| Hyundai Elexio Elite | $61,990 | $59,990 |
The upcoming entry-level Elexio will undercut the Hyundai Elite, offering a $58,990 plus on-road costs starting point, just $90 more than the base Tesla Model Y.
New base model to soften the blow
Hyundai says the new base Elexio will retain the same motor and battery combination as the higher-grade Elite but deletes some luxury features to reduce the entry price.
Like the Hyundai Elite, it will feature:
- Single 160kW/310Nm front-mounted electric motor
- 88.1kWh lithium-iron phosphate (LFP) battery
- 400-volt electrical architecture
- Front-wheel drive only
Despite sharing the same battery, the cheaper Hyundai Elexio actually claims a longer driving range, thanks to its more aerodynamic 18-inch wheels, compared to the Hyundai Elite’s 20-inch alloys.
- Hyundai Base Elexio: 562km WLTP
- Hyundai Elite: 546km WLTP
Both variants consume 18.2kWh/100km and support 150kW DC fast charging, with 10–80 per cent charging claimed in 38 minutes.
2026 Hyundai Elexio platform, power and rivals
The Elexio rides on a 400V version of Hyundai-Kia’s E-GMP platform and is manufactured in China, like its closely related Kia EV5 sibling.
However, unlike the EV5, which offers multiple drivetrain options, the Hyundai Elexio is limited to:
- Two grades
- Front-wheel drive only
Hyundai’s introductory pricing has allowed the Elexio to undercut its Kia counterpart and challenge the segment-leading Tesla Model Y, at least until the April price rise.
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2026 Hyundai Elexio performance & charging
Here is a breakdown of the 2026 Hyundai Elexio specifications:
| Specification | Hyundai Elexio |
| Battery Capacity | 88.1kWh |
| Power | 160kW |
| Torque | 310Nm |
| Acceleration (0-100km/h) | 4.8 seconds |
| Drivetrain | Front-wheel drive |
| Range (WLTP) | 562km (base)/ 546km (Elite) |
| Energy Consumption | 18.2kWh/100km |
| DC fast charging | Up to 150kW |
| Charging time (10-80%) | 38 minutes |
2026 Hyundai Elexio standard features (base grade)
Hyundai has equipped even the entry-level Elexio generously, with highlights including:
- 27-inch Hyundai Connect touchscreen with integrated passenger display
- Head-up-display-style digital instrument cluster
- Wired and wireless Apple CarPlay and Android Auto
- Satellite navigation
- Bluelink connected-car services with over-the-air updates
- Six-speaker audio system
- Wireless smartphone charger
- Six-way power-adjustable driver’s seat
- Cloth seats
- Dual-zone climate control with rear vents
- Interior vehicle-to-load (V2L)
- Heat pump
- 18-inch alloy wheels
- LED headlights, tail-lights and dynamic indicators
- Rain-sensing wipers
- Keyless entry and push-button start
- Hyundai Digital Key 2 Touch (NFC)
- 360-degree camera
- Front, side and rear parking sensors
- Nine airbags
- Full active safety suite including:
- Autonomous emergency braking
- Blind-spot monitoring with braking and cameras
- Lane-keep assist
- Adaptive cruise control with navigation support
- Highway Driving Assist 2
- Rear cross-traffic alert
- Driver attention monitoring
- Intelligent speed limit assist
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2026 Hyundai Elexio Elite (additional features)
Stepping up to the Elite adds:
- Leather upholstery (Obsidian Black)
- 14-way power-adjustable driver’s seat with memory and lumbar
- Four-way power-adjustable passenger seat
- Heated and ventilated front seats
- Heated steering wheel
- 20-inch alloy wheels
- Dual wireless smartphone chargers
- Hands-free powered tailgate
- Remote Smart Park Assist 3
- Optional Dove Grey interior ($295)
2026 Hyundai Elexio colour options
The 2026 Hyundai Elexio is available in five exterior colours:
- Crystal White – no cost
- Medium Grey – $750
- Pebble Blue – $750
- Dragon Red – $750
- Phantom Black – $750
The Dove Grey interior is available with the Hyundai Elexio Elite variant for $295 only.
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Five-star ANCAP safety rating confirmed
The Hyundai Elexio recently achieved a five-star ANCAP safety rating, based on testing shared with the Kia EV5, further strengthening its appeal in the competitive mid-size electric SUV segment.
When does the cheaper Hyundai Elexio arrive?
The base-grade Hyundai Elexio is due between April and June 2026, while the Elite is on sale now, albeit with its current drive-away offer expiring on April 1.
With pricing set to rise sharply, Hyundai’s new entry-level variant is expected to play a crucial role in maintaining competitiveness against the Tesla Model Y, Kia EV5, and BYD Sealion 7 in Australia’s fast-growing electric SUV market.
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