Hyundai is the latest carmaker offering significant discounts on electric vehicles in the UK. The Hyundai Electric Grant program offers up to £3,750 ($5,000) off popular EVs, including the Inster EV, IONIQ 5, and new IONIQ 9. And it’s not just the UK, Hyundai is launching deals in nearly every market.
Hyundai launches new EV grant program in the UK
Starting today, July 25, all Hyundai electric vehicles in the UK are eligible for the program. Hyundai’s EV grant offers buyers £3,750 ($5,000) off the 2025 Inster, the brand’s new entry-level electric SUV.
The savings are available across Hyundai’s entire EV lineup, with £1,500 ($2,000) in savings on the IONIQ 5, Kona Electric, and IONIQ 9.
“As the electric vehicle landscape continues to evolve, it is important that customers have complete clarity, choice and compelling value when making the switch to electric,” Ashley Andrew, president of Hyundai and Genesis UK, said on Friday.
After launching the Inster EV and its flagship IONIQ 9 this year, Hyundai now offers a complete lineup ranging from entry-level to a three-row electric SUV.
The EV grant is available immediately across Hyundai’s UK dealer network, including for retail, Hyundai Affinity, or Contract Hire purchases.
Until August 31, buyers can score an extra £500 ($671) off the Inster EV and Kona Electric through Hyundai’s Electrifying Summer promo.
Hyundai is also offering 24-hour test drives, allowing customers to try it before making a purchase. The Korean automaker follows other brands, including MG and Leapmotor, to offer discounts ahead of the UK’s new EV grant program.
According to new registration data from Jato, Hyundai was the 10th best-selling EV brand in Europe in the first half of 2025.
The Inster EV, priced from £23,505 ($31,500), cracked the top 20 most registered EVs last month with over 3,300 units sold. Hyundai Motor, including Kia’s share of the EV market, rose from 12.6% to 19.1% in H1 2025.
Hyundai is offering significant savings on electric vehicles not just in the UK, but essentially in every market, including the US, right now.
Following the launch of an aggressive sales promotion this summer, Hyundai is now offering 0% interest for 60 months on its top-selling SUVs. The savings are available on new EV models, including the 2025 IONIQ 5 and 2026 IONIQ 9 (see our review of it).
The 2025 Hyundai IONIQ 5, which now offers up to 318 miles of range and a NACS port for charging at Tesla Superchargers, is listed for lease at just $179 per month. That’s about the lowest national offer for an electric SUV currently available.
Both the IONIQ 5 and IONIQ 9 are built at Hyundai’s new EV plant in Georgia, so they still qualify for the $7,500 US tax credit. However, that’s set to end at the end of September.
Ready to try one out for yourself? You can use our links below to find offers on Hyundai’s electric vehicles in your area.
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