Is Hyundai bringing its most affordable EV to the US? For the first time, Hyundai’s Casper Electric was spotted driving on US streets. Will the low-cost EV launch in the States?
After opening pre-orders for its smallest and most affordable in July, starting at just $23,000 (31.5 million won), the Casper Electric is already Hyundai’s best-selling EV in Korea.
Hyundai followed it up by launching an even cheaper Casper Electric Premium model, starting at $20,000 (27.4 million won). With subsidies, Hyundai said the new compact electric SUV is available for as little as $7,300 (10 million own).
According to Hyundai, buyers are flocking to the new EV thanks to its “ample driving range” and low starting price.
The Casper Electric is rated with up to 196 miles (315 km) driving range in Korea. In Europe, the mini electric SUV is known as the Inster EV. It starts at under $27,000 (25,000 euros) and has WLTP driving range of up to 221 miles (355 km).
Hyundai Casper Electric (Source: Hyundai)
Is Hyundai’s new low-cost Casper EV coming to the US?
Although the Casper EV was not expected to launch in the US, Hyundai’s low-cost EV was recently spotted driving in California.
The new image from KindelAuto shows the Casper Electric (Inster EV) on US streets for the first time.
After unveiling the new EV, Hyundai said it would first launch in Korea, followed by Europe, the Middle East, and Asia Pacific “in due course,” but it did not mention North America.
With production kicking off at its massive new Metplant America (HMGMA), Hyundai could have an opportunity to sell the compact electric SUV as one of the most affordable EV options in the US.
Hyundai Casper Electric interior (Source: Hyundai)
Following its Q3 earnings on Thursday, Hyundai said as the new US plant begins full operations, “it will also enhance its leadership in electric vehicles in the US market.” Could we see the Casper EV launch here in the US?
Hyundai said US-build EVs will initially qualify for a partial $3,750 federal tax credit. However, after the battery portion opens, it expects models to be eligible for the full $7,500.
2025 Hyundai IONIQ 5 charging at a Tesla Supercharger (Source: Hyundai)
The updated 2025 Hyundai IONIQ 5, with more range, a sleek new design, and an NACS port to access Tesla’s Supercharger network, was the first to roll off the production line. Later this year, Hyundai will introduce its first three-row electric SUV, the IONIQ 9. It will be built alongside the IONIQ 5 in GA.
Should Hyundai bring the Casper EV to the US? Would you buy one for under $30,000? What about for around $20,000 (with incentives)? Let us know in the comments.
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Chrysler parent company Stellantis is sinking billions on electric Jeeps and Chargers that no one wants, but the they’ve developed market-leading EVs in Europe, and this latest, £36,995 DS Automobiles No4 is exactly the sort of electric crossover that could rejuvenate the brand’s American prospects. The only question now is: why won’t they bring it here?
The new all-electric No4 E-Tense model from Stellantis’ French brand DS Automobiles will be offered at three trim levels starting with the Pallas at £36,995 (approx. $48K US), rising to £39,160 for the Pallas+ and topping out at £41,860 (approx. $56K US, before incentives get applied) for the range-topping Etoile.
All three trims use a front-mounted electric motor rated at 213 hp, drawing from a 58.3‑kWh battery pack. That setup delivers up to 280 miles on the WLTP cycle (about 240 miles by EPA estimates). That feels like a lot of miles from a relatively small battery, aided no doubt by the DS No4’s aerodynamic. Inside the No4’s sculpted flanks is enough room for five adults and a bunch of their stuff, as well as an incredibly sexy dash and infotainment layout that (in the official press photos, at least) seems positively slathered in Alcantara (think “vegan suede”).
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With 120 kW fast charging capabilities, the No4’s battery pack can replenish from 20 to 80 percent in under 30 minutes. Thanks to built‑in V2L/V2X tech, the No4 can also supply power back to external devices.
Electrek’s Take
I think it would be a hit. As for why the marketing gurus at whatever’s left of the old Chrysler corporation seem to think an electric muscle car that no one asked for or a Dodge-branded Alfa Romeo that no one will ever ask for is a better use of their marketing dollars – that’s simply beyond me.
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The clock is running out on some of the best EV lease deals of the year. With the 25% tariff on imported EVs already hitting and the federal tax credit set to vanish after September 30, automakers are dangling some serious end-of-the-month offers. If you’ve been waiting to go electric, now’s the time. CarsDirect spotted three August EV price drops worth a look, but you’ll need to move fast, because these deals won’t last past the holiday weekend.
2025 Mercedes EQE SUV: $62 per month price drop
Mercedes is sweetening the pot on its EQE SUV as it works to move inventory. The 2025 Mercedes-Benz EQE 350+ SUV can now be leased for $629 a month for 36 months with $7,923 due at signing. That works out to an effective $849 a month – a $62 drop from previous deals. For a nearly $80,000 luxury EV, that’s not a bad offer.
But timing is key. The federal EV tax credit disappears next month, and Mercedes is set to pause US EV orders on September 1, which could make finding the right model tougher. Current incentives run through September 2, so if you’ve been eyeing an EQE, lock one in now before the market shifts.
Click here to find a local dealer with the Mercedes EQE SUV in stock.–trusted affiliate link
2025 Volkswagen ID. Buzz: $90 per month price drop
As of August 22, the 2025 Volkswagen ID. Buzz picked up a hidden $3,000 Dealer Lease Bonus – that is, dealer cash that only shows up if you lease.
That incentive knocks the Pro S trim down to $589 a month for 36 months with $5,999 due at signing. Do the math, and that’s $756 a month effective cost – a $90 drop from the earlier $846 offer. With $10,500 in total savings, this is the best deal yet on the ID. Buzz and one of the standout Labor Day EV lease offers.
Hyundai just slashed the price on its most powerful EV yet. The 2025 IONIQ 5 N can now be leased for $549 a month for 36 months with $3,999 due at signing (10,000 miles a year). That works out to an effective $660 a month – a huge $150 drop from July.
For a track-ready performance car, that’s a steal. And unlike most performance machines, the IONIQ 5 N doesn’t guzzle gas – you can just plug it in overnight at home. Current offers run through September 2.
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UK delivery firm DPD is putting one of Terberg’s heavy-duty electric yard tractors to the test at its giant, Oldbury, UK logistics hub – and its findings will help DPD shape a cleaner, more sustainable fleet strategy for the future.
DPD operates a fleet of over 50 yard hostlers (or “tugs” in the UK) to perform all trailer movements across its five sorting hubs in Oldbury, Smethwick, and Hinckley. Currently, those yards are serviced by a fleet of diesel tractors – but the company is interested in decarbonizing and “keen” to understand how EVs could be deployed across the fleet in the longer term.
“Tugs are the lifeblood of our hub operation, performing all trailer movements efficiently and safely across the five sites,” says Tim Jones, Director of Marketing, Communications, and Sustainability at DPD UK.
To that end, the company has deployed a Royal Terberg YT203-EV fitted with a pair of 78 kWh batteries, but it can be spec’ed up to 236 kWh and an almost unbelievable 105 tonne GCVWR. Even with “just” 156 kWh, the Terberg is able to work nearly a full 24 hours between charging – capability that is on par with diesel. At least.
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“Terberg DTS are proud to be able to assist DPD on the way to Net Zero (emissions) and it was great to be able to work with DPD’s drivers and demonstrate what the YT203-EV can do in their own yard,” explains Peter Giles, Head of UK Logistics Sales at Terberg DTS. “Their aim is to be one of the leaders in the march to a more sustainable fleet future and they have already amassed a lot of knowledge and experience working with EVs. We know just how versatile and effective the vehicle is, but every operation is slightly different and working on-site with their own drivers means DPD can get really meaningful feedback from those who know the job better than anyone.”
Several operators will be trying out the YT203-EV across different shifts and operations to get feedback. So far, however, they seem hyped. “The electric tug (performs) incredibly well,” adds Jones. “Our drivers were really impressed, especially with the ease of use and driver comfort.”
Electrek’s Take
Terberg terminal tractor; via DPD.
Whether it’s Terberg, Tico, or Orange EV, terminal tractors are an ideal application for electrification, and companies like DHL have spent more than a decade proving that out. And now that DPD is giving these HDEVs a chance, expect to see a whole lot more of them getting deployed soon.
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