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Hyundai KONA Electric Claims Top Honors In The Mainstream EV SUV Segment, Highlighting Its Long-Term Value And Advanced Performance
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By Michael Phoon • November 20, 2024
Hyundai has secured a significant victory for its electric vehicle (EV) lineup in the 2025 J.D. Power ALG Residual Value Awards, with the KONA Electric model claiming the top spot in the newly created Mainstream EV SUV segment.
The 2025 Hyundai KONA Electric stood out among 293 evaluated models, winning the Best-in-Class Residual Value Award in its segment. The compact all-electric SUV impressed judges with its advanced electric performance and innovative design, positioning itself as a smart and attainable choice for eco-conscious buyers.
Hyundai’s success extended beyond the KONA Electric. Notably, the IONIQ 6 ranked second in its mass-market EV category. Other notable EV winners in the awards included Tesla’s Model 3, the Dodge Charger Daytona, and GMC’s Hummer EV models (both SUV and SUT variants).
Olabisi Boyle, senior vice president of product planning and mobility strategy at Hyundai Motor North America, emphasized the significance of the award stating, “At a time when affordability and low cost of ownership matter more than ever, this J.D. Power Residual Value Award underscores our commitment to delivering high-quality, desirable vehicles that meet the needs of our customers.”
The J.D. Power ALG Residual Value Awards are crucial for buyers, as they highlight vehicles projected to retain the highest percentage of their original manufacturer’s suggested retail price (MSRP) over three years. This metric is particularly important in today’s market, where new and used vehicle prices continue to rise.
Hyundai’s strong performance reflects its strategic focus on creating vehicles that offer not just immediate appeal, but long-term value. The KONA Electric, in particular, was praised for its blend of style, performance, and potential cost savings, making it an attractive option for buyers looking to invest in electric mobility.
With increasing emphasis on EVs and total ownership costs, Hyundai’s recognition in the J.D. Power Residual Value Awards demonstrates the brand’s ability to deliver competitive, forward-thinking vehicles that meet the changing needs of modern buyers.
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