Even without tax credits, you would pay the equivalent to $31,000.
If you are interested in a Hyundai Kona Electric in the US, you have to live in California, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Rhode Island, Vermont, or Washington. And have $36,950 to spare. In China, Hyundai will sell you the same vehicle anywhere. For the equivalent to $31,000 before tax incentives. The price is RMB 216,300. With the government’s help, you would end up paying RMB 172,800, or $24,766 at current exchange rates. But your car would have another name. It would be called Encino EV, despite the “Electric” badge on the back.
Gallery: How Much Less A Chinese Customer Pays For The Hyundai Kona Electric?