Hyundai Announces Development of New Low-Cost Electric Car to Compete with Kwid E-Tech. The Vehicle Promises to Cost Around R$ 110,000.
The Hyundai is developing a new low-cost electric car that promises to compete with models like the Seat Mii, Skoda Citigo, and the Renault Kwid E-Tech in Europe. According to information from the website Automotive News Europe, the automaker’s aim is to offer a low-cost electric car with a starting price around 20,000 euros.
Cheaper Electric Car Than Kwid E-Tech Will Arrive for R$ 110,000
The euro price of the low-cost electric car from Hyundai falls within the price range occupied by its main future rivals, being the lowest in the European market for electric vehicles. At the current exchange rate, those 20,000 euros would convert to R$ 110,000 directly, which does not seem like such a low price.
However, this price range is occupied by intermediate and fully equipped versions of some compact cars sold in Brazil, such as the Chevrolet Onix and the HB20, recently restyled by Hyundai.
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Spotted on BYD’s configurator, the Atto 8 2026 appears before its official launch for R$ 399,990 and promises to arrive in Brazil in March with 488 hp, seven seats, and up to 111 km of electric range.
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BYD changes the warranty for electric and hybrid cars in Brazil, creates a new mileage limit for 2026/2027 models, alters battery rules, modifies commercial use coverage, and makes drivers look at the manual with new eyes before buying.
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Sales boom: Automotive sector enters an accelerated pace in 2026 after new car sales reached the best result since 2013 and boosted automakers in Brazil.
Thus, the future low-cost electric car from the South Korean automaker would already be in a range compatible with combustion models sold in the domestic market. It is important to note that the Kwid E-Tech, sold in Europe as the Dacia Spring, costs less than 20,000 euros in the old continent, but in Brazil it is priced no less than R$ 146,990.
Kwid E-Tech Rival Vehicle May Be Successor to Current Hyundai i10
Disregarding Brazilian market prices for a moment, there is still limited information on the technical aspects of the low-cost electric car. However, aside from the price question, Hyundai has left other clues. According to Andreas Christoph Hofmann, the brand is developing a small car.
There is a good chance that this future model will be a successor to the current Hyundai i10, whose latest generation was introduced by the automaker in 2020. Smaller than an HB20, the model is a subcompact measuring just 3.67 meters in length, shorter than the Kwid E-Tech.
If replaced by an electric car of similar size, the model would be larger than the CAOA Chery iCar, which is only 3.20 meters long. In addition to plans for a low-cost electric car, Hyundai also plans to launch a real electric offensive in Europe. By the beginning of the next decade, the South Korean automaker aims to release 11 new electric cars. Therefore, the expectation is that models will emerge across various price ranges.
Hyundai Develops Technology to Prevent Drunk Drivers
Drunk driving is one of the leading causes of serious traffic accidents. Therefore, Hyundai is developing technology that promises to prevent drivers from operating a vehicle after consuming alcohol.
Hyundai Mobis, the brand’s parts manufacturing unit, has developed a type of smart cabin capable of preventing drunk or fatigued drivers from operating the vehicle.
The system detects biological signals from the individual and can block access to driving controls based on that information. For analysis, the device monitors the driver’s posture, heart rate, and brain waves.
In total, there are four sensors that measure biosignals, a controller that analyzes them, and a software logic, all in real-time. There is also a 3D camera that captures the driver’s posture and an ECG sensor in the steering wheel, measuring brain waves, and an HVAC sensor that measures cabin temperature, humidity, and CO₂ levels.

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