Hyundai launches China-built Elexio EV in Australia in 2026, priced from $56,770, targeting Tesla and Chinese rivals.

Hyundai has confirmed the 2026 launch of the China-built Elexio EV in Australia, priced from $56,770 plus on-road costs, targeting the Tesla Model Y and Chinese rivals like BYD and Geely. Built on the E-GMP platform, it offers a 500km WLTP range, 800-volt fast charging, and features a 27-inch 4K display and Dolby Atmos audio. Tailored for right-hand drive markets with local engineering input, it has a 506L boot. Hyundai acknowledges past EV sales struggles and is shifting to dealer-led sales, centralized advertising, and increased support to boost performance.