Hyundai Offers Free Level 2 Home Chargers for EV Buyers Until October
Hyundai has recently announced an exciting deal for potential electric vehicle (EV) buyers. Until the end of October, Hyundai is including free Level 2 electric vehicle chargers and providing credit towards home installation for selected EV customers. This initiative aims to simplify the charging process for Hyundai EV owners while potentially increasing the value of their homes.
The Offer Details
The offer is available for buyers or lessees of specific models such as the 2023 and 2024 Hyundai Ioniq 5 SUV and Ioniq 6 sedan, along with the 2023 Kona Electric. Customers who purchase or lease one of these models between today and October 31, 2023, will be eligible to receive a free Chargepoint Home Flex Level 2 home charger. This charger is capable of delivering up to 12 kilowatts of DC charging through its J1772 port, compatible with all EVs using CCS plugs. Additionally, customers will receive a $600 credit towards installation, which can be arranged through Hyundai Home Marketplace and is valid for up to 90 days.
Impact on Home Values
This incentive not only simplifies the charging process for EV owners but can also serve as a valuable investment for homeowners. Research from Energy5.com suggests that homes with EV chargers typically sell for one to three percent more than those without, making Hyundai’s offer a compelling value addition that could potentially offset the loss of the federal EV tax credit for Hyundai customers in the future.
Future Considerations
Hyundai’s promotion may also be aimed at boosting the sales of EVs utilizing the CCS charge port. While this port is widely supported today, many automakers are shifting towards Tesla’s NACS port, compatible with the Supercharger network. Although Hyundai has hinted at the possibility of switching, no concrete decisions have been made yet. This shifting trend may cause some buyers to hesitate when considering CCS cars, despite no clear signs of the existing infrastructure being phased out.
Conclusion
Hyundai’s initiative to provide free Level 2 home chargers for EV buyers until October is a strategic move to enhance the EV ownership experience and potentially increase the value of homes. This offer not only simplifies charging for customers but also adds tangible benefits in terms of home resale value.
FAQs
1. How long is Hyundai’s free home charger offer valid?
- Hyundai’s offer is valid for buyers or lessees of selected EV models between today and October 31, 2023.
2. Does the free charger come with a home installation credit?
- Yes, customers will receive a $600 credit towards installation, which can be arranged through Hyundai Home Marketplace, and is valid for up to 90 days.
3. Will homes with EV chargers really sell for more?
- Studies indicate that homes with EV chargers tend to sell for one to three percent more than those without, adding value to the property.