Your Definitive guide to the Hyundai Ioniq 3 Electric Car Lease

The Hyundai Ioniq 3 Electric Car Lease - Your Definitive guide

Contrary to some of their other efforts, the UK political powers and HMRC are looking to challenge a recent decision on VAT changes for public charging. In what is at odds with the narrative and push towards electrification via political, economic and social measures, the decision to challenge a notional income for HMRC is a bizarre one. A

At a time where we sit on the precipice of great change of what we drive (fuel-wise) in the UK, the messages being pushed in the news and media are not entirely supportive.

Only a few months back in 2026, the VAT rate on public EV charging was successfully challenged, as this was previously set at 20%. In contrast, domestic and home charging was set at a VAT rate of 5%, which has helped allow many drivers with a charge point, and dedicated EV charging tariff, fuel their EVs for a cost-effective amount. In some cases, a full tank of fuel is available from as little as £5 for those with domestic solutions. 

However, in the public network – charge point stations, service stations, supermarkets and retail parks – the 20% VAT rate applied. For many years, the EV community has been outspoken on this aspect, noting that the cost of public charging, especially when it is a rapid (DC) is already expensive. By having the additional 15% of VAT only served to punish those drivers who cannot charge at home or who necessitated charging on longer journeys and commutes.

The not-for-profit organisation, Charge My Street, successfully argued that the 5% should apply and the London tax tribunal agreed. But as reported in The Guardian  HMRC are confirming that measures will be taken to appeal against this ruling.

The body believe that the standard rate of 20% VAT should be applied, noting an £85 million shortfall if this doesn’t happen. According to ZapMap, with the increase in electric car ownership, by 2030 the shortfall to HMRC could be as much £315m.

At a time where the Government are announcing home charging will be made easier (and cheaper) under the Ability to Charge legislation, it does feel somewhat perverse that this approach is being adopted. Especially, when UK BEV drivers do need more financial support for public charging costs.

Manufacturers like Hyundai, who recently announced their latest innovation – the Hyundai Ioniq 3 Compact – do need help from the UK policy makers to help them sell and distribute their amazing vehicles. “More than freedom” the all-electric compact is a bold and roomy car with easy to use tech and a comfortable cabin.

The new Ioniq 3 is aiming to bring a smaller vehicle with a practical range, spacious interior and genuine 5 seats of comfort. Optimised for aerodynamics and efficiency, the art of steel language emanates raw tension, strong visuals and a unique exterior.

Featuring IONIQ pixel lights, BOSE premium sound system, open centre console, V2L technology which can charge electrical equipment via the onboard 230V socket or the exterior charging port and the Pleos Connect infotainment system. Customers can choose between a 12.9” or 14.6” display, AI-enhanced voice control, ADS, Hyundai Smart sense and yet a practical 441 Litres of luggage space. For more information on the latest Ioniq 3 just head to the Hyundai brand website.

So how will the new Ioniq 3 perform ? Is it a good EV?

•  42.2 kWh - with a usable battery of 41kWh this FWD compact offers 108kW (145hp), top speeds of 106 mph and 0-62 times of 9.0 seconds. Real-world ranges suggest a combined 135 miles in colder weather with warmer temperatures to allow for 190 miles (on a full charge) – 165 miles combined . The 11kW AC allows for 0-100% charging times of 4 hours and 30 minutes with the 115 kW DC enabling 10-80% in 30 minutes. The Ioniq 3 has Bidirectional charging – V2L with an exterior Type 2 exterior outlet and UK interior socket. It has a 163-mpg equivalent and 441L cargo volume; and

•  61 kWh - with a usable battery of 58kWh this FWD compact offers 100kW (134hp), top speeds of 106 mph and 0-62 times of 9.6 seconds. Real-world ranges suggest a combined 190 miles in colder weather with warmer temperatures to allow for 265 miles (on a full charge) – 230 miles combined . The 11kW AC allows for 0-100% charging times of 6 hours and 15 minutes with the 115 kW DC enabling 10-80% in 30 minutes. The Ioniq 3 has Bidirectional charging – V2L with an exterior Type 2 exterior outlet and UK interior socket. It has a 160-mpg equivalent and 441L cargo volume. 

Want to know more about going into the Ioniq 3 Electric?

Head to our dedicated  Hyundai special offers  section  or speak to our experts directly on 01942 910 001 or by emailing us at [email protected]