Hyundai and Kia achieved a major milestone by exporting practically 708,000 electrified autos from Korea in 2024. Main the cost was the IONIQ 5, with over 68,000 models shipped, making it Hyundai’s best-selling electrical car internationally.
The IONIQ 5, which debuted in February 2021, has persistently appealed to international prospects due to its placing design, impressed by the Pony, Hyundai’s first manufacturing automobile. This electrical SUV boasts a formidable driving vary exceeding 300 miles, speedy charging capabilities that permit it to recharge in below 20 minutes, and a tech-savvy inside.
Regardless of the inflow of recent rivals out there, the IONIQ 5 stays a robust performer. Within the U.S., it ranked because the fifth best-selling electrical car in 2024, following outstanding fashions from Tesla and Ford.
Hyundai’s success with the IONIQ 5 contributed to a record-setting yr for eco-friendly exports. The mannequin was the third hottest electrified car (together with EVs and hybrids) overseas, following the Tucson Hybrid and Kona Hybrid. Kia additionally reported robust exports with over 69,500 Niro Hybrids and practically 42,500 EV6s offered abroad.
In whole, Hyundai and Kia exported 707,853 electrified autos in 2024, marking a virtually 160% enhance since 2020, when exports had been round 270,000. Their share of whole exports has considerably doubled from 17% to 32%. The U.S., Canada, and Mexico accounted for greater than 55% of those exports, with Europe comprising 18.7%.
To assist this rising demand for electrical autos, Hyundai and Kia are ramping up manufacturing each in Korea and internationally. Kia’s new Gwangmyeong EVO Plant opened in October 2024, devoted to constructing their low-cost EV3. In the meantime, Hyundai’s new plant in Georgia commenced operations final October, producing the up to date 2025 IONIQ 5 first. This refreshed mannequin options enhanced driving vary, improved aesthetics, and now features a North American Charging Normal (NACS) port for compatibility with Tesla Superchargers.
The upcoming IONIQ 9, Hyundai’s first three-row electrical SUV, may also be manufactured at this facility. With eligibility for the $7,500 EV tax credit score, Hyundai and Kia are anticipating one other profitable yr in 2025.
When you’re excited about exploring Hyundai or Kia’s electrical autos, you could find offers on numerous fashions at native dealerships via the hyperlinks supplied.
Source link
