South Korea’s automotive leaders, Hyundai and Kia, are making important strides within the U.S. market, having achieved document gross sales in 2024. With new electrical automobile (EV) launches deliberate for key segments, they anticipate additional progress in 2025.
### Hyundai and Kia’s Report Gross sales in 2024
Hyundai and Kia have had a outstanding yr within the U.S. auto market, reaching document gross sales figures. This momentum appears poised for continuation, particularly with extra electrical fashions set to debut and new manufacturing vegetation coming on-line.
For Kia, 2024 marked the seventh consecutive yr of elevated client gross sales, in addition to the second yr in a row that they broke their annual gross sales document. They offered practically 797,000 automobiles within the U.S. Key to this success has been Kia’s increasing EV lineup, which has helped the model solidify its management within the electrical market. Kia CEO Sean Yoon highlighted the profitable launch of the flagship EV9 as a driving pressure behind their progress.
### Excessive Demand for New EVs
The EV9 is Kia’s first three-row electrical SUV, and regardless of starting deliveries in late 2023, Kia offered over 22,000 items within the U.S. in its first yr—surpassing gross sales of the EV6, which offered 21,715 items. Hyundai, Kia’s sister firm, additionally set a brand new U.S. gross sales document, transferring over 836,800 automobiles in 2024—a 4% enhance from the earlier yr—thanks largely to the rising reputation of their EV fashions.
The IONIQ 5 has emerged as one of many top-selling EVs within the U.S., with 44,400 items offered in 2024, reflecting a 31% progress from 2023. Randy Parker, CEO of Hyundai Motor North America, expressed confidence that this development will proceed, fueled by thrilling new fashions such because the IONIQ 9 and a ramp-up in manufacturing at their new EV plant in Georgia.
Hyundai started manufacturing EVs at its Georgia facility in October 2023, initially specializing in the upgraded 2025 IONIQ 5, which options improved vary, model, and compatibility with Tesla Supercharger stations. With this enhance in manufacturing, 5 fashions from Hyundai, Kia, and Genesis now qualify for the $7,500 federal tax credit score for the primary time, probably driving even better demand in 2025.
### 2025 Hyundai IONIQ 5 Overview
The 2025 Hyundai IONIQ 5 affords a number of trim ranges, beginning at $42,500 with a variety of as much as 245 miles. The long-range mannequin, beginning at $46,550, now boasts an improved vary of as much as 318 miles, up from 303 miles within the earlier model. Hyundai can also be set to disclose pricing for the brand new IONIQ 9 nearer to its launch date.
For those who’re fascinated with exploring the explanations behind Hyundai and Kia’s success within the U.S. EV market, quite a few dealership choices can be found to help you to find offers on their electrical fashions.
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