Hyundai Motor America studies a troublesome January within the U.S., mentioning “financial challenges and rates of interest making it a tricky retail setting.” The corporate’s automobile gross sales amounted to 47,543 (down 8.6% year-over-year).
Nevertheless, on the identical time, Hyundai sees brilliant spots within the EV section with substantial year-over-year progress in plug-in electrical automobile gross sales.
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Hyundai EV gross sales surges
Hyundai is rapidly growing gross sales of its plug-in electrical vehicles within the U.S., changing into one of many prime conventional manufacturers within the section. Quickly, Hyundai will probably be producing all-electric vehicles regionally within the U.S. too.
In January, Hyundai plug-in electrical automobile gross sales elevated by 77% year-over-year, though the corporate doesn’t reveal the exact quantity. The model’s all-electric automobile gross sales elevated by 42% year-over-year, the corporate says, additionally with out offering the precise stage.
What we do know is that gross sales of the Hyundai E-GMP-based all-electric vehicles—Ioniq 5 and Ioniq 6—amounted to 2,225 (up 44% year-over-year). E-GMP BEVs symbolize 4.7% of Hyundai’s complete quantity (in comparison with 3.0% a yr in the past).
On prime of that comes the Hyundai Kona Electrical, for which numbers will not be reported (it is counted along with the inner combustion Kona).
Hyundai BEV gross sales final month (YOY change):
Hyundai Ioniq 5: 1,465 (down 5%) Hyundai Ioniq 6: 760 (new) Hyundai Kona Electrical: N/A Complete Ioniq household: 2,225 (up 44%) and 4.7% share
For reference, through the 12 months of 2023, the entire gross sales of the Hyundai Ioniq 5/Ioniq 6 amounted to 46,917, representing about 5.9% of the entire quantity.
Hyundai BEV gross sales in 2023 (YOY change):
Hyundai Ioniq 5: 33,918 (up 48%) Hyundai Ioniq 6: 12,999 (new) Hyundai Kona Electrical: N/A Complete Ioniq household: 46,917 (up 104%) and 5.9% share
We assume that Hyundai will enhance its all-electric and plug-in hybrid automobile gross sales in 2024 to new document ranges.
Sadly, the official stats don’t embrace the gross sales outcomes of different plug-in fashions (just like the Santa Fe PHEV and Tucson PHEV), as they’re counted along with standard or non-rechargeable hybrids.
The hydrogen gas cell mannequin—Hyundai Nexo—famous 23 items bought final month (up 44% year-over-year). In 2023, 241 Nexo have been delivered, which was 41% lower than in 2022.