The Hyundai Motor Group was America’s second best-selling electrical car automaker in 2024. Regardless of a regulatory kerfuffle affecting EVs below the brand new Trump administration, the Korean automaker continued its gross sales momentum in January.
Hyundai’s whole gross sales elevated 15% in January, reaching 54,503 models. Gross sales of electrified automobiles, which embrace hybrids, plug-in hybrids and totally electrical fashions, elevated 41%. The Ioniq 5 electrical crossover continued to be the model’s top-selling EV with 2,250 models, a 54% improve over the identical interval final yr. The Ioniq 6 sedan, which noticed consecutive months of declining gross sales final yr, is rising once more, albeit by a small margin. Its gross sales rose by 15% to 871 models final month.
The most important development, nevertheless, got here from hybrids. Gross sales of the Santa Fe Hybrid grew by a whopping 160%, whereas the Tucson Hybrid witnessed an 89% development. Hyundai doesn’t launch the precise gross sales numbers of its hybrids, as their whole gross sales are grouped along with these of the ICE-only fashions.
In January, Kia offered extra vehicles than Hyundai. It offered 57,007 models throughout all powertrain varieties, a 12% improve over the identical interval final yr. Gross sales of the EV6 elevated 27%, reaching 1,542 models. The three-row EV9 noticed a small dip in gross sales, declining by about 12.5% to 1,232 models.
Gasoline-powered SUVs have been the best-sellers for each manufacturers, though hybrids now more and more make for a bigger share of Hyundai and Kia’s whole gross sales. Hyundai offered over 15,000 models of the Tucson, together with its hybrid and plug-in hybrid variations. Kia offered over 11,000 models of the Sportage, which additionally contains its HEV and PHEV variations.
A number of components might have contributed to the record-setting month. Each manufacturers have constantly provided a few of the finest lease and financing choices on their EVs. The 2025 Ioniq 5, for instance, could be leased from as little as $199 per 30 days for twenty-four months with $4,000 due at signing. Additionally it is the primary EV within the U.S. to come back with the Tesla NACS port straight from the manufacturing unit, giving it entry to tens of hundreds of Tesla Superchargers nationwide.
Hyundai EVs can now be bought on Amazon. That course of is as simple as shopping for rest room paper or any small family merchandise on-line. Watch out whereas searching vehicles on that platform as a result of it’s by no means been really easy to unintentionally add a $40,000 merchandise to your procuring cart.
Like another automaker, 2025 might be a tough yr for Hyundai and Kia, given the regulatory uncertainties across the $7,500 federal tax credit score. On a brighter be aware, the automakers’ EV, hybrid, and PHEV gross sales will largely be immune from Trump’s not too long ago finalized 25% tariffs on objects imported from Mexico and Canada. Barring a small proportion of elements which are sourced from China, all of Hyundai and Kia’s electrified fashions are both made right here within the U.S. or in Korea.
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