Hyundai and Kia set a brand new file, delivery almost 708,000 electrified vehicles from Korea in 2024. With over 68,000 exports, the IONIQ 5 was Hyundai’s hottest-selling EV abroad.
Hyundai IONIQ 5 drives new EV export file in 2024
Since launching in February 2021, Hyundai’s electrical SUV has continued profitable over consumers around the globe. With a daring design primarily based on its first manufacturing automotive, the Pony, Hyundai’s IONIQ 5 stands out from the group.
Its futuristic design is complemented by an extended driving vary (+300 miles), quick charging (below 20 minutes), and a tech-loaded inside.
Even with an inflow of recent electrical vehicles, the IONIQ 5 stays a high vendor in lots of markets. Within the US, Hyundai’s electrical SUV was the fifth best-selling EV in 2024, behind solely the Tesla Mannequin Y, Mannequin 3, and Ford Mustang Mach-E.
As Hyundai’s best-selling EV abroad, the IONIQ 5 helped Hyundai set a brand new “eco-friendly” export file in 2024.
With 68,227 exports, the IONIQ 5 was Hyundai’s third top-selling electrified (EV and hybrid) mannequin outdoors of its residence market, following the Tucson Hybrid (93,547) and Kona Hybrid (73,553). Kia additionally set an export file with over 69,500 Niro Hybrids and virtually 42,500 EV6s bought abroad.
With 707,853 EVs and hybrids exported in 2024, Hyundai and Kia’s eco-friendly exports have surged by almost 160% since 2020 (270,000). Since then, their share of exports has virtually doubled from 17% to 32%
The US, Canada, and Mexico accounted for over 55% of Hyundai and Kia’s complete exports final 12 months, adopted by Europe at 18.7%.
Hyundai and Kia are bolstering EV manufacturing in Korea and abroad. Kia’s Gwangmyeong EVO Plant, the place the low-cost EV3 is constructed, opened in October 2024.
Hyundai’s new EV plant in Georgia additionally started manufacturing final October. The 2025 IONIQ 5 refresh was the primary to roll off the meeting line. Hyundai upgraded its top-selling IONIQ 5, giving it much more driving vary, improved type, and an NACS port to cost at Tesla Superchargers.
The IONIQ 9, Hyundai’s first three-row electrical SUV, will probably be constructed alongside it. With Hyundai and Kia EVs now qualifying for the $7,500 EV tax credit score for the primary time, the Korean automakers count on one other massive 12 months in 2025.
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