Hyundai Motor America reports remarkable jump in Ioniq sales

Hyundai Motor America reports remarkable jump in Ioniq sales

Achieving a remarkable milestone in December 2023, Hyundai Motor America sold more than 5,300 E-GMP-based vehicles – the Ioniq 5 and Ioniq 6 e-SUVs, marking the third-best month ever for the brand’s electric vehicle lineup, as well as its best December in history.

According to stats shared by the South Korean car brand, at total of 5,317 units of the E-GMP-based Ioniq 5 and Ioniq 6 e-SUVs were sold in the US market during the final month of last year. The impressive figure marked the third-best month ever for the brand’s EV lineup, allowing the manufacturer to enjoy its 17th month of growth in a row.

The company’s overall vehicle sales last month surged 4.3 per cent year-over-year to settle at 75,164 units, while the annual tally for last year reached a staggering 801,195 units, up 10.6 per cent from the previous year.

Hyundai’s real star of the electric show is the surge in the BEV segment, which witnessed a staggering threefold jump in last month, constituting more than 7 per cent of the brand's total volume. The Ioniq 5 and Ioniq 6 led the charge with sales of 3,261 and 2,056 units, respectively. This cumulative total of 5,317 units reflected a remarkable year-over-year increase of 209 per cent, emphasizing the growing preference for the brand’s electric offerings.

The Ioniq 5 continued to dominate with an impressive 90 per cent increase in sales year-over-year, while the newer Ioniq 6 contributed to the overall surge by accounting for sales of 2,056 units. This dynamic duo not only solidified the car brand’s position in the American EV market but also underscored its commitment to driving sustainable innovation.

In the whole of the fourth quarter (Q4) of 2023, Hyundai's E-GMP-based electric car sales reached 13,293 units, marking a growth of 196 per cent from the corresponding quarter of the previous year. It constituted 6.5 per cent of the company’s total sales volume. The annual tally for the Ioniq 5 and Ioniq 6 e-SUVs last year amounted to nearly 47,000 units, marking a strong surge of 104 per cent and representing an impressive 6 per cent share of the company’s total sales.

While the Ioniq lineup took center stage, Hyundai's commitment to electrification extended to some other models as well. While the company didn’t provide specific figures for plug-in models like the Santa Fe PHEV and Tucson PHEV, notable year-over-year surge was reported for these models, with the Santa Fe PHEV and Tucson PHEV showcasing growth of 3,205 per cent and 8,455 per cent, respectively.

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