June was a difficult month for Hyundai Motor America, as its complete U.S. gross sales decreased by 2.5% year-over-year to 67,631. Nonetheless, its all-electric automobile gross sales continued to extend, with the Ioniq 5 setting a brand new quarterly file.Â
Final month, Hyundai bought 4,669 electrical automobiles based mostly on its E-GMP platform within the U.S., virtually 9% greater than a yr in the past. That is about 6.9% of the model’s complete quantity.
25,000 Hyundai Ioniq 5 and Ioniq 6 gross sales in H1 2024
Hyundai noticeably elevated gross sales of the Ioniq 5 and Ioniq 6 within the U.S. The full quantity of the E-GMP-based fashions exceeded 25,000 and was greater than 50% increased than a yr in the past.
This determine contains 3,755 Ioniq 5s (up 20% year-over-year) and 914 Ioniq 6s (down 21%). The South Korean producer doesn’t report the Hyundai Kona Electrical gross sales, that are counted along with the inner combustion Kona. Additionally it is unclear what number of performance-focused Ioniq 5 Ns have been bought, because the automaker does not break these gross sales out individually.
In latest months, Hyundai has promoted aggressive lease offers on the Ioniq 5 and Ioniq 6, making the 2 EVs a few of the most inexpensive automobiles to acquire proper now—agnostic of their powertrain. This was performed partly as a result of Hyundai’s EVs are not noted of the tax credit score system as a result of they’re made in America, however that credit score nonetheless applies when the automobiles are leased. Later this yr, the up to date 2025 Hyundai Ioniq 5 might be constructed within the U.S., which ought to qualify it for the total $7,500 tax credit score.
Nonetheless, the Ioniq 6’s decline—regardless of the automobile getting stellar evaluations—proves that the U.S. continues to be an SUV and truck market, and never a sedan market. Â
Hyundai BEV gross sales final month (YOY change):
- Hyundai Ioniq 5: 3,755 (up 20%)
- Hyundai Ioniq 6: 914 (down 21%)
- Hyundai Kona Electrical: N/A
- Complete Ioniq household: 4,669 (up 9%) and 6.9% share
In the course of the second quarter of 2024, Hyundai bought 15,172 Ioniq 5s and Ioniq 6s automobiles within the U.S., 39% greater than a yr in the past. Q2 was particularly good for the Ioniq 5, which set a brand new quarterly file of 11,906 (up 51% year-over-year.)
To this point this yr, 25,640 Hyundai Ioniq 5s and Ioniq 6s have been bought within the U.S., up 52% yr over yr and representing about 6.4% of the model’s complete quantity.
The corporate says the overall EV gross sales within the yr’s first half elevated by 33% however doesn’t present a precise quantity. Once more, the Hyundai Kona Electrical’s gross sales quantity additionally stays unknown.
Hyundai BEV gross sales year-to-date (YOY change):
- Hyundai Ioniq 5: 18,728 (up 37%)
- Hyundai Ioniq 6: 6,912 (up 113%)
- Hyundai Kona Electrical: N/A
- Complete Ioniq household: 25,640 (up 52%) and 6.4% share
For reference, through the full calendar yr of 2023, the overall gross sales of the Hyundai Ioniq 5 and Ioniq 6 amounted to 46,917, representing about 5.9% of the automaker’s complete quantity.
As a result of decrease base in H1 2023, reaching a strong development fee within the first half of the yr was comparatively straightforward. The brand new problem might be to beat the second half of 2023, which resulted in over 30,000 Ioniq 5 and Ioniq 6 gross sales.
Sadly, the official stats don’t embody the gross sales outcomes of different plug-in fashions just like the Santa Fe PHEV and Tucson PHEV, as they’re counted along with typical or non-rechargeable hybrids.
The hydrogen gasoline cell mannequin, the Hyundai Nexo, bought simply seven models final month, down 13% year-over-year. Solely 77 have been bought in 2024, down 27% from final yr.
