Hyundai’s IONIQ five just set a new sales record for the month of March and the first quarter, and EV sales soared 100 percent last month. The company posted its most productive sales in the first quarter and March, as demand for its electric cars continues. high.
Hyundai continues to gain momentum in the U. S. The U. S. is launching its lineup of committed electric vehicles, the IONIQ 5, IONIQ 6 and Kona EV.
Despite festivals and emerging interest rates, the automaker posted record sales in March and the first quarter. “Demand for our vehicles, especially electric vehicles, remains strong,” said Randy Parker, CEO of Hyundai Motor America.
After ascending to the sixth best-selling electric vehicle in the U. S. Compared to the U. S. last year, Hyundai’s IONIQ five is rarely slowing down.
Hyundai’s EV sales doubled (100%) in March and the IONIQ five set a new record with 3,361 models sold. That’s 58% more than the 2,114 IONIQ five delivered last March. Electric vehicle sales in the first quarter also hit a new record. , 62% compared to the first quarter of 2023.
In the first three months of the year, Hyundai sold 6,822 IONIQ five models, up 18% from last year, setting a record.
Hyundai’s other committed EV, the IONIQ 6, also saw increased demand. IONIQ 6 sales reached 1,984 in March (794% year-over-year) for a total of 3,646 in the first quarter.
This comes after electric vehicle startup Rivian announced this morning that it delivered 13,588 cars in the first quarter as it prepares to close its production plant in Normal, Illinois, for upgrades.
Tesla beat expectations by a wide margin with 386,810 EVs delivered in the first quarter, versus a consensus of around 431,000.
I just rented a new RWD SEL Ioniq 5. The broker just threw cash at us, it was kind of crazy. It’s a car; Good idea, well built, with an amazing external appearance and a very relaxing and fun interior. By saving $10,000 on MSRP, you’re neglecting any reasonable interior.
In fact, this is the car Americans deserve to take the trouble to buy. . . at this price.
The Kona EV, one of the most affordable electric cars in the U. S. The U. S. economy, with starting prices below $33,000, also posted its peak productive sales in the first quarter. Hyundai has updated the Kona EV in 2024 in each and every way with more range, faster. charging and a sleek design.
Hyundai’s new sales records come after it slashed EV costs and introduced significant incentives. The Hyundai IONIQ 6 and Kona EV are two of the cheapest cars (EV or gas) to lease, at just $169 per month.
The IONIQ 6, according to a new report from Boston Consulting Group, is the only electric vehicle that meets prospective buyers’ price, diversity and charging goals. Tesla’s Model 3 is the closest time to reaching the threshold.
If you’re considering Hyundai’s all-electric vehicles, now might be the most productive time to start shopping. We can help you get there today. You can use our links below to find great deals on Hyundai electric models at a dealership near you. .
Peter Johnson covers the automotive industry’s step-by-step transformation to electric vehicles. He is a seasoned investor, money writer, and electric vehicle enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is one of the main reasons he pursued a career in investing. If he doesn’t tell you about his latest discoveries in the 10K, you can spot him enjoying the outdoors or exercising.