Hyundai is exhibiting no indicators of slowing down within the US EV market after a record-breaking second quarter. The Hyundai IONIQ 5 and IONIQ 6 each set new Q2 gross sales information as demand for long-range EVs at an inexpensive worth continues to climb within the US.
Hyundai IONIQ 5 tops Q2 gross sales report within the US
After setting a brand new Might gross sales report, Hyundai’s electrical SUV continued its scorching streak final month. Hyundai bought 3,755 IONIQ 5 fashions within the US final month (+20% YOY), a brand new June report.
Though it’s down barely from the 4,449 bought in Might, the expansion was sufficient to push Hyundai’s IONIQ 5 to a brand new Q2 gross sales report. Hyundai bought 11,906 IONIQ 5s within the second quarter of 2024, up 51% from the 7,905 handed over right now final yr.
Hyundai has now bought 18,728 IONIQ 5 fashions by means of the primary half of 2024, a rise of 37% over final yr.
The IONIQ 5 wasn’t Hyundai’s solely EV with a brand new gross sales report. With 3,266 fashions bought (+8% YOY), Hyundai’s IONIQ 6 additionally set a brand new Q2 gross sales report. Hyundai’s total EV gross sales climbed 15% in Q2.
.
January | February | March | April | Might | June | 2024 YTD Whole | % Chg YTD | |
Hyundai IONIQ 5 gross sales | 1,465 | 1,993 | 3,361 | 3,702 | 4,449 | 3,755 | 18,728 | +37% |
The information comes after Kia set a brand new Q2 EV gross sales report as demand for its three-row EV9 and low-cost EV6 continues climbing.
Hyundai Motor America CEO Randy Parker stated the robust demand for the IONIQ 5 helped drive progress in Q2.
In a current interview with Electrek, Parker informed us Hyundai is “humble and hungry” to distance itself from the EV pack and shut the hole with Tesla.
Parker defined that Hyundai is giving consumers confidence to go electrical with long-range, fast-charging EVs at an inexpensive worth. Hyundai has six of the highest ten most fuel-efficient EVs within the US this yr by trim.
2024 Hyundai IONIQ 5 trim |
Beginning Value (excluding vacation spot price) |
Value after potential $7,500 EV tax credit score (excluding vacation spot price) |
Vary (EPA est miles) |
SE Customary Vary | $41,800 | $34,300 | 220 |
SE | $45,850 | $38,350 | RWD: 303 AWD: 260 |
SEL | $47,400 | $39,900 | RWD: 303 AWD: 260 |
Restricted | $53,500 | $46,000 | RWD: 303 AWD: 260 |
D100 | $59,400 | $51,900 | 260 |
In the meantime, the 2024 IONIQ 5 is now extra inexpensive to lease than the most cost effective automotive within the US.
Though the Nissan Versa begins at beneath $18,000, the IONIQ 5 is cheaper to lease at $229 monthly for twenty-four months. And that’s for the 2024 Hyundai IONIQ 5 SEL RWD with as much as 303 miles vary.
For those who’re available in the market for a brand new EV, there’s by no means been a greater time to start out procuring. You should utilize our hyperlinks beneath to view offers on Hyundai’s EVs at a supplier close to you.