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HomeEV & BatteryUS: Ioniq 6 Boosted Hyundai BEV Sales In April 2023 Beyond 3,000

US: Ioniq 6 Boosted Hyundai BEV Sales In April 2023 Beyond 3,000

Hyundai Motor America reports the best April ever in terms of car sales in the United States. Last month, the company sold 70,812 vehicles (up almost 15 percent year-over-year). After the first four months, Hyundai sold 255,261 units (up 15.3 percent year-over-year).

The South Korean brand is also increasing its all-electric car sales – specifically, sales of the E-GMP-based models (Ioniq 5 crossover/SUV and Ioniq 6 sedan).

In April, Hyundai BEV sales (excluding the Kona Electric, for which data remain unavailable), amounted to 3,213, which is the first-ever result above 3,000 in a single month. The year-over-year increase was 20 percent, while the Ioniq 5/Ioniq 6 share out of the brand’s total volume amounted to 4.5 percent.

It’s worth noting that the Ioniq 5 noted a slight decrease in sales by 13 percent year-over-year compared to 2,323, but we must remember that it’s not eligible for the $7,500 federal tax credit so it’s not a surprise. Meanwhile, the Ioniq 6 sales, in the second month on the market, approached 1,000 units.

Hyundai BEV sales last month:

So far this year, more than 9,000 Hyundai Ioniq 5/Ioniq 6 were sold in the US (up 3 percent year-over-year).

Hyundai BEV sales YTD in 2023:

  • Hyundai Ioniq 5: 8,059 (down 10% year-over-year)
  • Hyundai Ioniq 6: 1,112 (new)
  • Hyundai Kona Electric: N/A
  • Total Ioniq family: 9,171 (up 3% year-over-year) and 3.6% share

For reference, during the 12 months of 2022, the total sales of the Hyundai Ioniq 5 amounted to 22,982, which represented about 3.2 percent of the total volume.

This year, Hyundai will be affected by the Inflation Reduction Act of 2022 (IRA), which removed the $7,500 federal tax credit for imported BEVs, but that’s a temporary issue considering the already announced investments in local production.

Unfortunately, the official stats do not include the sales results of other all-electric or plug-in hybrid models, as they are counted together with conventional or non-rechargeable hybrids.

What we do know is that the Kona Electric is up 155 percent year-over-year, while the Tucson PHEV noted a 47 percent increase.

The hydrogen fuel cell model – Hyundai Nexo – noted just 16 units last month (down 66 percent). So far this year, 81 have been delivered, which is 62 percent less than a year ago.

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