Tuesday, April 29, 2025

Hyundai IONIQ 5 Sales Grow 51% in USA

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Following up on different excellent news tales about EV gross sales leaping in October, we’ve obtained one from Hyundai. Nonetheless, there’s additionally a bit of twist.

Within the US market, gross sales of Hyundai’s IONIQ 5 jumped a rockin’ 51% in October 2024 in comparison with October 2023. The mannequin had 4,498 gross sales in October 2024 versus 2,979 gross sales in October 2023.

Now, on the flip aspect, the Hyundai IONIQ 6 misplaced gross sales. Nonetheless, not by practically as a lot. IONIQ 6 gross sales dropped 32% from 1,239 to 837.

There’s yet another distinction too. The Hyundai Kona EV continues to be being bought, however its gross sales have been dropping because the mannequin is being phased out in favor of the newer-generation IONIQ 5 and IONIQ 6. Nonetheless, Hyundai doesn’t get away these gross sales individually, and didn’t present developments on total EV gross sales. We’ll have extra information on these on the finish of the quarter.

Hyundai did add one other little part on awards its EVs have been profitable. “Hyundai Most Awarded Automaker in Cars.com’s 2025 Top Pick EV Awards: Hyundai’s IONIQ electric vehicles have each been awarded 2025 Top Picks by Cars.com as part of their updated EV Buying Guide. The 2025 IONIQ 6 was named the Top Pick, Electric Car and Top Pick, Value EV, while the 2025 IONIQ 5 was named Top Pick, 2-Row Electric SUV,” the company wrote.

The corporate is unquestionably designing, growing, and promoting some high electrical autos. The IONIQ 5 is on the highest of my record for a possible subsequent EV. Nonetheless, if we’re being trustworthy, gross sales are nonetheless fairly small. The IONIQ 5’s 4,498 gross sales in October plus the IONIQ 6’s 1,239 gross sales add as much as 5,737 gross sales. Multiplying that complete by 12, one would get an annualized gross sales fee of 68,844 autos within the US. It’s a begin, however it’s not superb.


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