JAKARTA - In June, Hyundai reported total sales of its vehicles of 67,631 units or a 2.5 percent decline in the United States (US) market. However, this manufacturer from South Korea actually recorded impressive results on sales of the electric vehicle sector.

The mainstay model is Ioniq 5, experiencing an increase in sales trends. In fact, this electricity crossover set a record for the latest quarter.

Reporting from InsideEVs, Thursday, July 4, this sloping manufacturer with the 'H' logo managed to sell 4,669 EV units with the E-GMP platform in the US or almost touched 9 percent more than last year and contributed 6.9 percent of the total brand volume.

Of these, 3,755 units of which were Ioniq 5 or up 20 percent from last year and 914 units were Ioniq 6 (down 21 percent). Unfortunately, the manufacturer has not disclosed the sale of Kona Electric which is calculated in conjunction with the combustion engine (ICE) version and it is not yet clear how many Ioniq 5 N units were successfully sold.

Meanwhile, in the second quarter (April to June) this year, Hyundai managed to sell a total of 15,172 Ioniq 5 and Ioniq 6 units in the US market, an increase of 39 percent. Of these, 11,906 units of them were generated from Ioniq 5 or an increase of 51 percent.

During 2024, Hyundai managed to sell a total of 25,640 units of Ioniq 5 and Ioniq 6 models in the US market or experienced an increase of up to 52 percent and contributed 6.4 percent of the total volume of this brand.

The company said total sales of electric vehicles in the first half of this year increased by 33% but did not give the exact figure because the sales volume of Hyundai Kona Electric is also still unknown.

The increase in sales of Ioniq 5 was not without reason. Hyundai aggressively promoted the rental agreement on the model and made it one of the most affordable EVs for customers.

This is done partly because Hyundai electric vehicles are not included in the tax credit system because they are made in America, but the credit is still valid when the car is rented. At the end of this year, the facelift version of Hyundai Ioniq 5 will be present in the US, so it meets the requirements to get a full tax credit of 7,500 US dollars (IDR 122.5 million).


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