Hyundai EV Sales Drop In The US, Hybrid Soars

Santa Fe Hybrid. (Photo: Hyundai)

JAKARTA - Hyundai's electric car sales have fallen in the United States, it has been suspected since federal electric vehicle tax credit expired since September 30.

According to a Carscoops report, quoted on Thursday, December 4, Ioniq 5's sales fell 59 percent in November, compared to last year in the same month.

The condition of Ioniq 6 is also as bad as the only 489 units sold this November, down 56 percent. Cumulative sales also decreased, from 11,055 units in 2024 to 10,019 units so far this year, marking a 9 percent decline.

Ioniq 9 seven passengers and three lines were not available last year, but sales are still relatively slow. A total of 315 units were sold last month, slightly down from 317 units sold in October. To date, 4,809 units have been sold.

However, in the midst of the drop in sales of electric cars, the hybrid model is on the rise. It even jumped up to 42 percent in November. Making November the strongest hybrid moon Hyundai has ever recorded.

The surge is very important in offsetting the decline in sales of electric vehicles and maintaining overall growth until the last quarter.

Among each hybrid model, some showed excellent performance. In November, the Palisade rose to 10 percent, Santa Fe rose 13 percent,URE continued its positive trend with an 18 percent increase. Even a small venue grew 35 percent.

Currently, Hyundai ranks in the US are showing a clear gap between increasing hybrid car sales and weakening demand for electric vehicles.

The next few months will show whether the hybrid momentum can be sufficient to strengthen the company's position in the weakening electric vehicle market.