Hyundai Motor America reported its best February ever in the United States, with 57,044 vehicles sold, a 9 percent increase from the same period last year. So far this year, the company has sold 109,045 units, a 9 percent increase from 2022. The Hyundai Ioniq 5 saw 2,074 sales in February, a 19 percent decrease from the same period last year, but still the best result since June 2022 (without the $7,500 federal tax credit). The Ioniq 5 accounted for 3.6 percent of total sales. Hyundai also reported a 753 percent year-over-year increase in sales of the Hyundai Kona Electric, though exact figures were not provided. The all-new Hyundai Ioniq 6 is expected to enter the market this Spring.
So far this year, 3,622 Hyundai Ioniq 5s have been sold in the US, a 2 percent increase from 2022. For reference, 22,982 Ioniq 5s were sold in the US in 2022, representing 3.2 percent of total sales. Hyundai is expected to introduce more electric cars and gradually increase sales of all-electric vehicles, though this may be temporarily slowed down by the Inflation Reduction Act of 2022 (IRA), which removed the $7,500 federal tax credit for imported BEVs. In the long-term, Hyundai (and the broader Hyundai Motor Group) will produce electric cars locally in the US, so there will be no issue of a lack of eligibility for local EV incentives.
Unfortunately, official stats do not include sales results of other all-electric or plug-in hybrid models (Kona Electric, Ioniq Electric, Ioniq Plug-In, Santa Fe PHEV and Tucson PHEV), as they are counted together with conventional or non-rechargeable hybrids. The hydrogen fuel cell model – Hyundai Nexo – noted just 28 units in the last month (up 12 percent). So far this year, 44 were delivered, which is 17 percent less than a year ago.
FAQ
Q1: Are electric car batteries recyclable?
A1: Yes, electric car batteries are recyclable.
Q2: Are electric car chargers free?
A2: It depends on the charger and the location. Some electric car chargers are free, while others may require a fee.
Q3: Can electric car batteries be rebuilt?
A3: Yes, electric car batteries can be rebuilt with the right tools and knowledge.
