Electric Vehicles – Hyundai Motor Group, a South Korean automaker, announced on Tuesday that they have surpassed the 1 million milestone in global cumulative sales of their electric vehicles. This achievement comes 11 years after the company first began selling electric vehicles in 2011.
The Hyundai Motor brand, along with its premium brand Genesis, have sold 601,448 electric vehicles and Kia has sold 420,836 electric vehicles. The company’s first electric vehicle, the BlueOn, was only able to sell 236 units in 2011. However, EV sales figures began to show meaningful growth when Kia released the Soul EV, a compact sport utility vehicle, in late 2014. Soul EVs logged 2,437 in sales that year alone, exceeding 1,000 annual EV sales for the first time in the automaker’s history.
The upward trend continued as the company sold 11,063 Kia Soul EVs in 2015. With Hyundai Motor introducing Ioniq Electric, its first EV since BlueOn, in 2016, the automaker began to pick up its pace in the EV race. Hyundai Motor Group’s total EV sales more than doubled for two consecutive years — 2017 and 2018.
The automaker launched the Hyundai Ioniq 5, Kia EV6 and Genesis GV60 – the first EVs equipped with the company’s self-developed EV platform named Electric Global Modular Platform, or E-GMP — in 2021. According to Hyundai Motor Group, Kona Electric was the most-sold EV model with 256,907 units sold, followed by Niro EV at 200,302, Ioniq 5 at 165,637 and EV6 at 112,893.
Hyundai Motor Group’s EV models on the market climbed to 15 as of last year. Ioniq 5 and EV6 have garnered a number of accolades since their launch in 2021, including Ioniq 5 being honored with the World Car of the Year at the 2022 World Car Awards and EV6 winning the 2022 Car of the Year in the European Car of the Year Awards.
Hyundai Motor Group Executive Chair Chung Euisun emphasized the importance of becoming a first mover in the EV industry in a New Year’s town hall meeting earlier this month. The automaker plans to release at least four new EVs — the all-new Kona Electric, a high-performance Ioniq 5 N, an upgraded Ray EV and EV9, the group’s first large electric SUV this year.
The company is looking to continue its growth in the EV market and stay ahead of the competition by introducing new models and technology in order to meet the increasing demand for electric vehicles.
Hyundai Motor Group is proud to announce that they have surpassed the 1 million milestone in global cumulative sales of their electric vehicles. This achievement comes 11 years after the company first began selling electric vehicles in 2011. The Hyundai Motor brand, along with its premium brand Genesis, have sold 601,448 electric vehicles and Kia has sold 420,836 electric vehicles.
The company’s first electric vehicle, the BlueOn, was only able to sell 236 units in 2011. However, EV sales figures began to show meaningful growth when Kia released the Soul EV, a compact sport utility vehicle, in late 2014. Soul EVs logged 2,437 in sales that year alone, exceeding 1,000 annual EV sales for the first time in the automaker’s history.
This was the beginning of a upward trend, which saw the company selling 11,063 Kia Soul EVs in 2015. With Hyundai Motor introducing Ioniq Electric, its first EV since BlueOn, in 2016, the automaker began to pick up its pace in the EV race. Hyundai Motor Group’s total EV sales more than doubled for two consecutive years — 2017 and 2018.
The automaker launched the Hyundai Ioniq 5, Kia EV6 and Genesis GV60 — the first EVs equipped with the company’s self-developed EV platform named Electric Global Modular Platform, or E-GMP — in 2021. According to Hyundai Motor Group, Kona Electric was the most-sold EV model with 256,907 units sold, followed by Niro EV at 200,302, Ioniq 5 at 165,637 and EV6 at 112,893.
Hyundai Motor Group’s EV models on the market climbed to 15 as of last year. Ioniq 5 and EV6 have garnered a number of accolades since their launch in 2021, including Ioniq 5 being honored with the World Car of the Year at the 2022 World Car Awards and EV6 winning the 2022 Car of the Year in the European Car of the Year Awards.
Hyundai Motor Group Executive Chair Chung Euisun emphasized the importance of becoming a first mover in the EV industry in a New Year’s town hall meeting earlier this month. The automaker plans to release at least four new EVs — the all-new Kona Electric, a high-performance Ioniq 5 N, an upgraded Ray EV and EV9, the group’s first large electric SUV this year.
The company is looking to continue its growth in the EV market and stay ahead of the competition by introducing new models and technology in order to meet the increasing demand for electric vehicles.
The company’s efforts in developing and producing electric vehicles have not gone unnoticed, as they have been recognized by both industry experts and consumers alike. This milestone is a testament to Hyundai Motor Group’s commitment to creating sustainable and innovative transportation solutions for the future.
The company looks forward to continuing to provide their customers with high-quality electric vehicles and to continue to play a major role in the transition to a more sustainable future for the automotive industry.