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Transportation Power

Hyundai Has Best Month Ever in U.S. Electric SUV Sales Suddenly Double (electrek.co) 176

Hyundai "just had its best sales month ever in the U.S.," reports Electrek Hyundai's impressive EV lineup is charging up demand, with its best-selling Hyundai IONIQ 5 SUV also setting a new U.S. record after sales more than doubled in November. With 76,008 vehicles sold in November, Hyundai's record-breaking U.S. sales streak is not slowing down. Hyundai Motor America CEO Randy Parker credited the growing demand for EVs and hybrid vehicles to the growth.

Hyundai's EV sales rose 77% from last year, while hybrid sales surged 104%. Electrified retail sales (EV, PHEV, and hybrid models) climbed 92% in total last month. Several vehicles, including the Santa Fe HEV, Tucson PHEV, Tucson HEV, and IONIQ 5, had their best-ever sales month.

The article also notes increasing sales for Hyundai's electric SUV, the IONIQ 5. Starting at $43,975 — and recently upgraded to a range of 245 miles (or 318 miles for the $46,550 extended-range model) — it features an NACS port for accessing Tesla's Supercharger network.

Hyundai Has Best Month Ever in U.S. Electric SUV Sales Suddenly Double

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  • by Viol8 ( 599362 ) on Wednesday December 04, 2024 @11:37AM (#64990443) Homepage

    ... so badly that all these customers went to Hyundai instead? Because I very much doubt all these news customers suddenly decided to go EV instead of ICE.

    • by Gravis Zero ( 934156 ) on Wednesday December 04, 2024 @11:41AM (#64990459)

      very much doubt all these news customers suddenly decided to go EV instead of ICE.

      It's not sudden and doubting the truth does not make it less true.

    • by timeOday ( 582209 ) on Wednesday December 04, 2024 @11:44AM (#64990463)
      Even if they are taking potential sales from Tesla, some or many of those would have been first-time EV buyers. The share of the US auto market going EV has been and is rising consistently - EV sales share doubled from 2021 to 2023:

      https://theicct.org/us-ev-sale... [theicct.org]

    • by ArchieBunker ( 132337 ) on Wednesday December 04, 2024 @11:49AM (#64990485)

      It's a great vehicle and uses a platform shared with the Kia EV6. Yes I know it's difficult to believe that a company built a good EV and customers are buying it.

      • MIL got an EV6 about a week ago.
        Nice little car.
        Glad to see some real competition in the EV space.
        • Re: (Score:2, Informative)

          by shilly ( 142940 )

          Amazing to hear at it described as a nice *little* car. In the UK, it's on the large side. Not massive, but definitely not little. Here, the Inster is a small Hyundai EV (and also v impressive)

          • Ya, we definitely have different normal scales of cars in the US vs. the UK, lol.
            It felt little compared to my Mustang.
      • It's just hard to believe that Hyundai is capable of it when their ICEVs are about four times more likely to catch fire than average.

      • I bought a 2022 Kona EV. (One needs to specify EV since Hyundai also makes a Kona ICE.) I've been very happy with it. I don't remember now why I preferred it to the Ioniq. Unfortunately for me, the 2023 Kona EV added the vehicle to load feature, so I missed it by 1 year. That would have been nice to have.
        • I'm actually looking at used Niro EVs right now. Seems like they are a bit more sporty than the Kona. For some reason no dealers in my area have any for sale, they're all 100+ miles away or out of state.

    • by CEC-P ( 10248912 )
      FORD! Their engineers should be locked up in an asylum. They clearly do not have brains that work a normal human way.
    • by Targon ( 17348 ) on Wednesday December 04, 2024 @12:27PM (#64990623)

      Hyundai has been seeing increased sales since Ford decided in the infinite stupidity of its CEO to stop selling normal cars in North America and to go only Trucks and SUVs. Now, keep in mind that every car you see on the road is an advertisement for that brand, so a reduction in the number of Ford vehicles means Ford goes down, no matter what their gross profit margin may say, the number of sales is going down over time from that bran-dead attitude. Note how many Hyundai vehicles you see on the road these days, and you see why sales are just going up, because as I mentioned, each one you see on the road is an advertisement.

      Then, you have to look at not just what features a vehicle has, but how well implemented the features are. Hyundai makes many of the features EASY, so it's a part of what makes it easier to drive. Over time, this makes many people just look at Hyundai as a brand worth considering, and then you get to looking at the individual vehicles. Hyundai isn't EV-only, but when you compare vehicles, Ford and GM haven't shown themselves to be terribly innovative.

      • Ford *IS* still selling the Mustang. They did copy Mitsubishi's ruination of the Eclipse and changed it from a car into a crossover and made it fugly as hell too... even worse than what was done to the Eclipse. But it is technically not a truck or full-sized SUV.

    • Re: (Score:2, Interesting)

      by Junta ( 36770 )

      I suspect you are seeing a few things:

      First, knowledge that all those EV incentives will be axed almost certainly under the incoming administration, so if you want that tax credit, you got to move.

      Second, on top of that the tariffs are likely to wreck things, better get stuff now rather than waiting.

      Third, Tesla. Tesla's prime target demographic is also the one the most likely to be pissed off by Elon Musk's shenanigans. Helping Hyundai out here, as far as I read, they managed to get NACS port already, so

    • by ThosLives ( 686517 ) on Wednesday December 04, 2024 @01:04PM (#64990733) Journal

      Why is there an assumption that someone has to screw up for someone else to succeed?

      Is it not possible that Hyundai simply offers a compelling product?

      • So how did their product suddenly become that much more compelling this month?
        • by MachineShedFred ( 621896 ) on Wednesday December 04, 2024 @03:14PM (#64991053) Journal

          Because at the end of next month, it's very likely that same Hyundai you buy this month becomes at least 20% more expensive through idiot tariffs. And the current tax incentives to buy an EV likely go away soon after, if the incoming Congress actually figures out how to move a bill through both chambers.

          If you're looking to make a large durable goods purchase and not pay at least 20% more than today's prices, better get out your wallet and get it done today.

          • I have no idea why this would beg modded as Flamebait. The end of EV tax credits and the imposition of tariffs would make EVs significantly more expensive so there certainly is a compelling event. Not all manufacturers report at the same time so it will be interesting to see if it's just Hyundai or if other manufacturers also sell out there EV inventory.
      • Why is there an assumption that someone has to screw up for someone else to succeed?

        Is it not possible that Hyundai simply offers a compelling product?

        Agreed - I've owned a Hyundai in the past, and I've found them to be solid cars. When (if ever) I need a replacement vehicle, Hyundai is among the top on my list of makers to look at.

        • Another compelling thing for Hyundai is that they are moving away from touchscreens back to physical controls. For me, that has moved them up my list by quite a way.
          • Another compelling thing for Hyundai is that they are moving away from touchscreens back to physical controls. .

            That's something that you end up missing only when you don't have it anymore - I had installed an aftermarket Android-based unit to replace the original stereo unit in one of my cars, and I had decided to go with the 'touch-screen only' smooth look (no knobs version), but later discovered that trying to tune or adjust the volume couldn't be done by touch (on a touchscreen of all things!) and required me to actually look at the screen for any adjustments (vs buttons or a knob).

            If I did the same for another v

      • by AmiMoJo ( 196126 )

        They seem to have a lot of good models, and the Ioniq 5N appeals to petrol heads with its fake gearbox and fake engine sounds.

      • Why is there an assumption that someone has to screw up for someone else to succeed?

        It's not an assumption, Tesla was always the top of the heap when it came to EV sales in the USA. My theory though is that it's less about the politics of Musk and more that Tesla's model selection is very limited and they've made a lot of design choices which can put off first-time EV buyers.

        At its core though, competition is about a different company succeeding because the other screwed up. Tesla's early success was because the traditional automakers screwed up by dragging their ass on EV development.

    • by PsychoSlashDot ( 207849 ) on Wednesday December 04, 2024 @01:31PM (#64990805)

      ... so badly that all these customers went to Hyundai instead? Because I very much doubt all these news customers suddenly decided to go EV instead of ICE.

      Dunno. Those are two, disconnected thoughts.

      Two weeks ago I traded a Charger Hellcat 707-horsepower monster for a Hyundai Ioniq 5N. Which is faster. And nimbler. And hundreds of dollars a month in gas cheaper. And the car was cheaper than the Hellcat was six years ago. And the quality of the interior and general electronic feature set is superior.

      Did anyone screw up in my case? No. Did Hyundai release a darned good car? Yes.

      • Wait, those can be traded in? Based on youtube I thought people normally just crashed them into a telephone pole. You have my congratulations.
      • Those are two, disconnected thoughts.

        Two weeks ago I traded a Charger Hellcat 707-horsepower monster for a Hyundai Ioniq 5N.

        Sometimes they write themselves.

    • by Sebby ( 238625 )

      ... so badly that all these customers went to Hyundai instead?

      Perhaps Hyundai is simply better than others? I know that I have zero interest in a muskraTmobile. GM's efforts in the EV arena are piss-poor. Ford seems to only concentrate on the Lightning (I know they have other choices, but aren't interesting). Other brands tend to be even more expensive.

    • All of them. Between the American companies producing expensive compliance cars with the exception of Musk, whose latest car can't even get shipped without bricking itself when a cold wind blows https://www.torquenews.com/118... [torquenews.com] or worse, bricks before it even leaves the showroom https://www.torquenews.com/118... [torquenews.com] combined with the owner of the company going off the rails, why would anyone buy American if they are in the market for an EV.

      And what's the alternative? You don't trust China, the Europeans have p

    • They had a bad November last year I guess.
      Sales up 30% year on year, 100% November 2023 compared to November 2024.
      Typical advertising, cherry picking the best numbers out of a pile of statistics.
      The linked article isn't even an article, it's a Hyundai advertisement.

    • by mspohr ( 589790 )

      Pretty much all of them.
      Elon Musk has done permanent damage to Tesla to the point where lots of people won't buy the cars.
      All of the others are making fairly pathetic EVs.
      Hyundai and Kia are rare exceptions with decent cars.
      (Of course, the Chinese have lots of good EVs but we can't buy them in the US.)

  • The NACS port is not simply for Tesla's Supercharger network, it's an actual standard and it is used. I've seen it at evGo charge stations. NACS is the port every EV car producer has (finally) agreed to use.

    • The NACS port is not simply for Tesla's Supercharger network, it's an actual standard and it is used.

      Outside of the Supercharger network, most NACS chargers are L2. DCFC with a CCS1 connector are going to be around for a very long time. Heck, even CHAdeMO is hanging on longer than it reasonably should've.

      At any rate, I've got my adapters for my Bolt, so I'm good.

  • "SUV" (Score:4, Interesting)

    by hipp5 ( 1635263 ) on Wednesday December 04, 2024 @11:39AM (#64990451)
    Man, can we please stop grossly misusing that term?? In no world is the Ioniq 5 an SUV.
    • It looks more like a VW GTI sized-hatchback than an SUV. It's definitely bigger than the GTI but yeah it's a 4-door hatchback IMO.

    • It's not a crossover either since that implies ground clearance. It's not a station wagon because it is too short.
    • by garcia ( 6573 )

      There is no universally accepted definition for SUV, particularly across country boundaries. The only real differentiator seems to be available 4-wheel drive. Assuming the Ioniq 5 is the AWD versions and not the RWD ones, I guess it fits the most basic definition.

      • Hey, let's get into a fight over whether EV's have AWD or 4WD.
        • Well, the I5 has AWD, as the wheels can accelerate independently. But the funny part is that you can get an I5 without AWD, which means you could concievably have two I5s sitting side by side, externally identical, and under this definition, point at one and say 'That's an SUV' then to the one beside it and say 'that's not an SUV.'
      • If it's not full frame, it's a crossover.

        That doesn't necessarily make it bad but it does make it car-based, which is what crossovers are.

    • "Crossover SUV" is a good term - nebulous enough to rule out only traditional-height cars and body-on-frame SUV's.
    • In no world is the Ioniq 5 an SUV.

      Actually in most of the world it's an SUV. Just not in America, where it is more of a small hatchback.

  • Still too expensive.
    Pull out the ipad crap, put in knobs, make a cheap trim. 25k is all i'm paying for a friggin car. Me buying electric, pulling oil out of my heating system, etc WON'T save the world... so I'm not gonna try by bankrupting myself. neither will most normies.

    • The bottom of the barrel cheapest vehicle is now $19,000. https://www.kbb.com/best-cars/... [kbb.com]

    • Average transaction price of a new car in the US is $48k.

      That doesn't mean there isn't market for cheaper vehicles, but it does mean they're not "normies".
    • by Targon ( 17348 )

      A non-EV will cost you $28,000+ for something that is full featured for a mid-sized sedan. Base Elantra internal combustion is $21875 for the 2025. So, going to hybrid makes it quite a bit more, going full EV is quite a bit more.

    • $3-5000 cheaper than the average (Depending on the source, the first page of Google results range from $47,010-$48,401.) purchase price of a car in the US is "still too expensive" in what reality? Once the tariffs jack it up into the $60K range, sure it will definitely be too expensive, but without the "still."

  • New Ioniq 5 owner (Score:3, Interesting)

    by Gandoron ( 681748 ) on Wednesday December 04, 2024 @11:57AM (#64990507)

    Got an Ioniq 5 in Sept. Been planning on switching the primary car to EV for a long time. NACS switch is great; I will be using an adapter on current car (J1772) for the next few years...but wasn't a deal breaker. Car isn't perfect, but very nice. Not an SUV, came from a subaru crosstrek, these are just AWD cars, maybe crossover?...we need a better term.

    What put it over the top was the paddle shifting for different regenerative states. Switching to coast for highway or long stretches, then i-pedal for city or stop signs is great. Gives me something to do to optimize...miss my old stick.

  • by SuiteSisterMary ( 123932 ) <.slebrun. .at. .gmail.com.> on Wednesday December 04, 2024 @12:18PM (#64990571) Journal

    I love my Ioniq 5. Great vehicle.

    But it's not an SUV. It's a modern station wagon, more commonly called a 'crossover.'

    Now, the Ioniq 7 (though now I think they've renamed it to the Ioniq 9 or something) is going to be their SUV offering.

    • Sorry but a crossover is not a station wagon. There must be some resemblance of ground clearance in a crossover. And there must be some resemblance of a sedan turned into a long bus to be a station wagon.

      This is a family hatchback.
    • by Sebby ( 238625 )

      I love my Ioniq 5. Great vehicle.

      But it's not an SUV.

      Agreed - it's still too small & short (height) to be an "SUV"; it's definitively a hatchback - a large hatchback compared to others.

  • by organgtool ( 966989 ) on Wednesday December 04, 2024 @12:34PM (#64990643)
    I can't help but wonder if it's a coincidence that Hyundai experiences an increase in growth and Telsa experiences a decline in growth during the same month that Leon starts getting far more directly involved in politics. The right-wingers are quick to point out how detrimental it is for companies to push far-left policies but I'm pretty sure that sword cuts both ways. Even if these dynamics are not a direct result of his political involvement, it just doesn't make sense to risk potential blowback of approximately half of your customer base just to satisfy your ego by pushing your politics on to other people, regardless of which side of the political spectrum you're on. Just shut up and make good products.
    • It's not just politics. Firstly the word "politics" doesn't account for how unhinged Elon musk has gotten the past month or so, but separately you can look to the rest of the company. What's new at Tesla? Anyone? The line-up is aging and in need of a facelift. It's no longer the amazing and unique seller of cars that it was, with one exception: The Cybertruck, a $80k+ car that somehow manages to brick itself before it leaves the show room, can't drive in the snow because the headlights block, and my new fav

    • Also, the impending massive price hikes (What, you thought the corporations are just going to eat the extra cost themselves versus passing them along to the consumer? How cute.) due to trump's tariffs are probably contributing.

      I've already pretty much decided that, unless I get bitten by the sports car bug (I AM the right age.) in these next few years, my next car will be an Ioniq 5 or 6. If I were planning to buy any time in the next few years (I drive a Subaru now. So unless a tree falls on it or a sin

  • by Targon ( 17348 ) on Wednesday December 04, 2024 @12:50PM (#64990689)

    I know, many people in the USA are obsessed with SUVs, so the idea of a sedan seems strange. $37,750 is the base price for the 2025 Ioniq 6, 240 mile range for the "standard range". $42,700 for the normal SE trim(not the standard range version), that goes up to 342 miles for rear wheel drive, 316 miles all wheel drive. That's getting to the point of, "if you get to a place with a charging station to stay overnight, that's not a problem". We aren't to the "magic" 400 miles on a charge for most vehicles though, but it seems to be getting closer.

    • by necro81 ( 917438 )

      I know, many people in the USA are obsessed with SUVs, so the idea of a sedan seems strange. $37,750 is the base price for the 2025 Ioniq 6, 240 mile range for the "standard range".

      I am intrigued by the Ioniq 6 as a replacement for my daily driver (Prius). However, the Ioniq 6 has a typical sedan trunk [google.com], whereas the Prius is a hatchback with fold-flat seats [google.com]. I don't know if that's a deal killer, but the much smaller opening is a strong negative for me.

  • Elon has driven people away from Tesla due to his far right troll antics -- and there were limited choices for prospective hip would-have-been-Tesla drivers. There is nothing hip about the ID.4, so IONIQ 5. Besides 5 > 4. :/
  • GM refuses to support CarPlay on their EVs. Dealbreaker.

    Jerkface oligarch CEO at Tesla. Dealbreaker.

    No surprise Hyundai EV sales are increasing.
  • Real Buttons (Score:5, Informative)

    by necro81 ( 917438 ) on Wednesday December 04, 2024 @01:50PM (#64990861) Journal
    I like to see Hyundai succeed, because they've committed to keeping real physical buttons in their cars [slashdot.org], because touchscreen for everything is stupid and dangerous,
    • Talk is cheap. There's no more tactile buttons in a 2025 IONIQ 5 than there are in most other cars. The car still features a whopping big screen in the middle. Sure there's dedicated controls for climate control but critically THEY ARE NOT TACTILE BUTTONS. Instead they seem to be the worst combination of both not having a decent click and needing to take your eyes off the road because they are one complete flat surface your fingers can't localise on.

      What few tactile buttons they do have most cars have on th

  • by sinij ( 911942 ) on Wednesday December 04, 2024 @03:40PM (#64991133)
    The simplest explanation for Hyundai success is that it makes Elantra, Kona, Tucson and Ioniq 5 when are with incentives factored in are some of the cheapest vehicles in their respective categories. When average transaction price for a new vehicle pushing 50K, offering Elantra at 21,875 MSRP that advertised at 41MPG is very appealing offer.

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