Hyundai Motor Firm (Hyundai and Genesis manufacturers) experiences that its international automobile gross sales in February amounted to 327,718 models, which is 7.3 % greater than a yr in the past. Thus far this yr, the corporate offered 637,841 automobiles (up 8.5 % year-over-year).
Our focus is on the shortly increasing plug-in electrical automotive gross sales, which final month reached new document ranges.
Based on Hyundai Motor Firm, final month, the mixed wholesale shipments (intently associated to manufacturing) of Hyundai and Genesis plug-in vehicles amounted to *30,364 (up 70 % year-over-year). We estimate that it is over 9 % of the entire quantity.
*Retail gross sales in South Korea plus wholesale gross sales (producer stage) exterior South Korea, unaudited and on a preliminary foundation.
**The Hyundai gross sales report contains gross sales numbers from the vegetation in South Korea, Europe (Kona Electrical and Tucson PHEV), Indonesia (Ioniq 5), and vegetation in China and India (each small numbers), in addition to in the US.
The info point out that each, all-electric and plug-in hybrid automobile wholesale shipments reached new month-to-month information. Within the case of BEVs, it is greater than 25,000 for the very first time, whereas within the case of PHEVs, it is greater than 5,000 models.
It is value noting that the corporate experiences over 20,000 all-electric automotive gross sales (in comparison with 25,000+ wholesale shipments), which signifies that the next months is likely to be even higher.
“Hyundai Motor maintained its electric vehicle (EV) sales momentum by selling over 20,000 units in February, led by IONIQ 5 and IONIQ 6, which accounted for more than half of the total EV sales.”
Wholesale shipments quantity by powertrain kind:
- BEVs: 25,172 (up 77%)
- PHEVs: 5,192 (up 44%)
- Complete plug-ins: 30,364 (up 70%)
- FCVs: 924 (up 42%)
Thus far this yr, the wholesale shipments exceeded 51,000 (up 77 % year-over-year).
Wholesale shipments quantity by powertrain kind year-to-date:
- BEVs: 43,278 (up 105%)
- PHEVs: 7,804 (up 1%)
- Complete plug-ins: 51,082 (up 77%)
- FCVs: 1,328 (up 30%)
For reference, in 2022 Hyundai Motor Firm offered greater than 240,000 plug-in electrical vehicles (up 45 % year-over-year), together with practically 195,000 all-electric (up 56 %).
Hyundai model
The Hyundai model, which is accountable for almost all of the corporate’s plug-in automotive gross sales, famous a 66 % year-over-year enhance in wholesale shipments to over 28,000.
It is a new month-to-month document, however extra importantly, additionally the all-electric section famous a document of over 23,000.
Hyundai wholesale shipments quantity by powertrain kind:
- BEVs: 23,407 (up 71%)
- PHEVs: 5,192 (up 44%)
- Complete plug-ins: 28,599 (up 66%)
- FCVs: 924 (up 42%)
Wholesale shipments quantity by powertrain kind YTD:
- BEVs: 40,243 (up 99%)
- PHEVs: 7,804 (up 1%)
- Complete plug-ins: 48,047 (up 72%)
- FCVs: 1,328 (up 30%)
For reference, in 2022, Hyundai’s plug-in electrical automotive wholesale shipments amounted to over 221,000, together with over 175,000 all-electric vehicles.
The Hyundai Ioniq 5 stays the highest mannequin in Hyundai’s EV lineup with practically 10,000 models in February, though it is value noting that the Hyundai Ioniq 6 reached a brand new month-to-month document of 6,854.
In 2023, the lineup will likely be joined by the Ioniq 5 N – “the company’s first high-performance EV, with details to be unveiled in the coming months.” Within the pipeline can also be the all-new Kona, which could have an all-electric model.
High fashions (wholesale shipments) final month (and YTD):
- Hyundai Ioniq 5 – 9,990 (17,297 YTD)
- Hyundai Kona Electrical – 6,854 (12,542 YTD)
- Hyundai Ioniq 6 – 6,563 (10,404 YTD)
- Hyundai Tucson PHEV – 3,875 (5,948 YTD)
- Hyundai Santa Fe PHEV – 1,317 (1,856 YTD)
The hydrogen gas cell mannequin — Hyundai NEXO — famous 924 models in February (and 1,328 YTD).
Genesis model
Within the case of Genesis, the model’s wholesale shipments of all-electric vehicles (GV60, GV70 EV, and G80 EV) amounted to 1,765 (up 206 % year-over-year) plus the primary 24 Genesis Electrified GV70 produced within the US.
