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Friday, January 10, 2025

Hyundai and Kia prime US gross sales data in 2024 as new EVs arrive


South Korea’s auto giants, Hyundai and Kia, are making their presence identified within the US after one other report gross sales yr within the US in 2024. With new EVs launching in key segments, Hyundai and Kia anticipate much more progress this yr. Right here’s what to anticipate in 2025.

Hyundai and Kia set new US gross sales report in 2024

Hyundai and Kia are taking the US auto market by storm after one other report gross sales yr in 2024. Nevertheless, this can be simply the beginning.

With new electrical autos arriving and new US crops coming on-line, Korea’s auto giants are poised to see much more demand in 2025.

For Kia, this was the seventh consecutive yr with greater client gross sales. It was additionally the second straight yr the corporate broke its annual gross sales report.

In 2024, the corporate’s complete quantity reached almost 797,000 within the US. Sean Yoon, CEO of Kia North America, mentioned the accomplishment validates “that our technique is working to additional elevate the Kia model.” A giant motive behind the expansion is Kia’s rising EV lineup.

“Kia has solidified its management place inside the EV market,” Yoon defined, largely due to “the profitable launch of our flagship EV9.”

Hyundai-Kia-US-sales-2024
2024 Kia EV9 GT-Line (Supply: Kia)

New EVs are in excessive demand

The EV9 is Kia’s first three-row electrical SUV. After deliveries started in late 2023, Kia offered over 22,000 EV9 fashions within the US final yr. That’s much more than its first devoted EV, the EV6, with 21,715 items offered final yr.

Hyundai, Kia’s sister firm, additionally set a new US gross sales report with over 836,800 autos offered in 2024, up 4% yr over yr. The corporate credited rising demand for its EVs as a serious progress driver.

Hyundai-Kia-US-sales-2024
2025 Hyundai IONIQ 5 (Supply: Hyundai)

The IONIQ 5 remained one of many best-selling EVs within the US, with 44,400 fashions offered in 2024, a rise of 31% from 2023.

Randy Parker, CEO of Hyundai Motor North America, mentioned he’s “assured this momentum will proceed.” Parker mentioned the boldness comes from “thrilling new fashions just like the IONIQ 9 and elevated US manufacturing ramping up” at its new EV plant in Georgia.

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Hyundai IONIQ 9 three-row electrical SUV (Supply: Hyundai)

Hyundai started constructing EVs on the facility in October, beginning with the upgraded 2025 IONIQ 5. Hyundai’s improved electrical SUV options extra vary, higher type, and a NACS port to cost up at Tesla Superchargers.

With US manufacturing ramping up, 5 Hyundai, Kia, and Genesis EVs now qualify for the $7,500 federal tax credit score for the primary time, which ought to assist gasoline much more demand in 2025.

2025 Hyundai IONIQ 5 Trim EV Powertrain Driving Vary (miles) Beginning Value* 
IONIQ 5 SE RWD Commonplace Vary 168-horsepower rear motor 245 $42,500
IONIQ 5 SE RWD 225-horsepower rear motor 318 $46,550
IONIQ 5 SEL RWD 225-horsepower rear motor 318 $49,500
IONIQ 5 Restricted RWD 225-horsepower rear motor 318 $54,200
IONIQ 5 SE Twin Motor AWD 320-horsepower twin motor 290 $50,050
IONIQ 5 SEL Twin Motor AWD 320-horsepower twin motor 290 $53,000
IONIQ 5 XRT Twin Motor  AWD 320 horsepower twin motor 259 $55,400
IONIQ 5 Restricted Twin Motor AWD 320-horsepower twin motor 269 $58,100
2025 Hyundai IONIQ 5 costs and vary by trim (*contains $1,475 vacation spot charge)

The 2025 Hyundai IONIQ 5 begins at $42,500 with as much as 245 miles vary. Beginning at $46,550, the long-range mannequin will get as much as 318 miles vary, up from 303 miles within the outgoing IONIQ 5. Hyundai is constructing the IONIQ 9 alongside the brand new IONIQ 5 in GA. Costs will likely be revealed nearer to launch. Verify again quickly for more information.

Are you able to see why Hyundai and Kia EV fashions are taking the US by storm? We may help you get began. You should use the hyperlinks beneath to seek out offers on Hyundai, Kia, and Genesis EV fashions at a supplier close to you right now.

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