The Hyundai Motor Group's EV sales in the U.S. have surged, reaching a record 11.2% market share between January and May 2024, selling 48,838 all-electric vehicles out of a total of 437,246 EV sales during the period.
Tesla remains the leader in the U.S. EV market with a 51.7% share, though it has seen a decline from 73.2% in 2020, as Hyundai Motor Group's EV market share has soared over the years.
Hyundai and Kia's all-electric cars now make up nearly 40% of their 'eco-friendly' models sold in the U.S., a significant increase from just 17.2% in 2020, showcasing the growing trend towards EVs within the group's offerings.
The best-selling EV models for Hyundai Motor Group in the U.S. this year include the Hyundai Ioniq 5, Kia EV6, and Kia EV9, demonstrating the success and popularity of their diverse EV lineup in the market.
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