Hyundai U.S. EV Sales Up 42% In May 2024, Best Ioniq 5 Sales Month Ever
Briefly

Hyundai's U.S. total electrified vehicle sales increased by 50% year-over-year, with a 42% increase in all-electric cars. The Ioniq 5 had its best sales month, with 4,449 units sold.
Hyundai Ioniq 5 sales continue to rise without federal tax credit support, as 60-70% of customers lease to benefit from the credit. The model saw records years after launch.
The Ioniq 5 and Ioniq 6 sales in the U.S. totaled 5,548 in May 2024, with a 62% increase year-over-year. Overall, Hyundai's Ioniq family sales represent 7.1% of their total volume.
Read at InsideEVs
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