The Sales Numbers Are In: The Hyundai Ioniq 5 Is Cooking Again
Briefly

The Sales Numbers Are In: The Hyundai Ioniq 5 Is Cooking Again
"Roughly a third of those sales—22,357 units—came from electrified models, a category that spans hybrids, plug-in hybrids, and fully electric vehicles. That figure represents a 56% jump in electrified sales, driven primarily by hybrid trims of the Sonata, Santa Fe, Tucson, and Elantra. Hybrids have been a bright spot for Hyundai for months, and that trend is showing no signs of slowing down."
"Hyundai sold 3,239 units of the electric crossover last month, marking a 33% year-over-year increase. That's its strongest performance in the last five months. It's less than half the number of Ioniq 5s that Hyundai moved in September, the final month of the EV tax credit. But it's also twice as many as were sold in October, when EV sales across the board crashed."
"The day after the tax credit ended, Hyundai slashed the starting price of the Ioniq 5 by up to $9,800, which certainly helped matters. Qualified buyers can also access 0% APR financing, competitive lease rates, and dealer discounts. But the Ioniq 5's momentum isn't being shared equally across the EV lineup."
Hyundai achieved record U.S. sales in February with 65,677 units sold, a 6% year-over-year increase. Electrified vehicles accounted for approximately one-third of sales at 22,357 units, representing a 56% jump driven primarily by hybrid versions of the Sonata, Santa Fe, Tucson, and Elantra. The Ioniq 5 electric crossover sold 3,239 units, marking a 33% year-over-year increase and its strongest performance in five months. This rebound followed Hyundai's $9,800 price reduction on the Ioniq 5 after the federal EV tax credit expired. However, other electric models like the Ioniq 6 and Ioniq 9 showed modest sales figures of 229 and 505 units respectively, indicating uneven performance across the EV lineup.
Read at insideevs.com
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