Hyundai EV Cars Overtake GM in U.S. EV Sales, But Tesla’s Dominance Continues
July 7, 2023
Hyundai Motor Group overtook General Motors in U.S. electric vehicle sales in the second quarter of 2023, as the South Korean automaker’s Ioniq 5 and Kia EV6 models gained popularity. This development puts Hyundai EV cars in a good position moving forward in the market.
Hyundai sold 29,542 electric vehicles in the U.S. during the quarter, up 182% from the same period a year ago, according to data from InsideEVs. GM sold 24,822 electric vehicles, up 85% from last year.
Tesla remained the top-selling electric vehicle maker in the U.S., with sales of 56,447 vehicles in the second quarter. However, Tesla’s sales growth slowed in the quarter, as the company struggled to meet demand for its Model 3 and Model Y vehicles.
The growth of Hyundai EV cars and Kia in the U.S. EV market is a sign that more traditional automakers are starting to take electric vehicles seriously. Both Hyundai and Kia have ambitious plans to expand their EV lineups in the coming years.
“We are seeing strong demand for our electric vehicles in the U.S.,” said Andrew Gilleland, vice president of marketing for Hyundai Motor America. “The Ioniq 5 and EV6 are two of the most popular electric vehicles on the market, and we are confident that our upcoming EV lineup will continue to grow our market share.”
Hyundai EV cars are becoming more widely accepted and are aiming to take on the likes of Toyota and their Prius.
The growth of the U.S. EV market is being driven by a number of factors, including government incentives, increasing consumer awareness of the environmental benefits of electric vehicles, and the growing availability of charging infrastructure.
According to a recent report by the Pew Research Center, 60% of Americans now say they are at least somewhat likely to consider buying an electric vehicle for their next car purchase. This is up from just 36% in 2017.
The U.S. EV market is expected to continue to grow in the coming years, as more automakers introduce new electric vehicles and the availability of charging infrastructure improves. By 2030, the EV market is expected to account for 15% of all new car sales in the U.S.
Here’s a fun fact: secret shoppers are often employed to visit dealerships and test drive cars.
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