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Hyundai IONIQ 5 sales are on fire in the US, setting another record in May

Baua Electric

If you’re seeing more electric Hyundai SUVs out and about, it’s not just you. Hyundai Motor America sold a record number of IONIQ 5 models in May as EV sales continue trending higher. 4, Ford Mustang Mach-E, Chevy Bolt EV, Tesla Model 3, and Tesla Model Y. In April , Hyundai sold 3,702 IONIQ 5s, up 59% YOY.

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Hyundai IONIQ 5 is becoming a top seller off the lot as dealers prep for EV growth

Baua Electric

Hyundai dealerships are modernizing as the brand looks to build upon its growth in the EV market this year. Hyundai’s IONIQ 5 is already a top seller at some dealers. With new electric models rolling out, like the three-row IONIQ 7 SUV, Hyundai has the “whole gamut covered.” Hyundai said 99.9%

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Tesla direct sales under threat from dealer-backed bills in Florida

Teslarati

Tesla has become intimately familiar with the laws surrounding dealerships and auto sales throughout the United States, often putting the American upstart at odds with local government and dealerships alike. Now, Tesla is again facing threats from legislatures as two new bills could derail the company’s sales system in Florida.

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Ford’s electric vehicle sales continue surging in May despite shifting EV plans

Baua Electric

Despite a recent pullback on its electric vehicle strategy amid “slower-than-expected” demand, Ford’s EV sales continued surging in May. All Ford electric models, including the F-150 Lightning and Mustang Mach-E, saw double-digit sales growth last month. However, electric vehicle sales continue to soar.

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Hyundai Motor, including Kia top Ford and GM in US EV market with affordable EVs

Baua Electric

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. With low-cost electric cars, Hyundai Motor , along with Kia, surged past American automakers Ford and GM in the US EV market in the first three months of 2024. Tesla’s Model 3 was the next closest to hitting the mark.

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Ford postpones EV launches to focus on hybrid production

Teslarati

Ford postponed the launch of at least two electric vehicles (EVs) to focus on hybrid production. This isn’t the first time Ford has postponed EV plans. Instead, Ford is adjusting its timeline to focus on offering hybrid powertrains with its internal combustion engine (ICE) lineup in North America by the end of the decade.

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Hyundai to add hybrids at EV-only plant as rising demand throws a curveball

Baua Electric

Following similar announcements from rivals, Hyundai is adding more hybrids to its lineup as a bridge to its next-gen EVs. Hyundai will add hybrid production lines at its dedicated EV plant in Georgia as demand rises. Meanwhile, hybrids accounted for a larger portion of sales in Korea (21% vs. 14.7%), the US (10.9% vs. 15.9%).

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