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Hyundai IONIQ 5 electric SUV sales soar 203% in record-setting September

The Hyundai IONIQ 5’s hot streak continues in the US, with sales of the electric SUV soaring 203% in September, setting a new record.

“We are in great shape to finish the year strong with our all-new Kona and increased sales from our IONIQ lineup of electric vehicles,” explained Randy Parker, CEO of Hyundai Motor America, on Tuesday.

Hyundai’s high-flying IONIQ 5 sales advanced by 203% YOY in September, hitting record sales with 3,958 units.

In the third quarter, Hyundai sold 11,665 IONIQ 5 EVs (+143%), also a record. IONIQ 5 sales have now reached 25,306 through the first nine months of 2023.

Hyundai IONIQ 5 electric SUV sales have continued trending higher all year. Despite a slight dip in August from July, the electric SUV is gaining momentum.

Hyundai began a new promo on September 21, where new EV buyers get a free ChargePoint Level 2 home charger (see review) and installation credit. Between the $529 MSRP for the charger and the $600 installation credit, buyers can lock in over $1,100 in savings.

Hyundai EVJanFebMarAprMayJunJulAugSep
IONIQ 51,5482,0742,1142,3232,4463,1364,1353,5723,958
IONIQ 6N/AN/A2228909711,1621,7451,6631,665
Hyundai US EV sales YTD (Source: Hyundai)

As you can see, Hyundai’s IONIQ 6 electric sedan sales are also picking up. IONIQ 6 sales have now reached 8,318 units YTD after launching in March.

Meanwhile, Hyundai’s sister brand, Kia, also set record EV sales in September. The brand’s electric car sales rose 127% over last year, with EV6 sales up 45% YOY, reaching 2,084.

Kia recently revealed its new flagship EV9 electric SUV will start at $54,900 in the US. The automaker calls it an industry “wake-up call,” with deliveries expected to begin by the end of the year.

Ready to join the movement and get behind the wheel of your brand-new Hyundai electric SUV? Check out our link to find a great deal on an IONIQ 5 at a dealer near you today.

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Avatar for Peter Johnson Peter Johnson

Peter Johnson is covering the auto industry’s step-by-step transformation to electric vehicles. He is an experienced investor, financial writer, and EV enthusiast. His enthusiasm for electric vehicles, primarily Tesla, is a significant reason he pursued a career in investments. If he isn’t telling you about his latest 10K findings, you can find him enjoying the outdoors or exercising