Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start - eviltoast
Hyundai Motor Group, including Kia and Genesis, is taking the US EV market by storm this year. After reaching double-digit...

Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market. Hyundai outpaced Ford (7.4%) and GM (6.3%), according to Motor Intelligence.

Tesla’s share of the US EV market slipped below 50% for the first time in the second quarter. Tesla accounted for 49.7% of EV sales in the US in Q2 as new models hit the market.

Although IONIQ 5 and 6 sales slipped last month, they are still up 25% and 54% year-to-date, respectively. Meanwhile, sister company Kia continued its record-setting performance in July after EV sales nearly doubled YTD.

Kia’s new EV9, its first three-row electric SUV, is a major part of its growth. According to Kelley Blue Book, Kia EV9 sales outpaced the Toyota bZ4X, VW ID.4, Nissan Ariya, Rivian R1T, and Tesla Model S in the US through the first half of 2024. It even topped Kia’s Niro EV sales.

  • xyguy@startrek.websiteEnglish
    131·
    4 months ago

    If they could do a proper EV Soul they’d make a customer of me every 10 or so years for the rest of my life…maybe more often if it keeps getting stolen based on their track record.

    • jonne@infosec.pub
      5·
      4 months ago

      The Ioniq 5 is a proper EV. It’s even beats Tesla in some respects (stuff like vehicle to load is supported, something Tesla doesn’t do).

      • xyguy@startrek.websiteEnglish
        4·
        4 months ago

        I test drove one when I ended up getting my kia soul instead. It was super nice and really futuristic and cool. It was just way too expensive for me at the time. And probably still is honestly.

        • Mac@mander.xyz
          3·
          4 months ago

          Also, in comparison to a Soul, i want a barebones base-model. Quit trying to sell me luxury technology at an inflated price.

          Why the fuck does the base model have Wi-Fi hotspot, touch screen navigation, Android auto, Apple carplay, auto-braking collision avoidance, smart cruise, lane assist, heated seats, bluetooth link, parking sensors, heated mirrors, dual temp control, Sirius XM, and more.

          it’s over $40k USD and none of that shit is necessary.
          I want a casket with a battery, a couple motors, and a steering wheel for cheap.
          THAT’s how you get electric adoption.

          • xyguy@startrek.websiteEnglish
            2·
            4 months ago

            Yeah i think you are right. There hasn’t been a “peoples car” EV like the original beetle or even the Kia Soul.

            If they could get a decent compact ev for around 25k they could sell as many as they can make i think.