Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start
Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start
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.
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I love the design of those cars. It looks like future so much.
As far as I'm aware, Hyundai's quality control is still non-existant to questionable at best. But damn do their cars look nice
Here are the 10 automakers that have initiated the most recall campaigns during 2022 and the total number of vehicles involved:
Ford: 67 recalls, 8,636,265 units
Volkswagen Group: 45 recalls, 1,040,885 units
Fiat-Chrysler/Stellantis: 38 recalls, 3,041,431 units Mercedes-Benz: 33 recalls, 969,993 units
General Motors: 32 recalls, 3,371,302 units
Kia: 24 recalls, 1,458,962 units
Hyundai: 22 recalls, 1,452,101 units
Tesla: 20 recalls, 3,769,581 units
BMW: 19 recalls, 1,000,455 units
Nissan: 15 recalls, 1,568,385 units
I thought their sister company Kia has been winning initial quality awards to try to improve their reputation in the recent past.
I can’t say for certain for Hyundai but I’d be surprised if they weren’t trying to improve standards.
Really need to be more careful with those engine fires though.
And the oil pump fires, and the trailer hitch fires, and the EV fires...
I'd love to know they're turning things around, but I dunno man, I still haven't seen a lot of proof. Like, what does initial quality even mean? That the car drives off the lot? Fantastic, I hope it does. I'm more concerned with after it hits 60k miles.
It's an EV after all - it's never meant to go the distance