Hyundai Motor Group has reached a new milestone by selling 1 million plug-in vehicles globally. South Korea’s auto group, which includes the three auto brands of Hyundai, Kia and Genesis, sold 1.02 million plug-in vehicles, Yonhap News Agency said. The report also said it took the group more than a decade to reach the milestone since the launch of its first model, the Hyundai BlueOn, in July 2011.
The group’s first plug-in car is a basic all-electric vehicle with a 16.4 kWh battery pack and a range of just under 160 kilometers. However, the South Korean auto giant has grown rapidly and launched a wide range of products across all three brand segments. Foremost among these are the Hyundai Kona Electric and Kia Niro EV with 64 kWh battery packs. The latest of these is a new E-GMP architecture for the group’s next-generation electric vehicles.
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The report further states that the group has sold a cumulative 1,022,284 plug-in vehicles to date. Cumulative sales of Hyundai and Genesis were 601,448 units, while Kia’s cumulative sales were 420,836 units. In 2022 alone, the group will sell 371,838 vehicles, a significant increase from the 101,362 sold in 2019. Major models that contributed significantly to this sales performance were the Hyundai Kona EV, Kia Niro EV, Hyundai Ioniq 5 and others. Hyundai Nexo hydrogen fuel cell electric vehicles also contributed significantly to the overall sales performance of the auto brand.
The auto giant is currently rapidly expanding its all-electric vehicle lineup and sales numbers. Therefore, the next million is expected to be reached sooner than the first. The automaker is aiming to go all-electric in the near future, which should help it significantly increase sales of plug-in vehicles in the coming years.
First published date: Feb 5, 2023, 11:09 AM CST