Hyundai Motor America’s vehicle sales have surged, hitting 66,527 units in July, marking a 10% rise compared to last year. The automaker has managed to sell a total of 461,140 units from January to July, experiencing a 14% year-over-year boost. The highlight, however, is the exceptional performance of Hyundai’s electric vehicles, specifically, its E-GMP-based models. In July alone, sales skyrocketed to three times last year’s performance, setting a new record for the company.

Hyundai seems to be trying to take control of a rapidly-developing vehicle segment

Considering Hyundai is still developing The Ioniq 5 and Ioniq 6 were at the forefront of this surge, selling a combined total of 5,880 units, which represents a whopping 197% increase from last year and makes up 8.8% of Hyundai’s total vehicle sales in July. This record-setting performance marks a significant milestone for the South Korean auto brand as it solidifies its foothold in the competitive electric vehicle (EV) market.

Hyundai

Furthermore, both the Ioniq 5 and Ioniq 6 reached their own individual sales records in July, with 4,135 and 1,745 units sold, respectively. The Tucson PHEV also set a monthly sales record, underscoring Hyundai’s green revolution.

“Hyundai continues to impress with its eco-friendly product range, including the IONIQ 5, IONIQ 6, and our HEV and PHEV vehicles. Our green car sales have shown substantial growth month-to-month throughout 2023. We attribute this success to our effective marketing and dealer programs,” stated Randy Parker, CEO of Hyundai Motor America.

Despite the impressive performance of the Ioniq family, the sales results for other all-electric or plug-in hybrid models were not included in the official stats. Moreover, Hyundai Nexo, the hydrogen fuel cell model, saw a sales increase of 17% in July, albeit with lower total sales. The automaker seems well on its way to establishing a dominant presence in the US EV market, building on this current momentum.

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