Hyundai EV Archives - Gizmochina

Hyundai’s All-Electric Lineup Shines with Record Sales in the US

Anubhav — Mon, 03 Jul 2023 03:14:18 +0000

Hyundai Motor America has reason to celebrate as it reports a significant increase in vehicle sales in the United States for the month of June. With year-over-year growth of nearly 10 percent, the company sold 69,351 vehicles, reflecting a strong market demand for Hyundai’s offerings. Furthermore, the year-to-date results are even more impressive, with a remarkable 15 percent increase compared to the previous year, reaching a total of 394,613 units sold.

The company’s strong retail presence also helped establish its footing in the EV market

A standout achievement for the South Korean automaker is the substantial growth of its all-electric vehicle sales. In June, Hyundai sold a total of 4,298 units of its Ioniq 5 and Ioniq 6 models, representing a remarkable 51 percent increase compared to the same period last year. This exceptional performance also set a new monthly record for the company. The sales figures for the Ioniq 5 crossover/SUV and Ioniq 6 sedan were particularly noteworthy, with 3,136 and 1,162 units sold, respectively.

What makes these sales figures even more remarkable is the absence of the $7,500 federal tax credit for new purchases, making Hyundai’s achievement even more impressive. Despite the lack of this incentive, customers are drawn to the brand’s electric vehicles, indicating a growing preference for eco-friendly transportation options.

The success of Hyundai’s electric lineup can be attributed to several factors. Randy Parker, CEO of Hyundai Motor America, acknowledged the positive impact of the company’s strong retail partners and the timely introduction of attractive products to the market. Parker expressed his satisfaction with the performance, stating, “Our award-winning EV lineup continues to build momentum with the best all-time monthly sales for the IONIQ 5 and the first time with over a thousand units sold for the IONIQ 6. Our strong retail partners and the right product at the right time have enabled us to attract new and existing customers to the Hyundai brand.” Although specific sales figures for the Hyundai Kona Electric were not provided, the company did disclose that the model achieved an impressive year-over-year growth of 239 percent.

Looking at the bigger picture, Hyundai’s electric vehicle sales for the second quarter totalled 10,928 units, representing a substantial 47 percent increase compared to the same period in the previous year. Year-to-date figures show that Hyundai has sold over 16,800 units of the Ioniq 5 and Ioniq 6 models in the US alone, marking a 23 percent increase from the previous year.

With a promising start to the year, Hyundai’s electric vehicle sales are expected to continue flourishing throughout the remainder of 2023. The company’s Ioniq family, comprised of the Ioniq 5 and Ioniq 6, is solidifying its position in the market, capturing a 4.3 percent share of the total sales for the year. It’s important to note that while the statistics provided reflect Hyundai’s all-electric offerings, the sales results for other electric or plug-in hybrid models are combined with conventional hybrid sales, making it difficult to assess their individual performance.

In terms of Hyundai’s hydrogen fuel cell model, the Hyundai Nexo, the sales figures have been less promising. With only eight units sold last month, representing an 84 percent decrease, and a total of 105 units delivered so far this year, indicating a 61 percent drop compared to the previous year, the demand for hydrogen-powered vehicles clearly seems to be decreasing.

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Hyundai’s Genesis to launch electric version of its GV70 SUV in China this week

Sean — Tue, 16 Nov 2021 08:17:37 +0000

Hyundai‘s luxury car brand spin off, Genesis, has revealed that it will be launching the electric variant of its GV70 SUV later this week in China. The company will unveil the car at the Guangzhou Auto Show.

Genesis even released a teaser image poster that showcased the front of the vehicle. AS of right now, it seems that the new model will be called the Electrified GV70. Notably, this will be the company’s third fully electric Genesis model that is launching after the Electrified G80 and the GV60. In terms of design, the new GV70 resembles the G80 EV. The Genesis car still feature the signature crest grille, but its made up of solid diamond shapes that hide the integrated charge port.

Under the hood, the Electrified GV70 is expected to sport specs similar to the G80. For those unaware, the sedan model features an 87.2kWh battery pack paired with two electric motors that output a total of 365 horsepower. Furthermore, it supports an all wheel drive system, with the option of disconnecting the front motor. Its range is expected to be around 250 miles (roughly 400 kilometers).

Image Source – TopElectricSUV

According to CNET, the Electrified GV70 will be the first Hyundai Motor Group EV that will be built in the US, from its factory in Montgomery, Alabama. At the moment, pricing of the vehicle is currently unknown, but it is expected to be just under 50,000 US Dollars.

Hyundai’s Grandeur EV fuses retro and futuristic elements to give a perfect ode to the ’80s

Zohaib Ahmed — Tue, 16 Nov 2021 08:17:34 +0000

Hyundai Motor Company is celebrating the 35th anniversary of its flagship Grandeur car from 1986 by recreating it with a twist. It now conforms to all of the newfangled standards of technology, even pulling a step ahead in some bits, and is as such fitted with a modern electric drivetrain.

The exterior is where most of the charm lies, with the car looking straight out of the Cyberpunk 2077 videogame owing to its retro design. Most of the outside still is reminiscent of the original Hyundai Grandeur, but there have been subtle changes – updated side mirrors, covered wheels, side cladding, and pixel-style LED headlights and tail lights – enough to make the car sufficiently futuristic.

But perhaps the best bit is Hyundai’s choice of color. The EV comes in black, with equally dark windows, almost as if it’s hiding something villainous. The only thing that helps cool off its sinister vibes is the bit of chrome finishing on the side cladding as well as grille, without which the car would’ve looked far more menacing than it already does.

Nevertheless, a tasteful exterior is nothing if it’s combined with unrefined interiors. A car owner, after all, spends most of their time inside the vehicle than standing outside gawking at it. Hyundai’s design team knows of this and has made sure that the insides are every bit as plushy and luxurious as the car’s exterior may lead one to believe.

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Accordingly, the car’s interior follows a ‘Newtro (newness + retro) concept theme’ just like the exterior. You get bronze-colored lighting all-around complemented by burgundy velvet and Napa leather for the seats and the rest of the upholstery. There’s even a large display up-front to satisfy all the infotainment needs. Hyundai also says that the car has been fitted with a ‘modern audiophile sound system’ comprised of 18-speakers, so there’s that.

Unfortunately, the Hyundai Grandeur EV is nothing but a concept to show off the company’s creativity and heritage. Fans looking to purchase one will have to wait for the unlikely event of Hyundai changing its mind about it all and actually kickstarting the car’s mass production. Still, considering the attention the car has managed to grab, it wouldn’t hurt to produce something like the Mercedes G-Class and Ford Bronco, both of which arguably are pinnacles of retro car design.

The Hyundai Heritage Series Grandeur EV was on display at Hyundai Motorstudio Goyang and will be moving to Seoul Motorstudio from November 16-21.