Hyundai electrified vehicle sales grow 72% YOY

Hyundai electrified vehicle sales grow 72% YOY

Hyundai says its electrified vehicle sales in Q4 grew 40% compared with Q4 2021.

Hyundai says its electrified vehicle 2022 retail sales grew 72% compared with December 2021, and Q4 retail sales grew 40% compared with Q4 2021. Growth in eco-friendly total sales was headlined by Elantra HEV (+431%), Santa Fe HEV (+85%), Tucson HEV (+38%), IONIQ 5 (+2,835%) and Kona EV (+35%).

This was the best Q4 in retail and total sales for the company, according to Randy Parker, CEO, Hyundai Motor America.

Hyundai recently announced a partnership with SK On to develop a site in Bartow County, Georgia, for a new electric vehicle (EV) battery manufacturing facility that will supply Hyundai Motor Group’s U.S. plants. In December, Hyundai unveiled its design for its new generation Kona subcompact SUV, which will be available in four variants: all-electric (EV), hybrid electric (HEV), internal combustion engine (ICE) and “sporty N Line.”

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