South Korean automaker Hyundai Motor, through its local arm, sold 70,001 vehicles in the United States in May 2023. That figure represents an almost 18% year-on-year increase, per InsideEVs.
Likewise, Hyundai’s year-to-date sales recorded a noticeable YoY growth of 16% to 325,262.
Apart from that, the legacy automaker’s E-GMP-based electric vehicle sales also enjoyed strong results in the fifth month of the year. Notably, it includes the award-winning Ioniq 5 crossover/SUV and Ioniq 6 sedan.
Hyundai US BEV sales – May 2023
Hyundai sold record-breaking 3,417 battery-powered vehicles in May, indicating a YoY growth of an astounding 78% and a 5% share of the brand’s overall volume.
However, this result excluded Kona Electric as it currently has no available data, the report noted.
That said, the main driver of this strong May performance is the famous Ioniq 5, recording a YoY sales growth of 28% to 2,446 units. Indeed, this significant improvement is remarkable, considering that the model does not qualify for the US tax credit of up to $7,500.
Meanwhile, its sibling Ioniq 6’s sales also fared well, with sales of 971 units.
Below are Hyundai’s BEV sale results:
| Models | Sales | Change YoY |
| Hyundai Ioniq 5: | 2,446 | up 28% |
| Hyundai Ioniq 6: | 971 (new) | N/A |
| Hyundai Kona Electric: | N/A | N/A |
| Total Ioniq family: | 3,417 | up 78% |
Hyundai US BEV sales – YTD
Hyundai sold over 12,000 Hyundai Ioniq 5 and Ioniq 6 units in the US this year to date, representing a 16% YoY growth.
Of the 12,588 total, the Ioniq 5 contributed the biggest portion of 10,505 units. Meanwhile, the Ioniq 6 sold 2,083 units already despite being a newcomer in the market.
In hindsight, Hyundai sold 22,982 Ioniq 5 models in the US in FY 2022 with a volume share of 3.2%.
Below are Hyundai’s BEV sale results (YTD):
| Models | Sales | Change YoY |
| Hyundai Ioniq 5: | 10,505 | down 3% |
| Hyundai Ioniq 6: | 2,083 (new) | N/A |
| Hyundai Kona Electric: | N/A | N/A |
| Total Ioniq family: | 12,588 | up 16% |
See Also:
- Hyundai and SK On to build a new US battery cell production plant worth $5B
- Hyundai celebrates the successful production of its first US-made EV – the Genesis Electrified GV70 SUV
- US sales for Hyundai Ioniq 5 jumped 56% in January 2023
- Hyundai to supply fuel cell systems for Enginius hydrogen commercial trucks
- Hyundai to Support Sustainable World Cup with Eco-friendly Fleet Vehicles
The report indicated that the official sales figures do not provide the results of the brand’s other BEV or PHEV models. They are apparently classified alongside ICE cars or non-rechargeable hybrids.
