Genesis U.S. EV Sales Quadruple in 2023 Amid Mixed Results for Hyundai and Kia

While Hyundai sees a decline in December sales, Kia records significant increase in all-electric car sales.

Genesis U.S. EV sales quadrupled in 2023, with a record 11% share of total Genesis sales in Q4.
Hyundai's global vehicle sales in December 2023 were down 0.8% year-over-year, with weak sales of plug-in electric cars.
Kia's global vehicle sales in December 2023 were down 9.2% year-over-year, but all-electric car sales significantly increased.
Genesis sold more than 6,400 all-electric cars in 2023, with the most popular BEV being the E-GMP-based Genesis GV60.
Hyundai and Genesis' global plug-in car sales exceeded 300,000 in 2023, almost a third more than in 2022.