Hyundai and Kia Achieve Record October Sales with Surging EV Demand
Both automakers reported significant growth in electric and hybrid vehicle sales, defying election-related market hesitancy.
- Hyundai's IONIQ 5 set a new sales record with 4,498 units sold in October, marking a 51% year-over-year increase.
- Kia's EV sales surged 70% year-over-year, with the EV6 and EV9 models leading the charge.
- Hyundai and Kia's overall October sales rose 18% and 16% respectively, driven by strong demand for electrified models.
- The upcoming 2025 Hyundai IONIQ 5 features improved range and a Tesla NACS port, with deliveries starting soon.
- Kia's EV9, a three-row electric SUV, outperformed the EV6 in sales despite its higher price point.