Kia and Hyundai Report Record EV and Hybrid Sales in September
Despite a challenging market, Kia and Hyundai's electrified models show strong performance, driven by high demand for new SUV offerings.
- Kia's EV and PHEV sales increased by 43% year-over-year, driven by the new EV9 SUV.
- Hyundai's Ioniq 5 crossed the 30,000 sales mark in 2024, with strong demand in the third quarter.
- Kia sold 2,096 EV9 models in September, contributing to a total of 15,970 units sold year-to-date.
- Hyundai's hybrid models saw significant growth, with the Santa Fe HEV up 87% and the Tucson HEV up 52% in September.
- Both automakers are preparing for increased U.S. production, with Hyundai's updated Ioniq 5 and Kia's EV9 expected to qualify for tax credits.