Hyundai Motor America had a file month in July, with IONIQ 5 electrical SUV gross sales reaching their highest month-to-month complete. The automaker’s second devoted EV, the IONIQ 6, can be seeing excessive demand.

Hyundai IONIQ 5 EV gross sales gaining momentum

Randy Parker, CEO of Hyundai Motor America, says “inexperienced automobile” gross sales have risen considerably month-to-month this 12 months.

Parker applauded the automaker’s “advertising and supplier packages” for the success this previous month. On the finish of June, Electrek found Hyundai was providing a brand new nationwide incentive for present Hyundai drivers, amounting to as much as $10,000 in financial savings.

Hyundai supplied a $2,500 cash-back Valued Proprietor Coupon, which may very well be stacked on high of the $7,500 credit score for leasing an EV. Each the IONIQ 5 and IONIQ 6 are eligible for the $7,500 lease credit score.

Shortly earlier than that, Hyundai despatched a letter to sellers stating a number of IONIQ 6 trims, together with the SE Commonplace Vary, SE, and SEL fashions, can be eligible for a $5,000 retail money bonus for patrons. The Premium trim additionally included a $2,000 financial savings.

In June, each of Hyundai’s devoted EVs set new month-to-month gross sales within the US. Hyundai offered 3,136 IONIQ 5 (+10% YOY) and 1,162 IONIQ 6 EVs, crossing the 1K mark for the primary time.

The development continued in July. Hyundai introduced IONIQ 5 gross sales reached 4,135 in July, up 109% from final 12 months. In the meantime, IONIQ 6 gross sales continued trending upwards, reaching 1,745.

IONIQ 5 gross sales at the moment are up 13% YTD in comparison with final 12 months, with 17,776 items offered. Hyundai’s IONIQ 6 is at almost 5,000 in gross sales for the 12 months.

Kia, a Hyundai Motor Group affiliate, additionally noticed gross sales development of its first devoted electrical mannequin within the US. EV6 gross sales reached 1,937 in July, up 13% YOY. Nonetheless, YTD gross sales are down 39% to 10,265 forward of considered one of its largest launches but, the flagship EV9, Kia’s first electrical three-row SUV.