Hyundai and Kia report strong EV sales in August

Hyundai and Kia’s August records

Hyundai and Kia both set new sales records in August. Kia had its best-ever monthly sales in the United States, selling 83,007 vehicles. This was an increase of 10.4% from August last year. Hyundai also had a record month, selling 88,523 vehicles, an increase of 12% over August 2024.

These substantial numbers show how popular their cars are right now. Combined, the two companies sold 171,530 vehicles. This fantastic result was greatly helped by their electric vehicle and hybrid cars, which are becoming a big part of their sales.

Hyundai’s Ioniq 5 is a star

Hyundai’s EV sales increased a lot, jumping 72% compared to last year. The Ioniq 5, which sold 7,773 units in August, was a big reason for this. This is a 61% increase in sales for this one car over last year.

The Ioniq 5 continues to be Hyundai’s top electric car. So far this year, they have sold almost 33,000 Ioniq 5 cars. Other electric cars also did well, like the Ioniq 6 with 1,047 sales, an increase of 30%.

Kia EV sales get a boost

Kia also saw a substantial boost from its electric cars in August. The Kia EV9, a new three-row SUV, had a great month, with sales reaching 2,679 units. This was a 12% increase from last year for this model.

However, not all Kia EVs performed the same. The EV6 model continued to see a decline in sales. It sold 1,769 units in August, which was nearly 5% less than it sold last year. This is its seventh month in a row with fewer sales.

Electrified cars are a big part

A lot of the success for both companies came from their “electrified” cars. This group includes both electric vehicles and hybrids. For Hyundai, these vehicles made up 32% of all the cars they sold in their stores.

Their hybrid models, like the Elantra Hybrid and Santa Fe Hybrid, also set new monthly sales records. These popular cars show that people are very interested in vehicles that use less gas and are more environmentally friendly.

Why the big jump in sales?

One reason for the huge sales increase is the special offer of the $7,500 federal EV tax credit. This credit helps people save money when they buy an electric car.

Many buyers rushed to get their new cars before this program ends. The credit is set to expire on September 30, 2025. This has created a lot of urgency and has caused a big rush in car sales for electric models in August.

Hyundai’s record for the year

Hyundai is having a fantastic year, and August’s sales helped them stay on track. The company expects to have its best year ever for total sales. The strong August performance was a big step toward reaching that goal.

This includes both their regular gasoline cars and their popular electric cars. Hyundai’s total sales for the year have reached over 607,000 units. This is an 11% increase compared to last year’s sales.

Kia’s best month in history

Kia’s record-setting month shows how well they are doing. This was not just a record for August, it was the highest monthly sales total in the company’s history in the U.S. market.

The total of 83,007 units sold is an impressive number. The brand’s total year-to-date sales are also up by 8.6%. Kia is seeing strong sales across all their models, including popular SUVs like the Sportage and the Telluride.

The impact of new models

Both companies are seeing great results from new and updated models. The new Hyundai Ioniq 9, a three-row SUV, sold 1,106 units in August. This new car is a big reason for the group’s success and gives customers more options.

The strong sales show that people are excited about these new electric models. It also proves that the company’s strategy to make more types of electric cars, like big SUVs, is a good idea.

Hyundai’s new Ioniq 9 SUV

Moving forward, Hyundai just launched its new Ioniq 9, a large three-row electric SUV. The car is designed for families and has lots of room inside. This new model will help Hyundai sell even more EVs in the future.

The company has a big plan to make more types of electric vehicles. They want to ensure they have a car for every kind of person, whether they need a small car or a big SUV.

Kia’s exciting new models

Kia is also working on new cars for the future. Kia has launched the EV3 in its home market and select regions, with broader rollouts ongoing, and the EV5 is slated for additional markets on a staggered timeline.

These new models will help Kia keep up with the growing demand for electric cars. They want to offer many different choices to customers around the world.

Hyundai’s first dedicated EV

Back in 2021, Hyundai launched the Ioniq 5, which was their first car built just to be an electric vehicle. It was a significant change for the company, starting a new family of cars.

The Ioniq 5 was a huge success. It was named the 2022 World Car of the Year, a huge honor. It showed that Hyundai was serious about making great electric cars that could compete with any other car worldwide.

Kia’s big EV plan

In 2020, Kia announced a new plan called “Plan S.” This plan was a big step for the company, focusing on electric cars and future technologies. The goal was to sell 500,000 electric vehicles each year by 2026.

This plan showed that Kia changed its focus from regular cars to new electric models. It promised the world that it would become a leader in electric cars.

Hyundai’s early electric efforts

Before the Ioniq 5, Hyundai had other electric cars. One of the most important was the Kona Electric, which first came out in 2018. It was one of the first affordable electric SUVs sold in the United States.

It had a driving range of 258 miles on one charge. This was an awe-inspiring number at the time, making it a good choice for people who wanted to drive an electric car without worrying about the battery running out.

Kia’s very first electric car

Kia also made a different kind of electric car before the EV6. In 2014, they introduced the Kia Soul EV. This car was based on the popular gasoline-powered Kia Soul.

It had a smaller battery and a driving range of about 93 miles. While this wasn’t as far as modern EVs can go, it was an essential first step that taught the company a lot about making electric cars.

Hyundai’s Ioniq brand is born

In 2016, Hyundai created a new family of cars called the Ioniq. This group had three different types of cars: a hybrid, a plug-in hybrid, and a full electric car. This was a brilliant idea.

The Ioniq was the first car model in the world to offer all three electric options in one single body style. It proved that Hyundai was a leader in new technologies and gave customers many choices.

Curious how Hyundai plans to shake up the EV world? Look at the upcoming Hyundai IONIQ 3, which could revolutionize EVs.

Kia’s first hybrid car

Kia first focused on hybrid cars to prepare for making fully electric cars. One of their most critical early hybrids was the Kia Optima Hybrid, which was first sold in 2011. It combined a gas engine with an electric motor.

This car helped Kia learn how to make cars that use gasoline and electricity. This knowledge was a significant step that prepared them for building the great electric vehicles they have today.

Want to see why this SUV is grabbing all the attention? Read more about how the Kia EV9 stands out in the electric market.

Strong EV sales are changing the game—drop your thoughts below.

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This slideshow was made with AI assistance and human editing.