South Korea’s auto giants, Hyundai and Kia, are making their presence recognized within the US after one other file gross sales 12 months within the US in 2024. With new EVs launching in key segments, Hyundai and Kia anticipate much more development this 12 months. Right here’s what to anticipate in 2025.
Hyundai and Kia set new US gross sales file in 2024
Hyundai and Kia are taking the US auto market by storm after one other file gross sales 12 months in 2024. Nevertheless, this can be simply the beginning.
With new electrical autos arriving and new US vegetation coming on-line, Korea’s auto giants are poised to see much more demand in 2025.
For Kia, this was the seventh consecutive 12 months with increased client gross sales. It was additionally the second straight 12 months the corporate broke its annual gross sales file.
In 2024, the corporate’s whole quantity reached almost 797,000 within the US. Sean Yoon, CEO of Kia North America, mentioned the accomplishment validates “that our technique is working to additional elevate the Kia model.” A giant motive behind the expansion is Kia’s rising EV lineup.
“Kia has solidified its management place throughout the EV market,” Yoon defined, largely because of “the profitable launch of our flagship EV9.”
New EVs are in excessive demand
The EV9 is Kia’s first three-row electrical SUV. After deliveries started in late 2023, Kia offered over 22,000 EV9 fashions within the US final 12 months. That’s much more than its first devoted EV, the EV6, with 21,715 models offered final 12 months.
Hyundai, Kia’s sister firm, additionally set a new US gross sales file with over 836,800 autos offered in 2024, up 4% 12 months over 12 months. The corporate credited rising demand for its EVs as a serious development driver.
The IONIQ 5 remained one of many best-selling EVs within the US, with 44,400 fashions offered in 2024, a rise of 31% from 2023.
Randy Parker, CEO of Hyundai Motor North America, mentioned he’s “assured this momentum will proceed.” Parker mentioned the arrogance comes from “thrilling new fashions just like the IONIQ 9 and elevated US manufacturing ramping up” at its new EV plant in Georgia.
Hyundai started constructing EVs on the facility in October, beginning with the upgraded 2025 IONIQ 5. Hyundai’s improved electrical SUV options extra vary, higher type, and a NACS port to cost up at Tesla Superchargers.
With US manufacturing ramping up, 5 Hyundai, Kia, and Genesis EVs now qualify for the $7,500 federal tax credit score for the primary time, which ought to assist gas much more demand in 2025.
2025 Hyundai IONIQ 5 Trim | EV Powertrain | Driving Vary (miles) | Beginning Worth* |
IONIQ 5 SE RWD Commonplace Vary | 168-horsepower rear motor | 245 | $42,500 |
IONIQ 5 SE RWD | 225-horsepower rear motor | 318 | $46,550 |
IONIQ 5 SEL RWD | 225-horsepower rear motor | 318 | $49,500 |
IONIQ 5 Restricted RWD | 225-horsepower rear motor | 318 | $54,200 |
IONIQ 5 SE Twin Motor AWD | 320-horsepower twin motor | 290 | $50,050 |
IONIQ 5 SEL Twin Motor AWD | 320-horsepower twin motor | 290 | $53,000 |
IONIQ 5 XRT Twin Motor AWD | 320 horsepower twin motor | 259 | $55,400 |
IONIQ 5 Restricted Twin Motor AWD | 320-horsepower twin motor | 269 | $58,100 |
The 2025 Hyundai IONIQ 5 begins at $42,500 with as much as 245 miles vary. Beginning at $46,550, the long-range mannequin will get as much as 318 miles vary, up from 303 miles within the outgoing IONIQ 5. Hyundai is constructing the IONIQ 9 alongside the brand new IONIQ 5 in GA. Costs shall be revealed nearer to launch. Test again quickly for more information.
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