I would actually love to see the data on this, but here goes

Hyundai Motor Group closes the gap with Tesla

Hyundai Motor Group has shrunk the gap between itself and Tesla by 33% in the United States electric vehicle (EV) market. The South Korean company’s achievement is attributed to Hyundai and Kia brand sales in the United States.

Hyundai Motor Group shrunk its gap with Tesla by 33% over the past five years. While Tesla remains the undisputed king of EVs in the US market, Hyundai and Kia might be considered number two. The Asian company’s recent January to May 2024 EV sales hints that Hyundai and Kia are working hard to cement their place in the US electric vehicle market.

In 2020, Tesla’s gap with Hyundai and Kia combined was 73.2% between January and May. By 2022, the gap between Tesla and Hyundai Motor Group’s top US brands dropped to 52.9% in the first half of the year. Last year, Hyundai and Kia managed to close the gap between Tesla by 40.5% in H1 2023. In 2023, Hyundai and Kia combined sold the second-most EVs in the United States after Tesla.
Hyundai and Kia shares in the US EV market increased by 11.2% as of May 2024. As per the Korea Automobile & Mobility Association (KAMA), between January and May 2024, Hyundai Motor Group’s top brands in the US sold 48,383 EVs out of 437,246 electric passenger cars in the United States.

Hyundai Motor of America reported that its EV sales increased by 42% last month, partly thanks to the IONIQ 5.

“We continue seeing great success in our eco-friendly lineup with an overall 50% increase year over year.

“Both EVs and Hybrids continue to gain popularity with Hyundai’s newest HEV, the 2024 Santa Fe, gaining 116% year over year and our award-winning IONIQ 5 family increasing 82%. We’re proud to also announce Hyundai has America’s Most Awarded EV Lineup in the industry,” said Randy Parker, CEO of Hyundai Motor America.

https://www.teslarati.com/hyundai-vs...-us-ev-market/

 

Not surprising - they make the most compelling affordable EVs from the legacy automakers. Would I still want a Taycan sport turismo? Hell yeah, but not at $150K

 

My only issue with Hyundai is they have the worst dealerships I've ever dealt with

 

The Kia dealer that let me check out the EV9 was pretty good. I let them know off the bat that I wasn't buying today or in the near future and they just let me check out the car. No idea what the buying experience is like but they have pretty positive dealer reviews

 

Don't stress about it, people like what they like. It probably comes down often to what they liked about cars before EV's even existed.

I'm used to people not liking my interests or dismissing them before giving a chance(I like new Star Wars and the MCU, after all).

 

No, I get it. BTW, hated the new Star Wars, not a fan of the MCU, and don't get me started on Disney 🤣

May the Force be with you

 

 

This is tempting…. Make their loss my gain. How much was this thing new? Tesla guys?

 

Without tax and license, maybe $35k?

 

Here's a new 2024 rwd in red, before tax and license

 

Not a great deal. Lots onautotrader that are cheaper with lower miles and probably weren't thrashed like a rental.

 

Agreed. A friend of mine picked up a low mileage 2022 Model Y Performance, black for around $35k. It's in pristine condition

 

Yeah I don't have the room and that's not that big of a discount.

But more power to everyone else.

 

You big tease 🤣