Hyundai & Kia are two Korean automakers that have recently been creating huge ripples in the world of automotive.
The main reason behind this is the fact that the companies seem determined to offer state of the art technologies and those too for even the moderately priced models.
According to recent reports, Hyundai has achieved another great milestone by selling 160,000 Plug-In Hybrid vehicles during the last year.
With a year on year growth rate of 3.9% this time, the company sold a total of 3.9 million vehicles globally during 2021.
This is particularly impressive considering that automotive sales dropped overall in 2021 for several reasons including the semiconductor chip shortage but this could not stop the Korean giant from falling short of its projections and now the company has set an even higher target of selling 4.32 million vehicles during 2022.
The Ioniq 5 has been so widely accepted that only during December, last year, 10,000 units alone of this vehicle were sold.
Hyundai Sales 2021 For Plug-In Vehicles
Although December was a slow month when it comes to overall sales, the company’s annual sales were much higher than the last year.
The Plug-In Hybrid vehicles were the main player in driving the company to success as, during the last year alone, a total of 120,523 Battery Electric vehicles were sold by Hyundai.
In addition to this, 40,843 Plug-In Hybrid electric vehicles were sold which manifests that the battery-electric vehicle segment is now booming and its sales are even eclipsing those of the Plug-In Hybrid vehicles which were a major player just a few years ago.
The total number of combined sales during 2021 amounted to 161,366 units which was an overall increase of 44% from the past year.
While the E-GMP lineup of the company is yet to show its results, the overall increase in sales of the Plug-In segment is already phenomenal.
However, in contrast to this, the Hydrogen-cell automobiles suffered badly and the overall sales figure couldn’t even cross the abysmal 10,000 mark.
Which Were The Most Sold Models?
The main chunk of the sales was taken by the Ioniq 5 whose sales of 65,000 units meant that the company generated most of its profits from this one model alone.
However, the newly launched Kia EV6 also managed to hit great sales figures and more than 30,000 units of this vehicle were also sold.
It is pertinent to mention here that Hyundai owns Kia and thus while discussing the overall sales, it is vital to include the figures of Kia as well.
Ioniq Sales Distribution
The overall sales distribution of the Ioniq 5 model throughout the globe was as follows:
22,671 units of the vehicle were sold in South Korea itself whereas a total of 19,219 units were sold in Europe. These numbers seem pretty convincing however, the 153 units sold in the US market were quite disappointing.
Hyundai Kona Electric
In addition to the Ioniq 5, the Hyundai Kona Electric is the other main vehicle of the brand that was sold during 2021 and a sales figure of 43,000 units indicates that the company generated a lot of revenue from this model as well.
Overall Sales Of Hyundai Plug-In Models During 2021
Let’s now take a look at the overall sales figures during 2021 to get an idea about how far the company has been able to come in this segment.
Hyundai Ioniq 5 achieved sales figures of 65,906 whereas the Hyundai Kona Electric and Hyundai Tucson PHEV had sales figures of 43,457 and 23,449 respectively.
The Hyundai Ioniq Electric, Hyundai Santa Fe PHEV and Hyundai Ioniq Plug-In saw sales figures of 9077, 9510 and 7068 respectively during 2021.
Hyundai’s sales are thriving and the Plug-In segment is particularly hot these days.
This might enable the company to become one of the major industry leaders in the times to come.