this post was submitted on 19 Aug 2024
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[Dormant] Electric Vehicles

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Hyundai Motor Group hits double-digit EV market share in the US, and this is just the start (electrek.co)
submitted 3 months ago by [email protected] to c/[email protected]
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Through the first seven months of 2024, Hyundai, Kia, and Genesis accounted for 10% of the US EV market. Hyundai outpaced Ford (7.4%) and GM (6.3%), according to Motor Intelligence.

Tesla’s share of the US EV market slipped below 50% for the first time in the second quarter. Tesla accounted for 49.7% of EV sales in the US in Q2 as new models hit the market.

Although IONIQ 5 and 6 sales slipped last month, they are still up 25% and 54% year-to-date, respectively. Meanwhile, sister company Kia continued its record-setting performance in July after EV sales nearly doubled YTD.

Kia’s new EV9, its first three-row electric SUV, is a major part of its growth. According to Kelley Blue Book, Kia EV9 sales outpaced the Toyota bZ4X, VW ID.4, Nissan Ariya, Rivian R1T, and Tesla Model S in the US through the first half of 2024. It even topped Kia’s Niro EV sales.

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[–] [email protected] 4 points 3 months ago (3 children)

As far as I'm aware, Hyundai's quality control is still non-existant to questionable at best. But damn do their cars look nice

[–] [email protected] 8 points 3 months ago

Here are the 10 automakers that have initiated the most recall campaigns during 2022 and the total number of vehicles involved:

Ford: 67 recalls, 8,636,265 units

Volkswagen Group: 45 recalls, 1,040,885 units

Fiat-Chrysler/Stellantis: 38 recalls, 3,041,431 units Mercedes-Benz: 33 recalls, 969,993 units

General Motors: 32 recalls, 3,371,302 units

Kia: 24 recalls, 1,458,962 units

Hyundai: 22 recalls, 1,452,101 units

Tesla: 20 recalls, 3,769,581 units

BMW: 19 recalls, 1,000,455 units

Nissan: 15 recalls, 1,568,385 units

https://www.forbes.com/sites/jimgorzelany/2022/12/30/automakers-with-the-most-and-fewest-recalls-in-2022/

[–] [email protected] 5 points 3 months ago (1 children)

I thought their sister company Kia has been winning initial quality awards to try to improve their reputation in the recent past.

I can’t say for certain for Hyundai but I’d be surprised if they weren’t trying to improve standards.

Really need to be more careful with those engine fires though.

[–] [email protected] 4 points 3 months ago

And the oil pump fires, and the trailer hitch fires, and the EV fires...

I'd love to know they're turning things around, but I dunno man, I still haven't seen a lot of proof. Like, what does initial quality even mean? That the car drives off the lot? Fantastic, I hope it does. I'm more concerned with after it hits 60k miles.

[–] [email protected] -3 points 3 months ago

It's an EV after all - it's never meant to go the distance