Hyundai Motor Group announced on Tuesday that it has exceeded one million global electric vehicle (EV) sales, 11 years after the launch of its first EV. The group’s total EV sales stood at 1,022,284 vehicles in 2020, with Hyundai Motor Company selling 601,448 vehicles, including those from its luxury brand Genesis, and Kia selling 420,836. The group’s first EV, the BlueOn, began trial sales in South Korea in July 2011.
Since then, EV sales have grown rapidly, and by 2014, annual EV sales had reached the thousands. By 2015, EV sales exceeded 10,000, and in 2017, the sales volume doubled, centered around the IONIQ Electric model.
The group has seen a significant increase in overseas sales since 2019, driven by the success of small SUVs such as the Kona Electric and the Niro EV in the European market.
In 2021, the group released the IONIQ 5, EV6, and GV60, EV-dedicated models with the E-GMP system, followed by the release of the first IONIQ 6 electric sedan last year, accelerating both domestic and overseas sales. As a result, the sales volume increased by more than 100,000 cars last year compared to the previous year, and the cumulative number of Hyundai EVs sold has now exceeded one million.
“Thanks to the support of our customers, we achieved 1 million vehicle sales. We are grateful,” a Hyundai Motor Group official said. “We will continue to strive for customer satisfaction with vehicles that possess good marketability.”