Hyundai Targets 77,000 Sales Of IONIQ In 2017

2 years ago by Eric Loveday 6

Hyundai IONIQ

Hyundai IONIQ

Hyundai IONIQ

Hyundai IONIQ

Hyundai has set a target for IONIQ sales for its first full year on the market in 2017.

According to Hyundai, it expects to sell 77,000 IONIQs (all versions, including PHEV, BEV and conventional hybrid) globally in 2017 this number represents 80% more than the total number of hybrids (42,778) sold by the company in 2015.

Hyundai has provided a partial breakdown on expect sales, stating that it expects to sell 15,000 IONIQs in South Korea in 2017 and 62,000 overseas in key markets such as the U.S., Europe and China.

The automaker did not break down sales expectations for each version of the IONIQ, though it’s assumed that the vast majority of the those sold will be the conventional hybrid version, which is the only one on sale right now in South Korea (from 22.95 million won, ~$19,000 USD).  The standard IONIQ hybrid is rated at 52.7 MPG in South Korea.

The hybrid and all-electric versions of the IONIQ are scheduled to be released nationally in the third quarter for the US (the standard hybrid arrives a ~month ahead of the BEV in Q3), with the extended range PHEV arriving in Q4.

Source: Reuters

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6 responses to "Hyundai Targets 77,000 Sales Of IONIQ In 2017"

  1. David Murray says:

    Since those are global sales numbers, that is really not very high expectations. I would also expect the majority of those sales will be the standard hybrid.

  2. R.S says:

    That seems far too low, Toyota sold over 100k standard Prii in 2015, in the US alone. Even if they just sold 10 thousand BEVs, and 10 thousand PHEVs, which would be less than the 2015 i3 sales worldwide, and that leaves only 50k hybrid Ioniqs, thats not very much…

  3. M Hovis says:

    I look forward to Hyundai adding to the global PEV mix. I don’t know how they make up those numbers entering the US market in late Q3 and Q4 for the PHEV.

    1. Lindsay Patten says:

      They are sales projections for 2017.

  4. Alex says:

    I would guess they plan 50.000 Hybrids, 15.000 PHEV and 12.000 BEV!

  5. PJ says:

    In one of the videos on the other article about the Ioniq they said the were planning to sell 30k this year. That number just seems a little bit odd in light that only the standard hybrid will be available for the full year only in South Korea, but only plan to sell 77k when all 3 versions are available worldwide for a full year. Hopefully that 77k is only a lowball estimate.