In September, Hyundai sold solid 6,007 plug-in electric cars, but the year-over-year growth rate of 20.5% is the lowest in a few years — hopefully, this trend will not continue over a long period.
In general, Hyundai sales decreased by 8.1% to 122,356, while the plug-in share increased to 4.9% (compared to 3.7% year ago).
The questions are whether Hyundai will be able to improve over its outstanding results from October-December 2018 and how South Korean company can cope with lithium-ion cell supply, which is reportedly a major factor that's limiting the production of the Kona Electric?
Hyundai plug-in electric car sales – September 2019
Over nine months of 2019, sales increased by 88.6% to 56,376, which is 4.4% of overall Hyundai sales.
Over the past 12 months, sales amounted to close to 80,000 plug-ins.
Most of the sales continue to be generated by the successful Kona Electric (34,142 YTD):
- Hyundai Kona Electric – 3,383 (893 in South Korea)
- Hyundai IONIQ Electric – 1,425
- Hyundai IONIQ Plug-In – 1,192
- Hyundai Sonata Plug-In – 7
- Total: 5,840
It's important to note that the non-plug-in, hydrogen fuel-cell model — NEXO — netted 508 sales (3,174 YTD).