Hyundai was unable to deliver growth of plug-in electric cars in November, as its global volume decreased by over 24% year-over-year to 5,717.
Because the overall Hyundai car sales volume increased by 3.7% to almost 163,000, the plug-in share also noted a dip, to 3.5% - the lowest results in almost two years.
It's pretty strange, especially since in many markets, like Europe, plug-in sales increased a lot.
We can assume that we will see higher sales in 2021, once the all-new Hyundai Ioniq 5 will enter the market.
Hyundai plug-in electric car sales – November 2020
Sales by powertrain type:
The main focus is on BEVs:
- BEVs: 5,130 (down 18%)
- PHEVs: 587 (down 54%)
- FCVs: 371 (down 51%)
Year-to-date sales reached 73,891 YTD (up 1% year-over-year and 5.0% share).
The Kona Electric remains the dominant model in the lineup:
- Hyundai Kona Electric – 4,099 and 52,995 YTD
- Hyundai IONIQ Electric – 1,031 and 12,986 YTD
- Hyundai IONIQ Plug-In – 587 and 7,910 YTD
The hydrogen fuel-cell model — NEXO — noted 371 sales (6,318 YTD), mostly in South Korea (365 and 5,453 YTD).
The number reveals not only a 51% drop year-over-year in November, but also that sales outside South Korea are marginal, which is in contradiction of the bold announcement about the future of hydrogen cars.