Hyundai Ioniq 5 Wholesale Shipments Exceeded 10,000 In February

Hyundai reports 304,613 car sales globally in February 2022, which is 3.2% more than a year ago. The South Korean manufacturer noted that it's the first positive result in about eight months.

Last month, Hyundai's plug-in electric car wholesale sales (closely related to production) tripled to *17,261 (up 208% year-over-year), which is about 5.5% of the total wholesale sales. The growth comes mostly from high volume sales of the Hyundai Ioniq 5.

*Retail sales in South Korea plus wholesale sales (manufacturer level) outside South Korea, unaudited and on a preliminary basis.

**The Hyundai sales report includes sales numbers from the plants in South Korea, Europe (Kona Electric and Tucson PHEV), and plants in China and India (both small numbers).

Both all-electric (BEV) and plug-in hybrid (PHEV) car sales more than tripled year-over-year, which is a very important sign.

The hydrogen fuel cell vehicle sales (FCV), counted separately, are - as usual - low.

Sales by powertrain type:

• BEVs: 13,659 (up 203%)
• PHEVs: 3,602 (up 230%)
• Total plug-ins: 17,261 (up 208%)
• FCVs: 652 (down 3%)

Hyundai plug-in electric car sales – February 2022

So far this year, Hyundai's plug-in electric car wholesale sales amounted to over 27,000 (up 122% year-over-year), which represents 4.6% of the total wholesale sales.

Sales by powertrain type YTD:

• BEVs: 20,183 (up 96%)
• PHEVs: 7,743 (up 243%)
• Total plug-ins: 27,926 (up 122%)
• FCVs: 1,020 (up 13%)

Model results

In February, the Hyundai Ioniq 5 for the very first time crossed the 10,000 mark, reaching 10,214 units, after a surprising slowdown in January.

Model results (wholesale sales) last month (and year-to-date):

• Hyundai Ioniq 5 – 10,214 (12,317 YTD)
  
• Hyundai Kona Electric – 2,718 (6,648 YTD)
  
• Hyundai Tucson PHEV – 2,530 (5,269 YTD)
• Hyundai Santa Fe PHEV – 775 (1,590 YTD)
• Hyundai IONIQ Electric – 677 (1,147 YTD)
• Hyundai IONIQ Plug-In – 297 (884 YTD)
• Plug-ins in China (multiple models) – 7 (21 YTD)
  
• Plug-ins in India (Kona Electric) – 43 (50 YTD)
  

Hyundai reports also 2,739 retails Ioniq 5 sales in Europe and 2,555 in the US.

The hydrogen fuel cell model — NEXO — noted 652 sales (1,020 YTD), mostly in South Korea (650 and 969 YTD).

Genesis BEV sales exceeded 500 (almost 1,000 YTD).

See also

Hyundai Announces Accelerated Electrification Strategy

Hyundai Announce Integrated Modular Architecture (IMA)