Hyundai IONIQ sets another sales record in South Korea

Hyundai IONIQ Electric

 

November was a great month for the Hyundai IONIQ in South Korea.

 

Last month, Hyundai managed to sell 1.425 IONIQ in South Korea, of which 1.085 were the electric variant, while only 340 were hybrid.

Hyundai still expects to sell more IONIQ from the hybrid variant than the electric and priced them accordingly. With the electric version costing on average at least 10.000 € more than the hybrid. But it’s the electric variant that is getting all the highlights. While the hybrid variant has the Toyota hybrids as main competitors, the electric version is the uncontested efficiency champion. No other electric car gets close to its efficiency figures.

 

The Hyundai IONIQ Electric’s unmatched efficiency means very low running costs and makes it a great option for car sharing services. This is what’s happening now with many car sharing services all over the world choosing this electric car for their fleet.

 

The success of the Hyundai IONIQ Electric might push Toyota to release an all electric Prius sooner than what they expected. If Toyota takes much longer to act, the company risks loosing some of its loyal costumers forever to automakers that are already selling electric cars.

 

As a side note, 10 Chevrolet Volt were sold last month in South Korea. Maybe it’s time for Chevrolet to start pushing the Volt out of the USA, while it’s still a relevant car.

 

What do you think? Will the Hyundai IONIQ Electric’s success have any influence in Toyota’s strategy for EVs?

 

 

More info:

http://news.heraldcorp.com/view.php?ud=20161204000118

http://bestsellingcarsblog.com/2016/12/south-korea-november-2016-new-hyundai-grandeur-shoots-up-to-3/

Pedro Lima

More than natural resources, are wasted human resources that bothers me the most. That's why I'm a strong advocate of a society based on cooperation, not competition, that helps every individual to reach his full potential so that he can contribute back to society. "From each according to his ability, to each according to his needs".

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14 Responses

  1. Jonas Jovial says:

    I wish it had.. It’s more than time to Toyota enter in the market! An Prius full EV would me my first choice without even thinking, it i knew it would be available on the first semester 2017.

  2. Goncalo says:

    When will this amazing car be available in North America?!
    More precisely in canada!!!

    • Pedro Lima says:

      No idea about Canada, but since it doesn’t even have a price on the Hyundai website, it doesn’t look good.

      In Portugal it’s the same problem, according to dealers the IONIQ is expected only in May 2017.

  3. Mike Kamm says:

    I heard that it will be available in CA in March or so. I live in NY and my local dealer told me that they are getting two electrics [one in each trim level] on Jan. 9th I have an appointment to drive them, but I won’t believe it until I see them.

  4. Kimmi says:

    1.000 units. Uau. Meanwhile in Portugal, Hyundai’s greedy importer cares only about the hybrid version. At 33k.

    • Jonas Jovial says:

      Your are completely right… They are asking us a single thing: import them 😉 They loose, we win!

      • Jonas Jovial says:

        The only reason i have not done that yet, is because i’m waiting to see if the new Leaf with 40 kWh battery is really coming.

  5. JyKiaNiro says:

    Come to California before the end of the year, please.

  6. Ahmad says:

    Did i read it wrong or is the maths a bit off?

    1425 units sold in November,
    1085 are EVs, and 345 were Hybrids.. which would total 1430 units.

    How so?

  7. NoNo says:

    The price difference between the hybrid and electric is as high as the state incentives for electric.

  1. December 6, 2016

    […] Push EVs provides more: “Hyundai still expects to sell more IONIQ from the hybrid variant than the electric and priced them accordingly. … While the hybrid variant has the Toyota hybrids as main competitors, the electric version is the uncontested efficiency champion. No other electric car gets close to its efficiency figures. The Hyundai IONIQ Electric’s unmatched efficiency means very low running costs and makes it a great option for car sharing services. This is what’s happening now with many car sharing services all over the world choosing this electric car for their fleet.” […]

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