Hyundai IONIQ EV production increase is now underway
Is it too late to challenge the Nissan Leaf now that it has more range?
Last June, Hyundai promised to increase the production of the Hyundai IONIQ EV to fulfill the increasing demand. Now, the recent sales report shows us that the company achieved a nice production increase last month.
In September last month, 2.355 Hyundai IONIQ EV were produced, of which 846 for the domestic market (South Korea) and 1.509 for exportation (Europe and North America mostly). This represents a nice improvement considering that only 1.169 (959 + 210) were produced in the previous month of August.
Nevertheless, Hyundai expects to increase the production even more soon – to 4.000 monthly units.
It’s curious that in its domestic market (South Korea) – where it’s not very difficult to get one -, the all electric variant regularly outsells the hybrid variant. Hyundai was expecting to be the other way around.
Furthermore, with a small 28 kWh battery that costs Hyundai less than 3.500 €, there’s no reason why the all electric variant is more expensive than the hybrid. I think that with the ongoing production increase and the new Nissan Leaf’s arrival getting closer, we’ll probably see some nice discounts for the Hyundai IONIQ EV like the ones already available in Spain.
This could be a killer EV if sold for 25.000 €, even with the new Nissan Leaf around 30.000 €.
Summing up, Hyundai is aware of competition (Nissan) and will try to deliver as much Hyundai IONIQ EVs as possible before the arrival of the new Nissan Leaf. Great news for you if you’re waiting for one.
Thanks Stefan Ko for always sharing the latest electric news on facebook 🙂