{"id":74095,"date":"2024-07-08T17:20:39","date_gmt":"2024-07-08T21:20:39","guid":{"rendered":"http:\/\/autosector.com\/?p=74095"},"modified":"2024-07-08T17:20:39","modified_gmt":"2024-07-08T21:20:39","slug":"hyundai-finds-sweet-spot-with-evs-in-us","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=74095","title":{"rendered":"Hyundai finds its ‘sweet spot’ with EVs in the US as it braces for new competition"},"content":{"rendered":"
\n\t\"Hyundai-sweet-spot-EVs\"<\/figure>\n

Hyundai believes it has found the \u201csweet spot\u201d with three long-range, fast-charging, and affordable EVs available in the US. With rivals launching new electric models this year, Hyundai<\/a> expects stronger competition in the second half of the year.<\/p>\n

<\/p>\n

After setting a new EV sales record in Q2<\/a>, Hyundai feels \u201cpretty bullish about the second half,\u201d according to Hyundai\u2019s US CEO Randy Parker.<\/p>\n

Parker told Automotive News<\/a><\/em> that Hyundai has found its \u201csweet spot\u201d with EV sales gaining momentum. Hyundai\u2019s EV sales were up 15% year-over-year in the second quarter.<\/p>\n

Hyundai\u2019s dedicated IONIQ 5 and IONIQ 6 EVs set new sales records in Q2. The IONIQ 5<\/a> is one of America\u2019s top-selling EVs, with 18,728 models sold through the first half of the year.<\/p>\n

Despite the uptick in sales, Parker said the second half of the year is \u201cgoing to be tough\u201d as new EVs hit the market.<\/p>\n

Rivals like GM\u2019s Chevy and Honda launched new models that will compete in the same segment as Hyundai\u2019s IONIQ 5.<\/p>\n

\"Hyundai-IONIQ-5-lease-cheapest\"
2024 Hyundai IONIQ 5 (Source: Hyundai)<\/figcaption><\/figure>\n

Hyundai finds its sweet spot as new EVs hit the market<\/h2>\n

GM launched the Chevy Equinox<\/a> and Blazer EVs. Starting at $43,295, the Chevy Equinox EV 2LT FWD is in the same price range as the IONIQ 5 ($43,175). Meanwhile, GM says a lower-priced ($35,000) trim will be available later this year.<\/p>\n

After deliveries kicked off in May, GM delivered 1,013 Equinox EVs<\/a> in Q2. It also handed over 6,634 Blazer EVs.<\/p>\n

\"best-SUV-lease-deals-July\"
2024 Hyundai IONIQ 5 (Source: Hyundai)<\/figcaption><\/figure>\n

Meanwhile, others, including Ford, Rivian, Nissan, Toyota, and others, are all ramping up production, expecting to gain market share in the second half of 2024.<\/p>\n

In a recent interview<\/a> with Electrek<\/em>, Parker told us Hyundai is \u201chumble and hungry\u201d to separate itself from the competition. Hyundai is giving buyers confidence with long-range, fast-charging EVs at an affordable price.<\/p>\n

\"Hyundai-sweet-spot-EVs\"
Hyundai IONIQ 6 Limited (Source: Hyundai)<\/figcaption><\/figure>\n

Hyundai already has six of the top ten most fuel-efficient EVs<\/a> in the US this year, with the IONIQ 6, IONIQ 5, and new Kona Electric all making the list.<\/p>\n

However, it plans to continue improving its models to stay ahead of the competition. The new IONIQ 5 update, revealed in Korea, features more range, faster charging, and a sleeker design.<\/p>\n

\"Hyundai-sweet-spot-EVs\"
2024 Hyundai Kona electric (Source: Hyundai)<\/figcaption><\/figure>\n

You can see Hyundai\u2019s transformation in the new Kona Electric. The 2024 model<\/a> looks like a complete redesign. Perhaps, more importantly, it features more range with faster charging. Starting under $33,000, the 2024 Kona Electric is one of the most affordable EVs in the US.<\/p>\n

According to online auto research firm CarsDirect<\/em>, Hyundai\u2019s 2024 IONIQ 5 SEL is the best SUV lease deal<\/a> (EV or gas-powered) in July, starting at $259 per month. And that\u2019s with up to 303 miles range and fast charging in 18 minutes.<\/p>\n

Are you ready to see why Hyundai\u2019s long-range, fast-charging EVs are taking the US by storm? We can help you get started today. Click the links below to find deals on Hyundai\u2019s electric models at a dealer near you.<\/em><\/p>\n

\n

FTC: We use income earning auto affiliate links.<\/em> More.<\/a><\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Hyundai believes it has found the \u201csweet spot\u201d with three long-range, fast-charging, and affordable EVs available in the US. With rivals launching new electric models this year, Hyundai expects stronger competition in the second half of the year. After setting a new EV sales record in Q2, Hyundai feels \u201cpretty bullish about the second half,\u201d […]<\/p>\n","protected":false},"author":1,"featured_media":8313,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-74095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/74095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=74095"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/74095\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/8313"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=74095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=74095"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=74095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}