Hyundai Motor Group now third-largest carmaker as of 1H 2022; 27,000 EVs sold in US, second after Tesla - paultan.org

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Hyundai Motor Group now third-largest carmaker as of 1H 2022; 27,000 EVs sold in US, second after Tesla

Placed first and second in terms of sales volume are Toyota with 5.1 million vehicles sold in that period, while the Volkswagen Group sold four million vehicles in that time. For comparison, the Hyundai Motor Group ranked fifth in sales volume in the first half of last year, according to the report.

Production setbacks experienced by carmakers worldwide due to the shortage in semiconductor supply contributed to the rise in the global market by Hyundai Motor Group, as it had recorded smaller decreases in sales – by 5.1% – than those sustained by other manufacturers in the first half of this year compared to the same time last year, the report cited experts as saying.

On the electric vehicle front, Hyundai Motor Group sold 27,000 EVs in the United States between January and May this year, ranking the group second after Tesla in sales for that market; this was attributed to the popularity of the

 

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