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Hyundai Motor Global EV Wholesale Sales Continued To Decrease In March 2024

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In March, the combined wholesale shipments of Hyundai and Genesis plug-in cars amounted to *21,565 (down 37% year-over-year).

Hyundai Motor Company's global vehicle sales in March 2024 amounted to 369,132, down 3.7% year-over-year. Also, Q1 is in the red with 1,002,608 units, down 1.9% compared to a year ago. Unfortunately, the South Korean manufacturer is also experiencing challenges in the plug-in segment, as sales decreased by roughly a third. Get Fully Charged The first half of the year might be difficult In 2023, Hyundai Motor's global plug-in car sales exceeded 300,000, increasing by 29% compared to 2022.

Wholesale plug-in car sales year-to-date : BEVs: 48,735 and 4.9% shareHyundai BEVs: 45,994 Genesis BEVs: 2,741 PHEVs : 8,010 and 0.8% share Total plug-ins: 56,745 and 5.7% share FCVs : 607 and 0.1% share For reference, in 2023, plug-in electric car wholesale shipments exceeded 309,000 , which was about 7.4% of the total volume. All-electric car sales almost reached 260,000 , accounting for 6.2% of the total volume.

 

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