After notching its fifth straight record-breaking sales year in the US, Hyundai has no plans of slowing down. The company is ramping up local production while advancing new battery tech to boost EV sales. Total sales reached 901,686 vehicles, marking Hyundai’s third consecutive record annual sales year. The IONIQ 5 was the fifth best-selling EV in the US last year, with a record 47,039 units sold, up 6% from 2024.
Hyundai's electrified vehicles accounted for 30% of retail sales, and the company aims to double that by 2030, with electrified vehicle sales reaching 3.3 million units, accounting for 60% of total US sales.
By 2030, Hyundai aims to produce more than 80% of vehicles it sells in the US domestically by the end of the decade, with supply chain content increasing to 80% from 60% currently. The company also plans to increase global annual production capacity by 1.2 million units by 2030.
Hyundai is focused on new battery innovations and improving the charging experience as it ramps up output. To improve the charging ownership experience, all-new Hyundai EVs have access to the Tesla charging network with a native NACS port and through IONNA, its joint venture with seven other automakers, it's building a high-power public charging network targeting at least 30,000 chargers.
By 2027, Hyundai aims to deliver a few key improvements, including a 30 percent cost reduction, 15 percent higher energy density, and 15 percent shorter charging times. The company has analyzed durability data from over 50,000 IONIQ 5 vehicles, showing most vehicles retain more than 90 percent battery performance.
Hyundai is already off to a strong start in 2026, following the expiration of the $7,500 federal tax credit at the end of September. The company has been stepping in with its own incentives, including offering up to a $10,000 discount on all 2026 IONIQ 5 trims.
As Hyundai continues to advance its EV offerings and improve its charging infrastructure, it's clear that the company is committed to becoming a leader in the electric vehicle market. With its focus on battery tech and improved charging, Hyundai is well-positioned for continued success in the years to come.
Hyundai's commitment to advancing its EV technology and improving the charging experience will be crucial in driving sales growth and increasing customer satisfaction. By investing in new battery innovations and expanding its public charging network, Hyundai can help address range anxiety and make electric vehicles more accessible to a wider audience.
