Skip to content
Monday, August 10
  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
International Media News

International Media News

International Media News

International Media News

International Media News

  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
  • Home
  • India
  • World
  • Business
  • Entertainment
  • Sports
  • Editors choice
  • Gallery
    • Image
    • Video-gallery
Home>>Business>>Hyundai, Kia Eye Record EV Sales Of 1 Lakh Units In US This Year
Business

Hyundai, Kia Eye Record EV Sales Of 1 Lakh Units In US This Year

international media news
October 14, 2024 110 Views0

Hyundai Motor and its affiliate Kia are expected to see their combined sales of electric vehicles (EVs) surpass 100,000 units this month, according to the companies’ data on Sunday. 

 

Hyundai and Kia sold a combined 91,348 units of EVs through September this year, up 30.3 percent from the same period last year, according to the companies. Hyundai’s EV sales rose 4.5 per cent on-year to 48,297 units in the January-September period, while Kia saw its sales soar 80.3 per cent to 43,051 units, reports Yonhap news agency.

 
 

Market watchers say combined EV sales of the two carmakers will likely hit 100,000 units in October and reach 120,000 units for the whole of this year. Kia has also completed building Hyundai Motor Group’s first manufacturing facility dedicated solely to electric vehicles, which boasts an annual capacity of producing 150,000 units.

The automaker invested 401.6 billion won ($304.2 million) in the 60,000 square-meter facility, completely rebuilding it on an existing plant site to facilitate the company’s next-generation vehicle production.

Mass production of the EV3, the brand’s compact all-electric SUV, began in the first half of this year. In the first half of 2025, Kia plans to introduce the EV4, the brand’s upcoming mid-sized electric sedan.

 

Meanwhile, Hyundai Motor’s sales fell 3.7 per cent last month from a year earlier on weak overseas demand. Hyundai Motor sold 343,824 vehicles in September, down from 357,133 units a year earlier. Domestic sales rose 3.5 per cent to 55,805 units from 53,911 during the cited period, while overseas sales declined 5 per cent to 288,019 from 303,222.

Hyundai said it will flexibly respond to changes in global markets by adjusting production and sales systems depending on local conditions. From January to September, its sales declined 1.6 percent to 3,075,861 autos from 3,127,036 during the same period last year.

Share:

Previous Post

Jigra Box Office Collection: Alia Bhatt’s Action-Drama Registers One Of The Lowest Openings Of Her Career

Next Post

Mumbai Police Unable To Secure Lawrence Bishnoi’s Custody: Key Reason Explained

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent News

  • Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant
  • Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships
  • US Senate approves sweeping Russia Sanctions Bill named after Lindsey Graham
  • ‘Some people tried to mislead Gen Z’: Dharmendra Pradhan’s first reaction after resignation
  • NITI Aayog’s new index helps foreign companies choose the right Indian state to invest in

Latest News

Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant

international media news
August 10, 2026

It seems that Shreya Kalra, who recently won Netflix's reality show Lock Upp, is currently not inter

Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships

international media news
August 10, 2026

US Senate approves sweeping Russia Sanctions Bill named after Lindsey Graham

international media news
August 10, 2026

‘Some people tried to mislead Gen Z’: Dharmendra Pradhan’s first reaction after resignation

international media news
August 10, 2026

Latest News

Shreya Kalra says no to Bigg Boss 20, rules out reality shows as contestant

international media news
August 10, 2026

Ariha Pangambam creates history, becomes first Indian to win senior women’s gold at Asian Aerobic Gymnastics Championships

international media news
August 10, 2026

Popular Categories

  • India
  • World
  • Business
  • Entertainment
  • Sports

Quick Links

  • About Us
  • Contact Us
  • Advertise with us
  • Login
  • Add Post
  • Account
  • Dashboard
All Rights Reserved © International Media News | Website By - Hurl Technologies Pvt. Ltd. | WordPress Theme Ultra News