South Korea’s largest carmakers Hyundai Motor and Kia have offered greater than an collected 5 million eco-friendly automobiles within the world market over the previous 15 years, firm officers stated on Sunday.
The officers knowledgeable that the 2 corporations offered a complete of 5.11 million items of eco-friendly automobiles, together with hybrid electrical automobiles (HEVs), plug-in hybrid electrical automobiles (PHEVs), electrical automobiles (EVs), and gasoline cell electrical automobiles (FCEVs), as of end-January, surpassing the 5 million mark 15 years after they started promoting such fashions in 2009, Yonhap information company reported.
In 2023 alone, Hyundai Motor and its smaller affiliate Kia offered a mixed 1.36 million eco-friendly automobiles, hitting the 1 million mark for the second consecutive 12 months.
HEVs accounting for 57.8% of complete gross sales had been the preferred which was adopted by EVs (30.8%), PHEVs (10.6%), and FCEVs (0.8%).
Kia’s Niro HEV offered probably the most at 606,000 items, with Hyundai’s Tucson Hybrid and KONA Electrical trailing at 356,000 and 332,000 items, respectively, the report stated.
The Korean carmakers stated the expansion of the worldwide EV market is attributable to their strong gross sales and so they plan to increase their environment-friendly automobile lineup this 12 months.
Hyundai plans to launch an electrical mannequin of the mini sport utility automobile (SUV) Casper within the second half of this 12 months, whereas Kia will unveil its new all-electric SUV, EV3, within the first half.
Hyundai and Kia stated they goal to promote a mixed 1.5 million items of eco-friendly automobiles in 2024, upping their EV gross sales by 27% to 600,000 items and gross sales of hybrid fashions by 25% to 850,000 items, the report stated.
