Ioniq 5 EV Defies Odds, Gross sales Up 14 P.c

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  • Hyundai Ioniq 5 gross sales had been up 14 p.c by the primary three months of the 12 months.  
  • That is after the US federal authorities ended subsidies for electrical automobiles. 
  • Hyundai had its finest first-quarter gross sales outcomes ever, promoting 205,388 automobiles

Ever because the federal authorities ended the subsidies for electrical automobiles final September, gross sales have cratered. Customers can not decrease the value of a brand new electrical car, making them far much less interesting, however they aren’t leaving each mannequin behind. Gross sales for the Hyundai Ioniq 5 are literally up thus far this 12 months.  

By way of the primary three months of 2026, gross sales for the Ioniq 5 are up 14 p.c, with Hyundai promoting 9,790 electrical crossovers. It’s a modest improve in comparison with final 12 months, however an surprising one. Gross sales for the Ioniq 6 are down a whopping 75 p.c, however the EV is mostly dead in america.

The model’s different greatest loser was the Santa Cruz, one other mannequin that Hyundai is discontinuing. Almost each different mannequin noticed its gross sales improve final quarter, leading to Hyundai’s finest first-quarter gross sales ever with a 1.0 p.c improve. Hyundai has offered 205,388 automobiles thus far this 12 months.  

Mannequin 2026 YTD Gross sales 2025 YTD Gross sales % Change
Elantra 33,063 33,490 -1%
Ioniq 5 9,790 8,611 14%
Ioniq 6 829 3,318 -75%
Ioniq 9 1,990 0 N/A
Kona 17,391 17,018 2%
Palisade 27,704 26,235 6%
Santa Cruz 4,544 6,648 -32%
Santa Fe 33,343 31,401 6%
Sonata 14,547 15,797 -8%
Tucson 55,426 54,973 1%
Venue 6,761 6,063 12%
Whole 205,388 203,554 1%

The Relaxation Of The Lineup

Hyundai’s best-selling mannequin continues to be the Tucson, with 55,426 items offered. The Santa Fe is Hyundai’s second-best-selling mannequin, with 33,343 offered, adopted by the Elantra at 33,063, down 1 p.c.  

The Venue, the automaker’s least expensive mannequin, noticed gross sales rise 12 p.c final quarter to six,761 items. Sonata gross sales fell 8 p.c, down from 15,797 to 14,547, whereas Kona gross sales elevated 2.0 p.c.  

Hyundai says its first-quarter gross sales had been propelled by robust hybrid gross sales, with the Santa Fe, Elantra, and Sonata up 47 p.c, 141 p.c, and 107 p.c. Gross sales for the all-new Palisade had been up 6 p.c, with the automaker promoting 37,704 from January by March.  


Motor1’s Take: The Hyundai Ioniq 5 is a good electrical crossover, so we aren’t stunned that it’s defying the chances. The remainder of the Hyundai lineup can also be promoting nicely, however will probably be attention-grabbing to see if it could proceed this momentum heading towards mid-year. 



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