Hyundai, Kia sell more than 500,000 green vehicles in Europe

By Pulse -Sales of electric vehicles at Hyundai Motor Co. and Kia Corp. have surpassed 500,000 units in Europe, the leading eco-friendly vehicle market, nine years after the launch of their first such vehicle in April 2014. The automakers have consolidated its position in Europe, where the share of eco-friendly vehicles in sales is close to 50 percent.

According to investor relation data at Hyundai and Kia on Sunday, the automakers sold a total of 508,422 EVs in the European market in the first four months of this year. Hyundai and Kia sold 273,879 and 234,543 units, respectively. This represents 42% of the automakers’ total global EV sales of 1.28 million units. The achievement is especially significant in the European market, where eco-friendly vehicles account for nearly half of new car sales.

According to the European Automobile Industry Association, a total of 3.24 million vehicles were sold in the European market in the first quarter of this year, of which 46.5% were electric, hybrid (HEV) and plug-in hybrid (PHEV) vehicles. In the U.S. and China, the share of green vehicles sold last year was 12.3% and 31.2%, respectively.

Source: https://pulsenews.co.kr/view.php?year=2023&no=376895 

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