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South Korea’s auto giants, Hyundai and Kia, are making their presence known in the US after another record sales year in the US in 2024. With new EVs launching in key segments, Hyundai and Kia expect even more growth this year. Here’s what to expect in 2025.

Hyundai and Kia set new US sales record in 2024

Hyundai and Kia are taking the US auto market by storm after another record sales year in 2024. However, this may be just the start.

With new electric vehicles arriving and new US plants coming online, Korea’s auto giants are poised to see even more demand in 2025.

For Kia, this was the seventh consecutive year with higher consumer sales. It was also the second straight year the company broke its annual sales record.

In 2024, the company’s total volume reached nearly 797,000 in the US. Sean Yoon, CEO of Kia North America, said the accomplishment validates “that our strategy is working to further elevate the Kia brand.” A big reason behind the growth is Kia’s growing EV lineup.

“Kia has solidified its leadership position within the EV market,” Yoon explained, largely thanks to “the successful launch of our flagship EV9.”

Hyundai-Kia-US-sales-2024
2024 Kia EV9 GT-Line (Source: Kia)

New EVs are in high demand

The EV9 is Kia’s first three-row electric SUV. After deliveries began in late 2023, Kia sold over 22,000 EV9 models in the US last year. That’s even more than its first dedicated EV, the EV6, with 21,715 units sold last year.

Hyundai, Kia’s sister company, also set a new US sales record with over 836,800 vehicles sold in 2024, up 4% year over year. The company credited growing demand for its EVs as a major growth driver.

Hyundai-Kia-US-sales-2024
2025 Hyundai IONIQ 5 (Source: Hyundai)

The IONIQ 5 remained one of the best-selling EVs in the US, with 44,400 models sold in 2024, an increase of 31% from 2023.

Randy Parker, CEO of Hyundai Motor North America, said he’s “confident this momentum will continue.” Parker said the confidence comes from “exciting new models like the IONIQ 9 and increased US production ramping up” at its new EV plant in Georgia.

Hyundai-Kia-US-sales-2024
Hyundai IONIQ 9 three-row electric SUV (Source: Hyundai)

Hyundai began building EVs at the facility in October, starting with the upgraded 2025 IONIQ 5. Hyundai’s improved electric SUV features more range, better style, and a NACS port to charge up at Tesla Superchargers.

With US production ramping up, five Hyundai, Kia, and Genesis EVs now qualify for the $7,500 federal tax credit for the first time, which should help fuel even more demand in 2025.

2025 Hyundai IONIQ 5 Trim EV Powertrain Driving Range (miles) Starting Price* 
IONIQ 5 SE RWD Standard Range 168-horsepower rear motor 245 $42,500
IONIQ 5 SE RWD 225-horsepower rear motor 318 $46,550
IONIQ 5 SEL RWD 225-horsepower rear motor 318 $49,500
IONIQ 5 Limited RWD 225-horsepower rear motor 318 $54,200
IONIQ 5 SE Dual Motor AWD 320-horsepower dual motor 290 $50,050
IONIQ 5 SEL Dual Motor AWD 320-horsepower dual motor 290 $53,000
IONIQ 5 XRT Dual Motor  AWD 320 horsepower dual motor 259 $55,400
IONIQ 5 Limited Dual Motor AWD 320-horsepower dual motor 269 $58,100
2025 Hyundai IONIQ 5 prices and range by trim (*includes $1,475 destination fee)

The 2025 Hyundai IONIQ 5 starts at $42,500 with up to 245 miles range. Starting at $46,550, the long-range model gets up to 318 miles range, up from 303 miles in the outgoing IONIQ 5. Hyundai is building the IONIQ 9 alongside the new IONIQ 5 in GA. Prices will be revealed closer to launch. Check back soon for more info.

Are you ready to see why Hyundai and Kia EV models are taking the US by storm? We can help you get started. You can use the links below to find deals on Hyundai, Kia, and Genesis EV models at a dealer near you today.

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It’s an electric BMX bike! It’s a skateboard! It’s a DRYFT Board… something completely new [Video]

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It's an electric BMX bike! It's a skateboard! It's a DRYFT Board... something completely new [Video]

A new company called DRYFT1 is sliding its way into electric mobility on the wheels of a new hybrid product that mixes a BMX bike with a skateboard. The DRYFT Board is a hybrid board cross (HBX) that has combined the best elements of BMX and skateboarding into a one-of-a-kind all-electric product that gives riders the freedom to freestyle on roads in ways we haven’t seen before. You’ve gotta see this thing in action in the video below.

DRYFT1 is a new company with roots in Venice, California, a renowned area it credits for inspiring its dedication to motion and creativity. The company is just coming out of stealth mode and is fully funded, reiterating to Electrek that this is “not a Kickstarter.”

DRYFT1 describes its company ethos in one word: “freedom.” Recreational riders in Southern California have already taken to land and sea with surfboards, bikes, and skateboards, many of which have gone electric.

However, DRYFT1 has created a new one-of-a-kind product that allows riders to paint their local pavement in a new way. Today, the company introduced its flagship product, the DRYFT Board, an electric bike and skateboard hybrid that looks like it brings a new level of fun and expression to an already creative mobility segment.

The design of the DRYFT Board may raise some eyebrows at first glance, but once you see what an experienced rider can do on it, you’re probably going to want to take on for a spin yourself.

DRYFT1 launches a unique electric bike/skateboard combo

Per DRYFT1, its new “board” is all about the slide. The BMX bike/skateboard hybrid has been equipped with an electric motor that replicates the indescribable glide of a drift and has opened up access to that feeling to anyone, anywhere. DRYFT1 described the goal of its product:

Taking the coveted feeling that was once limited to those in these worlds of action sports, pushing their limits of speed and friction, and bringing that sought-after movement to the slide to anyone.

With the heart of an e-bike and the soul of a flat-track motorcycle, the DRYFT Board arrives in a category all its own (just don’t call it an e-scooter). Its skateboard deck is comprised of bamboo, fiberglass, and carbon fiber to deliver durability and resilience through slides and other sleek maneuvers on the road.

It is powered by a 500W front hub motor that can propel the board up to 20 mph, and the bike/skateboard hybrid’s battery can deliver 17 to 20 miles of all-electric range. Those are important stats for commuting, especially in a straight line, but that’s not what the DRYFT Board was designed for.

The electric skateboard/bike hybrid features a custom-engineered independent suspension truck system made from aluminum alloy, complete with 51mm springs to enable controlled sliding, carving, and drifting. Those maneuvers stem from the board’s center caster wheel, which is supported by proprietary polyurethane edge wheels for grip and drift performance.

Riders can choose between two ride modes: “Slide Mode” for smooth sliding on the pavement, and “Carve Mode,” which locks the center wheel for smooth cruising. While sliding, carving, or just cruising, riders can control the speed and acceleration of the electric skateboard/bike combo with a right thumb throttle on the handlebars.

Other features include a front hydraulic disc brake and high-quality grip tape on the rear deck. DRYFT1 also designed the board to disassemble into two components for easier transport and storage. The DRYFT Board electric bike and skateboard hybrid debuts in two colors – “Dryft Blue” and “Asphalt Black.”

The Dryft Board is available for purchase at Dryftboard.com beginning today and is priced at $3,500.

As previously mentioned, it’s impossible to truly grasp the capabilities of this unique new form of electric mobility without seeing it in action, so we recommend checking out DRYFT1’s launch video below.

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Here are the 5 things we’re watching in the stock market in the week ahead

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Here are the 5 things we're watching in the stock market in the week ahead

“Now Hiring” signage outside a Home Depot store in San Carlos, California, US, on Monday, Nov. 11, 2024. 

David Paul Morris | Bloomberg | Getty Images

The bulls returned to Wall Street on Friday after a brief hiatus.

In the week ahead, investors from all camps will focus on a series of labor market reports for clues on where the U.S. economy and stock market may go from here.

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‘Not safe or legal’ – Cops continue crackdown on Sur Ron style electric bikes

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'Not safe or legal' - Cops continue crackdown on Sur Ron style electric bikes

As powerful electric motorbikes such as those from brands like Sur Ron and Talaria become more popular, especially with teens, police departments in the US are increasingly cracking down on their use on public roads.

One of the latest examples comes to us from the Manhattan Beach Police Department in Los Angeles County.

The MBPD has seen an uptick in juveniles riding Sur Ron-style electric motorbikes, which fall far outside the regulatory limits of electric bicycles. These higher-performance vehicles can reach speeds twice as fast as legal electric bicycles and often feature 5x the power level. Critically, they also lack pedals and thus function more like light electric dirt bikes.

According to a recent post shared by the MBPD, the police department has continued to come across these vehicles being ridden by juveniles around the city. “Parents, please make sure those Christmas presents are being used legally and responsibly,” the MHBP stated, “so we don’t have to play the role of the Grinch.”

Further clarifying, the police department explained that such motorbikes aren’t legal for use on public roads or bike paths. “Talaria, Surron, ERidePro, and other similar-type electric motorcycles are not safe or legal for operation on city streets, sidewalks, or The Strand. A few juveniles have learned the hard way and found their ‘bikes’ on the back of a tow truck.”

The MHBP also shared an image below of multiple electric motorbikes being towed away. Ironically, one of the police vehicles at the scene is a police-issue electric-assist patrol bicycle.

More teens turning to high-power electric motorbikes

These powerful e-motorbikes are often marketed as electric bicycles, despite falling well outside the line of electric bicycle regulations. But because they’re readily available online, easy to ride, and are often improperly marketed as not requiring a license or registration for street use, they’ve proven popular with teens and young riders.

California recently passed new legislation more clearly delineating electric bicycle classifications, further underscoring the illegal nature of riding these types of vehicles on the road without proper motor vehicle registration.

However, many riders, particularly teens, are unaware that these bikes do not meet the legal requirements for bike paths or unlicensed street use, leading to traffic stops, fines, and sometimes even confiscations.

Law enforcement officials, as well as community watchdogs, often cite concerns about pedestrian safety, traffic violations, and the risk of accidents.

We’ve seen these crackdowns increase over the years as more police departments are forced to tackle the growing phenomenon of powerful electric motorbikes being ridden on public streets and bike paths as if they were normal electric bicycles.

The crackdown underscores the need for better education regarding these high-powered electric motorbikes, as they continue to rise in popularity among younger users.

via: MBNews

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