Who says EVs are not selling in the US? Hyundai and Kia’s most popular electric models set new September US sales records, with momentum expected to continue into the end of the year.
Korea’s largest automakers are taking advantage of the growing US electric vehicle market. Kia and Hyundai achieved 15 straight months of growth in the US last month.
Kia’s EV6 set a new October sales record with 1,542 models sold, up 30% over last year. Although Kia doesn’t provide a breakdown for its Niro EV model, the company said overall EV sales were up 83% YOY.
The automaker recently revealed 2024 EV6 pricing, including a new longer-range Light variant starting under $50,000.
Kia also opened orders for its first three-row electric SUV, the EV9, in October. The Kia EV9 starts at $54,900 with up to 230 miles range. For $59,200, the Long Range version offers up to 304 miles range.
Eric Watson, VP of sales at Kia America, said, “The upcoming 2024 EV9, set for release soon, has already garnered significant consumer interest with pre-orders, establishing its presence in the competitive electric SUV segment from the start.”
Hyundai and Kia set new September EV sales records
Meanwhile, Kia’s parent company, Hyundai, also set a new September EV sales record. Hyundai’s IONIQ 5 electric SUV sales reached 2,979, up 89% from last year.
Randy Parker, CEO of Hyundai Motor America, commented on the success, saying, “Hyundai is rolling into November with momentum and our proven Winter Sales Event promotion and strong marketing support starts now.”
Hyundai EV
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
IONIQ 5
1,548
2,074
2,114
2,323
2,446
3,136
4,135
3,572
3,958
2,979
IONIQ 6
N/A
N/A
222
890
971
1,162
1,745
1,663
1,665
1,239
Hyundai US EV sales YTD (Source: Hyundai Motor America)
The automaker has sold 28,285 IONIQ 5 models in the US this year as one of the best-selling EVs.
Although sales are down from the summer months, this is a typical seasonal trend that generally picks back up into winter.
Hyundai also sold 1,239 IONIQ 6 models, as sales reached 9,557 so far in 2023. The company recently announced the 2024 IONIQ 6 will start at $38,615, over $4,000 less than this year’s model.
The growth comes after Hyundai introduced several incentives and promotions over the past few months.
Hyundai slashed EV lease prices last month, offering some of the cheapest rates since launching. It also ran a promo that gave those buying or leasing an IONIQ 5 or 6 model a free ChargePoint Home charger and a $600 credit. However, that deal ended at the end of October.
It looks like Hyundai is already introducing its next round of promotions with the upcoming “Winter Sales Event.” We will keep you posted on the latest Hyundai deals.
Are you looking to get behind the wheel of Hyundai’s EVs at some of the lowest rates so far? You can use our links to find great deals at a dealership near you. Check out our links below to get started today.
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The all-electric Cadillac LYRIQ was an Electrek favorite when it first made its debut two years ago. Now, LYRIQ buyers who have been waiting for a deal can score more than $10,500 in discounts on the Ultium-based Caddy.
Our own Seth Weintraub said that GM had come in, “a year early and dollar long at $60K” when he first drove the Ultium-based Cadillac LYRIQ back in 2022. He called the SUV “a stunner,” too, heaping praise on the LYRIQ’s styling inside and out before adding that the EV’s ride quality really impressed on long journeys.
Well, if the first mainstream electric Cadillac was a winner at its original, $57,195 starting price (rounded up to $60K for easy math), what could we call it at $10,500 less?
That’s a question that’s suddenly worth asking, thanks to huge GM discounts on the LYRIQ that prompted the automotive pricing analysts at CarsDirect to name the 2024 LYRIQ one of the industry’s “Best New Car Deals” this month:
A slew of incentives can enable you to save big on a 2024 Cadillac LYRIQ. First, EVs eligible for the federal tax credit qualify for $7,500 in Ultium Promise Bonus Cash from GM. Additionally, competing EV owners can score $3,000 in conquest cash.
With more than 100 kWh of battery capacity and 300-plus miles of real-world driving range (plus available 190 kW charging capability) the Cadillac LYRIQ ticks all the boxes – but you don’t have to take just my word for that.
A global shortage of qualified operators is impacting job sites everywhere, precisely at a time when demand for housing, mineral mining, and renewable energy construction is going from peak to peak. That’s why companies from Caterpillar to Tesla to Einride are pushing to advance autonomy the way they are.
First revealed as a concept in 2021, Volvo CE’s CX01 autonomous “single drum” asphalt roller concept has seen continuous development in the years since. Making its Volvo Days debut, the CX01 has shed the original single drum design for a “split drum,” with each half being controlled by an internalized, independent electric motor.
The CX01’s electric motors not only help to propel and steer the roller, they also vibrate the drums individually, using some trick software calibration to effectively “cancel each other out,” delivering all the benefits of vibrating drum rollers without the noise.
It’s so smart, you guys
It’s also worth noting that the CX01 is something of an “extended range” EV, instead of a “pure” BEV. That’s because it uses a small, 1.4L diesel engine to spin a generator that powers not batteries, but capacitors (those blue things, above right). Those capacitors can be charged on grid power (or from an accompanying TC13 trench compactor), but they’re much better than batteries at releasing energy really quickly, enabling the diesel to operate at its maximum efficiency while maintaining extremely precise, high-torque movement from the motors.
Volvo CE engineers envision a team CX01 rollers units deployed on larger job sites that could work together and communicate with other pieces of equipment on the site. The connected equipment could help survey the job site, report on the conditions of the mat (density, temperature, and passes), and leverage AI to determine when and where to compact without the need for human operators.
All of which is great, sure – but they had me at “giant OneWheel.”
Volvo TA15 autonomous electric haul truck
Volvo TA15 autonomous haul truck; photo by the author.
Part of Volvo CE’ “TARA” line of autonomous products, the “production ready” TA15 autonomous electric haul trucks are already part of a number of pilot programs on Volvo customer job sites. Being autonomous, they’re ideally suited to performing repetitive routes, dozens of times per day, without exposing human operators to fatigue or injury.
“TARA enables you to downsize and replace larger diesel-powered vehicles with a fleet of autonomous electric Volvo TA15s capable of running 24/7,” reads the official TARA release. “This not only helps you cut emissions and increase productivity, it will also help you rightsize your machinery and optimize your hauling routes.”
And that brings us to the real topic at hand: sustainability.
Electrek’s Take
Volvo SD110 single drum roller, via Volvo CE.
As we’ve often discussed on The Heavy Equipment Podcast, there are two types of sustainability, and both are important. The first is the “classic” version of sustainability, in that our choices need to sustain the planet and environment we live in. The second is sustainability of the business – the ability to keep doing business in a way that ensures the survival of the business, itself.
Looking at the conventional Volvo SD110 conventional roller, above, you can see the incredible amount of materials – of steel, rubber, plastic, glass, etc. – that simply isn’t needed to produce the CX01 roller we started this article with.
All that added mass has a massive hidden carbon cost. The cost of getting those materials out of the ground, the need for bigger, heavier roads to support the weight of the machine, and the bigger, burlier trucks and trailers needed to transport it. Heck, even the operator’s commute to and from the job site adds to the carbon cost of the SD110, over and above the harmful emissions from its diesel engine’s exhaust stack.
The CX01? It’s objectively more sustainable than the SD110 roller in every way, and does pretty much the same job.
Following successful inbound implementations in the Pacific Northwest, North Carolina, and Mexico, Daimler Trucks North America (DTNA) is expanding the reach of its electric semi fleet into Arizona with long-time associate JB Hunt.
JB Hunt will add the new Freightliner eCascadia electric semi to its Arizona fleet immediately, and put it to work delivering aftermarket truck parts from DTNA’s parts distribution center (PDC) in Phoenix to multiple DTNA dealers along a dedicated route.
The electric Freightliner truck is expected to cover approximately 100 miles in a given day before heading “home” to a Detroit eFill charger installed at Daimler’s Phoenix facility.
“This solution with DTNA is a great example of our commitment to supporting customers’ efforts to reduce their carbon footprint and work towards energy transition,” explains Greer Woodruff, executive vice president of safety, sustainability and maintenance at JB Hunt. “JB Hunt owns and operates several eCascadias on behalf of customers, and our drivers have really enjoyed their in-cab experience. As customer interest continues to grow, we are here to enable their pursuit for a more sustainable supply chain in the most economic means possible.”
Daimler is analyzing future expansion opportunities throughout its internal parts distribution and logistics with an eye on electrifing additional routes and further reducing the carbon footprint of its logistics operations.