- Hyundai Ioniq 5 sales rose 14 percent during the first three months of this year.
- This happened after the US federal government ended subsidies for electric vehicles.
- Hyundai had its best-ever first-quarter sales results, selling 205,388 vehicles
Since the federal government ended electric vehicle subsidies last September, sales have declined. Consumers can no longer lower the price of new electric vehicles, making them less attractive, but they are not abandoning all models. Sales of the Hyundai Ioniq 5 have actually increased so far this year.
For the first three months of 2026, Ioniq 5 sales rose 14 percent, with Hyundai selling 9,790 of the electric crossover. This number is a slight increase compared to last year, but it is an unexpected increase. Ioniq 6 sales are down 75 percent, but EVs are down most died in the United States.
The brand’s other biggest loser was the Santa Cruz, another model discontinued by Hyundai. Nearly all other models saw sales increase last quarter, resulting in Hyundai’s best-ever first-quarter sales with an increase of 1.0 percent. Hyundai has sold 205,388 vehicles so far this year.
| Model | Sales in 2026 | Sales in 2025 | % Change |
| Elantra | 33,063 | 33,490 | -1% |
| ionic 5 | 9,790 | 8,611 | 14% |
| ionic 6 | 829 | 3,318 | -75% |
| ionic 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% |
| Location | 6,761 | 6,063 | 12% |
| Total | 205,388 | 203,554 | 1% |
Other Player List
Hyundai’s best-selling model continues to be the Tucson, with 55,426 units sold. The Santa Fe was Hyundai’s second best-selling model, with 33,343 sold, followed by the Elantra with 33,063, down 1 percent.
The Venue, the automaker’s cheapest model, saw sales increase by 12 percent in the last quarter to 6,761 units. Sonata sales fell 8 percent from 15,797 to 14,547, while Kona sales increased 2.0 percent.
Hyundai said first-quarter sales were driven by strong hybrid sales, with the Santa Fe, Elantra and Sonata up 47 percent, 141 percent and 107 percent. Sales of the new Palisade rose 6 percent, with the automaker selling 37,704 units from January to March.
Motorcycle Pickup1: The Hyundai Ioniq 5 is a great electric crossover, so we wouldn’t be surprised if it was able to defy the odds. The rest of Hyundai’s range is also selling well, but it will be interesting to see if they can continue this momentum towards the middle of the year.
