HYUNDAI BUCKS THE TREND AS IONIQ 5 EV SALES SURGE 33% IN RECORD FEBRUARY

Hyundai Motor America extended its momentum in the U.S. market with another record-setting February, delivering 65,677 vehicles — a 6% increase year over year — marking its third consecutive month of all-time monthly sales highs.

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While several automakers have reported cooling demand for electric vehicles following the expiration of the $7,500 federal tax credit last fall, Hyundai moved in the opposite direction, led by a sharp rebound in IONIQ 5 sales.

The IONIQ 5 rose 33% compared with February of last year, reaching 3,329 units sold during the month. Through the first two months of 2026, the model has delivered 5,365 units, up 14% year to date. The performance helped push Hyundai's overall EV sales to their strongest February on record.

Hyundai Motor America CEO Randy Parker pointed to the company’s growing electrified portfolio as a core driver of demand, noting that pure EV sales climbed 6% year over year while hybrid sales surged 79%. Several electrified models — including the IONIQ 5, Sonata HEV, Electra HEV, Santa Fe HEV, and Tucson HEV — all set February records.

IONIQ 5 DRIVES ELECTRIFIED MOMENTUM

The IONIQ 5 has become Hyundai's flagship electric crossover in the U.S., and February's results underscore its role as the backbone of the brand's EV strategy. Its 33% jump comes at a time when many competitors are navigating softer EV volumes, supply recalibrations, or pricing pressure.