Recent data revealed that sales of Hyundai and Kia hybrid cars in the local market in South Korea have risen to unprecedented levels for the first time in their history, since the launch of this type of car in 2009 for the first time.
The data, issued today, Sunday, August 27 (2023), showed that the cumulative sales of hybrid cars produced by the two South Korean companies exceeded the one million mark in the Korean market, in light of the increased demand for environmentally friendly cars, according to a report published by Yonhap Agency, and monitored by the specialized energy platform. .
By the end of last July (2023), Hyundai and Kia sales of hybrid cars amounted to about 997,469 units, since the launch of the first hybrid car in 2009, indicating that cumulative sales exceeded the one million unit mark during August. current.
Hybrid cars in South Korea
The average sales of Hyundai and Kia hybrid cars are about 22 thousand cars per month, as this type of car is very popular among citizens in South Korea, thanks to the tax incentives offered by the government, in addition to its fuel efficiency.
Hybrid cars were the only ones that witnessed year-on-year growth among new cars registered by fuel type, during the month of July, according to data from the car market research company “Car Is You”, which was seen by the specialized energy platform. .
Thanks to the growth of the local car market and the increase in sales of Hyundai and Kia hybrid cars, the hybrid version of the “Grandeur” car manufactured by “Hyundai Motors”, as the company has sold about 228 thousand and 515 units of it, since the issuance of its first version in December 2013.
Meanwhile, Kia’s Niro SUV has sold more than 140,000 units by the end of July since the release of its first hybrid version in 2016, which in turn contributed to the growth of the hybrid car market in South Korea.
The Kia Niro Hybrid – photo from the company’s official website
Officials in Hyundai and Kia said that the two companies aim to improve the capabilities of hybrid cars and diversify them since the issuance of the first hybrid model 14 years ago, and they will work to increase customer satisfaction and contribute to reducing carbon emissions, through the various hybrid models.
Hybrid cars compete with electric cars
With the increase in Hyundai and Kia sales of hybrid cars, questions are being raised about the intense competition between this type of car and electric cars in the global markets, especially with the advantages that these cars offer and excel in.
And by the end of last year 2022, the annual reliability survey of “Consumer Reports” magazine showed that Tesla electric cars and cars of other brands were among the least reliable vehicles in America, according to the report Which was seen by the specialized energy platform.
The report pointed out that despite the arrival of more electric cars on the market, some of them suffer from problems with battery packs, charging systems, and motors in the driving systems. On the other hand, hybrid cars and medium and large sedans are among the most reliable, followed by hybrid SUVs. and externally rechargeable.
Consumer Reports Senior Director of Automotive Testing, Jake Fisher, explained that a hybrid car can provide years of trouble-free mileage and is a good defense against higher fuel prices, stressing that it provides reliability, better fuel economy, and lower maintenance costs.
The report indicated that more than 1 in 3 potential buyers (36%) are considering buying a hybrid car as their next car or truck, up from 29% in 2019, which indicates that this type of car is distinguished from its electric counterpart.
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2023-08-27 14:10:03
#Hyundai #Kia #Hybrid #Vehicle #Sales #Hit #Historic #Energy
