Hyundai IONIQ 5 fuels new EV export record with over 68,000 shipped in 2024

Hyundai and Kia set a new record, shipping nearly 708,000 electrified cars from Korea in 2024. With over 68,000 exports, the IONIQ 5 was Hyundai’s hottest-selling EV overseas.

Hyundai IONIQ 5 drives new EV export record in 2024

Since launching in February 2021, Hyundai’s electric SUV has continued winning over buyers around the world. With a bold design based on its first production car, the Pony, Hyundai’s IONIQ 5 stands out from the crowd.

Its futuristic design is complemented by a long driving range (+300 miles), fast charging (under 20 minutes), and a tech-loaded interior.

Even with an influx of new electric cars, the IONIQ 5 remains a top seller in many markets. In the US, Hyundai’s electric SUV was the fifth best-selling EV in 2024, behind only the Tesla Model Y, Model 3, and Ford Mustang Mach-E.

As Hyundai’s best-selling EV overseas, the IONIQ 5 helped Hyundai set a new “eco-friendly” export record in 2024.

With 68,227 exports, the IONIQ 5 was Hyundai’s third top-selling electrified (EV and hybrid) model outside of its home market, following the Tucson Hybrid (93,547) and Kona Hybrid (73,553). Kia also set an export record with over 69,500 Niro Hybrids and almost 42,500 EV6s sold overseas.

With 707,853 EVs and hybrids exported in 2024, Hyundai and Kia’s eco-friendly exports have surged by nearly 160% since 2020 (270,000). Since then, their share of exports has almost doubled from 17% to 32%

The US, Canada, and Mexico accounted for over 55% of Hyundai and Kia’s total exports last year, followed by Europe at 18.7%.

Hyundai and Kia are bolstering EV production in Korea and overseas. Kia’s Gwangmyeong EVO Plant, where the low-cost EV3 is built, opened in October 2024.

Hyundai’s new EV plant in Georgia also began production last October. The 2025 IONIQ 5 refresh was the first to roll off the assembly line. Hyundai upgraded its top-selling IONIQ 5, giving it even more driving range, improved style, and an NACS port to charge at Tesla Superchargers.

The IONIQ 9, Hyundai’s first three-row electric SUV, will be built alongside it. With Hyundai and Kia EVs now qualifying for the $7,500 EV tax credit for the first time, the Korean automakers expect another big year in 2025.

Ready to check out Hyundai or Kia’s electric cars for yourself? 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.