Hyundai Motor Group was the fourth largest global supplier of electric vehicles (EVs) in the first seven months of 2020, according to research carried out by the Korea Automotive Technology Institute.

The group's two main car brands, Hyundai and Kia, reported a 25% rise in global EV sales to 60,707 units with models such as the Hyundai Kona Electric and Ioniq and the Kia Niro and Soul Boxcar EV.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The increase was driven mainly by higher demand in Europe and South Korea. 

The global market leader in the seven month period was Tesla, with sales rising by 4% to 191,971 units, followed by Renault-Nissan with 86,189 units, down 5% year on year. The Volkswagen group was third with sales more than doubling to 75,228 units, while China's BYD Auto came in fifth despite a 63% drop in EV sales to 42,340 units.

Hyundai Motor Group was the leading global supplier of hydrogen fuel cell vehicles, according to the institute, with sales jumping by 60% to 2,879 units year to date, followed by Toyota with 439 sales, up 71% year on year.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now