Hyundai will now only sell electric cars in Norway

Hyundai will now only sell electric cars in Norway

The representative office of the Norwegian brand has announced that Hyundai will sell zero-emission electric cars on the Norwegian market from January 1, 2023.

Hyundai after eight years of continuous growth, it has become one of the biggest car brands on the Norwegian market. Following the introduction of the IONIQ range of models in 2016, the sales rate has risen rapidly and local dealers are enjoying strong demand for new vehicles.

“We have great confidence in our product portfolio. After the launch of the all-new IONIQ 6, the time has come for us to sell only electric cars on the Norwegian market. says Thomas Rosvold, CEO of Hyundai Motor Norway. “The IONIQ 5 and KONA Electric have long been among the most popular vehicles in this market, and we are confident that our electric vehicles will ensure our continued success well into the future.”

As a global leader in electrification, the Norwegian market is the driving force behind Hyundai’s electric vehicle development. The IONIQ Electric has quickly become one of the most popular electric vehicles on the market and achieved high sales until handing over the last car to the customer shortly before Christmas this year.

The launch of the Hyundai Kona Electric in 2018 caused a small revolution in the electric car market. The model was popular with Norwegian and European customers thanks to its long-lasting, affordable price and the concept of crossing borders. In Norway, this resulted in 8,000 pre-orders and strong sales, making the Kona Electric consistently one of the most popular cars in the country over the years.

This was followed by the Hyundai Ioniq 5 with the equipment, practicality and technology that customers demand. Long life, very fast charging, generous space and practical design of the CUV are important criteria for customers. The IONIQ 5 is one of the most modern electric cars on the market and has been the fifth best-selling model in Norway so far this year.

In 2020, Hyundai decided to sell only hybrid and electric cars in Norway. including the Tucson Plug-In Hybrid and Santa Fe Plug-In Hybrid models. However, at the beginning of 2023, the brand marks a new step on the Norwegian market. Hyundai will sell its last plug-in vehicles at the end of 2022, and from January 1, 2023, Norway will be the very first market where the brand will offer only pure electric vehicles.

“We also recently got to see the first images of the next generation Kona Electric, which will be bigger, but also sleeker and more powerful than before.” says Rosvold. “With other innovative designs that we will introduce in the next few years, we are ready for the electric future.”

In the Norwegian market, Hyundai is already the electric leader. According to extensive open market research, Hyundai is also a brand that produces, among other things, gasoline-powered cars, but many customers associate it with electric cars. Only two products are placed before it, but they produce only electric cars.

Hyundai has a strong position and a long tradition in the electric car segment. It currently offers customers electric vehicles with the best product features on the market, including economy, long range and innovations such as super-fast 800V charging, V2L (Vehicle-loading) power supply function for external devices and a maximally spacious interior thanks to a special modular platform for electric vehicles E-GMP (Electro-Global Module Platform).

Electric vehicles will account for 93% of Hyundai Motor Norway’s sales in 2022. Electric vehicles have consistently accounted for more than 90% of Hyundai’s total sales in Norway in recent years as well. From 2020 to 2022, Hyundai delivered 25,000 passenger cars to Norwegian customers. Of these, 92% were electric only. Thanks to this, Hyundai has gained a solid position as one of the most popular car brands in Norway, not only in terms of electric cars, but all drives.

source: press release