Hyundai Hopes to Boost Kona Electric Interest With Mountainous Publicity Stunt

Hyundai Motor Group India hopes to grow interest in the Kona Electric by having the subcompact crossover become the first EV to drive to Mount Everest’s base camp. While demand for the model has so far been relatively low, with deliveries averaging roughly 100 units per month in the U.S., it’s performed rather well globally (for an EV). Hyundai has one of the best ratios of plug-in sales in the industry — with about 5 percent of global sales going toward something rechargeable.

The figures vary month to month, but Hyundai has been able to consistently rely on at least 4,000 EV sales per month through 2019. In October, Hyundai said it shipped over 8,000 plug-in models, with continued growth anticipated through the end of this year.

Unfortunately, Indian auto sales aren’t particularly healthy. Volume is down over 30 percent vs last year and Hyundai promised $250 million to the nation to further the sales of electric and hybrid vehicles. EV sales are particularly bad, with estimates of all-electric passenger vehicles being no higher than 10,000 units (total) over the last five years. The brand likely figured a regionally focused publicity stunt might help boost interest in Asia while giving international markets a similar bump. After all, everyone in the world has heard of Everest and the dangerous ascent to its peak.

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  • Teddyc73 Oh good lord here we go again criticizing Cadillac for alphanumeric names. It's the same old tired ridiculous argument, and it makes absolutely no sense. Explain to me why alphanumeric names are fine for every other luxury brand....except Cadillac. What young well-off buyer is walking around thinking "Wow, Cadillac is a luxury brand but I thought they had interesting names?" No one. Cadillac's designations don't make sense? And other brands do? Come on.
  • Flashindapan Emergency mid year refresh of all Cadillac models by graphing on plastic fenders and making them larger than anything from Stellantis or Ford.
  • Bd2 Eh, the Dollar has held up well against most other currencies and the IRA is actually investing in critical industries, unlike the $6 Trillion in pandemic relief/stimulus which was just a cash giveaway (also rife with fraud).What Matt doesn't mention is that the price of fuel (particularly diesel) is higher relative to the price of oil due to US oil producers exporting records amount of oil and refiners exporting records amount of fuel. US refiners switched more and more production to diesel fuel, which lowers the supply of gas here (inflating prices). But shouldn't that mean low prices for diesel?Nope, as refiners are just exporting the diesel overseas, including to Mexico.
  • Jor65756038 As owner of an Opel Ampera/Chevrolet Volt and a 1979 Chevy Malibu, I will certainly not buy trash like the Bolt or any SUV or crossover. If GM doesn´t offer a sedan, then I will buy german, sweedish, italian, asian, Tesla or whoever offers me a sedan. Not everybody like SUV´s or crossovers or is willing to buy one no matter what.
  • Bd2 While Hyundai has enough models that offer a hybrid variant, problem has been inadequate supply, so this should help address that.In particular, US production of PHEVs will make them eligible for the tax credit.