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THE INVESTOR

Automobiles

Hyundai, Kia sell more PHEVs overseas

  • PUBLISHED :May 17, 2017 - 11:15
  • UPDATED :May 17, 2017 - 11:15
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[THE INVESTOR] Hyundai Motor Group said on May 17 that it has sold more plug-in hybrid electric vehicles in overseas markets this year.

In the January-April period, Hyundai Motor and its sister company Kia Motors exported a combined 2,090 PHEVs mainly to advanced markets where customers’ environmental awareness is relatively high compared with less developed countries, according to the companies‘ data.

The sales figure from January to April already reached 72 percent of last year’s overall exports of 2,891 PHEVs. The two carmakers exported a total of 1,185 PHEVs in 2015, the data showed.

They have shipped three models of PHEVs – Hyundai’s Ioniq plug-in hybrid and midsize Sonata sedan, and Kia’s K5 midsize sedan.

By Alex Lee and newswires (alexlee@heraldcorp.com)
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