Hyundai IONIQ 5 Sales Actually Up This Year!
Why it matters: The Hyundai IONIQ 5's sales increase defies the 2025 US EV market downturn post-tax credit.
- Ford and Nissan EV sales collapsed in the US in 2025.
- Tesla sales also performed poorly, contributing to an overall downturn in the US EV market.
- The US EV market decline is attributed to the ending of the $7,500 US EV tax credit.
- Hyundai IONIQ 5 sales are notably up this year, contrasting with the general market trend.
While the broader US EV market, including sales for Ford, Nissan, and Tesla, experienced a decline in 2025 following the cessation of the $7,500 US EV tax credit, the Hyundai IONIQ 5 surprisingly bucked this trend with an increase in sales.
