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The Hyundai Ioniq 5 (courtesy of Hyundai Motor)

The Hyundai Motor Group recorded double-digit market shares last year in the electric vehicle (EV) markets in 10 major European countries, including Germany.

The company was also found to have sold the fourth most EVs among global automaking groups.

According to a report Wednesday by the EV news website CleanTechnica, Hyundai-Kia registered a 10% market share with a total of 96,988 EVs sold in Germany and nine other European countries last year. This ranked it fourth after the Volkswagen Group, Stellantis, and Tesla.

Hyundai Motor sold 54,906 vehicles (5.7%), while Kia sold 42,082 (4.3%).

The numbers in question were totals for Germany, Norway, the Netherlands, Sweden, Spain, Italy, Switzerland, Denmark, Ireland and Finland.

The top-ranked Volkswagen Group had a 25.6% market share with 248,421 vehicles sold in those countries last year. Stellantis and Tesla recorded respective sales of 136,345 vehicles (14.1%) and 130,251 vehicles (13.4%).

Chinese companies have also attracted attention with a recent increase in EV exports to European markets. Geely Auto and SAIC Motor placed eighth and ninth on the list with sales of 57,329 vehicles (5.9%) and 26,936 vehicles (2.8%), respectively.

BYD, which has been mentioned as a potential rival for Tesla, registered only a 0.4% share in the European markets.

As late entrants in the EV market, Japanese companies recorded limp sales figures. Toyota was counted as selling just 7,554 vehicles (0.8%), while Mazda sold 3,921 (0.4%) and Honda 1,274 (0.1%).

By model, the strongest performer was Tesla’s Model Y, which sold 70,817 vehicles. The Volkswagen ID.4 sold 67,049, while the Tesla Model 3 sold 49,645.

Hyundai’s Ioniq 5 and Kona Electric finished eighth and ninth on the list with 26,305 and 25,797 sold, respectively.

The Kia Niro EV ranked 14th (20,752), and the Kia EV6 came in 19th (18,226). The list of sales figures also included 3,086 for the Kia Soul, 2,164 for the Hyundai Ioniq, 242 for the SsangYong Korando, and 168 for the Hyundai Motor Group’s Genesis GV60.

By Ahn Tae-ho, staff reporter

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