News on April 25, according to foreign media reports, Hyundai Motor announced its first-quarter performance today, with revenue reaching 37.78 trillion won, a year-on-year increase of 24.7% and operating profit increased by 86.3% year-on-year to 3.59 trillion won.
Data from Hyundai Motor show that they sold a total of 1,021,712 vehicles globally in the first quarter, an increase of 13.2% year-on-year, of which 830,665 were sold in overseas markets, an increase of 10.7% year-on-year; sales in the Korean market were 191,047 vehicles, an increase of 25.6% year-on-year.
Although Hyundai Motor disclosed in their financial report that their sales in the first quarter increased, mainly due to the increase in car production after the supply of chips and other components stabilized, but judging from the news they announced, the sharp increase in sales of electric vehicles is also a result of their An important factor in the sharp increase in sales year-on-year.
According to data from Hyundai Motor, they sold nearly 66,000 electric vehicles globally in the first quarter of this year, a year-on-year increase of 48%, much higher than the year-on-year growth rate of their overall sales.
However, compared with manufacturers that are at the forefront of the industry in electric vehicles, Hyundai still has a big gap. In the first quarter of this year, Tesla produced 440,800 electric vehicles and delivered more than 420,000 to consumers; the production and sales of BYD’s pure electric passenger vehicles also exceeded 260,000 in the first quarter.