The company set a new quarterly EV sales record with over 11,000 units sold.
Author: Mark Kane
The Ioniq 5 and Ioniq 6 sales accounted for nearly 7% of the total volume.
The company's Ultium EVs continued to ramp-up, with Cadillac Lyriq sales surging to almost 6,000 units.
Both numbers represent solid improvements over Q1 2023, but they aren't quite as high as Q3 and Q4 of last year.
However, the market share of rechargeable cars remains high at 33%.
That's the second-highest monthly result ever.
The company also applied a price increase in China, while many other manufacturers are cutting prices there.
The electric SUV coupe will arrive in the U.S. in the fourth quarter of 2024.
It took just over six months to produce the latest million EVs.
The two partners entered an agreement for cylindrical automotive lithium-ion batteries—potentially the 4680-type.