U.S. Gasoline Breaks $4/Gallon, Hyundai Hybrid Sales Surge 90%
2026-06-03 16:01
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en.Wedoany.com Reported - The national average price of regular gasoline in the U.S. has reached $4.29 per gallon, up nearly $1.15 from the same period last year, with prices in states like California already exceeding $6 per gallon. High fuel prices are driving consumers toward hybrid vehicles, with Hyundai Motor's hybrid car sales surging 90% compared to last year. Among them, sales of the Sonata Hybrid increased by 250%, while the Santa Fe Hybrid, Elantra Hybrid, and Tucson Hybrid grew by 30%, 29%, and 10%, respectively.

Electric vehicles have rebounded after the cancellation of federal tax credits last year. The Ioniq 5 achieved its best-ever May sales, up 28% year-over-year to 5,002 units, with cumulative sales up 16% year-to-date, as consumers have purchased 18,395 electric hatchbacks. The Ioniq 9 sold 1,145 units last month, a 279% increase from the same period last year.

Gasoline breaks $4/gallon, Hyundai hybrid sales surge 90%

Hyundai's overall sales rose 3% to 87,468 units, mainly driven by the Tucson, which sold 20,581 units in May. Sales of the affordable Elantra increased 7% to 16,819 units, while the Palisade sold 13,089 units. Among underperforming models, Ioniq 6 sales fell 85% to 176 units; the company has discontinued the mainstream version, and the high-performance N variant has not yet launched in the U.S. Sales of the Santa Cruz plummeted 41%, and the Venue dropped 27%.

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