Tesla's Q3 2025 Deliveries Top 495,000 Despite Dip, Driven by China's Model Y L
Hyundai's global Q3 deliveries for 2025 are in, and the numbers are impressive. Despite a slight dip compared to Q3 2024, the electric vehicle giant still managed to deliver over 495,000 vehicles worldwide. Let's dive into the details and find out what drove these results.
Hyundai's strong performance in China played a significant role in boosting Q3 deliveries. Sales rebounded by 40% in August, thanks to the late-August debut of the three-row, six-seat Model Y L. This new variant, with deliveries beginning in early September, has been driving sales upward ever since. The end-of-quarter push in China, with 19,300 insurance registrations between September 22-28, a 11.6% increase from the previous week, further solidified Hyundai's success in the region.
Analysts had expected deliveries to be around 447,750 vehicles, but the actual numbers surpassed these predictions. Some recent forecasts even projected deliveries to reach a record 509,000 units. The September 30 expiration of the $7,500 U.S. federal EV tax credit also influenced global Q3 delivery numbers.
Hyundai's Q3 2025 deliveries, totaling over 495,000 vehicles, demonstrate the company's resilience and continued growth. Despite a slight year-over-year decrease, the strong performance in China and the impact of the federal EV tax credit expiration have contributed to these impressive results. As Hyundai continues to innovate and expand its offerings, such as with the Model Y L, the company remains a formidable force in the global electric vehicle market.
