Vehicle Supply Chain Issues

I noticed that Hyundai was selling out of it’s 2022 vehicle models for hybrid and electric vehicles so my wife and I decided to reach out to our local dealership to see about reserving a Hyundai Ioniq 5, but it looks like we won’t be able to get one.

Check out my post Electric SUV Maybe? where we talk about the Ioniq 5.

I went to the Hyundai website and saw the following notice that the Ioniq 5 was on limited inventory and the Kona Electric was sold out. While the model year was announced in the fall of 2021, we are only at the end of January of 2022 and the 2022 line-up of Kona Electric SUVs are all spoken for!

The response I received from our local Hyundai dealer was this: “there has been huge demand for the vehicle and Hyundai have now pre-sold the entire 2022 production. Hyundai have closed orders on it until they release the 2023, they are indicating ordering in June 2022 with delivery May 2023”

So if we want an Ioniq 5, we will have to wait until they announce the 2023 model year in the summer of 2022 and it likely won’t be delivered until the spring of 2023. The whole thing breaks my brain a little. I’m not completely surprised though as the Ioniq 5 is an amazing all-electric mid-sized crossover SUV, and we were ready to wait nearly a year to get it, but now we have to wait about a year and a half to get the vehicle we want, otherwise we would have to look at other options available to us.

Maybe there is a better option? Maybe another manufacturer will have less supply constraints with the type of vehicle we want? I am not sure yet. Thankfully, we are not in a situation where we need to buy a vehicle right this second, but in the back of my mind, I wonder… If our car does break down in a way that isn’t worth it to repair, what will our choices be then?

Maybe we could buy a Hyundai Tucson plug-in hybrid?

Nope. Guess not. Maybe the Santa Fe Hybrid?

I guess we will have to look at another manufacturer to figure out what options are available to us. The downside is that we felt that Hyundai had a good sweet spot of quality to value right now and other manufacturers skew that proposition in different ways. For example, we love what the Nissan Ariya looks like they’ve already delayed the Canadian release until the 2023 model and it is going to be much more expensive than the Ioniq 5 from what I’ve been able to research. The Chevy Bolt EUV might be a cheaper vehicle, but from what I can see, the quality might be a bit more lacking than the Hyundai or Nissan options.

I am hoping we can test drive a VW ID4 at some point soon, and maybe a Toyota bZ4X if they come out in 2022 and don’t have a year long wait to purchase.

I would really like to not buy another gasoline powered vehicle if we can avoid it. I’d prefer a plug-in hybrid or a full-electric vehicle that can fit four adults or two adults, a dog, and a car seat (if surrogacy works out) without me feeling crammed in there like I do in our current car.

Unfortunately, all the best planning in the world doesn’t matter when there is a manufacturing and supply shortage.

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