In a bowl, combine olive oil, smoked paprika, garlic powder, onion powder, black pepper, and salt to create the marinade.
Pat the chicken wings dry with paper towels. Coat them evenly with the marinade, ensuring each wing is well covered. Let them marinate for at least 30 minutes, or refrigerate for up to 24 hours for enhanced flavor.
Preheat the grill to medium-high heat.
In a saucepan, combine hot barbecue sauce, honey, soy sauce, apple cider vinegar, cayenne pepper, garlic powder, and onion powder. Simmer the sauce over medium heat for 10-15 minutes, allowing it to thicken.
Grill the marinated wings for 20-25 minutes, turning occasionally, until they are fully cooked and have a crispy exterior.
Toss the grilled wings in the hot barbecue sauce until they are well coated.
Remove the Hot BBQ Chicken Wings from the grill and serve them hot.
Garnish with chopped cilantro or green onions for a fresh touch.