South Korea – January 2024

New passenger car registrations

116,152

▲ +67% YoY

Total registrations

1.9%

▲ +105.2% YoY

Plug-in vehicles ?

32.6%

▲ +69.2% YoY

Electrified vehicles ?

BEV

1,597 veh. ▲ +148.8% YoY

PHEV

588 veh. ▲ +39% YoY

HEV

35,650 veh. ▲ +67.4% YoY

ICE

78,315 veh. ▼ -31.9% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (1,597)
Plug-in hybrid (588)
Hybrid (35,650)
ICE (78,315)
Hydrogen (2)

Source: Ministry of Trade, Industry and Resources

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