South Korea – February 2024

New passenger car registrations

115,753

▼ -10.1% YoY

Total registrations

3.5%

▼ -78% YoY

Plug-in vehicles ?

34.4%

▼ -9.1% YoY

Electrified vehicles ?

BEV

3,512 veh. ▼ -80.3% YoY

PHEV

545 veh. ▼ -10.1% YoY

HEV

35,714 veh. ▲ +41.1% YoY

ICE

75,651 veh. ▼ -26.1% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

  • BEV (3,512)
  • Plug-in hybrid (545)
  • Hybrid (35,714)
  • ICE (75,651)
  • Hydrogen (331)

Source: Ministry of Trade, Industry and Resources