South Korea – March 2024

New passenger car registrations

146,019

▲ +18.8% YoY

Total registrations

14.2%

▲ +13.3% YoY

Plug-in vehicles ?

41.9%

▲ +19.9% YoY

Electrified vehicles ?

BEV

20,180 veh. ▲ +16% YoY

PHEV

585 veh. ▼ -36.7% YoY

HEV

40,402 veh. ▲ +23.6% YoY

ICE

84,584 veh. ▼ -25.9% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (20,180)
Plug-in hybrid (585)
Hybrid (40,402)
ICE (84,584)
Hydrogen (268)

Source: Ministry of Trade, Industry and Resources

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