South Korea – May 2024

New passenger car registrations

141,313

▲ +10.7% YoY

Total registrations

9.8%

▼ -6.5% YoY

Plug-in vehicles ?

36.8%

▲ +11% YoY

Electrified vehicles ?

BEV

13,255 veh. ▼ -2.1% YoY

PHEV

630 veh. ▼ -51.9% YoY

HEV

38,134 veh. ▲ +19.1% YoY

ICE

88,978 veh. ▼ -15.2% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (13,255)
Plug-in hybrid (630)
Hybrid (38,134)
ICE (88,978)
Hydrogen (316)

Source: Ministry of Trade, Industry and Resources

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