South Korea – July 2024

New passenger car registrations

132,396

▲ +19.4% YoY

Total registrations

11.9%

▲ +14.1% YoY

Plug-in vehicles ?

37.8%

▲ +19.6% YoY

Electrified vehicles ?

BEV

14,914 veh. ▲ +16.1% YoY

PHEV

870 veh. ▼ -12.1% YoY

HEV

34,211 veh. ▲ +22.4% YoY

ICE

82,071 veh. ▼ -12.6% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (14,914)
Plug-in hybrid (870)
Hybrid (34,211)
ICE (82,071)
Hydrogen (330)

Source: Ministry of Trade, Industry and Resources

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