South Korea – October 2024

New passenger car registrations

145,756

▲ +28.9% YoY

Total registrations

9.3%

▼ -14.8% YoY

Plug-in vehicles ?

43.1%

▲ +29% YoY

Electrified vehicles ?

BEV

12,717 veh. ▼ -17.5% YoY

PHEV

872 veh. ▲ +65.5% YoY

HEV

49,257 veh. ▲ +50.3% YoY

ICE

82,726 veh. ▼ -10.5% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (12,717)
Plug-in hybrid (872)
Hybrid (49,257)
ICE (82,726)
Hydrogen (184)

Source: Ministry of Trade, Industry and Resources

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