South Korea – December 2024

New passenger car registrations

142,425

▲ +17.8% YoY

Total registrations

4.9%

▼ -40.5% YoY

Plug-in vehicles ?

42.7%

▲ +17.9% YoY

Electrified vehicles ?

BEV

5,732 veh. ▼ -48.4% YoY

PHEV

1,231 veh. ▲ +113.3% YoY

HEV

53,815 veh. ▲ +35% YoY

ICE

81,599 veh. ▼ -10.9% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

  • BEV (5,732)
  • Plug-in hybrid (1,231)
  • Hybrid (53,815)
  • ICE (81,599)
  • Hydrogen (48)

Source: Ministry of Trade, Industry and Resources