South Korea – March 2025

New passenger car registrations

149,517

▲ +13.5% YoY

Total registrations

13.2%

▼ -5% YoY

Plug-in vehicles ?

46.4%

▲ +13.4% YoY

Electrified vehicles ?

BEV

18,431 veh. ▼ -8.7% YoY

PHEV

1,302 veh. ▲ +122.6% YoY

HEV

49,617 veh. ▲ +22.8% YoY

ICE

79,766 veh. ▼ -5.7% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (18,431)
Plug-in hybrid (1,302)
Hybrid (49,617)
ICE (79,766)
Hydrogen (401)

Source: Ministry of Trade, Industry and Resources

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