South Korea – March 2026

New passenger car registrations

164,813

▲ +40.3% YoY

Total registrations

25.6%

▲ +114.2% YoY

Plug-in vehicles ?

58.7%

▲ +39.6% YoY

Electrified vehicles ?

BEV

41,232 veh. ▲ +123.7% YoY

PHEV

1,031 veh. ▼ -20.8% YoY

HEV

54,517 veh. ▲ +9.9% YoY

ICE

66,983 veh. ▼ -16% YoY

Monthly registrations by powertrain

Share of registrations by powertrain

BEV (41,232)
Plug-in hybrid (1,031)
Hybrid (54,517)
ICE (66,983)
Hydrogen (1,050)

Source: Ministry of Trade, Industry and Resources

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