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South Korea's Hybrid Car Registrations Hit 2.73M, Up 24.2% as Oil Prices Rise

GateNews

2026-05-26 06:53:44

According to the Korea Automobile Manufacturers Association, hybrid car registrations in South Korea reached 2.73 million as of end-April, up 24.2% year-over-year, accounting for 10.2% of all registered vehicles and maintaining above 10% for two consecutive months. Electric vehicle registrations also surged nearly 40% to 1.02 million, marking South Korea's entry into the era of over 1 million EV registrations, as reported by the Korea Business Telecom on May 25.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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