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S. Korean carmakers' sales of eco-friendly models hit fresh high in 2024
Date
2025.01.06



According to Yonhap News,



South Korean carmakers' domestic sales of eco-friendly cars hit a new record last year, driven by the popularity of hybrid models, data showed Sunday.

The country's five carmakers recorded eco-friendly car sales of 450,194 units last year, up 11.3 percent on-year, according to separate data from Hyundai Motor, Kia, GM Korea, KG Mobility and Renault Korea Motors.

Of the total, hybrid models accounted for 356,058 units, up 25 percent from a year earlier, taking up 88 percent of total eco-friendly car sales.

Sales of electric vehicles, on the other hand, dropped 21.2 percent to 91,385 units in 2024, the data showed.

Domestic sales of hydrogen fuel cell cars also plunged 36.4 percent to just 2,751 units.

"Despite the sluggish sales of electric vehicles, demand for eco-friendly cars remained solid, fueled by the soaring sales of hybrid models," an official of the automotive industry said.


colin@yna.co.kr



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Source: Yonhap News (January 5, 2025)



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