The most popular EV model in 2021 in South Korea was Tesla Model 3 from Jan to May with a whopping registration of 3,391 cars.
In 2021, around 14, 234 cars got registered in South Korea whereas, in 2022, 39,628 cars got registered in South Korea.
The top 5 EV models in South Korea in 2022 are:-
As per Business Standard, the data published by the SNE research group shows,
Three of the South Korean electric vehicle battery manufacturer conquered the 31% market share. LG Energy Solution, Samsung SDI, and SK Innovation supplied 47.8 GWh of EV batteries in the Jan-March period.
South Korean are also investing more in wireless electric charging technology to set an international standard.
“The Korean Agency for Technology and Standards held a virtual meeting with experts from home and abroad to further foster the wireless charging technology for EVs with a capacity of 50 kilowatts, according to the Ministry of Trade, Industry, and Energy.” Business Standard.