Market share of eco-friendly cars jumped to 8.2% in South Korea last year - Lake Harding Association

Market share of eco-friendly cars jumped to 8.2% in South Korea last year

Market share of eco-friendly cars jumped to 8.2% in South Korea last year

By Micah Moen 2 Comments August 14, 2019


South Korea is becoming a more eco-friendly
nation,… at least when it comes to vehicles on the road. According to the Korea Automobile Manufacturers
Association on Sunday,… the share of environment-friendly vehicles in the South Korean market… was
seen at 8-point-2 percent last year. In 2018, the number of eco-friendly vehicles,
including hybrid and all-electric cars,… reached nearly 125-thousand units, soaring
26-point-2 percent from a year earlier. The rise is being attributed to a number of
factors… such as the expansion of government subsidies and changing consumer preferences. In comparison,… the market share of eco-friendly
vehicles was seen at 6-point-6 percent in Western Europe… and 3-point-9 percent in
the U.S.

2 Comments found

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Songgi Ylanan

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CH Huang

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