Number of eco-friendly vehicles hit 1.5 million in South Korea

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    ANN/THE KOREA HERALD – South Korea saw its number of eco-friendly vehicles exceed 1.5 million in October, data showed yesterday.

    According to the South Korean Ministry of Land, Infrastructure and Transport, a total of 1,515,000 units of eco-friendly vehicles, including full electric vehicles (EVs) and hybrids, were registered by the end of October – a 38.3 per cent surge on-year.

    This comes just one year and three months after the country saw the number of eco-friendly vehicles exceed one million in July 2021.

    The ministry’s data showed that green vehicles are now responsible for up to 5.96-per-cent of South Korea’s registered cars – an increase from 4.65 per cent last year.

    Among registered eco-friendly cars, hybrids made up the biggest part with 1,121,000 units, followed by electric vehicles with 365,000 units and hydrogen-powered cars with 27,000 units. The number of registered EVs saw the biggest surge with a 72.7-per-cent jump on-year in October on brisk global demand for eco-friendly cars.

    The ministry expects that with such rapid growth in the number of eco-friendly cars, they are likely to achieve the goal to have 2.83 million green cars on the road by 2025.

    In the meantime, the number of registered gasoline-powered cars saw a tiny 2.7-per-cent growth over the past year, with a total of 12,013,000 registered units. The number of registered diesel cars and LPG-powered cars, on the other hand, dropped by 1.1 per cent and 1.9 per cent in October compared to the same month last year respectively down to 9,779,000 units of diesel cars and 1,913,000 units of LPG-powered cars.

    A man experiences driving the Kia EV6 using a simulator at the 2022 Los Angeles Auto Show. PHOTO: AFP