The cumulative variety of hybrid autos registered in South Korea surpassed 2 million for the primary time final yr, authorities information confirmed Tuesday.
The overall variety of registered hybrid autos within the nation reached 2,024,481 as of the top of 2024, exceeding the two million mark for the primary time, in accordance with the information from the transport ministry.
An annual file of 482,349 items had been registered final yr alone, considerably contributing to the milestone.
Hybrid autos had been first launched in South Korea in 2008. Since then, cumulative registrations have grown steadily, surpassing 500,000 in 2019, 1 million in 2022 and 1.5 million in 2023.
The rise within the variety of hybrid automobiles has additionally contributed to a rise within the proportion of eco-friendly autos, which additionally embrace electrical autos and hydrogen gasoline cell autos.
The cumulative variety of eco-friendly autos totaled 2,746,000 items as of end-2024, accounting for 10.4 % of all registered automobiles within the nation.
“With the EV market dealing with a transitional interval and modifications in US automotive insurance policies, hybrid autos are anticipated to take care of robust demand for the subsequent two to a few years,” an business observer mentioned. (Yonhap)
