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Ecodrive Daily > Hybrid Vehicles > Hybrid Vehicle Registrations In South Korea Surpass 2 Million Units | Auto News
Hybrid Vehicles

Hybrid Vehicle Registrations In South Korea Surpass 2 Million Units | Auto News

February 27, 2025 3 Min Read
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Hybrid Vehicle Registrations In South Korea Surpass 2 Million Units | Auto News
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Seoul: The cumulative variety of hybrid autos registered in South Korea surpassed 2 million for the primary time final 12 months, authorities knowledge confirmed on Tuesday. The entire 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, based on knowledge from the transport ministry.

An annual report of 482,349 items have been registered final 12 months alone, considerably contributing to the milestone, stories Yonhap information company. Hybrid autos have 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 vehicles has additionally contributed to a rise within the proportion of eco-friendly autos, which additionally embrace electrical autos (EVs) 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 vehicles within the nation.

“With the EV market dealing with a transitional interval and adjustments in U.S. automotive insurance policies, hybrid autos are anticipated to take care of sturdy demand for the following two to a few years,” an business observer stated.

In the meantime, Samsung SDI, South Korea’s second-biggest battery maker, stated on Tuesday it has signed an preliminary pact with Hyundai Motor Co. and its affiliate Kia Corp. to collectively develop robot-specific batteries.

Samsung SDI has signed a memorandum of understanding (MOU) with the 2 carmakers to develop high-performance batteries particularly for robots, with an purpose to considerably improve vitality density, output and utilization time, the corporate stated in a press launch.

See also  Weakening of UK EV sales rules ‘likely to result in significantly more carbon emissions’ | Automotive industry

“Via this collaboration, we are going to introduce differentiated applied sciences and high-quality merchandise within the robotic battery market,” Samsung SDI Government Vice President Cho Han-jae stated.

At present, most sectors within the robotics business lack devoted batteries, so they’re pressured to make use of these designed for energy instruments or gentle electrical autos, based on Samsung SDI.

To beat this problem, the businesses plan to develop high-performance batteries optimised for restricted areas in robots.

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