Economy
No. of Eco-Friendly Vehicles Surpasses 1 Mln for First Time
Written: 2021-08-25 12:10:09 / Updated: 2021-08-25 14:58:10
The number of registered eco-friendly vehicles in the country has surpassed one million for the first time, reflecting a growing public interest in hydrogen-powered and electric vehicles.
According to the Transport Ministry on Wednesday, one-point-004 million eco-friendly vehicles were registered as of the end of July, taking up four-point-one percent of overall registered vehicles in South Korea.
Although the proportion is not that high, demand for such vehicles is accelerating, with 820-thousand-329 registered as of the end of last year, compared to 140-thousand-297 tallied in 2014.
Hybrid cars took up 80-point-four percent of all eco-friendly vehicles, followed by electric cars at 18 percent, then hydrogen-powered cars at one-point-six percent.
Hyundai Motor had the largest market share at 44-point-six percent, followed by Kia Motors with 20-point-three percent, and Tesla with 14-point-eight percent.
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