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Hyundai, Kia Achieve Record Exports of Eco-Friendly Vehicles in 2024

Written: 2025-01-14 10:52:26Updated: 2025-01-14 15:32:35

Hyundai, Kia Achieve Record Exports of Eco-Friendly Vehicles in 2024

Photo : YONHAP News

Hyundai Motor and its affiliate Kia Corporation achieved record exports of eco-friendly vehicles last year.

According to tentative data from the two South Korean automakers on Tuesday, they sold 707-thousand-853 eco-friendly cars in the global market in 2024, up three percent from a year earlier. 

That’s the largest figure to date for eco-friendly vehicles, which include electric vehicles(EVs), hybrid EVs and fuel cell EVs.

Exports of hybrid EVs jumped 44-point-six percent from a year earlier to 397-thousand-200 units last year, accounting for 56 percent of all exports of eco-friendly vehicles. 

The two automakers’ overall exports came to two-point-18 million units worth 53-point-36 billion dollars last year, a slight decrease from the previous year.

The dollar amount accounts for seven-point-eight percent of all South Korean exports last year.

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