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Environment & Energy

CentralMass

(16,110 posts)

1. Stats on EV sales in Korea

Reply to Caribbeans (Original post)

Mon Sep 16, 2024, 06:21 AM

Sep 2024

https://www.statista.com/outlook/mmo/electric-vehicles/south-korea

"In 2024, the projected revenue in the Electric Vehicles market in South Korea is estimated to reach US$7.9bn.
Looking ahead, the market is expected to demonstrate a steady annual growth rate (CAGR 2024-2029) of 5.49%, resulting in a projected market volume of US$10.4bn by 2029.
It is anticipated that Electric Vehicles market unit sales will reach 174.30k vehicles in 2029.
The volume weighted average price of Electric Vehicles market in South Korea is expected to be US$60.4k in 2024.
On an international scale, it is evident that China will generate the highest revenue in the Electric Vehicles market, amounting to US$376,400m in 2024.
South Korea is experiencing a surge in electric vehicle sales, driven by government incentives and a growing awareness of environmental issues."

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Batteries spark 2 devastating house fires on same day in Portland area [View all] Caribbeans Sep 2024 OP

Stats on EV sales in Korea CentralMass Sep 2024 #1

I want an EV very much. I'll wait for safer batteries. marble falls Sep 2024 #2

My favorite picture of a Tesla. Just wait for 10 year old Tesas to start hitting the market ... marble falls Sep 2024 #3