Eco-friendly vehicle registrations in S. Korea surpass 3 mln
Eco-friendly vehicle registrations in South Korea have surpassed the 3-million mark for the first time, driven by rising demand for hybrid and electric vehicles (EVs), government data showed Monday, Yonhap reports.
According to the data from the transport ministry, the cumulative number of registered vehicles nationwide stood at 26.41 million as of the end of June, up 110,000, or 0.4 percent, from the end of last year.
By fuel type, gasoline vehicles stood at 12.42 million, followed by diesel at 8.85 million and liquefied petroleum gas (LPG) vehicles at 1.85 million. Eco-friendly cars, including hybrids, EVs and hydrogen-powered models, totaled 3.11 million, up 13.1 percent from a year ago.
In contrast to the growth of eco-friendly car registrations, the number for internal combustion engine vehicles declined by 249,000 units to 23.12 million.
Of the total vehicles, domestic brands accounted for 22.82 million units, or 86.4 percent, while imported vehicles stood at 3.59 million, or 13.6 percent. The share of domestic cars declined by 0.1 percentage point from the end of last year.
Earlier, it was reported the number of foreigners in South Korea hits a record high of 2.73 million in June.