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Hyundai Motor’s Ioniq 5 electric vehicle model / Courtesy of Hyundai Motor
Eco-friendly cars accounted for one-third of all new vehicle purchases made in the first nine months of 2023, government and industry data showed Thursday.
According to data from the transportation ministry and the Korea Automobile Manufacturers Association, the rate of car purchasers who bought eco-friendly models, including hybrid and electric units, between January and September stood at 32.1 percent out of all new vehicle customers.
It marked the first time for the rate of new eco-friendly models to exceed 30 percent annually. The rate stood at 20.4 percent in 2021 and jumped to 28.5 percent in 2022.
The rate of eco-friendly models for commercial vehicles, such as cargo trucks and buses, was tallied at 19.4 percent, up from 16.3 percent in 2022, data showed. (Yonhap)
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