• About Us
  • Our Editorial Policy
  • Business Directory
  • Advertise with Us
  • Our Advertisers
  • Contact Us
Australia India News
  • Alluring India - Brisbane Banner
India News Australia
  • Home
  • Current Issue
    Past Issue
  • India News
  • Business
  • World
    World This Week
  • Community News
  • What's On
  • Others
    Yoga in Australia News COVID-19 Community News Naari IPL News Health Travel Entertainment
  • National Events
  • Alluring India 2026
  • Please wait..
Business and Trade news

Eco-friendly cars account for half of new car registrations in S. Korea in H1

  • BY India News Newsdesk
  • July 12, 2026
  • 0 COMMENTS

Seoul, July 12 (IANS) Eco-friendly vehicles accounted for half of new car registrations in South Korea in the first half of this year, driven by a sharp increase in electric vehicle (EV) sales, an auto market tracker said on Sunday.

It marked the first time that eco-friendly vehicles made up more than half of new car registrations during the January-June period, according to the CarIsYou Data Research Center, which cited government data, reports Yonhap news agency.

In the first six months of the year, registrations of eco-friendly vehicles — including battery electric, gasoline hybrid and hydrogen fuel-cell models — totalled 429,163 units, accounting for 50.4 percent of the 851,833 newly registered vehicles, the data showed.

The share of eco-friendly vehicles has risen steadily, from 9.1 percent in 2020 to 25.5 percent in 2023 and 38.5 percent in 2025.

Meanwhile, the share of gasoline-powered vehicles fell to 39 percent in the first half, dropping below the 40 percent mark for the first time since 2016, when the figure stood at 39.9 percent.

Robust EV sales drove the overall increase in eco-friendly vehicle registrations.

EV registrations surged 112.6 percent from a year earlier to 198,969 units in the first half, making EVs the only major power train category to post on-year growth.

“An expanded lineup of new models and the early disbursement of government EV subsidies have helped eco-friendly vehicles become mainstream in the domestic auto market,” an industry official said.

US electric vehicle (EV) maker Tesla was the best-selling imported passenger car brand in South Korea in the first half of this year, capturing 30 per cent of the market.

According to the Korea Automobile Importers & Distributors Association (KAIDA), 184,032 imported passenger cars were newly registered in the January-June period, up 33.2 percent from a year earlier.

Tesla topped the list with 56,139 units, accounting for 30.5 percent of total imports.

Its market share surged from 13.9 percent a year earlier, while sales soared 192 percent, allowing the U.S. EV maker to overtake German luxury brands.

—IANS

na/

Post navigation

Samsung Electronics to bring forward opening of 1st Yongin chip plant to 2029
FIFA WC: ‘We were lucky enough…’ Tuchel not happy with England’s QF performance

Related Post

Q1 earnings, crude oil trends likely to drive Dalal Street next week
July 12, 2026
India’s improving macros, rupee stability contribute significantly to pivot in FPI flows
July 12, 2026
Samsung Electronics to bring forward opening of 1st Yongin chip plant to 2029
July 12, 2026
Maharashtra FDA bars sale of Cadila Pharmaceuticals drugs, seizes Rs 2.45 crore stock
July 12, 2026

Our Current Issue

Australia India News – July 1-15-2026

Alluring India 2026

Our Advertisers

  • Battery Rebate australia
  • Bess Australia Solar Panels
  • Alluring India - Brisbane 2026

Follow Us

  • facebook
  • facebook
  • facebook
  • facebook
INDIA NEWS on YouTube in Australia, bring to our readers and subscribers national and international news, editorials, expert columns, community activities and interviews of political leaders, celebrities, business professionals, academics and sport personalities among others.
  • facebook
  • facebook
  • facebook
  • facebook

Category

  • Accident
  • Adani Australia
  • Advertorial
  • Arts & Culture
  • Ashes 2022
  • Australia

Recent News

  • Five minors stab man to death over...
  • 4.5 magnitude earthquake in Bay of Bengal...

Subscribe Newsletter

Get the latest creative news from india news

  • Privacy Policy
  • Disclaimer
Alluring India 2026