South Korea Full Year 2017

IONIQ and the rest 

The headlining news is the disruptive effect that the Hyundai Ioniq Electric is having, winnin for the secon time in a row the Best Seller status,with nearly 8.000 registrations, helping to pull the market in 2017 to over 14.000 units, almost tripling sales regarding 2016, with the PEV share hitting a record 0.9%, up from 0.4% in the previous year and only 0.2% in 2015.

Despite recent production increases the aforementioned Hyundai model, it is said to be still production constrained, so registrations can only go up, which added to the arrival of the Hyundai Kona BEV and Kia Niro BEV, sales are expected to shoot even higher, will we se this market reach 3% share in 2018?

The remaining models are also seeing their sales increase, with the Kia Soul EV recovering the runner-up status, all while doubling its previous best (954 units, in '15).

Despite dropping to Third, the Samsung SM3 ZE also has reasons to smile about, as sales also doubled regarding its previous best (1.043 units in 2015).

Outside the podium there was an intriguing event, with the Twizy having a thunderous December (Fleet deal?), allowing it to surpass the production constrained Chevrolet Bolt.

Pl	Model	2017
1	Hyundai Ioniq Electric	7.842
2	Kia Soul EV	2.161
3 4 5	Ren. Samsung SM3 ZE Ren. Samsung Twizy Chevrolet Bolt Others	2.014 691 588 930
	TOTAL	14.226

I will take a few deserved days off, but EV Sales will keep having new articles, namely regarding Fast Charging, Batteries and a couple of other juicy topics.

See you soon!