Wednesday, November 27, 2019

South Korea October 2019

Resultado de imagem para Hyundai kona EV korea"

Hyundai Kona EV rules in Korea 

The South Korean market is cooling down, with the last three months witnessing YoY drops, hurting the YTD growth, now at just 10% YoY, with the PEV share dropping from the record 2.3% of July, to the current 2%.

Looking at the models ranking, the Hyundai Kona EV extended its lead over the competition, doubling the sales of the #2 Kia Niro EV.

The Chevrolet Bolt assured the 3rd spot, winning precious ground over the Hyundai Ioniq Electric and the tiny Samsung Twizy, with Hyundai's hatchback profiting from the recent upgrade to surpass the Franco-Korean model.

A final mention to the Hyundai Nexo Fuel Cell model, a model that is seeing its registrations jump six-fold this year, to 3.207 units, making it a success story in Korea, a unique event for a FCEV, allowing the technology to have 0,22% share of the total market, a world best for Fuel Cells.

Pl
Model
Jan.-Oct. 2019
1
Hyundai Kona EV
12.135
2
Kia Niro EV 
6.098
3
4
5

Chevrolet Bolt
Hyundai Ioniq Electric
Samsung Twizy EV
Others
3.013
1.765
1.327
4.061

TOTAL
28.399

7 comments:

  1. Any ideas about the possible cause for the recent drop? A subsidy cut or something else?

    ReplyDelete
    Replies
    1. Waiting for the Tesla Model 3 invasion...? (half kidding / half serious as the first carrier specially chartered to South Korea by Tesla arrived at the end of October and another some weeks ago).

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    2. Model 3 has started to be delivered in November in SK, the question is "how many"?

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    3. Yeah. It appears that Tesla began the deliveries the same day of Cybertruck reveal event: https://ww.electrek.co/2019/11/26/tesla-starts-model-3-deliveries-in-korea-held-special-event-resulting-in-stunning-pictures/.

      Delete
  2. Hi Jose, So no news from Australia or New Zealand?
    Was not the Tesla Model 3 to begin sales soon in these counties or is that next year?

    ReplyDelete
    Replies
    1. https://ev-sales.blogspot.com/2019/09/new-zealand-august-201.html

      Will have to make an Australia post soon, but yes, the Model 3 has landed in both markets, and backlog is being delivered.

      Delete
  3. Production restraints, deliveries to Europe of the korean models... There is a huge backlog with these models and with beginning of 2020 there is new CO2 limits to meet in Europe

    ReplyDelete