Tuesday, May 8, 2018

South Korea Q1 2018

Image result for Hyundai Ioniq Electric in South Korea

IONIQ and the rest 


The South Korean market is on the rise, having reached the 1% PEV share threshold this year, mostly thanks to the Hyundai Ioniq Electric (+131% YoY), and with the Hyundai Kona BEV arriving in a couple of months, expect the share to grow even further, possibly ending at 2% this year, which would be a tremendous feat, given that in 2015, the Plug-in share was only 0.2%...

If this were to happen, would it be much to ask some 20% share by 2021?

The Second Place is far behind the leader, with the Twizy scoring a surprising 450 units, stealing the Silver medal from the hands of the Kia Soul EV, while the Chevrolet Bolt stayed below the podium, no doubt due to GM not providing enough units.


Looking into FCEV's, the Hyundai Nexo landed in March, with 11 units, it will be interesting to follow how this new Fuel Cell model will be accepted by the market, as it is the most appealing FCEV so far. 

Pl
Model
Q1 2018
1
Hyundai Ioniq Electric
2.921
2
Renault Samsung Twizy
450
3
4
5

Kia Soul EV
Chevrolet Bolt
Renault Samsung SM3 ZE
Others
330
165
161
326

TOTAL
4.342

6 comments:

  1. TanstaaflMay 08, 2018

    This is like my morning good news show.
    I start the day hoping to read another market where the PEV sales have risen.
    And most days you provide.

    ReplyDelete
  2. TanstaaflMay 08, 2018

    Renault Samsung reports sm3-ZE as 161 for Q1.
    Difference in counting?

    ReplyDelete
    Replies
    1. No, it was a bug :)

      Now corrected, thanks for the input!

      Delete
  3. Seen the Kia Soul EV as corporate vehicle for KT (Korea Telecom) a few times now. I guess that should spur sales? Also, our apartment building has three charging points in the basement garage, installed maybe over the last half year, hopefully that will spread and spur sales further.

    ReplyDelete
    Replies
    1. I believe company cars will play a decisive role in the electrification process.

      Thanks for the input!

      Delete