South Korea Electric Car Market Growth, Size, Share, Industry Report and Forecast 2019-2025

1. Orion Market Research South Korea Electric Car Market, Size, Share, Analysis Report & Forecast to 2025 Request a Free Sample of our South Korea Electric Car Market: https://www.omrglobal.com/request- sample/south-korea-electric-car-market Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

2. South Korea electric car market is forecast to show an exponential growth rate in a couple of years. Supportive government regulations is one of the major factors driving the growth of the market in the country. The government has an aim to reach 200,000 electric vehicles by the end of 2020. During 2012- 2019, around, 113,000 electric vehicles were added to the country’s fleet and a projected nearly 95,000 vehicle has to be added in 2020. It will include 65,000 regular EV, 11,000 two-wheelers, 7,500 electric trucks, and 650 electric buses. For this, around $946.5 million has been allocated as subsidies for EV and charging infrastructure. The country also has the aim to sell 33% electric and hydrogen-based vehicles of all vehicles by 2030. A https://www.omrglobal.com/industry-reports/south-korea-electric-car-market full Report of South Korea Electric Car Market is Available at: South Korea electric car market is segmented on the basis of vehicle type, propulsion technology, and battery type. On the basis of vehicle type, the market is segmented into hatchback, sedan, and SUV. Hyundai Kona Electric, Kia Niro EV, Chevrolet Bolt EV, Renault Samsung Twizy, Hyundai IONIQ Electric are some of the major vehicles sold in the country. Tesla modes have been introduced in the country, however, due to some hurdles Model S and X are not available with the government subsidy. By propulsion technology, the market is segmented into battery-electric cars, plug-in hybrid electric cars, and fuel cell electric cars. Battery-electric cars are expected to show considerable growth in the country. By battery type, the market is further sub-segmented into NiMH, Li-Ion, and others. Li-ion batteries vehicle is expected to cover a major market share in the upcoming period. Request a Free Sample of our South Korea Electric Car Market: https://www.omrglobal.com/request- sample/south-korea-electric-car-market South Korea Electric CarMarket Segmentation By Vehicle Type •Sedan •Hatchback •SUV By Propulsion Technology •Battery Electric Car •Plug-in Hybrid Electric Car •Fuel Cell Electric Car By Battery Type •NiMH

3. •Li-Ion •Others Company Profiles •General Motors Co. •Hyundai Motor Co. •Kia Motors Corp. •Nissan Motor Co. •Renault Samsung Motors •Tesla, Inc. For https://www.omrglobal.com/report-customization/south-korea-electric-car-market More Customized Data, Request for Report Customization @ About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803040404