"South Korea's electric vehicle market saw a notable rise in 2025, with registrations rising more than 50% and EV penetration surpassing 10% for the first time. Data from the Korea Automobile and Mobility Industry Association showed that the Tesla Model Y, which is imported from Gigafactory Shanghai, emerged as one of the segment's single biggest growth drivers, as noted in a report from IT Home News."
"The Tesla Model Y played a central role in the market's growth. The Model Y alone sold 50,397 units during the year, capturing 26.6% of South Korea's pure electric passenger vehicle market. Sales of the Giga Shanghai-built Model Y increased 169.2% compared with 2024, driven largely by strong demand for the all-electric crossover's revamped version. Kia led with 60,609 EV sales, followed closely by Tesla at 59,893 units and Hyundai at 55,461 units."
South Korea registered 220,177 new electric vehicles in 2025, a 50.1% year-over-year increase, and EV penetration reached 13.1%, entering double digits for the first time. The Tesla Model Y, imported from Gigafactory Shanghai, sold 50,397 units and captured 26.6% of the pure electric passenger vehicle market, with sales up 169.2% from 2024 driven by demand for the revamped model. Manufacturer results were closely contested: Kia sold 60,609 EVs, Tesla 59,893, and Hyundai 55,461, with the three brands accounting for nearly 80% of total EV sales. Imported EVs achieved a 42.8% market share in 2025.
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