[TechWeb] News on May 20, according to foreign media reports, in the wave of developing electric vehicles, Hyundai and Kia brands under South Korea’s Hyundai Motor Group are also investing heavily.
They have launched a variety of electric vehicles, in addition to supplying Korean consumers, they are also exporting large quantities to markets such as the United States.
A considerable part of the electric vehicles exported by South Korea are exported to the U.S. market, and the first quarter of this year was no exception.
Foreign media quoted data from the Korea Automobile Industry Association as saying that South Korea exported 81,631 electric vehicles in the first quarter, of which 36,556 were exported to the United States.
That is, 44.
8% of the electric vehicles exported in the first quarter were exported to the United States.
market.
According to foreign media reports, South Korea began exporting electric vehicles to the United States in 2014, exporting 622 vehicles that year.
The steady increase in subsequent years reached 11,790 vehicles in 2019, exceeding 10,000 vehicles for the first time.
The increase will continue in subsequent years, reaching 68,923 vehicles in 2022.
Last year, it further increased to 121,876 vehicles, exceeding the 100,000 vehicle mark for the first time.
Among the electric vehicles imported by the United States, South Korea’s electric vehicles account for a considerable proportion.
The proportion was 17.
6% in 2014, 15.
5% in 2019, and 31.
3% in 2022.
Last year, the proportion was 35.
1%, more than one-third.
In fact, not only does South Korea export nearly half of its electric vehicles to the U.S. market, a considerable proportion of the cars exported by South Korea are also exported to the United States.
Foreign media mentioned in the report that of the 688,607 vehicles exported by South Korea in the first quarter of this year, 356,131 vehicles were exported to the U.S. market, accounting for 51.
7% of the export volume.
In the five years since 2019, 30% to 40% of South Korea’s cars have been exported to the United States.
(Hailan), return to the first electric network home page>,.
