USD
GBP 
CNY 
EUR 
INR 
JPY 
MYR 
ZAR 
KRW 
THB 
Regulatory Impact on the Electric Vehicle Market in South Korea
Major Chinese OEMs Perceive the Country as a Potential EV Market
26-Jul-2016
Asia Pacific
Market Research
P92A-01-00-00-00
AU01324-AP-MR_18800
The study focuses on the evolution of electric vehicles and emerging trends in the South Korean market. The increasing share of diesel cars is one of the key reasons limiting electric vehicle market growth. The stringent emission norms are also being met with by diesel vehicles that are also cheaper than electric vehicles. The biggest challenge that prevails in the industry is that local Original Equipment Manufacturers (OEMs) are focusing on the export market more than the local market. This is mainly due to various factors such as high costs, lack of infrastructure, and adoption of diesel cars. OEMs are able to meet stringent emission norms due to implementation of small-sized diesel engines.
Key Findings
Market Engineering Measurements
Estimated Sales by Vehicle Type—HEV, BEV, and PHEV
EV Incentives—South Korea
EV Sales 2015
Specification of EV Charging Infrastructure and Plug types
Research Scope
Research Aim and Objectives
Electric Vehicle Segmentation
Hybrid Electric Vehicle Market—South Korea
Market Highlight
Implementation of Emissions Standards for Gasoline Light Duty Vehicles (LDVs)
Motor Vehicle Emission Regulations—South Korea
Diesel Emission Standards—South Korea
Light Vehicle Emission Regulations Roadmap—South Korea
South Korean Fuel Economy and GHG Standards for LDVs
GHG Credits and Incentives
EV Incentives—South Korea
Market Engineering Measurements
Estimated Sales by Vehicle Type—HEV, BEV, and PHEV
EV Sales 2015
Electric Vehicle Adoption – South Korea
Electric Powertrain Payback Period Analysis for South Korea
Model Launch Roadmap of Key OEMs—South Korea
Likely Future EV Model Launches in South Korea
PHEV Sales by Region
BEV Sales by Region
EV Sales Forecast by Top OEMs
Unit Shipment Forecast for Total Electric Vehicle Market
Scenario Analysis for Total Electric Vehicle Market
Top 5 Selling Electric Vehicle Models in 2015
Global Fuel Cell Vehicle Outlook
Fuel Cell Passenger Cars—Expected Model Launches
EV Supply Chain—South Korea
Specification of EV Charging Infrastructure and Plug Types
EV Direct Current (DC) Charging Connectors
Charging Infrastructure—South Korea
Key Conclusions and Future Outlook
Legal Disclaimer
Market Engineering Methodology
List of Figures
- 1. EV Market: EV Incentives, South Korea, 2015
- 2. EV Market: Specification of EV Charging Infrastructure, South Korea, 2015
- 3. EV Market: Classification of PHEVs and EVs, South Korea, 2015
- 4. EV Market: Key Trends, South Korea, 2015
- 5. EV Market: Market Highlights, South Korea, 2015
- 6. EV Market: Motor Vehicle Emission Regulations, South Korea, 2015–2025
- 7. EV Market: Motor Vehicles Emission Regulations, South Korea, 2015
- 8. EV Market: Emission Regulations Framework and Standards, South Korea, 2015
- 9. Trends in Fuel Economy Standards, South Korea, 2006–2020
- 10. EV Market: GHG Credits and Incentives, South Korea, 2015–2020
- 11. EV Market: EV Incentives, South Korea, 2015
- 12. EV Market: Market Engineering Measurements, South Korea, 2015
- 13. EV Market: Payback Period Analysis, South Korea, 2015
- 14. EV Market: PHEV and BEV Launch Roadmap, South Korea, 2013–2016 onwards
- 15. EV Market: Model Launches, South Korea, 2017-2019
- 16. Fuel Cell Passenger Car Market: Expected Model Launches by OEM, Global, 2015–2020
- 17. EV Market: Specification of EV Charging Infrastructure, South Korea, 2015
- 18. EV Market: Acceptable DC Charging Standards, South Korea, 2015
- 19. EV Market: Key Conclusions and Future Outlook, South Korea, 2015–2022
List of Charts
- 1. EV Market: Key Takeaways, South Korea, 2015
- 2. EV Market: Market Engineering Measurements, South Korea, 2015
- 3. HEV and EV Market: Unit Shipment by Type, South Korea, North America, Japan, Europe and China, 2022
- 4. Total EV Market: Sales by Country, Global, 2015
- 5. Total EV Market: Per Cent Sales Breakdown by Region, Global, 2015
- 6. Total EV Market: Per Cent Sales Breakdown by EV Type, Global, 2015
- 7. EV Market: Timeline for Implementation of Nationwide Emission Standards for Gasoline LDVs, Global, 2007–2019
- 8. EV Market: Fuel Economy Standards, South Korea, 2003–2020
- 9. HEV and EV Market: Unit Shipment by Type, South Korea, North America, Japan, Europe and China, 2022
- 10. Total EV Market: Sales by Country, Global, 2015
- 11. Total EV Market: Per Cent Sales Breakdown by Region, Global, 2015
- 12. Total EV Market: Per Cent Sales Breakdown by EV Type, Global, 2015
- 13. Total PHEV Market: Estimated Unit Sales, Global, 2015–2022
- 14. Total BEV Market: Estimated Unit Sales, Global, 2015–2022
- 15. EV Market: Unit Shipment Forecast by Top OEMs, South Korea, 2015 and 2022
- 16. EV Market: Unit Shipment Forecast, South Korea, 2015-2022
- 17. EV Market: Scenario Analysis of Hybrid Electric Vehicle Sales, South Korea, 2015–2022
- 18. EV Market: Top 5 Five Selling Models, South Korea, 2015
- 19. Fuel Cell Passenger Car Market: FCV Unit Sales Forecast, Global, 2015–2020
- 20. EV Market: EV Supply Chain, South Korea, 2015–2020
- 21. EV Market: Market Trends, South Korea, 2009–2015
- 22. EV Market: Charging Station Type, South Korea, 2015
- 23. EV Market: Charging Infrastructure Split by Ownership, South Korea, 2022
- 24. EV Market: Charging Station Type, South Korea, 2022
Speak directly with our analytics experts for tailored recommendations.
Recent related Automotive research
23 Oct 2026 | Global | Technology Research
Growth Opportunities in Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores
The Mobility Technology Opportunity Engine (TOE) covers innovations pertaining to Vision Sensing, Automated Logistics, Drones, Batteries and RISC-V Cores.The purpose of the Mobility Technology TOE is to raise awareness of global technology innovations in self-propelled ground-based mobile platforms ...
16 Oct 2026 | Global | Market Research
Via Transportation: Strategic Profile, Global, 2026
Via Transportation, Inc. (Via) is a leading business-to-business (B2B) transit software and tech-enabled operations company. The company’s platform serves five segments of the global demand-response transit (DRT) market: microtransit, paratransit, school transport, corporate/campus transport, and no...
15 Oct 2026 | Asia Pacific | Market Outlook
Automotive Market Opportunities, South Korea, 2026
This Frost & Sullivan report analyzes South Korea’s automotive market, focusing on passenger vehicles and light commercial vehicles.South Korea has built a fully integrated supply chain, covering everything from manufacturing to sales and aftermarket services. The entire business cycle is continuous...
15 Oct 2026 | Asia Pacific | Market Research
Replacement Turbocharger Aftermarket in Passenger and Light Commercial Vehicles, China, 2026–2032
This study provides a comprehensive assessment of the automotive turbocharger replacement aftermarket in China, with a 2025 base year and forecasts extending through 2032. The analysis covers the replacement market across passenger vehicles and light commercial vehicles, evaluating market size, unit...
13 Oct 2026 | North America | Frost Radar
Frost Radar™: Commercial Vehicle Telematics in North America, 2026
The North American commercial vehicle telematics market is moving from basic vehicle tracking and compliance to broader digital fleet management, creating a more competitive but also more diverse growth environment. Traditional telematics functions, such as GPS tracking, remain important, particular...
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.