Tesla Tops Imported Car Sales in S. Korea for 7th Straight Month in August
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(Seoul = Yonhap News) Reporter Hong Kyu-bin = U.S. electric vehicle manufacturer Tesla has ranked first in sales in the imported car market for seven consecutive months.
It was found that half of the top 10 best-selling imported car models in Korea in August were made in China. Tesla maintained monthly sales of 10,000 units for six consecutive months, while BYD simultaneously targeted the electric vehicle and hybrid markets, recording 9th place in sales rankings in a short period of time by leading with its new plug-in hybrid model.
Tesla tops imported car sales in S. Korea for 7th straight month in August
SEOUL, Sept. 3 (Yonhap) — U.S. electric vehicle (EV) maker Tesla was the bestselling imported passenger car brand in South Korea for the seventh consecutive month in August, industry data showed Thursday. According to the Korea Automobile Importers & Distributors Association (KAIDA), 29,817 imported passenger cars were newly registered last month, up 9.2 percent from [...]
[Digital Daily Reporter Yoon Seo-yeon] Tesla and BYD are shaking up the landscape of the domestic imported car market. Last month alone, the two brands sold over 13,000 vehicles, accounting for nearly half of all new registrations of imported passenger cars. With the share of electric vehicles also exceeding 50%, the center of gravity of the imported car market appears to be rapidly shifting toward electrified models. According to the Korea Aut…
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