Electric Vehicle Market Archives

Electric Vehicle Market Grows Sharply, but Regional Gaps Widen

SEOUL, Dec. 4 (Korea Bizwire) — Global electric-vehicle registrations topped 17 million in the first ten months of 2025, rising 25.5 percent from a year earlier despite widening divergences in regional demand and policy environments, according to new data released Wednesday by market research firm SNE Research. Worldwide EV sales — including plug-in hybrids — reached [...]

Kia’s EV3 Surges to Top of South Korea’s Electric Vehicle Market

SEOUL, March 23 (Korea Bizwire) — Kia’s compact electric SUV, the EV3, has quickly become a dominant force in South Korea’s electric vehicle market, securing the top sales position this year and demonstrating broad appeal across age groups. According to industry data released Sunday, Kia sold 429 units of the EV3 in January and 2,257 in [...]