Sales of imported vehicles in South Korea surged by nearly 30% in October, driven primarily by robust demand for electric vehicles. The sharp increase reflects growing consumer interest in environmentally friendly alternatives amid shifting automotive trends. Analysts attribute the rise to both global supply constraints on domestic models and aggressive promotions by foreign automakers. With EV adoption accelerating, the market shift could reshape South Korea’s automotive landscape in the coming years.
Imported vehicle sales jump 29.3% in Oct. on strong EV demand The Korea Times
