Business

Hyundai 's March EV Sales in S. Korea Jumps 38% on Year
By Reuters | 01 Apr, 2026

Despite a 2.3% decline in global sales, the Korean auto giant's domestic EV sales of 7,809 was up 38% from last March.

Hyundai Motor sold 7,809 electric vehicles (EVs) in South Korea in March, up 38% from a year earlier, the South Korean automaker said in a regulatory filing on Wednesday.

The jump in EV sales in South Korea contrasted with Hyundai's overall performance. The South Korean automaker said it sold a total of 358,759 vehicles globally in March, down 2.3% from a year earlier, with domestic sales falling 2.0% and overseas sales declining 2.4%.

Hyundai Motor said that in South Korea sales of environmentally friendly vehicles, including hybrid and electric models, reached a record high for a first quarter in the January-March period, with 19,040 EVs and 39,597 hybrids sold.

(Reporting by Heekyong YangEditing by Ed Davies)