Tesla Model Y leads South Korea’s EV growth in 2025
South Korea’s electric vehicle market saw a notable rise in 2025, with registrations rising more than 50% and EV penetration surpassing 10% for the first time.
Data from the Korea Automobile and Mobility Industry Association showed that the Tesla Model Y, which is imported from Gigafactory Shanghai, emerged as one of the segment’s single biggest growth drivers, as noted in a report from IT Home News.
As per the Korea Automobile and Mobility Industry Association’s (KAMA) 2025 Korea Domestic Electric Vehicle Market Settlement report, South Korea registered 220,177 new electric vehicles in 2025, a 50.1% year-over-year increase. EV penetration also reached 13.1% in the country, entering double digits for the first time.
BREAKING: 2025 KOREA EV MARKET HITS RECORD 220K UNITS – $TSLA MODEL Y DRIVES IMPORT SHARE TO 42.8%
• Korea’s battery electric vehicle (BEV) registrations surged 50.1% YoY to 220,177 units in 2025 – the highest annual total on record
• EV penetration rate (share of new car… pic.twitter.com/fp9nu1Q4Lt— Tsla Archive (@tesla_archive) January 20, 2026
The Tesla Model Y played a central role in the market’s growth. The Model Y alone sold 50,397 units during the year, capturing 26.6% of South Korea’s pure electric passenger vehicle market. Sales of the Giga Shanghai-built Model Y increased 169.2% compared with 2024, driven largely by strong demand for the all-electric crossover’s revamped version.
Manufacturer performance reflected a tightly contested market. Kia led with 60,609 EV sales, followed closely by Tesla at 59,893 units and Hyundai at 55,461 units. Together, the three brands accounted for nearly 80% of the country’s total EV sales, forming what KAMA described as a three-way competitive market.
Imported EVs gained ground in South Korea in 2025, reaching a market share of 42.8%, while the share of domestically produced EVs declined from 75% in 2022 to 57.2% last year. Sales of China-made EVs more than doubled year over year to 74,728 units, supported in no small part by Tesla and its Model Y.
The post Tesla Model Y leads South Korea’s EV growth in 2025 appeared first on TESLARATI.
Source: https://www.teslarati.com/tesla-model-y-leads-south-koreas-ev-growth-in-2025/
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