Preferred purchase price of electric vehicles South Korea 2024

Published by
Jang Seob Yoon,
Mar 28, 2024
According to a survey conducted in South Korea during February 2024, approximately 63 percent of respondents said that they preferred a price range between 30 to 50 million South Korean won for an electric vehicle (EV). About 14 percent were willing to pay in excess of this range.

Preferred purchase price of electric vehicles (EVs) in South Korea as of February 2024

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Release date

February 2024

Region

South Korea

Survey time period

February 6 to 26, 2024

Number of respondents

4,129 respondents willing to purchase an EV

Age group

19 years and older

Supplementary notes

Figures have been rounded.

1,000 South Korean won equals 0.75 U.S. dollars or 0.69 euros as of March 2024.

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