South Korea exported nearly 1.5 billion US dollars of environmentally friendly cars in November, an increase of 23 consecutive months compared with the same period last year.
On December 12, according to foreign media reports, Hyundai Motor and Kia, two major brands of Hyundai Motor Group, have made great efforts to develop environmentally friendly vehicles such as electric vehicles, making South Korea an important place for the manufacture and export of new energy vehicles in the world.
According to the latest data released by South Korea's Ministry of Trade, Industry and Energy, exports of environmentally friendly vehicles, including electric vehicles, reached a record high of US $1.49 billion in November, up 20.3% from a year earlier and the 23rd consecutive month of year-on-year growth.
South Korea exported 219489 cars in November, up 25% from a year earlier and a record high, according to the Ministry of Trade, Industry and Energy. The value of exported cars was $5.4 billion, up 31% from a year earlier, the highest increase in the month.
In terms of exports, environmentally friendly cars accounted for 27.6% of South Korea's car exports in November.
With the increasing demand for environmentally friendly vehicles such as electric vehicles, the export volume of relevant South Korean manufacturers is also expected to continue to increase, when the export volume and the proportion of car exports will be even higher.