KMK: Electric Seoul

Lifestyle Tech

More People than Ever Going Electric in Seoul

With the number of motor vehicles owned in South Korea surpassing an eye-watering 24 million in 2020, there has never been a more opportune time for the car industry to innovate and expand. The continued growth and modernization of the country make it increasingly receptive to new ideas, industries and technologies. Restrictive car regulations are being loosened, and the economy continues to grow. When you also consider the current air pollution issues that the country is dealing with, it seems an ideal market for the popularization of modern electric vehicles.

The Benefits Of Going Electric

The benefits of electric vehicles, or EVs for short, are many and varied. Purely in financial terms, they provide a long term saving for you as a car owner. The cost of purchasing one may be roughly similar in range to buying a non-electric car, but the cost of the maintenance of the vehicle works out far cheaper in the long run. This long term view also extends to the environmental concerns which lead so many people to choose EVs nowadays. EVs cause no tailpipe emissions, which therefore means no polluting greenhouse gases. With air pollution being a pressing concern in South Korea, this makes EVs a responsible and valid choice.

The Transition From Petrol Cars To Electric

The range of EVs available to the consumer is no longer limited to a select few models. You can choose fully electric vehicles powered purely by battery, or hybrid cars, which take a small proportion of their power from conventional engines. There are a wide variety of models to complement any lifestyle or geographical demand. Your choices aren’t in any way restricted by the fact that you’ve decided to go for the option of an environmentally green vehicle. The transition from using a petrol-driven car to an electric vehicle may seem like a daunting one, but governments around the world are helping to lay the groundwork for a soft transition for the consumer through widespread information campaigns, incentives and infrastructure improvements.

The number of EVs sold in South Korea continues to rise year by year. The Korean government is aiming to increase the number of EVs and similar vehicles so that it is a third of the market share by 2030. It has introduced government grants and subsidies to encourage the use and upkeep of electric cars. When you also consider that the range and affordability of EVs has increased so considerably in recent years, it’s pretty clear that an electric vehicle is a fun, green and stylishly modern alternative to more conventional personal transport choices.

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