Chinese EVs Gain Popularity in South Korea, Face Skepticism in Japan
Chinese electric vehicle makers like BYD are gaining market share in South Korea by offering competitively priced models and expanding dealership networks. BYD sold over 20,000 vehicles in South Korea in the first nine months of the year, surpassing Toyota and Lexus combined. In contrast, Japan remains a tougher market due to low EV adoption, preference for hybrids, and skepticism toward Chinese brands.
Economic Times·


