trains in the world To reduce the increasing pollution, emphasis is being laid on adopting electric vehicles. However, people in many countries are becoming disillusioned with it in a very short period of time. According to the market report released on Friday, sales of electrical vehicles in South Korea declined by 25 percent in the first quarter, while sales of gasoline hybrid models increased by 46 percent.
decline for the first time
“Electric vehicle registrations fell from 34,186 to 25,550 between January and March compared to the same quarter last year,” Carles U said in a statement. The statement further said, “This is the first time that a sharp decline has been recorded in the sales of electric vehicles.” In contrast, gasoline hybrid vehicle sales rose to 99,832 units in the first quarter from 68,249 units a year earlier. However, sales of gasoline-powered vehicles fell 19 percent to 196,472 units in the March quarter from 241,742 units a year earlier.
Demand for diesel cars also decreased
At the same time, there has also been a decline in the sales of diesel cars. Diesel car sales declined by 56 percent. Industry experts have said that due to high prices, electric vehicle sales will remain sluggish throughout the year.
Input: IANS
Latest Business News