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Chinese EVs Surge in South Korea, Threatening Local Makers

A total of 69,513 Chinese electric vehicles were newly registered in South Korea in the first half of this year, a 178.7% surge from the same period last year.

  • Chinese EV registrations in South Korea jumped 178.7% in 2024's first half, reaching 69,513 units.
  • BYD's Dolphin compact electric hatchback, priced at 24.5 million won, challenges local brands.

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