Tesla helping boost EV sales in South Korea

May 31, 2020

The recent increase in sales of Teslas in the South Korean market has sparked a new interest for Tesla. Recently Tesla had some issues entering the South Korean domain due to troubles in not receiving a ~£20,000.00 grant per vehicle accessible for other electric vehicle manufactures. 


The reason for the ineligibility was that electric vehicles had to fully charge in under ten hours using a standard outlet. This would give an advantage to those vehicles with a smaller range and battery size, ultimately running Tesla out of the race. 


Last year Tesla released its Model 3 to the South Korean market at around £20,000.00, including incentives. This new advancement into the new market has pushed Tesla to be a new and powerful force in the EV market.


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