During Q1 2020, some 4,070 new Tesla cars were registered in South Korea, including 3929 Model 3 (2,415 in March).
According to the latest registration data, Model 3 registrations in March amounted to a record 2,415, which is more than any other imported car, regardless of the powertrain. Interestingly, the stats reveal that South Korea imports mostly German cars:
- Tesla Model 3 2,415
- BMW 5 Series 1,976
- Mercedes-Benz E-Class 1,617
- VW Tiguan 1,022
- Mercedes-Benz GLC 695
- Mercedes-Benz A-Class 681
- Mercedes-Benz CLS 581
- Porsche Panamera 511
- BMW 3 Series 497
- Mercedes-Benz C-Class 490
For comparison, the total number of Model S/Model X was 84.
The Model 3 volume deliveries started in November 2019 (113 units). During the first quarter of 2020, some 3,929 Model 3 were registered.
Model S/X registrations at 141 in the same three-month period indicate that the price difference between the 3 and S/X is crucial in driving the EV adoption to a higher level.
Anyway, we must admit that the 4,070 registrations in South Korea alone during Q1 is a very good result.