2024 Share of New Vehicle Purchases by Fuel..Gasoline, hybrid, electric vehicles in order
Apr 07, 2025
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In the 24th annual automobile planning survey, automobile research company Consumer Insights surveyed consumers who purchased new cars on "what fuel types of cars purchased" and "what fuel types of vehicles that were not purchased after comparing to the last." Based on this, the competitive structure between fuel types considered by consumers to the final stage was compared with "20 years" and 22 years.
When looking at the sales volume by fuel type in 24, gasoline (47.3%) was the highest. It was followed by hybrids (35.3%) and electricity (8.6%). Compared to 20 years ago, the share of gasoline (57.0% → 47.3%), diesel (23.8% → 4.4%), and LPG (6.2% → 4.3%) decreased significantly, while eco-friendly hybrids (10.6% → 35.3%) and electric vehicles (2.1% → 8.6%) made clear progress.
Diesel disappeared from major competition due to the impact of environmental regulations and LPG's market share continued to decline due to the limited number of models.
The 'gasoline-hybrid' was the largest competition among fuel types at 15.3%. This means that 15 out of 100 new car buyers chose one of the gasoline and hybrid models after making the final comparison. The competition in 20 years was 8.2%, far behind Gasoline-Diesel (16%), but it ranked first in 22 years (12.6%) and widened the gap in 24 years (15.3%).
Next came 'gasoline-diesel' (6.4%), 'gasoline-electric' (5.6%), 'hybrid-electric' (3.1%), and 'hybrid-diesel' (1.9%). Among them, 'gasoline-electricity' surged from 1.1% in 20 years to 5.6% in 24 years. Considering the trend of increase and decrease, it seems only a matter of time to reverse the 'Gasoline-Diesel' (6.4%).
Another point to note is that in '24, both hybrid and electric vehicles secured an edge in the competition with gasoline. In other words, the percentage of choosing eco-friendly cars has increased when comparing gasoline and eco-friendly cars in the final stage of purchase.
Over the past four years, the hybrid's position has grown steadily. Although it was recognized to be in charge of the transition from internal combustion engines to electric vehicles, it has emerged as a clear alternative as the charging infrastructure and safety issues of electric vehicles have emerged.
As a result, it emerged as the No. 1 combination of competition in 2022 (Gasoline-Hybrid), and remained firmly in the No. 1 position in 24. Meanwhile, the fuel type with the biggest rise was electric vehicles. "In 20 years, electric vehicles had little presence outside the top five in the competition, but they rose to third place in just four years."
Consumer Insights said, "It is unclear whether these changes will lead to a trend," adding, "The market's demand is not clearly supported as much as the competitive structure." They say there are still many challenges to be solved, such as charging (expanding infrastructure, increasing rates), quality and safety.
Editor Kim Tae-jin, tj.kim@carguy.kr
This article was translated by Naver AI translator.
