Main incentives that would motivate consumers to buy an electric car in South Korea as of June 2026, by age group

According to a survey conducted by Rakuten Insight in June 2026, around ** percent of South Korean consumers aged between 35 and 44 years said that tax rebates and subsidies on electric car purchases would motivate them to buy an electric car. Only ** percent of the same age group from South Korean respondents said that a special insurance plan for electric cars would help to motivate their purchase.