KG Mobility sells 9,172 units domestically and internationally in January, down 16% YoY
KG Mobility announced on the 1st that it sold 9,172 units domestically and internationally last month. This is a 16.6% decrease compared to January of last year.
Domestic sales were 3,762 units, down 47.2% from the same period last year. The company explained that this was due to the seasonal off-season and weakened consumer sentiment amid uncertainty over electric vehicle subsidies. However, sales showed signs of recovery, increasing by 7.3% compared to December of last year.
Exports reached 5,410 units, a 39.7% increase over the same period. The Torres electric vehicle (EVX), Rexton Sports&Khann, and other models were sold in large numbers to Turkey, Belgium, New Zealand, Hong Kong, and other markets. Exports surpassed 5,000 units for the first time in four months since September last year. Compared to December of last year, exports nearly doubled.
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The company stated, "Exports led the upward trend as volumes increased compared to the same period last year and the previous month, contributing to the recovery in sales. We will strengthen our response to the domestic market through new model launches as well as intensify our efforts to penetrate overseas markets."
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