Willingness to pay for an electric car South Korea 2024, by age group
Around 28.51 percent of respondents aged between 16 and 24 years in a survey conducted by Rakuten Insight in 2024 stated that they were willing to pay the same price as a conventional car to purchase an electric car. Other age groups had a similar opinion, though about a quarter of respondents aged 55 and older answered that they were willing to pay up to 10 percent higher than a conventional car.