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September 18, 2025Millennial Asia

Can South Korea Meet Its 2030 Automotive Fuel Economy and Greenhouse Gas Targets? Technology Forecasting Using Data Envelopment Analysis

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Authors

SKS. H. KimSLSe-Jin LeeSOSehwan Oh

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Overview

This analysis reveals that achieving South Korea's 2030 fuel economy and greenhouse gas targets is unlikely, suggesting increased electric vehicle adoption is critical.

Key Points

  • Meeting South Korea's 2030 fuel economy and greenhouse gas targets seems unlikely under current trends, indicating a need for policy adjustments.
  • Data envelopment analysis was applied to assess future technological performance of various vehicle types from 2016 to 2024 in Korea.
  • Technologies like plug-in hybrid electric vehicles show consistent improvements, contrasting with minimal changes in gasoline and diesel vehicles.
  • Increasing the electric vehicle market share to at least 50% is essential for South Korea to achieve its 2030 environmental targets.

Cite This Study

Kim et al. (2025) studied this question.

synapsesocial.com/papers/68d462d231b076d99fa62506https://doi.org/10.1177/09763996251367583
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