South Korea sets upper price cap for EV subsidies
EVs with prices between KRW60 million and KRW90 million will receive only 50% of the subsidy amount
South Korea has set a cap on the price of an electric vehicle (EV) which are eligible for subsidies, BusinessKorea reported on 4 January.
Thank you for visiting IHS Automotive AutoTechInsight.
*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.
For a free daily listing of headlines with limited access please sign up here.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
