South Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers' global market share to 12 per cent by 2030 and to be a global car industry powerhouse, the industry ministry said on Wednesday.For .
Korea seeks to significantly boost production of electric vehicles to more than double domestic carmakers global market share to 12 percent by 2030 and to be a global car industry powerhouse, the industry ministry said Wednesday.
ANN/ THE KOREA HERALD – South Korea’s policymakers yesterday unveiled their goal of taking up 12 per cent of the global auto market and expanding the country’s capacity in manufacturing electric vehicles (EV) with 3.3 million units a year, expressing its confidence in tackling concerns over United States’ (US) inflation reduction bill. Setting a target […]
Korean President Yoon Suk-yeol and U.S. President Joe Biden have reaffirmed their commitment to resolving issues and concerns from the Inflation Reduction Act (IRA), Seoul s top diplomat in the U.S. said Monday.