Korea will provide additional EV subsidies for young buyers with exemption from certain taxes until 2026.
Corporate players and the government must brace for tougher game play.
Korea underestimated China’s cost-effective products simply as the “mistake of the continent.”
A North Korean car importer has been spotted importing and selling electric vehicles, according to a YouTube channel reporting on North Korea.
Dark clouds are gathering over the EV market.
Electrifying Korean roads may become more difficult, with the growth of EV sales slowing down due to dwindling tax credits and a lack of charging infrastructure.
Samsung SDI has completed the construction of its pilot plant for solid-state batteries and is set to produce a prototype in the second half of the year.
Robots will now be used to charge electric vehicles (EVs) in Seoul, the Seoul Metropolitan Government announced on Tuesday.
Korea JoongAng Daily Sitemap
