Gov’t Eases Eco-Friendly Certification Standards for Large Electric Vehicles

SEOUL, Jan. 13 (Korea Bizwire) — In a move to boost consumer adoption of electric vehicles (EVs), the South Korean government has announced a revision to eco-friendly certification standards, lowering the threshold for large electric passenger cars to qualify for tax incentives. The Ministry of Trade, Industry and Energy (MOTIE) revealed on January 12, 2025, that [...]