South Korea’s EV Exports to U.S. Collapse as Tariffs and Subsidy Cuts Bite

SEOUL, Feb. 4 (Korea Bizwire) – South Korea’s electric vehicle (EV) exports to the United States plunged nearly 90 percent last year, hit by Washington’s auto tariffs and the rollback of subsidies under the administration of U.S. President Donald Trump, industry data showed Wednesday. According to the data from the Korea Automobile & Mobility Association, [...]