S. Korea Announces New EV Subsidy Plans After Struggle

SEOUL, Feb. 6 (Korea Bizwire) — The amended plans for electric vehicle (EV) subsidies, normally announced in mid-January by the government, were finally announced last week, likely due to delays caused by negotiations over differentiating subsidy plans between imported and domestic cars. The plan stipulates that subsidies will be provided at a rate of 100 [...]