Ruling Party Urges Gov’t to Negotiate with U.S. on EV Tax Credit

SEOUL, Aug. 20 (Korea Bizwire) — The ruling People Power Party (PPP) on Friday called on the government to launch negotiations with the United States to get South Korean-made electric vehicles eligible for tax benefits under the newly legislated Inflation Reduction Act. Rep. Kweon Seong-dong, PPP’s floor leader, said that Korea-made electric cars should enjoy [...]