South Korea Throws Down the Gauntlet: New EV Subsidies Favor Hyundai and Kia
South Korea boosts its EV subsidies with new policies favoring domestic brands like Hyundai and Kia, aiming to counter the growing influence of Chinese EV manufacturers.
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#South Korea EV subsidies
2 stories
Hyundai & Kia Get a HUGE Boost: South Korea's Dropping Major EV Support!
Hyundai and Kia are getting a massive lift as the South Korean government pledges to boost EV subsidies by 20% and inject $10.3 billion into the auto industry, aiming to counter U.S. tariffs and drive a swift transition to electric and autonomous vehicles.
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