08
Feb
06:15
South Korea launches new EV subsidy plan
South Korea’s environment ministry has released new guidelines for EV purchase subsidies this year. The government will only provide subsidies for vehicles with a basic unit price lower than KRW 85 million ($64,008).
EVs purchased this year with a unit purchase price of less than KRW 55 million can receive as much as KRW 6.5 million in national subsidy. That is KRW 2m reduction in the maximum subsidy, compared to last year.
According to data released …
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Anonymous
Very good overview of the weekly steel market.
Anonymous