South Korea: Government confirms EV incentives

The Yonhap news agency reports that the South Korean government will offer up to Won 4.2m (US$3,590) in tax incentives to any buyer of a new electric vehicle. Under the scheme due to come into force on 1 December, a buyer of a new EV will receive a 5% Subscribe to Automotive World to continue … Continued

• By Webmaster
• October 14, 2011