South Korea to Extend Financial Assistance to Auto Parts Makers
2025-11-14 / Read about 0 minute
Author:小编   

In light of the tariff pressures exerted by the United States, South Korea has decided to offer financial support to its auto parts manufacturers. Additionally, the country intends to boost subsidies for electric passenger vehicles by 20% by the year 2026, with the total subsidy amount reaching 936 billion won.