South Korea to increase e-mobility subsidy budget for 2020
Amount to be used to provide subsidies for buying eco-friendly vehicles and for setting more charging stations
South Korean Government is planning to allocate KRW950 billion (USD821 million) towards electromobility activities in South Korea, which is a growth of 54% as compared to allocation in 2019, Yonhap News Agency reported on 3 January citing Ministry of Trade, Industry and Energy.
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