Policy3 dSeptember 18, 2026, 09:59

Lawmakers Call for Urgent EV Production Tax Credits

At a South Korean National Assembly seminar on September 18, lawmakers and experts urged urgent support for local EV production amid an influx of cheap Chinese EVs. Proposals include production tax credits, R&D support, supply chains, and charging infrastructure.

Businesskorea Open source

Lawmakers Call for Urgent EV Production Tax Credits

Seminar held September 18 in Seoul by Mobility Forum
Chinese EVs in Korea face only 8% base tariff
US imposes up to 127.5% tariffs, EU up to 45.3% on Chinese EVs
Lawmaker Yoon Han Hong introduced tax law amendments in August

#KAMA

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