South Korea will provide financial support to auto parts manufacturers to help them cope with U.S. tariffs. South Korea plans to increase subsidies for electric passenger vehicles by 20% to 936 billion won by 2026.

2025-11-14

South Korea will provide financial support to auto parts manufacturers to help them cope with U.S. tariffs. South Korea plans to increase subsidies for electric passenger vehicles by 20% to 936 billion won by 2026.