The Korea Herald

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[Monitor] Korea aims to see over 1M EVs by 2025

By Korea Herald

Published : Nov. 2, 2020 - 11:01

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The Korean government on Friday announced the national strategy for future automobile proliferation and market domination, at Hyundai Motor’s factory in Ulsan.

With Deputy Prime Minister Hong Nam-ki and officials from the Ministries of Trade, Environment, Transport in attendance, President Moon Jae-in pledged innovation in convenience, price and demand for future automobiles, aiming for 1.13 million electric vehicles and 200,000 hydrogen vehicles on the road by 2025.

(khnews@heraldcorp.com)