South Korea will announce their 2025 budget next week.
News on the supply chain fund must be very close.
They are doubling down on EVs.
20 August 2024
“The government and ruling party on Tuesday said they plan to allocate over 5.5 trillion won ($4.14 billion) for measures to improve people’s livelihoods here, including … subsidies for electric vehicle users.
The officials also rolled out measures to achieve a greener society.
They plan to boost electric vehicle use in the country by agreeing to double subsidies for EV purchases to 6 million won for families with two or more children.”
https://m.koreaherald.com/view.php?ud=20240820050541
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