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15 Aug
12:38

South Korea asks US to ease requirements on EV subsidies

South Korea’s trade ministry has conveyed concerns from its car and battery players to US counterparts regarding the impact the proposed changes to EV subsidies and their ability to compete in the US market. Chang-Yang Lee, minister of trade, industry and energy met representatives of Hyundai Motor, LG Energy Solution, SK On and Samsung SDI last week to discuss the industry’s “concerns and difficulties.” The proposed Inflation Reduction …
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