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08 Jan
09:32

South Korea increases support to electric, hydrogen vehicles

South Korea is to increase its investments in the development of electric and hydrogen vehicles by 32% during 2021, Kallanish learns from the country’s finance ministry on Friday. The country will provide increased financial support for the non-memory chip, bio-health and next-generation vehicle sectors, dubbed the “Big 3”. A ministry statement highlights the growing sales figures of EVs in South Korea and adds the government will “help sei…
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