Sector Regulation Sector Regulation

EV tax-credit criteria under US Inflation Reduction Act should be relaxed, South Korea says

By Wooyoung Lee
  • 08 Nov 2022 04:19
  • 08 Nov 2022 04:46
South Korea is calling on the US to relax requirements for electric-vehicle tax credits included in the landmark Inflation Reduction Act, or IRA, to ensure that South Korean-made electric vehicles qualify for EV subsidies in the US.

In comments delivered to the US Treasury last Friday, South Korea said its automakers, auto-part makers

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments


Latest News