The ministry added that it would provide 9.7 trillion won (USD 7.11 billion) in financial aid to support efforts of the country’s EV sector to secure a self-sufficient supply chain.South Korea on Wednesday welcomed a US decision to extend automakers’ eligibility for electric vehicle tax credits for cars containing Chinese graphite through 2026. The US is trying to wean the electric vehicle battery chain away from China through its Inflation…
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South Korea welcomes US decision to extend use of Chinese graphite in EVs, ET Auto
