South Korea Seeks Grace Period to New EV Credit Rules
South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
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South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.
The president reaffirmed his understanding and willingness to cooperate with South Korea’s concerns.