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[Monitor] Korea aims to see over 1M EVs by 2025

The Korean government on Friday announced the national strategy for future automobile proliferation and market domination, at Hyundai Motor’s factory in Ulsan.

With Deputy Prime Minister Hong Nam-ki and officials from the Ministries of Trade, Environment, Transport in attendance, President Moon Jae-in pledged innovation in convenience, price and demand for future automobiles, aiming for 1.13 million electric vehicles and 200,000 hydrogen vehicles on the road by 2025.

(khnews@heraldcorp.com)
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