Reports say Japan will introduce a tax credit of KRW 3.3 million per EV produced. South Korea, meanwhile, is said not to be introducing a similar credit.
Reports say the Japanese government has announced a policy to apply a tax credit of KRW 3.3 million per EV produced.
The credit is expected to be recorded as a tax credit for each EV, although the article does not specify when it will be introduced or provide details of which vehicles will be eligible.
Reports say South Korea will not introduce a similar tax credit, highlighting a gap between the automotive production support policies of Japan and South Korea.