INTIEAKorea · Measures to Strengthen the Competitiveness of Eco-friendly Vehicles and Secondary BatteriesPolicyIn force

Measures to Strengthen the Competitiveness of Eco-friendly Vehicles and Secondary Batteries

The Korean government has committed 21 trillion won in 2025 to boost eco-friendly vehicles and batteries. The government invests in the EV and battery industries. Additionally, the programme offers a 20% additional subsidy to individuals aged 19 to 34 buying an electric vehicle…

Last changed 1 year ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

  1. Effective
  2. Last change

Country / jurisdiction: Korea · Year: 2025 · Status: In force · Level: National · Type: Voluntary

The Korean government has committed 21 trillion won in 2025 to boost eco-friendly vehicles and batteries. The government invests in the EV and battery industries. Additionally, the programme offers a 20% additional subsidy to individuals aged 19 to 34 buying an electric vehicle as their first car. It also promotes the development of charging infrastructure. Furthermore, it invests in hydrogen buses.

Official source: https://www.businesskorea.co.kr/news/articleView.html?idxno=233682

Source

https://www.iea.org/policies/26151

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

Related in International

INTIEACanada · National Energy Code of Canada for BuildingsPolicyIn force

National Energy Code of Canada for Buildings

The National Energy Code of Canada for Buildings (NECB) 2025 is a national model code that sets technical requirements that address the protection of the environment in the design and construction of new buildings and in subsequent alterations. The 2025 edition was published in…

10 days agoeff.
INTIEACanada · Deep Retrofit Accelerator InitiativePolicyIn force

Deep Retrofit Accelerator Initiative

Launched by Natural Resource Canada in February 2023, the Deep Retrofit Accelerator Initiative (DRAI) provides funding to organisations and projects that facilitate the development of deep retrofits in commercial, institutional, and mid- or high-rise multi-unit residential…

10 days agoeff.
INTIEASweden · Tax exemption for pure and highblend biofuelsPolicyIn force

Tax exemption for pure and highblend biofuels

The Swedish scheme to promote the use of sustainable biofuels in transport has been prolongated until 31 December 2032 with an estimated budget of 1.3 USD billion (SEK 14.2 billion).    The scheme was originally approved by the Commission in November 2003 and prolonged several…

10 days agoeff.
INTIEACanada · Codes Acceleration Fund (CAF)PolicyIn force

Codes Acceleration Fund (CAF)

Launched by Natural Resource Canada in 2023,  the Codes Acceleration Fund (CAF) provides funding to support efforts to accelerate and contribute to code (or regulation) adoption, compliance and enforcement. The programme provides funding to:   • provinces, territories,…

10 days agoeff.
INTIEACanada · Energy Efficiency Regulations, 2016 - Electric motorsPolicyIn force

Energy Efficiency Regulations, 2016 - Electric motors

The Energy Efficiency Regulations set standards for several industrial products and industrial applications of products including motors, air compressors, pumps, dry-type transformers and ceiling fans.     The standards for electric motors were regularly updated, lastly in 2022…

10 days agoeff.