Lee pledges more subsidies for electric vehicles
SEOUL, Nov. 26 (Yonhap) -- Ruling Democratic Party presidential nominee Lee Jae-myung pledged Friday to expand government subsidies for the electric vehicle industry and increase the production of the cars.
In a Facebook post, Lee said government subsidies have fallen far short of the amount needed to produce enough EVs to meet consumer demand.
He noted the biggest obstacles to getting more EVs on roads are their high price and lack of charging facilities.
"I will drastically expand the scope of subsidies in order to get auto companies to make more," Lee wrote. "By doing so, (we) will meet buyers' demand and shorten the delivery wait time."
He also pledged to expand the charging infrastructure and push to gradually replace cars used in the public sector and public transport with electric vehicles.
Around 3.6 million EVs will be required to meet the country's 2030 target of cutting greenhouse gas emissions by 40 percent, he said.
hague@yna.co.kr
(END)
-
(Yonhap Interview) Samsung has substantial upside potential on sound fundamentals: chief analyst
-
BTS vows full support for Busan's World Expo bid
-
BTS' Jungkook drops collaborative single with U.S. singer-songwriter
-
BTS member V visits Paris after K-pop boyband suspends group activities
-
Yoon to agree to new partnership with NATO in second half of year
-
(Yonhap Interview) Samsung has substantial upside potential on sound fundamentals: chief analyst
-
(LEAD) On Korean War anniversary, S. Korea vows stern response to N. Korean provocations
-
Samsung expected to announce mass production of 3nm chip next week
-
Yoon to agree to new partnership with NATO in second half of year
-
(3rd LD) S. Korea confirms 1st case of monkeypox infection
-
Son Ye-jin pregnant, expecting first baby with Hyun Bin
-
Yoon arrives in Spain for NATO summit
-
(LEAD) Yoon to agree to new partnership with NATO in second half of year
-
(LEAD) Prosecution suspends ex-President Lee's imprisonment
-
Car of missing Cho family found off southwestern coast