SOUTH KOREA TO INVEST IN ECO-FRIENDLY AUTO PARTS

Highlights:

• South Korea will spend 385.6 billion won on R&D for auto parts for eco-friendly vehicles.
• The initiative is under South Korea’s clean energy drive.
• The project is expected to be run on roads by 2026.

South Korea has announced today that it will spend 385.6 billion won, equivalent to $326.2 million, on the research and development (R&D) project.....