Business News
Home > Business News
S.Korea unhappy with France over exclusion of Kia EV from subsidy list
TIWN
TIWN
![S.Korea unhappy with France over exclusion of Kia EV from subsidy list S.Korea unhappy with France over exclusion of Kia EV from subsidy list](http://www.tripurainfoway.com/viewimage.php?src=http://www.tripurainfoway.com/news_pic/2023/1-1702985859.png&w=567)
PHOTO : TIWN
Seoul, Dec 19 : South Korea expressed regret to France on Tuesday over the exclusion of a locally produced electric vehicle (EV) of Kia Corp. from the list of automobiles eligible for subsidies in France, the industry ministry said.
First Vice Industry Minister Jang Young-jin delivered the concern to French Trade Minister Olivier Becht in Seoul earlier in the day, as Paris decided to exclude the Niro EV of Kia from the list of the French government's subsidy program, according to the Ministry of Trade, Industry and Energy.
Hyundai Motor Co.'s Kona SUV, manufactured in Europe, was the only South Korean model to be included in the list released last week, reports Yonhap news agency.
Add your Comment
Comments (0)
More Business News
- India's business activity surges to 3-month high in July
- Rs 6.67 lakh crore investment needed by 2031-32 to expand thermal power capacity
- Adani Energy Solutions posts 73 pc net profit growth in Q1, revenue surges 43 pc
- Centre's fiscal consolidation plan will boost India's credit profile: Global agencies
- Experts clarify new capital gains tax regime for realty sector