INDUSTRY & ECONOMIC POLICY
EV Subsidies Now Evaluate the 'Company' Rather Than Just the 'Vehicle'
Starting in July 2026, the domestic business contribution of manufacturers and importers will be added as a subsidy requirement alongside vehicle performance. From July of this year, the electric vehicle subsidy allocation system is undergoing a fundamental shift. Previously, subsidies were granted simply if the automobile's own performance—such as driving range per single charge, battery efficiency, and retail price—met certain criteria.
Starting in July 2026, the domestic business contribution of manufacturers and importers will be added as a subsidy requirement alongside vehicle performance. From July of this year, the electric vehicle subsidy allocation system is undergoing a fundamental shift.…
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