INDUSTRY & ECONOMIC POLICY

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.