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Korea: S. Korea May Provide Tax Breaks for Electric Cars, Yonhap Says

Feb. 18 (Bloomberg) — South Korea is considering tax incentives for electric cars after providing tax breaks for hybrid cars last year, Yonhap News reported, citing a finance ministry official it didn’t identify.

The tax cuts could reduce the cost of buying a vehicle by about 3 million won ($2,620), the South Korean news agency said today
Source: bloomberg.com

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