South Korea Unveils Plan to Rev Up Sales of Greener Cars – Wall Street Journal

Posted: Tuesday, December 08, 2015

SEOUL—South Korea on Tuesday unveiled a five-year plan to drastically increase the number of environmentally-friendly cars on its streets, as auto makers’ emissions come under intensifying scrutiny globally.

The government aims to ensure that hybrids, electric vehicles and hydrogen fuel-cell cars account for 20% of all new cars sold in the country by 2020, up sharply from the current 2%, according to the plan by the Ministry of…


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