South Korea to invest 95 trillion won in automobile industry over next 5 years

Seoul [South Korea], September 29 (ANI): The South Korean government has announced a number of strategies for its automobile industry, including private investment worth more than 95 trillion in the country's automobile industry over the next five years.

Using this, the government plans to produce 3.3 million electric vehicles (EVs) by 2030 to achieve a 12 per cent global market share, according to The Global Economic. It