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Tuesday, August 11, 2020

Korea considers changing its EV subsidy after Tesla buyers cash in

2020 Tesla Model 3South Korea may exclude Tesla from the list of automakers that qualify for electric-car subsidies as the California transplant racks up sales, The Korea Herald reported Sunday. Between January and June, Tesla accounted for 43% of 209.2 billion won ($176 million at current exchange rates) in subsidies, according to the report. That will likely push...

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