Announcement
23 May 2023
In May 2023, the South Korean Government announced a plan to provide KRW 14.3 trillion in funding to support the Korean car industry's technology development and to ensure the sector's liquidity.
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Number of interventions
3
0 certainly harmful
3 likely harmful
0 liberalising
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Updated: 23 May 2023
State aid, unspecified
On 23 May 2023, the South Korean Ministry of Trade, Industry, and Energy (MOTIE) announced a plan to provide financing of KRW 2 trillion (USD 1.5 billion) to support research and development (R&D) ...
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Updated: 23 May 2023
State aid, unspecified
On 23 May 2023, the South Korean Ministry of Trade, Industry, and Energy (MOTIE) announced a plan to provide financing of KRW 3.5 trillion (USD 2.7 billion) to support Korean "future vehicles such ...
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Updated: 23 May 2023
State aid, unspecified
On 23 May 2023, the South Korean Ministry of Trade, Industry, and Energy (MOTIE) announced a plan to provide financing of KRW 5.4 trillion (USD 4.1 billion) to support the Korean internal combustio...
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