Korean New Deal 10 key projects – Eco-friendly mobility of the future

 Among the 10 key projects of the Korean New Deal, one aims to develop electric and hydrogen mobility. To do so, the government is focusing on:

 

• Electric cars:  A total of 1,130,000 vehicles to be supplied, as well as charging equipment  
• Hydrogen fuel cell cars:  A total of 200,000 vehicles to be supplied, along with the stable supplies of hydrogen fuel  
• Old diesel vehicles:  Promote scrapping of old diesel vehicles, including construction vehicles and farm machines  
• Old vessels:  Promote replacement with LNG vessels and use diesel particulate filters (DPF) for public vessels  
• R&Ds for future cars:  Develop parts for future electric cars, hydrogen fuel cell systems and fuels for eco-friendly vessels

 

A total of 8.6 trillion won (5.6 trillion won from fiscal investment) will be invested by 2022, creating 52,000 jobs, and by 2025 a total of 20.3 trillion won (13.1 trillion won from fiscal investment) will be invested, creating 151,000 jobs.

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