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South Korea to provide 1 million eco-friendly cars by 2020

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Staff writer ▼ | December 9, 2015
South Korea's commerce ministry said that it will provide more than 1 million eco-friendly cars by 2020.
Park Geun-hye
Green cars   Eco-friendly cars are an effective tool to reduce emissions
The third five-year plan to develop and popularize eco-friendly vehicles was approved during the cabinet meeting chaired by President Park Geun-hye, according to the Ministry of Trade, Industry and Energy.

Under the plan, the country plans to increase the number of hybrid electric vehicles to 820,000 by 2020, electric vehicles to 200,000, plug-in hybrid electric vehicles to 50,000 and fuel cell electric vehicles to 9,000 respectively.

Those eco-friendly cars have been considered as an effective tool to reduce greenhouse gas emissions.

President Park had announced her plan to replace all cars in the southern resort island Jeju with electric vehicles as part of efforts to respond to climate change and nurture the eco-friendly car industry as new growth engine.


 

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