* Translated by Papago

Climate Minister Kim Sung-hwan said, "We will review the allocation of subsidies for electric vehicles again.""

Published:

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*This content was translated by AI.

[Seoul = Newsis] Reporter Kim Myung-nyeon = Minister of Climate, Energy, and Environment Kim Sung-hwan answers questions from lawmakers at a plenary session of the Special Committee on Budget and Accounts held at the National Assembly in Yeouido, Seoul, on the morning of the 8th. 2025.04.08. kmn@newsis.com / Photo = Kim Myung-nyeon
[Seoul = Newsis] Reporter Kim Myung-nyeon = Minister of Climate, Energy, and Environment Kim Sung-hwan answers questions from lawmakers at a plenary session of the Special Committee on Budget and Accounts held at the National Assembly in Yeouido, Seoul, on the morning of the 8th. 2025.04.08. kmn@newsis.com / Photo = Kim Myung-nyeon

Minister of Climate, Energy and Environment Kim Sung-hwan, who participated in the National Assembly's Special Committee on Budget and Accounts held on the 8th, said he would apologize for the details and review them after being asked by Rep. Lee So-young (Democratic Party of Korea, Gyeonggi-do, and Gwacheon City) about the criteria for selecting electric vehicle providers announced last month.

Rep. Lee So-young, who took the microphone near the end of the Budget and Accounts Committee, criticized the revised "Electric Vehicle Subsidy Business Guidelines" for being designed too favorable to certain domestic companies, which in turn could infringe on consumer choice and weaken national competitiveness. In particular, he mentioned the injustice of qualitative and quantitative evaluations and explained that fundamental changes are needed in the way subsidies are calculated.

[Seoul = Newsis] Reporter Cho Sung Bong = 'Chuck!Rep. Lee So-young of the Democratic Party of Korea, who is in charge of the general manager of the Pledge Project, held at the National Assembly in Yeouido, Seoul on the morning of the 24th!He is making remarks at the 'Promise Project Launch Event'.2026.03.24. suncho21@newsis.com / Photo = Cho Sung-bong
[Seoul = Newsis] Reporter Cho Sung Bong = 'Chuck!Rep. Lee So-young of the Democratic Party of Korea, who is in charge of the general manager of the Pledge Project, held at the National Assembly in Yeouido, Seoul on the morning of the 24th!He is making remarks at the 'Promise Project Launch Event'.2026.03.24. suncho21@newsis.com / Photo = Cho Sung-bong

In response, Minister Kim Sung-hwan said, "We should have thoroughly reviewed it in advance... I didn't see the detailed allocation. I apologize. Competition and protection should be appropriate, but it does not properly reflect the purpose. Since it has been announced, we will review the allocation again," he said.

Rep. Lee So-young criticized that if electric vehicle subsidies are executed so differently, consumers' options will not only be ignored, but also weaken national competitiveness, and it will not be able to clean up the stigma of "sales subsidies" that are far from reasonable standards because they are designed to be too favorable to certain domestic companies.

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*This content was translated by AI.

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