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flag South Korea allocates $1.02 billion to boost EV sales via discounts and new charging stations.

flag South Korea plans to spend $1.02 billion in 2025 to boost electric vehicle (EV) sales, addressing safety concerns and a lack of charging stations. flag The government will offer discounts on highway tolls, provide additional discounts for young buyers and families, and install 4,400 fast-charging stations. flag The goal is to increase consumer trust and ensure at least 10% of vehicles at drivers' license testing centers are EVs by year-end.

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