Future Car Leapfrog Technology Development and Overseas Market Development

미래차 초격차 기술개발과 해외시장 개척

Country

South Korea

State / City

National

Posted date

2024-01-31
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The Ministry of Trade, Industry and Energy of South Korea has announced a new program named 'Future Car Leapfrog Technology Development and Overseas Market Development'. The main objective of this program is to support the development of future car technologies and help South Korean car manufacturers to enter overseas markets. The government has allocated a budget of 442.5 billion KRW for this program in 2024. The program is expected to help South Korean car manufacturers to stay competitive in the rapidly evolving global car market.

Instrument

Grants
Financial Contribution (General)
Local Production Incentive

Purpose

Innovation
Investment promotion
Production incentives
Promotion of export and internationalisation

Agency

Ministry of Trade Industry and Energy - South Korea

Sector

Automobiles

Data+Law uuid

KOR_03756_Program

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