2023 in Review: Korea and the Inflation Reduction Act
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.
The Inflation Reduction Act (IRA) had been the source of significant uncertainty for Korean Electric Vehicle (EV) makers and their suppliers.
Korea has strived to bolster its image as a “global pivotal state” in both mending and fortifying relations with like-minded nations.
While progress has been made in easing the tension between Seoul and Tōkyō, perennial historical issues will be challenges in the new year.