South Korea picks solar, battery and EVs as key sectors in US$747 billion Green Industrial Plan
South Korea’s Ministry of Climate, Energy and Environment unveils a KRW1,000 trillion (US$747 billion) Green Transformation industrial strategy. Solar, batteries and electric vehicles are designated as key sectors.
The strategy sets a large-scale national industrial direction for solar, batteries and electric vehicles, with implications for investment and supply chains. Its KRW1,000 trillion scale makes it significant to energy and technology businesses engaged in South Korea.