It is required to establish a robust legal and institutional foundation for stimulating the supply for ZEV (“Zero Emission Vehicle”) and its operation in line with the government’s policy such as Korean New Deal and carbon neutral in 2050. Accordingly, the lawmakers propose the bill for improving the insufficient legal structure for ZEV to invigorate the ZEV supply such as creating demands on ZEV, operating the charging facilities or setting up the subsidy scheme. Please find the below details.
• The definition of ZEV is newly established.
• The ZEV performance requirements should be satisfied for certification.
• The application scope of the subject to subsidy is expanded.
• Penalty criteria is newly established.
• Provision for the operation of EV charging facility is prescribed.
