The draft Annual LEV and ZEV Supply Regulation has been pre-announced. It aims to increase the supply targets for Low Emission Vehicles (LEV) and Zero Emission Vehicles (ZEV) by taking into account international trends, the Korean Green New Deal, and the strategy for achieving carbon neutrality by 2050. The objective of this regulation is to expand the supply of LEV and ZEV, thereby contributing to reducing fine dust and greenhouse gas emissions in the transportation sector. The details are as follows:
<LEV/ZEV Supply Target>
| Category | 2023 | 2024 | 2025 | ||
| LEV target (Including ZEV target) | 22% | 24% | 26% | ||
| ZEV target | 15% | 18% | 22% | ||
| *Differentiated supply target | 11% | 14% | 18% |
