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S.Korea to offer $5.3 bn in financing to EV battery firms: Details

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South Korea will extend 7 trillion won ($5.31 billion) in financial support to domestic battery makers over the next five years to help them respond to the United States' Inflation Reduction Act (IRA) and to boost their competitiveness in the sector, the industry ministry said.

from Auto News: Upcoming Cars and Bikes, New Launches, Price and Reviews | Times of Indiahttps://timesofindia.indiatimes.com/photo/99355714.cms

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