Massive financial support in store for auto parts makers' biz shift toward future mobility
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Source: South Korea
Published: 2026-05-14 12:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Science, Transport, Property, South Korea, Economy & Finance, Business & Economy
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Snippet:
SEOUL, May 14 (Yonhap) -- The industry ministry said Thursday that nearly 20 trillion won (US$13.4 billion) in financial support will be provided to auto-parts makers this year to help their financing for research and development (R&D), as well as business shifts for future mobility.
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