South Korea Aims to Make 1.2 Million Hybrid, Electric Cars
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South Korea aims to build 1.2 million electric, plug-in hybrid, and fuel-cell vehicles in the country by 2015 as part of efforts to reduce emissions.
The government, which provided an update of its earlier plan made in September, plans to export 900,000 of the vehicles from the country and bring their total domestic market share to 21 percent by 2015, according to an e-mailed statement from the Ministry of Knowledge Economy and the Ministry of Environment.