South Korea to offer $5.3 B in financing to support battery investment in North America

SEOULĀ  – South Korea on Friday said it would provide 7 trillion won ($5.32 billion) in financial support for its battery makers seeking to invest in infrastructure in North America over the next five years to help firms cope with the U.S. Inflation Reduction Act. Government support will include lowering lending rates and insurance premiums … Continue reading South Korea to offer $5.3 B in financing to support battery investment in North America