NATIONALISMthat is hard mode. Korea is one of the most difficult markets for foreign cars due to their tariffs.
NATIONALISMthat is hard mode. Korea is one of the most difficult markets for foreign cars due to their tariffs.
NATIONALISM.When I was in South Korea (Seoul, Busan and Jeju island), I surprisingly hardly saw Japanese cars, quite few German cars though
Are the tariffs lower now that both South Korea and China are part of RCEP?that is hard mode. Korea is one of the most difficult markets for foreign cars due to their tariffs.
Auto production, especially new energy vehicles, and other areas involving high-tech innovation, notably the semiconductor sector, will benefit from stronger cooperation between the two countries, Park said.
Brazil is now an exporter of oil, having discovered offshore oil deposits. The northern part of the country imports and refines cheap oil imported from Venezuela. EV is definitely a big agenda for Brazil, but due to these factors combined with de-industrialization the urgency is no longer as great as the 70s and 80s.Brazil should be moving into EVs at a much faster rate than this. They have always had issues with payments for imported oil. Their economy was hugely affected by the 1970s oil crisis. The governments back then tried to replace imported oil with ethanol from sugar cane being used instead of gasoline. But the program had mixed results at best. Now they do have oil from offshore fields but it is clearly insufficient to meet their own needs. You would think that a country with fairly high car usage like Brazil that is located right next to the lithium mines in South America and has plenty of iron ore would be getting faster into EVs than what we currently see.
Brazil is now an exporter of oil, having discovered offshore oil deposits. The northern part of the country imports and refines cheap oil imported from Venezuela. EV is definitely a big agenda for Brazil, but due to these factors combined with de-industrialization the urgency is no longer as great as the 70s and 80s.
On top of that cars in Brazil are extremely expensive. RAV4 cost equivalent of ~$70,500 USD and Fortuner ~$77,300 USD
Brazil is now an exporter of oil, having discovered offshore oil deposits. The northern part of the country imports and refines cheap oil imported from Venezuela. EV is definitely a big agenda for Brazil, but due to these factors combined with de-industrialization the urgency is no longer as great as the 70s and 80s.
On top of that cars in Brazil are extremely expensive. RAV4 cost equivalent of ~$70,500 USD and Fortuner ~$77,300 USD