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21 Dec
04:31

NEVs boost export values in South Korea

Affected by the lasting shortage of automotive chips, the production volumes, local sales, and export volumes of South Korean automobiles all decreased on-year in November, 2021. Yet, export values rebounded after a three-month lapse, Kallanish learns. According to data from South Korea’s Ministry of Trade, Industry and Energy, in November, automobile production decreased by 6.6% on-year and increased by 14.9% on-month to 302,983 vehicles. Domestic sales de…
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