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Reuters
Reuters
Business
By Trevor Hunnicutt, Soo-hyang Choi and Joyce Lee

U.S. VP Harris pledges to consult S.Korea over EV subsidy concerns

Kamala Harris South Korea Joe Biden Vice President Seoul Washington D.C. electric vehicle White House
FILE PHOTO: U.S. Vice President Kamala Harris disembarks a plane at Yokota Air Base near Tokyo, Japan September 26, 2022.REUTERS/Leah Millis/Pool

U.S. Vice President Kamala Harris told South Korea's prime minister on Tuesday that Washington will work to address Seoul's concerns over recently enacted electric vehicle (EV) subsidies that could disadvantage Asian automakers.

The $430 billion "Inflation Reduction Act" bill enacted in August includes a host of U.S. President Joe Biden's priorities, including investments to roll back climate change and make Washington a world leader in the EV market.

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