SOUTH KOREA TO BOOST MINIMUM FUEL EFFICIENCY STANDARDS FOR PASSENGER CARS
December 8th, 2013
THE GOVERNMENT of South Korea is expected to announce a new corporate average fuel economy (CAFE) standard this coming year, which could increase target performance to 20km/liter, wardsauto has learnt. A senior official at the transportation energy team of the Korea Energy Management Corporation (KEMCO) expects the change to have a positive impact on the industry by encouraging manufacturers to develop more fuel efficient vehicles, including hybrids, electrics, and clean diesels. Speaking to wardsauto in Seoul, the official said: “[South] Korea’s first CAFE ...
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