South Korea proposes new labeling requirement for electric vehicles
The new labeling requirement is designed to provide useful information to consumers while also promoting the adoption of energy-efficient vehicles.
The government has proposed a revision of the regulations to mandate a standardized classification of the energy efficiency of motor vehicles.
The main goals of the revision are to enhance consumer awareness, improve market competition and reduce the impact on the environment. By introducing a standardized grading system, buyers have the opportunity to directly compare the energy efficiency of e-vehicles. Based on the proposed new requirements, the inclusion of energy efficiency classes in vehicle labelling will encourage manufacturers to develop more energy-efficient models to gain a competitive advantage.
Ultimately, this can lead to advances in battery technology, aerodynamics, and overall vehicle design, especially by enabling the production of more energy-efficient e-vehicles. Furthermore, the labelling system contributes to South Korea’s environmental goals and global efforts to mitigate climate change by providing clear information on energy efficiency.
In summary, the introduction of mandatory energy efficiency labeling for e-vehicles in South Korea is an important step in promoting transparency and empowering consumers.
The texts of the Regulation can be consulted HERE (in KOR only).