|Policy status:||In Force|
|Policy Type:||Regulatory Instruments|
|Policy Target:||Transport>Vehicle type>Passenger vehicles|
|Agency:||Ministry of Trade, Industry & Energy (MOTIE), Korea Energy Agency (KEA)|
The average fuel efficiency program aims to improve energy efficiency at the production stage by manufacturers to meet the standard fuel efficiency(km/ℓ) of cars sold in one year, or GHG emissions(g/km) set by the government. From 2012 to 2015, the fuel efficiency standard is determined based on the total number of sales for each manufacturer and importer. From 2016 to 2020, the program will cover even small trucks and the standard will be strengthened. According to Energy Use Rationalization Act, fines can be levied to a manufacturer or importer who fails to meet the standard. The average fuel efficiency of cars sold in 2013 was 14.19km/ℓ, a 4% average growth since 2006, and is expected to increase with the distribution of electric cars.
Last modified: Thu, 02 Nov 2017 16:52:30 CET