Comparative Study on Electric Vehicle Policies between Korea and EU Countries

To significantly reduce greenhouse gas, the Korean government announced an ambitious EV deployment plan in 2010. According to that plan, one millions EVs would be provided by 2020. However, the target of EV deployment was not achieved despite strong political support. As a result, the government modified the initial plan by reducing the target number of EVs from 1 million to 200,000. Many EV experts thought the issue arose from poor policy framework and implementation process. The purpose of this paper is to find relevant policy direction in Korea by comparing the policy formulation and implementation process between EU countries and Korea. Concerning policy formulation, we examined the legislation and planning process to know what to prepare for successful EV policy framework. And for the policy implementing process, we analyzed various incentive measures on how to stimulate the deployment of EV. With comparative research results EV policy implications are drawn.