Starting from January 2024, corporate passenger vehicles must display "green license plates." This applies to "business-use passenger vehicles with a value of over 80 million won for new or modified registrations" by public or private corporations. The aim is to prevent the private use of high-value vehicles, such as "super cars," owned by corporate entities. With the increasing popularity of electric and hybrid vehicles, the criteria are based on price rather than engine displacement. This regulation applies to corporate-owned vehicles, leased vehicles, long-term rentals, and official vehicles. However, vehicles owned by individual business operators are excluded.