586 Electric Vehicles, 290 Electric Two-Wheelers... Subsidy Applications Open from February

Changwon City Distributes 2,702 Electric Vehicles to Improve Air Quality View original image

[Asia Economy Yeongnam Reporting Headquarters Reporter Park Saeyan] Changwon City in Gyeongnam announced on the 17th that it plans to distribute 2,702 electric vehicles to reduce fine dust and improve air quality.


For the first supply volume in the first half of the year, applications will be accepted from the 22nd through the Ministry of Environment's Low Emission Vehicle Subsidy Support System for 852 electric vehicles (586 passenger cars, 266 cargo vehicles) and 290 electric two-wheelers.


After checking the announcement, applicants visit the sales dealership to sign the purchase contract and fill out the purchase support application form. The sales dealership will handle the subsidy application and related procedures on behalf of the applicant.


The supported vehicle models are electric vehicles certified under the "Regulations on Requirements for Environmentally Friendly Vehicles" and designated by the Ministry of Environment as subsidy-eligible vehicles.


Applicants must be citizens aged 18 or older with an address in Changwon City for at least three months prior to the purchase support application date, as well as corporations, businesses, and public institutions.


This year, the electric vehicle subsidy has been revised: vehicles priced under 60 million KRW receive 100% subsidy, those priced between 60 million KRW and under 90 million KRW receive 50%, and vehicles priced 90 million KRW or more receive no subsidy.


The maximum subsidy for electric passenger cars is 14 million KRW, and for small electric cargo vehicles, 22 million KRW. Local government subsidies vary according to the national subsidy.


10% of the allocated volume is given priority to vulnerable groups, families with multiple children, first-time vehicle buyers, and purchasers of vehicles with high fine dust reduction effects.


Electric taxis receive an additional national subsidy of 2 million KRW, with a separate announcement planned for April.



For more detailed information about the electric vehicle distribution project, please visit the Changwon City website. For other inquiries, contact the Changwon City Transportation Policy Division or electric vehicle sales dealerships within Changwon City.


This content was produced with the assistance of AI translation services.

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