Gangdong-gu Provides Independent Subsidies for Electric Vehicle Buyers (1 Million KRW) and Hydrogen Vehicle Buyers (2 Million KRW)

Additional Support of 1 Million KRW for Electric Cars and 2 Million KRW for Hydrogen Cars Beyond National and City Subsidies... First Among Basic Local Governments to Provide Own Budget Support for Hydrogen Vehicles

[Asia Economy Reporter Jongil Park] Gangdong-gu (Mayor Lee Jeong-hoon) announced that it will accelerate the expansion of green mobility distribution as part of the ‘Gangdong-type Green New Deal’ project to enhance climate crisis response capabilities and proactively respond to becoming an energy self-sufficient city.

The district plans to contribute an additional 200 million KRW from its own budget on top of national and city subsidies when purchasing electric and hydrogen vehicles, providing extra purchase subsidies, thereby leading the popularization of eco-friendly vehicles among Seoul’s autonomous districts.

The support scale includes ▲ 150 electric passenger and cargo vehicles at 1 million KRW each ▲ 25 hydrogen passenger vehicles at 2 million KRW each, totaling 175 vehicles. Including national and city subsidies, electric passenger cars can receive up to 13 million KRW, and hydrogen passenger cars up to 35.5 million KRW.

The eligible vehicle models are ▲ 43 types from 12 manufacturers of electric passenger cars ▲ 27 types from 12 manufacturers of electric cargo cars ▲ 1 type from 1 manufacturer of hydrogen passenger cars, which can be confirmed on the Ministry of Environment’s Low Emission Vehicle Integrated Website. However, the district official explained that subsidies for electric passenger cars will only be provided for mid- to low-priced vehicles under 60 million KRW to reduce the buyer’s burden and promote the spread of eco-friendly vehicles.

Applicants must be residents aged 18 or older with an address in Gangdong-gu for at least 180 days prior to the purchase support application date. Priority is given to vulnerable groups (persons with disabilities, war veterans and independence activists, etc.) and multi-child families (three or more children under 18 years old).

Applications can be submitted in person at the Green Energy Division of the district office starting from the 24th, and support will be provided on a first-come, first-served basis within this year’s budget allocation.

Lee Jeong-hoon, Mayor of Gangdong-gu, stated, “By expanding the distribution of eco-friendly vehicles, Gangdong-gu will take a leading role in achieving Seoul’s 2035 ban on new internal combustion engine vehicle registrations and the 2050 carbon neutrality goal.”

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