Chungbuk to Supply 1,086 Hydrogen Cars This Year... Subsidy Increased by 1 Million Won

Image of hydrogen car Nexo. Provided by Chungbuk Province.

[Asia Economy (Chungbuk) Reporter Jeong Il-woong] Chungbuk Province will supply 1,086 hydrogen vehicles this year. The subsidy amount will also be increased by 1 million KRW compared to before.

The province announced on the 17th that it will provide a subsidy of 33.5 million KRW per hydrogen vehicle to popularize hydrogen cars.

The total subsidy amount is 1 million KRW higher than before, which corresponds to 47.8% of the Nexo vehicle price of 70 million KRW.

In addition, the province emphasized that if a grade 5 old diesel vehicle is scrapped and a hydrogen vehicle is purchased, an additional 30% of the early scrapped vehicle's standard value can be supported.

Through this support, the province has set a goal to supply a total of 1,086 hydrogen vehicles this year. The supply scale is the sum of 184 vehicles carried over from last year and the originally planned 902 vehicles for this year.

Hydrogen vehicles have the advantage of short charging time and relatively long driving range. They also emit only water, producing no pollutants.

They purify 26.9 kg of air per hour and are called "running air purifiers" and "the ultimate eco-friendly vehicles."

There are also various tax benefits such as acquisition tax and automobile tax reductions, 50% discounts on city public parking fees, and 50% discounts on highway tolls.

For more detailed information on eligibility and methods for hydrogen vehicle purchase subsidies, please refer to the websites of the respective city or county or contact the climate departments of each city or county.

Meanwhile, since 2019, the province has been prioritizing the expansion of hydrogen refueling station infrastructure to resolve the biggest obstacle to hydrogen vehicle adoption, which is charging inconvenience.

Currently, there are 7 hydrogen refueling stations operating in Chungbuk. The province plans to build 7 more stations to establish a nationwide top-level hydrogen refueling ecosystem.

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