Ministry of Environment Targets Distribution of 20,000 Electric Two-Wheelers This Year with 18 Billion Won Subsidy Support

[Asia Economy Sejong=Reporter Dongwoo Lee] The Ministry of Environment announced on the 28th that it has secured a total budget of 18 billion KRW in purchase subsidies, aiming to supply 20,000 electric two-wheelers this year.

Subsidies are determined by model based on performance factors such as fuel efficiency, driving range, and hill climbing ability. Especially this year, the subsidy differential has been increased to provide higher amounts to electric two-wheelers with superior performance. However, the maximum subsidy by scale has been reduced.

To respond to the increasing delivery demand, subsidies will be prioritized for commercial two-wheelers such as those used for delivery. Reflecting local government conditions, at least 10-30% of the supply volume will be separately allocated. Starting today, the Ministry of Environment will include the "Electric Two-Wheeler Battery Swap Charging Station Construction Project (3 billion KRW)" in the "Regional Zero-Emission Vehicle Transition Representative Public Contest Project" to support the expansion of commercial electric two-wheeler supply.

In response to consumer feedback regarding insufficient after-sales management following electric two-wheeler purchases, the obligation for manufacturers and importers to manage after-sales service has been strengthened as a condition for subsidy support. Manufacturers and importers must secure sufficient spare parts for key components such as motors and batteries and designate warranty repair agencies by local government. Since last year, insurance enrollment has been made mandatory to ensure after-sales management in case of manufacturer or importer bankruptcy, and the scope of required insurance coverage has been expanded.

Prospective electric two-wheeler buyers can apply for purchase support by completing and submitting the application form and contract through the two-wheeler manufacturer or importer, and local governments plan to announce this year’s supply project in March.

Park Yeon-jae, Director of Air Environment Policy at the Ministry of Environment, stated, “Internal combustion two-wheelers are a major cause of air pollution and noise problems in urban areas, and a rapid transition to electric two-wheelers is necessary to create a pleasant living environment for the public. We will operate the supply project to ensure that electric two-wheelers with superior performance can be conveniently used.”

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