Mokpo City Supports Early Retirement of Old Diesel Vehicles
Applications for Construction Machinery Emitting Grade 5 Exhaust, Manufactured Before 2005, Open Until Next Month 1st
[Asia Economy Honam Reporting Headquarters Reporter Jeong Seunghyun] Mokpo City, Jeollanam-do announced on the 10th that it will promote an early scrappage support project to reduce air pollutants from old diesel vehicles.
The support targets are diesel vehicles with emission grade 5 and road-use type 3 construction machinery (dump trucks, concrete mixer trucks, concrete pump trucks) manufactured under emission standards applied before December 31, 2005.
Eligibility requires that the vehicle be registered in Mokpo City as the primary place of use for at least six months as of the announcement date, and the ownership period must be at least six months. Additionally, the vehicle must not have undergone engine modification or had a particulate reduction device installed with government subsidies, and must have passed the sensory inspection within the valid inspection period.
Subsidies are provided based on the vehicle's standard value: vehicles under 3.5 tons gross weight can receive up to 3 million KRW, vehicles over 3.5 tons up to 30 million KRW, road-use type 3 construction machinery up to 40 million KRW, and low-income households can receive an additional 10% support within the upper limit.
Among vehicles under 3.5 tons gross weight that cannot be equipped with particulate reduction devices, livelihood and business-use vehicles, and those owned by small business owners can receive support up to a maximum limit of 6 million KRW. Furthermore, if a new vehicle excluding diesel vehicles is purchased after scrappage, or a used vehicle with emission grade 1-2 excluding diesel vehicles is purchased, additional support can be received within the maximum limit.
Applications can be submitted by filling out the form posted on the automobile emission grade system website or the city website's notices and announcements section, and sending it via registered mail or email.
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A city official stated, “Please note that applications are accepted by the Korea Automobile Environment Association, and subsidy claims after scrappage are handled by the Mokpo City Environmental Protection Division.”
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