Gyeonggi-do to Provide 7 Million KRW Support for Switching Children's School Commute Vehicles to LPG Cars
[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province is implementing the 'Children's School Vehicle LPG Conversion Support Project,' which provides subsidies for purchasing LPG vehicles for children's school transportation to protect children's health and improve the air environment within the province.
LPG vehicles emit fewer nitrogen oxides (NOx), a major cause of fine dust, compared to diesel vehicles.
Since 2018, the province has been supporting the purchase cost when replacing diesel-powered school vehicles with LPG school vehicles.
The province announced on the 2nd that, starting from April next year, the registration of diesel-powered children's school vehicles will be banned, and to expand LPG children's school vehicles, it has decided to increase the new vehicle purchase subsidy from 5 million KRW to 7 million KRW per vehicle since last year. This year, a total of 9.1 billion KRW will be supported for 1,307 vehicles.
The subsidy targets medium-sized passenger cars and vans (with 9 to 15 seats). In addition to the 7 million KRW subsidy for new vehicle purchases, an additional subsidy of up to 3 million KRW can be received depending on the vehicle's standard price when scrapping existing grade 5 diesel vehicles early. Furthermore, up to 6 million KRW additional support is available for basic livelihood security recipients, low-income groups, small business owners, commercial vehicles, and owners of vehicles that cannot be equipped with particulate matter reduction devices.
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A provincial official stated, "From next year, due to the ban on registering diesel school vehicles and delays in new vehicle production, applying for LPG vehicles now will result in faster delivery and subsidy support."
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