Seoul City to Supply Additional 10,000 Electric Vehicles in Second Half of Year...Accelerating the Electric Vehicle Era

More than 24,400 units to be supplied this year... 77,000 electric vehicles expected within the year, surpassing 1.9% supply rate
Passenger cars, 7,000 additional units supplied to meet citizen demand following new car launches

[Asia Economy Reporter Lim Cheol-young] Seoul City announced on the 7th that it will supply additional electric vehicles (EVs) of various types in the second half of the year to achieve a 10% EV era by 2026. Since February, the city has supplied 14,166 EVs, and by securing additional budget in the second half, it plans to supply 10,278 more, totaling over 24,400 EVs this year.

According to Seoul City, the total number of EVs supplied from 2009 until last year is 52,400 units. This year alone, the city plans to supply more than 24,400 EVs, which accounts for 47% of the total supplied over the past 13 years, pushing the cumulative total beyond 77,000 units.

Due to high public interest in EVs, 17,027 applications were received in the first half, exceeding the supply volume of 14,166 units by 120%. Additionally, about 27,000 EV buyers in Seoul are currently waiting for vehicle delivery. Seoul City analyzed vehicle production trends and formulated an additional supply plan to ensure that as many citizens as possible can benefit from subsidies.

The additional supply volume by vehicle type is as follows: passenger cars 7,022 units, cargo vehicles 444 units, two-wheelers 1,000 units, taxis 1,500 units, and buses 312 units. Among these, 8,410 units are for private sector announcements, and 1,800 units are for public transportation supply.

First, reflecting citizens' demand due to the launch of various new electric passenger cars, 7,000 units will be supplied in the second half, exceeding the 6,300 units supplied in the first half. Furthermore, to phase out diesel vehicles such as delivery and village buses early and to convert city buses that emit large amounts of greenhouse gases due to long driving distances to electric vehicles, 400 cargo vehicles and 300 buses will be additionally supplied.

Electric two-wheelers will see an additional supply of 1,000 units to achieve a 100% early transition from internal combustion engine two-wheelers used for delivery?which are identified as major sources of air pollution and noise in residential areas?by 2025. Also, electric taxis, which showed an application rate exceeding 300% compared to the 1,500 units supplied in the first half, will have an additional 1,500 units supplied.

Yoo Yeon-sik, Director of the Climate and Environment Headquarters, said, “We have expanded the supply volume of EVs to actively respond to greenhouse gas reduction and the increasing demand for EVs from citizens. We plan to supply 400,000 EVs by 2026, achieving a 10% EV supply rate and creating a cleaner Seoul through electric vehicles.”

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