Promotion of Additional Electric Vehicle Distribution This Year... Ulsan City to Accept Applications for 500 Passenger Cars and 200 Trucks Starting September 14

Ulsan City Hall.

[Asia Economy Yeongnam Reporting Headquarters Reporter Dongguk Lee] Ulsan City is stepping up additional electric vehicle distribution to meet the growing demand for electric cars.

The city announced the "2022 Second Half Additional Electric Vehicle Distribution Project," which includes support for electric vehicle purchase subsidies, on September 7.

The distribution volume is 500 electric passenger cars and 200 electric cargo vehicles.

The purchase subsidies provided to promote the distribution of electric vehicles are differentiated by vehicle type according to the vehicle's performance (fuel efficiency, driving range, etc.).

The maximum subsidy per vehicle remains the same as before: 10.5 million KRW for passenger cars (7 million KRW national subsidy, 3.5 million KRW city subsidy) and 18 million KRW for small cargo vehicles (14 million KRW national subsidy, 4 million KRW city subsidy).

Subsidy applications can be made from September 14 only for vehicles with confirmed delivery dates, and support is provided in the order of vehicle delivery.

The application method requires the buyer to sign a purchase contract with the vehicle manufacturer or importer, who then applies through the Ministry of Environment's Zero-Emission Vehicle Integrated Website.

Eligibility for application requires the applicant to be a citizen or business operator with an address in Ulsan City for at least 90 days as of the electric vehicle purchase application date. The maximum number of vehicles that can be applied for is one per year for individuals and sole proprietors, and up to ten per year for corporations and institutions.

Priority and taxi support volumes among the distribution quantities will be accepted together with general volumes starting October 15.

An official from Ulsan City said, "Since this subsidy support project is being promoted to reduce vehicle emissions, greenhouse gases, and especially fine dust, we ask for active participation from citizens and businesses in this additional electric vehicle distribution project."

From February to the end of August this year, the city has distributed a total of 1,294 electric vehicles (853 passenger cars and 441 cargo vehicles).

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