Gyeonggi-do to Support Scrapping of Grade 4 Diesel Vehicles Starting Next Year

[Asia Economy (Suwon) = Reporter Lee Young-gyu] Gyeonggi Province will provide subsidies for scrapping even Grade 4 diesel vehicles starting next year. This is a measure to encourage the early retirement of old diesel vehicles.

Gyeonggi Province announced on the 12th that from next year, it will support the costs of early scrapping for old Grade 4 diesel vehicles that meet the emission standards.

Grade 4 diesel vehicles are those produced according to the 2006 emission standards (Euro 4), and they emit up to 12 times more fine dust than Grade 3 vehicles.

According to the revision of the Enforcement Rules of the Air Quality Preservation Act, the province plans to support early scrapping costs for 10% of the 190,000 Grade 4 diesel vehicles, which amounts to 19,038 vehicles next year.

For Grade 5 diesel vehicles, subsidies were provided up to 3 million KRW or 50% of the vehicle price for passenger cars, but the subsidy amount for Grade 4 diesel vehicles has not yet been determined.

The province plans to invest 125.7 billion KRW next year to implement low-emission measures targeting a total of 43,563 old vehicles, including Grade 4 and Grade 5 diesel vehicles and construction machinery.

Until now, early scrapping support for construction machinery was limited to three types for road use (dump trucks, concrete mixers, concrete pumps), but it will be expanded to include two types for non-road use (excavators, forklifts).

Early scrapping support for existing Grade 5 diesel vehicles will end next year. To receive support for low-emission measures, applications can be made through the vehicle emission grade system website.

Park Dae-geun, head of the Fine Dust Countermeasures Division of the province, urged, "As the operation restriction enforcement period of the 4th Fine Dust Seasonal Management System (from December this year to March next year) begins and early scrapping support for Grade 5 diesel vehicles ends next year, vehicle owners are encouraged to actively participate in low-emission measures."

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