Ulsan City to Release 294 Electric Two-Wheelers... Public Announcement for Private Distribution This Year

10% Additional Support for Vulnerable Groups and Small Business Owners

A total of 294 electric two-wheelers will be distributed in Ulsan City this year.

Ulsan City announced the '2023 Electric Two-Wheeler Private Distribution Project,' which includes subsidies for purchasing electric two-wheelers, on the 13th, and will accept applications starting from the 17th.

The support scale for electric two-wheelers this year is a total of 294 units. Citizens who have resided in Ulsan City for more than 90 days as of the purchase application date, or corporations and businesses with offices in Ulsan City, are eligible to apply.

The maximum number of vehicles supported per applicant is one for individuals, two for sole proprietors, and five for corporations or institutions. A total budget of 676 million KRW will be invested.

The purchase subsidy is up to 3 million KRW per vehicle (50% national funding, 50% city funding) and is provided differentially according to the size, type, and performance (fuel efficiency, battery capacity, climbing ability) of the electric two-wheeler.

This year, since many use two-wheelers for livelihood purposes such as delivery, an additional 10% of the national subsidy amount will be provided to the 'vulnerable groups and small business owners.'

Also, the condition that required subscribing to paid transportation insurance for more than six months when purchasing for delivery purposes has been relaxed, opening the opportunity to those who have subscribed to non-paid transportation insurance for more than three months.

The application method is for the purchaser to sign a purchase contract with the vehicle manufacturer or importer, and the manufacturer or importer applies through the Ministry of Environment's Zero-Emission Vehicle Integrated Website.

An official from Ulsan City said, "As this subsidy project is promoted to improve air quality and reduce noise, we hope for active participation from citizens and businesses in this electric two-wheeler private distribution project."

Ulsan City started the electric two-wheeler private distribution project in 2018 and supported a total of 1,548 units (255 units in 2022) by the end of last year.

Electric two-wheeler image.

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