400 Hydrogen Electric Vehicles to be Released in Ulsan This Year... First Batch of 200 Units, Subsidy of 34 Million KRW Provided
A total of 2,969 units supplied until last year, 12 hydrogen charging stations established
This year, a total of 400 hydrogen electric vehicles will be distributed in Ulsan, starting with the first batch of 200 units.
On the 29th, Ulsan City announced that it will launch the hydrogen electric vehicle distribution project this year to improve air pollution and reduce fine dust.
The purchase subsidy per vehicle is 34 million KRW, and the application period is from the 29th until the project budget is exhausted.
Eligible applicants are citizens aged 18 or older who have continuously resided in Ulsan for more than 90 days prior to the application date, as well as corporations and other entities. However, corporations, companies, and organizations can apply for up to 10 vehicles.
Prospective buyers can submit the purchase support application documents when signing a hydrogen vehicle purchase contract at each Hyundai Motor sales office, and subsidy recipients will be selected in order of vehicle delivery.
Buyers who receive the subsidy for hydrogen electric vehicles must operate the vehicle for 5 years if it is deregistered for export purposes, or for 2 years in other cases. If the vehicle is scrapped during the mandatory operation period, prior approval from Ulsan City is required.
For detailed information on applying for the hydrogen electric vehicle purchase subsidy, please refer to the announcement on Ulsan City's website or contact the Energy Industry Division of Ulsan City or the call center.
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Ulsan City has distributed 2,969 vehicles up to last year and has completed the construction of 12 hydrogen charging stations.
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