Gyeonggi-do Supports Purchase of 56,014 Eco-Friendly Vehicles with a Budget of 643.6 Billion KRW
Gyeonggi Province has allocated 643.6 billion KRW in support funds for residents purchasing eco-friendly vehicles such as electric and hydrogen cars to expand the distribution of eco-friendly mobility this year.
First, Gyeonggi Province has allocated 537.5 billion KRW for electric vehicle purchase subsidies, providing 10.9 million KRW for passenger cars, 190.4 million KRW for buses, and 20.06 million KRW for freight vehicles respectively. Additionally, 105.4 billion KRW has been secured for hydrogen vehicle purchase subsidies, supporting 35 million KRW for passenger cars, 350 million KRW for buses, and 450 million KRW for freight vehicles.
Along with this, Gyeonggi Province will provide an additional subsidy of up to 2 million KRW per vehicle for up to 350 vehicles when residents scrap 5th-grade old diesel vehicles and purchase electric or hydrogen passenger cars, or when companies located in industrial complexes within the province or their employees purchase electric or hydrogen passenger cars.
Those wishing to purchase eco-friendly vehicles can receive guidance by visiting nearby car dealerships.
After consultation, applicants fill out and submit the purchase support application and contract for subsidy support, and the dealership will handle the submission of documents to the relevant city or county and other related procedures on behalf of the applicant.
Detailed information on eligible vehicle types, support amounts, and application methods for eco-friendly vehicle purchases can be found on the websites of the respective cities or counties or through the Zero Emission Vehicle Integrated Website (www.ev.or.kr) announcement.
Jung Han-gyu, Director of the Advanced Mobility Industry Division of Gyeonggi Province, stated, "Expanding the distribution of eco-friendly vehicles establishes the foundation for achieving carbon neutrality in transportation and plays a role in fostering the advanced mobility industry." He added, "We ask residents to actively participate in the eco-friendly vehicle purchase support program."
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Meanwhile, as of the end of last year, 74,957 electric vehicle chargers are operating within the province, and since 2017, Gyeonggi Province has been independently promoting charging infrastructure construction projects to enhance user convenience alongside supporting eco-friendly vehicle purchases.
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