Ulsan City to Support a Total of 3 Electric Excavators in Private Distribution Project This Year
Ulsan City announced the 2024 Electric Excavator Private Supply Project, which includes subsidies for purchasing electric excavators, on the 11th and will accept applications starting from the 12th.
This year, the support scale for electric excavators is a total of 3 units. Eligible applicants are citizens who have had an address in Ulsan for more than 90 days as of the purchase application date, as well as corporations and businesses with offices located in Ulsan City.
The purchase subsidy is up to 20 million KRW and will be provided differentially according to the weight and performance of the electric excavator (battery type) by model.
The application method requires 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 stated, “Since this subsidy support project is being promoted to reduce air pollutants such as fine dust, noise, and greenhouse gases, we hope many citizens and companies will participate in this electric excavator private supply project.”
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Since 2022, Ulsan City has supported a total of 6 electric excavators for individuals and corporations.
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