Electric Vehicle Smart Control Chargers Increase from 23,000 to 95,000
Electric Passenger Car Subsidies Decrease from 4 Million to 3 Million Won

1.2 Trillion Won Invested in Electric Vehicle Fire Prevention...100 Million Won Reduction in Subsidies [2025 Budget Plan] View original image

The government will invest 1.2 trillion won to prevent electric vehicle fires. It plans to increase the distribution of chargers that prevent overcharging and accelerate the development of fire response technologies. Although the subsidy for electric vehicles will be reduced by 1 million won, the number of vehicles eligible for the subsidy will increase by 7,000 units.


On the 27th, the Ministry of Economy and Finance announced the 2025 budget plan containing these details. The government increased the budget for expanding smart control chargers for electric vehicles from 327.5 billion won this year to 618.8 billion won next year, aiming to increase the number from 23,000 to 95,000 units. Twenty thousand outdated chargers that have been in use for over five years will be replaced, and approximately 51,000 new chargers will be installed.


Six unmanned fire suppression vehicles will be newly introduced, and an additional 9.2 billion won was allocated to increase the number of large-capacity water cannon systems for complex fire response from two to three. Investment in research and development for technologies such as lithium battery fire response was expanded from 3.9 billion won to 12.9 billion won. Equipment such as suffocation fire extinguishing covers, mobile assembly water tanks, penetrating water cannon devices, and electric vehicle fire suppression equipment dedicated to passenger ships will also be introduced.


The budget for zero-emission vehicle distribution projects decreased from 2.3193 trillion won to 2.2631 trillion won. Subsidies for electric vehicles were reduced from 4 million won to 3 million won for passenger cars and from 11 million won to 10 million won for cargo vehicles. However, the number of electric vehicles eligible for subsidies will increase from 332,000 units this year to 339,000 units. Considering demand, the subsidy target for hydrogen passenger cars and buses was increased from 8,550 units to 13,020 units.


The water environment budget was increased from 4.864 trillion won to 5.1373 trillion won. A budget of 3 trillion won was allocated for urban flood response and water quality improvement, including maintenance of aging sewer pipelines, sewage treatment plants, and smart sewage management systems. A total of 281.8 billion won will be invested in public wastewater treatment facilities and buffer storage facilities in industrial complexes, and 107.9 billion won will be spent on upgrading aging pipelines and expanding metropolitan water supply systems.



Additionally, budgets were allocated for incineration and recycling landfill facilities (235.2 billion won), livestock manure treatment facilities (116.7 billion won), activation of green policy finance (54 billion won), and coastal maintenance (82.9 billion won).


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing