Electric and hydrogen car purchase support budget increased by 32% compared to last year
Hong Nam-ki “Double ↑.. 25,000 electric trucks supported”
In the News Reporter Eun-Shil YooㅣThe government expands the budget for purchasing electric and hydrogen cars to KRW 1.4 trillion. Considering the rapid reorganization of the automobile market centering on electric and hydrogen vehicles, it was decided to increase the purchase support budget by 32% compared to the previous year.
On the 8th, Hong Nam-ki, Deputy Prime Minister of Economy and Ministry of Strategy and Finance, said, “We will expand the budget for purchasing electric and hydrogen cars by 32% to 1.4 trillion won to 136,000 units.” “Support for electric trucks with a large environmental impact is 25,000 units. We plan to provide intensive support, such as doubling the number.”
Deputy Prime Minister Hong said at the second innovative growth BIG3 (system semiconductor, future car, biohealth) promotion meeting held at the government building in Seoul on the same day, “In consideration of the rapid reorganization of the global automobile market centering on electric and hydrogen cars, the domestic market is also supported for purchase. The expansion and reorganization of the system was urgent, so we came up with measures to improve the system.”
The way the subsidy is calculated also varies. We changed the subsidy support criteria for each vehicle performance and price.
Deputy Prime Minister Hong said, “When calculating subsidies, we increase the proportion of fuel consumption (50%→60%), and local subsidies are also converted from flat to differential payments according to vehicle performance.” It is differentiated by% to reduce vehicle prices and induce the promotion of low-end models.”
Subsidies for micro electric trucks will also be expanded to support small and medium-sized businesses and small business owners. The subsidy standard will be raised from 512 million won to 6 million won.
Deputy Prime Minister Hong Nam-ki said, “We will expand the subsidy unit price for electric taxis to a maximum of 10 million won.” “As a pilot project, we will accelerate the conversion of pollution-free vehicles to commercial vehicles with great environmental improvement effects, such as the establishment of a subsidy for hydrogen trucks and the introduction of a fuel subsidy for hydrogen buses I said.