Excluding subsidies for expensive electric vehicles such as Tesla Model S… The lower the price, the better↑

50% for 60 to 90 million won, 0% for over 90 million won… Reflected in battery efficiency subsidies

Hydrogen commercial vehicle fuel subsidy introduced this year “The restrictions on Tesla support are in accordance with the law”

Kia Ceed Wagon PHEV named'Best Car' by Swedish automobile magazine
Kia Ceed Wagon PHEV named’Best Car’ by Swedish automobile magazine

(Seoul = Yonhap News) Kia Motors’ rechargeable hybrid electric vehicle Seed Wagon Plug-in Hybrid (PHEV) was recently selected as the ‘2021 Best Car’ by Technikens Bartz, a famous European automobile magazine. The picture is Kia’s Seed Wagon PHEV. 2021.1.7 [기아차 제공. 재판매 및 DB 금지] [email protected]

(Seoul = Yonhap News) Reporter Eun-kyung Kim = Starting this year, subsidies will be differentially paid according to the price of electric vehicles, and electric vehicles with high battery efficiency will receive more subsidies.

On the 8th, the government held an innovative growth BIG3 (system semiconductor, future car, biohealth) promotion meeting at the government office in Seoul and confirmed the’reorganization plan for the pollution-free car purchase support system’.

In accordance with the 2050 Carbon Neutral Declaration, innovative measures to reduce greenhouse gas emissions are required, and as the global automobile market is reorganized to focus on electric and hydrogen vehicles, the government has prepared this reorganization plan to accelerate the transition to pollution-free vehicles.

◇ Expansion of supply base for popularization of pollution-free vehicles

Strengthen support for high-efficiency vehicles to improve the performance of pollution-free vehicles and to induce price reduction.

In order to provide more subsidies to electric vehicles with high battery efficiency, the percentage of mileage in the subsidy was reduced from 50% to 40%, and the ratio of fuel consumption (km/kH), which is considered an indicator of battery efficiency, increased from 50% to 60%. do.

In addition, in order to improve the problem of performance degradation in winter, incentives of up to 500,000 won will be given to energy-efficient vehicles with excellent driving distances at low temperatures (-7°C) compared to room temperature (23°C).

Local subsidies are also differentiated in proportion to the government subsidies calculated based on electric vehicle performance.

In the case of hydrogen cars, the subsidy support unit price is maintained at 22.5 million won, considering that it is in the early stages of supply.

In addition, subsidy support standards are differentiated for each price segment. The intention is to induce price cuts by increasing support for mass-priced vehicles.

Vehicles with more than 90 million won are excluded from the application, and only 50% of the calculated amount is provided for less than 60 million to 90 million won.

For less than KRW 60 million, the full amount is paid.

[표] Subsidy support standard for each electric vehicle price section

Price range Application criteria Applicable model (example)
More than 90 million won Exclusion of support (0%) Tesla Model S, Mercedes EQC, Audi e-tron, etc.
KRW 60~90 million
under
50% support Tesla Model 3 (LR, Performance), BMW i3, etc.
Less than 60 million won Full support for the calculated amount Hyundai Kona, Kia Niro, Tesla Model 3 (Standard), Renault Samsung ZOE, GM Korea Volt, Peugeot, etc.

In addition, performance subsidies provided to vehicles of companies subject to the’Low-Emission Vehicle Distribution Target System’ will be differentially supported according to the target achievement rate.

Accordingly, last year, 200,000 won was paid to the target vehicle, but this year, in addition to 200,000 won, an additional amount of 100,000 to 300,000 won will be given.

For micro-cars with high demand for small self-employed and small business owners, the subsidy will be increased from 512 million won to 6 million won, and the quantity will be allocated to SMEs separately.

The subsidy support amount is also allocated to participating companies, including leasing/rental cars and K-EV100 (a public declaration that the vehicle will be converted to 100% pollution-free vehicles by 2030) to accelerate the corporation’s conversion to pollution-free vehicles.

Hydrogen buses appearing in downtown Seoul
Hydrogen buses appearing in downtown Seoul

(Seoul = Yonhap News) Reporter Jongchan Han = On the afternoon of the 15th, an eco-friendly hydrogen bus stops at a stop near Cheonho Station. The city of Seoul announced on the 14th that it plans to supply 1,000 eco-friendly hydrogen buses and build 11 charging stations by 2025. 2020.12.15 [email protected]

◇ Hydrogen commercial vehicles This year’s bus pilot project, expanded to taxis and freight cars in 2023… Government “Limited Tesla support is not discrimination

The government decided to increase the supply of electric buses to 1,000 units, but to reduce the subsidy for large buses from KRW 100 million to KRW 80 million, reflecting the trend of vehicle price cuts. The minimum self-pay for buyers was set at 100 million won.

[표] Electric bus subsidy support standard (unit: 1 million won)

division 2020 year 2021 (plan)
price
(A)
subsidy
(B)
Actual purchase price
(AB)
price
(A)
Minimum self-pay subsidy
(B)
Actual purchase price
(AB)
Low cost model 300 290 10 300 100 200 100
General model 380 290 90(+80) 380 100 250(+50) 130(+30)

In order to expand the supply of electric taxis, the subsidy will be increased to 10 million won, and the amount of support for electric trucks will be increased to 25,000 units.

In the case of hydrogen buses, the subsidy support unit price (government and local expenses each 150 million won) is maintained, but the amount of support will be expanded from 60 to 180 units.

Subsidies for the promotion of the hydrogen truck pilot project (state and local expenses of 200 million won each) will also be established.

In addition, fuel subsidies for commercial hydrogen vehicles will be introduced to buses, taxis, and trucks that are eligible for subsidies for oil prices.

This year, a pilot project was started for buses, and after being introduced to buses in 2022, it will be expanded to taxis and trucks in 2023.

Subsidies are paid equal to the difference in fuel cost between hydrogen vehicles and conventional vehicles.

The unit price of the hydrogen bus subsidy was calculated at 3,500 won/kg.

In addition, to stabilize the electric motorcycle market, the supply volume will be expanded from 11,000 to 20,000 units, and the subsidy for small electric motorcycles will be maintained at 2.6 million won.

The guidelines were announced at the end of last year, and the final draft will be announced on the 21st after collecting opinions by the 19th of this month.

By next month, the Passenger Vehicle and Freight Vehicle Transportation Business Act will be amended to lay the groundwork for the payment of fuel subsidies for commercial hydrogen vehicles.

Meanwhile, prior to this announcement, there was a controversy that Tesla was being excluded from the low-emission vehicle dissemination target system and suffered disadvantages. “No.”

The Ministry of Environment said, “This system is applied only to companies with a certain size or higher sales volume in accordance with the Air Conservation Act, but Tesla does not meet the sales volume.” It will be carefully reviewed in consideration of equity with the participating companies,” he added.

[email protected]

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