New Introduction of the "Electric Vehicle Transition Subsidy"
Jeongeup-si is set to fully launch its “2026 Eco-Friendly Vehicle Supply Project,” investing a total budget of 4.4 billion won in the first half of the year to distribute 243 electric and hydrogen vehicles in order to reduce greenhouse gases and fine dust and protect citizens’ health. The first-half supply volume consists of 140 electric passenger cars, 83 electric trucks, and 20 hydrogen electric vehicles, for a total of 243 units.
By vehicle type, subsidies will be provided up to 12.1 million won for electric passenger cars and up to 17.5 million won for electric trucks, while hydrogen vehicles, which are a single model type, will receive a flat subsidy of 34.5 million won. In particular, this year the city has newly introduced an “Electric Vehicle Transition Subsidy.” Individuals who have owned an internal combustion engine vehicle such as a diesel car for more than three years and scrap their existing vehicle to purchase an electric vehicle can receive up to an additional 1.3 million won, which is expected to ease the financial burden of replacement for citizens.
In addition, separate quotas and extra support benefits will be allocated to priority groups such as households with multiple children, young people purchasing their first car in their lifetime, vulnerable groups, small business owners, and farmers. Furthermore, priority will also be given to taxi drivers and parcel delivery truck operators, whose long driving distances have a significant impact on fine dust emissions, in order to maximize the effect of improving air quality.
To apply for the subsidy, prospective buyers must first sign a purchase contract with a vehicle manufacturer or importer. The manufacturer or importer will then submit the application on their behalf through the Zero-Emission Vehicle Purchase Subsidy System. Beneficiaries will be selected in the order of vehicle delivery and registration, and applications may close early once the budget is exhausted.
Mayor Lee Haksoo of Jeongeup-si said, “We hope many citizens will take advantage of various benefits, including the Electric Vehicle Transition Subsidy, and join in switching to eco-friendly means of transportation,” adding, “We ask for your great interest and participation in making Jeongeup a sustainable eco-friendly transportation city and a clean city.”
For more detailed information, please refer to the announcement on the Jeongeup City Hall website or the Ministry of Environment’s Zero-Emission Vehicle Integrated Portal.
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