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Gwangju to provide subsidies for electric vehicle buyers

광주시올해 전기차 1400대 보조금 지원

Gwangju to provide subsidies for electric vehicle buyers

 

Gwangju citizens who are willing to buy electric vehicles will be able to receive support funds from the city government.

 

Gwangju City government said it will receive applications for 1,400 electric vehicles from the 22nd of this month.

 

So far, 3,667 electric vehicles have been subsidized by the city since 2013 to improve air quality and reduce fine dust and greenhouse gas emissions.

 

Any Gwangju residents who are registered for more than three months as well as businesses located in the city are eligible to apply for support.

 

Subsidies will be provided depending on the size of vehicles. Electric cars will receive 5.3 million won to 13 million won while 9 million won to 26 million won will be provided for electric cargo vehicles, and 1.2 million won to 3.3 million won for electric motorcycles.

 

Subsidized buyers are required to operate the vehicle for two years in accordance with the Enforcement Rules of the Air Quality Conservation Act.

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