Yongin Special City to Provide 32.5 Million Won Subsidy for Hydrogen Vehicle Purchases

[Suwon Ilbo=Park No-hun Reporter] Yongin City has decided to expand its subsidy support for new hydrogen electric vehicles, providing subsidies for 233 vehicles this year. This represents an approximately 51.2% increase from the 154 vehicles supported last year.

Eligible vehicles are limited to the Hyundai Nexo for passenger vehicles, with a total subsidy of 32.5 million won per vehicle, comprised of 10 million won in city funds and 22.5 million won in national treasury subsidies.

Support is available to individuals, corporations, and organizations with registered addresses in Yongin City for at least three months prior to subsidy application. The vehicle must be registered with Yongin City as its primary residence upon initial registration.

For individuals, only one vehicle per household is permitted, meaning those from the same household cannot receive subsidies if another household member has already received one. Corporations and organizations may apply for up to five passenger vehicles or three buses.

The city plans to prioritize 10% of available vehicles for people with disabilities, basic livelihood security recipients, multi-child households, first-time vehicle buyers, those purchasing eco-friendly vehicles after scrapping old diesel vehicles, and wounded patriotic service personnel.

Applications begin on the 14th of this month.

The application process involves signing a vehicle purchase contract at an authorized automobile dealer, completing the application form and consent form, and registering through the Low Emission Vehicle Purchase Support System (www.ev.or.kr).

Purchasers should note that depending on vehicle value, they may be excluded from eligibility for basic pension or disability pension benefits and rental housing residency qualifications, requiring separate verification with relevant agencies.

For more information, contact the City Climate and Energy Division (031-324-3155) or refer to the city hall website's announcements and notices.

A city official stated, "This is an opportunity to reduce the financial burden for citizens wishing to purchase hydrogen electric vehicles, and we anticipate many applications. Going forward, we will continue to develop various policies to expand the distribution of eco-friendly vehicles befitting Yongin's status as an eco-friendly ecological city."