Hwaseong City to Accept Applications for 2022 Electric Vehicle Subsidies Starting Next Month 2nd

[Suwon Ilbo=Reporter Jung Jun-sung] Hwaseong City announced on the 25th that it will begin accepting applications for '2022 electric vehicle subsidies' starting from next month 2nd.

This year's support covers approximately 1,900 vehicles, approximately 2.45 times more than last year, and will be provided in two rounds during the first and second half of the year.

The subsidy is up to 10.5 million won depending on vehicle type. For entry-level electric vehicles under 55 million won, 100% support is provided; for vehicles between 55 million won and 85 million won, up to 50% support is provided.

For vehicles under 55 million won that were reduced in price compared to last year, an additional 30% of the reduction amount, up to 500,000 won, will be supported.

The application period extends until the budget is exhausted. Citizens, business owners, organizations, and corporations residing in Hwaseong City can apply through the Zero Emission Vehicle Integrated Portal (https://www.ev.or.kr).

10% of this year's electric passenger vehicle subsidies have been allocated for taxis. An additional 5 million won is supported for electric vans for children's school transportation, and an additional 500,000 won is supported when ultra-compact passenger and cargo vehicles are purchased for transfer or tourism purposes within specific areas.

Additionally, when small business owners and households classified as near-destitute or below purchase electric cargo vehicles, an additional 10% of national funding, up to 1.78 million won, will be supported.

Meanwhile, the city provided total subsidies of 13.307 billion won to 586 passenger vehicles, 174 cargo vehicles, and 30 buses last year.