Hwaseong City Provides Subsidies for Electric and Hydrogen Vehicle Purchases...Total Project Scale of 49.2 Billion Won

[Suwon Ilbo=Reporter Park Chan-hyuk] Hwaseong Special City announced on the 17th that it will implement an eco-friendly vehicle (electric and hydrogen) supply project in 2025 to reduce greenhouse gases and improve air quality.

This year's purchase subsidy support will cover a total of 5,710 vehicles: 4,724 sedans, 620 cargo vehicles, 10 vans, and 356 hydrogen vehicles, with a total project scale of 49.2 billion won including national and municipal funds. In the first half of the year, the city plans to supply 3,314 sedans, 438 cargo vehicles, and 9 vans, while 356 hydrogen vehicles will be supported annually.

Subsidy support is available to individuals and corporations who have continuously resided in Hwaseong City for at least two months as of the application date and who register their vehicle's place of business address as Hwaseong City after delivery. The basic subsidy for vehicle purchases varies by vehicle type: maximum 8.61 million won for sedans, maximum 23.61 million won for cargo vehicles, and a fixed 35 million won for hydrogen vehicles.

Starting this year, additional subsidies beyond the basic amount will be expanded. Young people aged 19 to 34 who purchase an electric sedan as their first vehicle can receive an additional 20% of the national support amount.

Additionally, households with two or more children aged 18 or younger who purchase an electric sedan will receive differentiated additional support based on the number of children: 1 million won for two children, 2 million won for three children, and 3 million won for four or more children.

Furthermore, when scrapping old electric vehicles with outdated BMS (Battery Management System) safety functions that cannot be updated and repurchasing an electric sedan, an additional 2 million won in national funds will be provided. For electric taxi purchases, an additional 2.5 million won in national funds and 1 million won in municipal funds will be provided, and for electric cargo vehicles, an additional 10% of national support will be provided when purchased by farmers or used as delivery vehicles.

Detailed information regarding additional subsidies and support amounts by vehicle type can be found on the Hwaseong City Hall website's notices and announcements section or on the Zero Emission Vehicle Integrated Website.

Those wishing to receive subsidy support should complete a vehicle purchase contract, prepare an application form, and have the manufacturer or importer submit purchase support application documents and supporting documentation to the Zero Emission Vehicle Integrated Website.

Oh Je-hong, Director of the Environmental Division, stated, "The city is actively promoting eco-friendly vehicle supply projects with the goal of improving air quality and achieving carbon neutrality," adding, "We will spare no effort in supporting more citizens to use eco-friendly vehicles through this project."