Pyeongtaek Launches 'Electric Vehicle Distribution Project for 2025'

[Suwon Ilbo=Park Chan-hyuk] Pyeongtaek City announced on the 23rd that it is promoting the '2025 Electric Vehicle Distribution Project' as part of efforts to accelerate responses to climate crisis and the realization of carbon neutrality.

The city has allocated 13.9 billion won in purchase subsidy support budgets for electric vehicles (passenger and cargo) and approximately 1,786 units, accepting first-half applications until June 30. The program may close early if the budget is exhausted.

Eligible applicants include △individuals aged 18 or older with continuous residential registration in Pyeongtaek for at least one month from the date of subsidy application △sole proprietors with residential registration in Pyeongtaek △corporations and enterprises with business locations in Pyeongtaek, etc.

Subsidy applications are processed through automobile dealerships. After a purchase contract is made at a dealership, the dealership proceeds with the application through the Eco-Friendly Vehicle Integrated Website.

This project also provides additional benefits for certain groups. For electric passenger vehicles, youth buyers (aged 19 to 34) purchasing their first vehicle can receive an additional 20% of national funds. Multi-child households raising two or more children aged 18 or younger can receive an additional 1 to 3 million won in national funds.

When purchasing electric cargo vehicles, small business owners receive an additional 30% of national funds, and farmers receive an additional 10% respectively.

The city plans to accelerate the transition to a sustainable carbon-neutral city by not only improving air quality through expanded electric vehicle distribution.

For more details, check the Pyeongtaek City website announcements or the Eco-Friendly Vehicle Integrated Website (www.ev.or.kr).