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Guri City Offers Tax Incentives for Electric and Hydrogen Vehicle Purchases

Expansion of eco-friendly vehicle supply and reduction of citizens' purchase burden expected to lower vehicle maintenance costsUp to 1.4 million won acquisition tax reduction for electric and hydrogen vehicle purchases...Annual automobile tax maintained at approximately 130,000 won level
Exterior of Guri City Hall. (Photo=Guri City)
Exterior of Guri City Hall. (Photo=Guri City)

[Suwon Ilbo=Reporter Eom In-yong] Guri City announced on the 2nd that it is providing tax incentives for the purchase of electric and hydrogen vehicles in order to expand the supply of eco-friendly vehicles and reduce the burden of purchase costs for citizens.

According to the city, when purchasing electric and hydrogen vehicles, acquisition tax can be reduced by up to 1.4 million won, and automobile tax is maintained at approximately 130,000 won annually, which is expected to produce vehicle maintenance cost savings.

This guidance was prepared to encourage expanded use of eco-friendly vehicles and promote carbon-neutral practices, and to enable citizens to more easily understand and take advantage of related benefits.

In particular, electric and hydrogen vehicles produce no exhaust emissions during operation, which helps improve air quality by reducing fine dust, and amid the recent sustained high gas prices, they can also be expected to deliver fuel cost savings, drawing attention as a transportation option with both eco-friendliness and economic viability.

Kim Dae-beom, head of the city's Tax Management Division, said, "Eco-friendly vehicles are a means of transportation where citizens can enjoy both environmental protection and economic benefits," and added, "We hope citizens will actively utilize various support programs and benefits going forward and participate in eco-friendly practices to build a healthy Guri City."

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