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How to apply for EV subsidies. standards and status. Electric vehicles are more expensive than internal combustion engine vehicles of the same class, so subsidy support has a decisive effect on purchase. The government subsidy, which was able to receive up to 8 million won last year, has been reduced to 7 million won this year, and the maximum amount of support for each local government has also decreased, but it is said that you can still receive about 10 million won.
Electric vehicle subsidies lowered the upper limit of subsidy support by section to foster low-end vehicles (models), last year 100% less than 60 million won, 50% less than 60 million won to 90 million won, 90 million won or more unsupported, and this year 100% less than 55 million won , 50% support for less than 5,500 to 8,500 won, and it is said that it will change to unsupported for more than 8,500 won.
In this post, we will look at how to apply for electric vehicle subsidies, standards and current status.
Subsidies differ by region, so even for the same model, the price differs by region. Electric vehicle subsidy is a combination of national and local subsidies, and local subsidies are determined in proportion to the national subsidy calculated according to fuel economy and mileage. This is because each local government has a different maximum subsidy amount.
To talk about the upper limit of electric vehicle subsidy right away, in order to receive 100% subsidy, it is possible if it is less than 55 million won from 2022.
Please take a look at the “Emission-Free Vehicle Purchase Subsidy Support System” below for more details.
Subsidies are limited by vehicle type depending on vehicle performance (fuel economy, mileage) and atmospheric environment improvement effect. Corporate volume is limited to 20%.
First, sign an electric vehicle purchase contract and submit an application for electric vehicle purchase support. The local government selects and notifies the target after review. In addition, if you complete the electric vehicle subsidy application 10 days before the vehicle release and registration date, the subsidy will be paid within 14 days. The amount to be paid to the automobile company when the vehicle is released is the amount excluding the subsidy.
Among electric vehicle subsidies, in the case of Tesla, it seems difficult to receive all subsidies because the price range is not touching in the case of high-end models.
As of 2022, in the case of Tesla Model 3, the cheapest price to buy is 61.59 million won, so you cannot receive 100% subsidy support.
Please see the electric vehicle subsidy payment status below.
Above, how to apply for subsidies for electric vehicles. We looked at standards and status.
Please check various information through the post below.
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