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There are two subsidies for electric vehicles: government subsidies and local government subsidies. Therefore, if you add the government subsidy + local government subsidy, it becomes the total electric vehicle subsidy you receive.
The maximum amount of government subsidies has been reduced from 7 million won to 6.8 million won.
For the 2023 electric vehicle government subsidy, 100% of the price of an electric car is less than 57 million won, 50% of the subsidy is paid from 57 million won to less than 85 million won, and the subsidy is not paid for electric vehicles exceeding 85 million won.
The maximum amount of government subsidies for mid- to large-sized electric passenger cars is KRW 6.8 million, and for small electric passenger cars, up to KRW 5.8 million can be received.
However, even if the price of the vehicle is less than KRW 57 million, there are cases in which you may not receive 100%. Starting this year, 20% subsidy will be provided differently depending on the follow-up management capabilities of Jeju companies. In other words, if there is a direct service center like Hyundai or Kia Motors, you can receive a lot of subsidies, and if there are not enough service centers like foreign cars, the subsidy will be reduced by up to 20%.
Electric vehicle subsidy status is different in real time for each local government. Please check it out at the link below.
EV subsidy status
The amount of subsidy from the local government. Since local government subsidies are paid on a first-come, first-served basis, the subsidies may have been exhausted depending on the period.
Go to State Treasury Subsidies by Region
For the g80, you can receive subsidies of 3.37 million won, gv60 from 3.11 million won to 3.40 million won, ev6 6.8 million won, ionic 5 6.8 million won, and ionic 6 6.8 million won. The government subsidy is different for each amount of vehicle. Check out the state subsidies for vehicles below.
After Ctrl + F, search for a vehicle model.
After checking the recruitment announcement, sign an electric car purchase contract. After that, the place of purchase will receive an application for electric vehicles. After checking the qualifications, we check the reasons for disqualification, whether it is possible to ship within 2 months, etc. If there are no disqualifications, you can receive the vehicle after notification of subsidy support confirmation.
Electric vehicle subsidies are divided into government subsidies and local government subsidies.
The national subsidy is up to 6.8 million won, and the local government subsidy varies depending on the region where you live. Please check the detailed amount in the text.
Above, we learned about electric vehicle subsidies.
