Subsidy per vehicle

Last updated: 5 November 2017
- Subsidy per vehicle (2016, 2017) (unit : KRW)
- [government] BEV 14,000,000, PHEV 5,000,000, HEV 1,000,000, FCV 27,500,000
- [local] additional 3,000,000-12,000,000 ('16 : 3,000,000~8,000,000) - In 2015, the Korean government has spent 30,000 million KRW on PHEV purchase subsidies, and 15,000 million KRW in 2016 (30,000 and 30,000 for HEVs, respectively) - In 2015, the Korean government has spent 80,000 million KRW on BEV purchase subsidies, and 105,000 million KRW in 2016
End uses covered
  • Transport end-uses
  • Private passenger transport