KR hubs

Electric Truck Purchase Subsidy: Who Qualifies and What You Get

Learn how to get a direct subsidy of up to 15 million KRW when you purchase a new electric commercial truck.

This scheme provides financial support to help people transition from traditional fuel vehicles to electric commercial trucks.

Who it's for

This program is designed for anyone looking to buy a brand-new electric commercial truck.

What you get

You can receive a direct subsidy ranging from 10 million KRW to 15 million KRW to help offset the cost of your new vehicle.

What it costs you

There is no direct fee mentioned to access the subsidy, but you must complete your purchase through an authorized dealer to be eligible.

The catch to know

The exact amount of money you receive is not fixed nationwide; it varies depending on your local government, so you must check with your specific district to see what they offer.

How to apply

  1. Visit an authorized vehicle dealer.
  2. Inquire about the current subsidy rates for electric trucks in your specific district.
  3. Complete the purchase process through the dealer to ensure eligibility.
  4. Follow the dealer's guidance to finalize the subsidy paperwork.