LIST OF GOVERNMENT SUBSIDIZED MODELS FOR ELECTRIC VEHICLE RELEASED BY SOUTH KOREAN REGULATORS

LIST OF GOVERNMENT SUBSIDIZED MODELS FOR ELECTRIC VEHICLE RELEASED BY SOUTH KOREAN REGULATORS

RELEASE DATE:2022-12-30 15:09
Brief: In order to improve the atmospheric environment and reduce greenhouse gas emissions, the MOE of South Korea formulated the Electric Vehicle Subsidy Regulations in 2012, which stipulates the performance requirements for vehicles that apply for subsidies for electric vehicle purchases. The regulation wasupdated on average every two years, the latest update was in August 2019. Vehicles that pass the electric vehicle subsidy test can be included in the subsidy catalog of South Korean regulatory agencies. In 2022 financial year, Korean government planned a total amount of 1701 billion won for electric vehicles subsidies, of which 987 billion won is planned for electric passenger vehicle, 574 billion won for electric trucks, and 140 billion won for electric buses.As of December 2022, there are 216 electric vehicle models (including electric passenger cars, trucks and buses) in the subsidy catalog.



LIST OF SUBSIDIZED VEHICLE TYPE MODELS
Since 2016, the ATIC Global Homologation Research Team has continued to track and study thepolicies and regulations of South Korea’s KMVSS, MOE, MOI, and EV Subsidy. ATIC compiled the following list of vehicle models that have listed in government subsidy catalog. As of December 2022, 84 electric passenger vehicles, 45 electric trucks and 87 electric buses, a total of 216 models, were listed in subsidies catalog.

Electric Passenger Car
Passenger Car and Mini Passenger Car-84 Model 
Division
Type
Manufacturer/Importer
Car Model
Government Subsidies Amout (Unit: 10000 KRW)
Note: 10000 KRW = 60 RMB
Passenger Car and Mini Passenger Car
Passenger Car
Hyundai Motor
Ioniq 5 2WD Long Range 20 Inch
700
Ioniq 5 2WD long range 19-inch built-in cam not applied
700
Ioniq 5 2WD Long Range 19-inch
700
Ioniq 5 AWD Range 20 inches
680
Ioniq 5 AWD long range 19 inches
696
Ioniq 5 2WD Standard 19-inch
700
Ioniq 5 AWD Standard 19-inch
671
G80 Electrified
342
GV60 Standard 2WD 19 inch
350
GV60 Standard AWD 19 inches
349
GV60 Standard AWD 20 inches
336
GV60 Performance AWD 21-inch
319
Kia
Niro (HP)
700
EV6 Standard 2WD 19-inch
700
EV6 Long Range 2WD 20 Inch
700
EV6 Long Range 4WD 20 Inch
700
EV6 Long Range 2WD 19-inch
700
EV6 Long Range 4WD 19-inch
700
EV6 Standard 4WD 19-inch
700
niro plus
700
The all-new Kia Niro EV
700
EV6 GT
310

Electric Truck
Electric truck-45 Model
Division
Type
Manufacturer/Importer
Car Model
Government Subsidies Amout (Unit: 10000 KRW)
Note: 10000 KRW = 60 RMB
Electric truck
Microminiature
Smart Solutions
D2P
600
D2C
600
Daechang Motors
Danigo 3 
600
Danigo 3 Pickup
600
Master Electric Vehicle
Master VAN
600
Master HIM
600
Defico
portro-top
600
Port-pickup
600
Jinwoo SMC
Potence
600
Light
power plaza
Labo Peace
1,000
small type
Jane Motors
Calmato EV
1055
power plaza
Bongo 3ev PEACE
1,034
Bongo 3ev PEACE Double Cap
980

Electric Bus
Electric Bus-87 Model
Division
Type
Manufacturer/Importer
Car Model
Government Subsidies Amout (Unit: 10000 KRW)
Note: 10000 KRW = 60 RMB
Electric Bus
Medium
Hyundai Motor
County Electric (33-seater v2 for transporting children)
4,391
County Electric (30-seater for transporting children)
4383
County Electric (33 seater for child transportation)
4,391
county electric
4,391
County Electric (town bus)
5,000
Woojin childbirth
aro 750
4,780
Apollo 750 (15 seater)
5,000
Apollo 750 electric bus
5,000
Ibion
E6
2539
E60L6185)
3,570
G5 Global
NEW BYD BUS-7
4357
Hanshin Motors
Barnes
2821
Viva Mobility
E-Bus 60 (106.2kWh, 303km)
3,789

V Bus 60
3,791
Edison Motors
Smart 8.7
5,000
Korean tea
GREENWAY720
5,000

For more information, please contact ATIC.

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ATIC SOUTH KOREA HOMOLOGATION SERVICES
As the first technical service company in China to carry out Korean automotive certification, ATIC has successfully provided services for many native EV OEMs. ATIC set up technical exchange mechanism and/or partnership with Korea Automotive Testing and Research Center (KATRI), Korea Transportation Pollutant Research Center (TPRC), and Korea Automotive Parts Association (KAPA). ATIC is capable to serve throughout the whole process in safety certification, environmental certification, fuel consumption label testing, subsidy evaluation testing, and KC certification.

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REGULATORY SUBSCRIPTION PLEASE CONTACT
Laura graduated from Xiamen University with MSc degree in the major of Analytical Chemistry. In ATIC she is responsible for global automotive regulation and homologation system research, focus on components global homologation solutions.
Laura Yuan
Compliance Project Manager
Laura graduated from Xiamen University with MSc degree  Laura is Compliance Project Manager in ATIC, she is responsible for global automotive regulation and homologation solution development and compliance project management.
Phone: +86 18030026228
Mail: laura.yuan@atic-cn.com