RELEASE DATE:2021-09-29 17:00
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 was updated 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 2021 financial year, Korean government planned a total amount of 1005 billion won for electric vehicles subsidies, of which 525 billion won is planned for electric passenger vehicle, 400 billion won for electric trucks, and 80 billion won for electric buses. As of September 2021, there are 158 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 the policies 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 September 2021, 73 electric passenger vehicles, 29 electric trucks and 56 electric buses, a total of 158 models, were listed in subsidies catalog.
Electric Passenger Car
Type | Manufacturer/Importer | Car Model | Government Subsidies Amout (Unit: 10000 KRW) Note: 10000 KRW = 60 RMB |
Passenger Car | Hyundai Motor | Kona (Basic, PTC, Modern) | 800 |
Kona (Basic, PTC, Premium) | 800 | ||
Kona (Basic, HP, Modern) | 800 | ||
Kona (Basic, HP, Premium) | 800 | ||
Kona (Economy, PTC, Modern) | 690 | ||
Kona (Economy, PTC, Premium) | 690 | ||
Kia | Niro EV (HP, Prestige) | 800 | |
Niro EV (HP, Noblesse) | 800 | ||
Niro EV (PTC, Prestige) | 780 | ||
Niro EV (PTC, Noblesse) | 780 | ||
Niro EV (Economy, Prestige) | 717 | ||
Niro EV (Economy, Noblesse) | 717 | ||
Renault Samsung | ZOE ZEN | 702 | |
ZOE INTENS ECO | 702 | ||
ZOE INTENS | 702 |
Electric Truck
Type | Manufacturer/Importer | Car Model | Government Subsidies Amout (Unit: 10000 KRW) Note: 10000 KRW = 60 RMB |
Ultra Compact | Semicisco | D2P | 600 |
D2C | 600 | ||
Daechang Motors | go 3 | 600 | |
go 3 pick up | 600 | ||
Master Electric Vehicle | Master VAN | 600 | |
Deepico | port | 600 | |
potro-top | 600 | ||
port-to-pickup | 600 | ||
Light | Power Plaza | Labo Peace | 1,100 |
Electric Van
Type | Manufacturer/Importer | Car Model | Government Subsidies Amout (Unit: 10000 KRW) Note: 10000 KRW = 60 RMB |
Medium Size | Hyundai Motor | County Electric (128 kWh) | 5,572 |
County Electric (128 kWh, for transporting children) | 5,732 | ||
County Electric (64 kWh) | 4,297 | ||
County Electric (64 kWh, for transporting children) | 4,139 | ||
County Electric (v2 for child transport) | 6,000 | ||
County Electric (150 kWh, for transporting children) | 5,732 | ||
Woojin Industrial Systems | Apollo 750 | 6,000 | |
Apollo 750 (15 seater) | 6,000 | ||
Apollo 750 electric bus | 6,000 | ||
Large | Hyundai Motor | Electricity 256 | 8,000 |
Electric City Articulated Bus | 16,780 | ||
Electric City double-decker bus | 15,630 | ||
Electricity (ECP5224) | 8,000 | ||
Edison Motors | Ewha E-Bird (272kWh) | 8,000 | |
E-Smart (57 seater) | 7,318 | ||
E-Smart (51 seats) | 7,306 | ||
Smart 9.3 | 8,000 | ||
SMART 110 | 8,000 |
*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.
ATIC GLOBAL HOMOLOGATION RESEARCH AND VEHICLE CERTIFICATION DEPARTMENT
ATIC Automotive Regulation Research and Vehicle Homologation Product Line is dedicated to global automotive regulation research, homologation procedure research and WVTA homologation project management.
Based on ATIC digital platform, our team provides a series of automotive compliance services including market access solutions, technical review, regulation interpretation, regulation database and update, training and Q&A, etc.
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SOUTH KOREA CERTIFICATION PLEASE CONTACT
Luara Yuan
Regulatory Researcher
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.
Phone: +86 020-82510156
Mail: cs@atic-cn.com
Mail: cs@atic-cn.com