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: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

LINKS TO PREVIOUS ARTICLES

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. 
ATIC homologation experts are nominated by European technical service and authorities covering all EU/UN regulations for M/N/O/T/L/NRMM category vehicle, system, component and separate technical unit. Authorities includes Netherlands (e/E4), Sweden (e/E5), Luxembourg (e/E13), Ireland (e/E24) and Cyprus (e/E49).
ATIC is long-term compliance and homologation service provider for GWM, GEELY, SAIC MOTOR, BYD, XPENG, NIO, RIMAC etc. top domestic and international OEMs, and HUAWEI, CATL, SVOLT, FINDREAMS etc. system and component manufactures.

SOUTH KOREA CERTIFICATION 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.
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