Government subsidy for electric vehicle purchase South Korea 2020, by model

In 2020, the highest amount of government subsidy for electric vehicle purchase was paid for a few models including Hyundai's Kona and Kia's Niro. That year, the South Korean government's support as a one-time purchase subsidy for an electric vehicle reached up to 8.2 million South Korean won.

Amount of government subsidy for electric vehicle purchase in South Korea in 2020, by model

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Source

Release date

January 2020

Region

South Korea

Survey time period

2020

Special properties

passenger cars only

Supplementary notes

Note: 1,000 South Korean won equal 0.84 U.S. dollars and 0.77 euros (as of February 2020).
Figures have been rounded.

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Statistics on "Electric vehicles in South Korea"

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