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Busan Metropolitan Announces Subsidies for Purchase of Hydrogen Fuel Cell Vehicles in 2019

By February 9, 2019

February 9, 2019

Busan Metropolitan City and its mayor recently announced that it is accepting applications for subsidies for the purchase of Hydrogen Fuel Cell Vehicles.

The plan dubbed “2019 Hydrogen Fuel Cell Vehicle Purchase Assistance Project” will promote the supply of hydrogen fuel cell vehicles.

Target for these incentives include the average citizen, corporations, companies, public institutions (in the city of Busan).

Individual applicants, corporations, can receive subsidies for up to 200 hydrogen vehicles and will permit the applicants to purchase hydrogen fuel cell vehicles and receive a subsidy of 34.5 million won ($30K U.S. Dollar)