• 2025.10.28 (Tue)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Synthesis

Government Increases Budget for EV Charging Infrastructure by 43% to Expand EV Supply

Desk / Updated : 2025-02-26 19:06:36
  • -
  • +
  • Print
2025 EV Charging Facility Subsidy Guidelines Finalized, Support Program to Begin Early March

The Ministry of Environment announced on the 26th that it has finalized the 2025 budget for supporting the installation of EV charging facilities at 618.7 billion won, a 43% increase from the previous year, to expand the supply of electric vehicles, and will begin the support program in early March.

375.7 Billion Won for Rapid Charger Installation, 243 Billion Won for Smart Control Slow Charger Installation

The government plans to invest 375.7 billion won in the rapid charger installation project and 243 billion won in the smart control slow charger installation project to expand charging facilities.

Subsidy Support for Chargers Adjusted to Reflect Rising Prices

The government has adjusted the subsidy support amount in consideration of rising prices such as increased charger purchase and installation costs, through discussions with the product evaluation committee composed of external advisors. As a result, the subsidy for rapid chargers (100kW) has been increased by 6 million won, and the subsidy for slow chargers (7kW) has been set at 2.2 million won. In addition, installation costs for closed-circuit television (CCTV) and thermal imaging cameras are now eligible for subsidy support.

Priority Support for Rapid Charger Installation in Densely Populated Urban Areas, Strengthened Maintenance Obligations for Charging Operators

To expand EV charging facilities, the government will prioritize the installation of rapid chargers in densely populated urban areas such as old apartment complexes and large supermarkets, and will continue to expand charging infrastructure in gas stations, highway rest areas, and logistics centers. In addition, the maintenance obligations of charging operators will be strengthened, and subsidy payments may be restricted if these obligations are not met, and will be reflected in the evaluation of the selection of business operators for the following year.

Improved Convenience of EV Charging Payment, Support for Rapid Charger Installation to be Offered through Public Bidding in March

To improve the convenience of EV charging payment, the feasibility of joint use (roaming) services and joint use fee application between charging operators will be evaluated when selecting business operators, and support for rapid charger installation will be offered through a public bidding for regional zero-emission vehicle conversion brand projects in March.

Ministry of Environment to Install Appropriate Chargers in Accordance with EV Usage Environment and Create a Safe and Convenient Charging Environment

Oh Il-young, Director of the Air Environment Policy Division at the Ministry of Environment, said, "We will expand the supply of electric vehicles by installing appropriate chargers in accordance with the EV usage environment and creating a safer and more convenient charging environment."

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #globaleconomictimes
  • #글로벌이코노믹타임즈
  • #한국
  • #중기청
  • #재외동포청
  • #외교부
  • #micorea
  • #mykorea
  • #newsk
  • #nammidonganews
  • #singaporenewsk
Desk
Desk

Popular articles

  • Korean Gold Rush Overheats as 'Kimchi Premium' Hits Dangerous Levels

  • KOSPI Sensitive to Global Headwinds Ahead of Holiday Break

  • Cocoa Futures Plunge 50% from Peak, Signaling Potential Chocolate Price Relief

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://globaleconomictimes.kr/article/1065607525697321 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • 2025 5th Trade TRASDE AHOW
  • The Curious Comfort of Companion Stones: A Respite in the Hyper-Connected Era
  • APEC Summit in Gyeongju: Charting a Course for a Sustainable Asia-Pacific
  • Geopolitics of APEC and South Korea's Quandary
  • South Korea Appoints Special Prosecutor to Probe Alleged Corruption and External Pressure in High-Profile Cases
  • Teen Prodigy Kim Hyeon-seo Makes History at Paganini Competition

Most Viewed

1
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
2
Gyeongju International Marathon Elevated to 'Elite Label' Status, Welcomes Record 15,000 Runners  
3
South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
4
Global Chip War Intensifies: Micron Woos Korean Engineers with Lucrative Offers, Up to 200 Million KRW Salary
5
Korean Gold Rush Overheats as 'Kimchi Premium' Hits Dangerous Levels
광고문의
임시1
임시3
임시2

Hot Issue

Samsung Electronics Breaks KRW 100,000 Barrier, Market Cap Surpasses KRW 600 Trillion on Lee Jae-yong's Third Anniversary

Trade Talks Hit Snag: US $350 Billion Investment Gap Clouds APEC Breakthrough

ASEAN Summit Opens in Kuala Lumpur, Addressing Trade Tensions and Transnational Crime

Kimcheon Gimbap Festival Becomes a 'Great Rush' as Crowds Swell to 150,000

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE