GS Global BYD 1-ton Electric Truck T4K Discounts KRW 10 Million to Additional Subsidies
Feb 16, 2025
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Since the launch of T4K, which improved various convenience specifications and marketability reflecting market voices in 2023, sales in 2024 have more than tripled compared to the previous year, recording remarkable growth. In order to continue these achievements and repay customers' interest, GS Global will strengthen support benefits to reduce the burden on T4K purchasing customers again this year.
First of all, according to the 'Electric Vehicle State Subsidy by Vehicle Type' announced by the Ministry of Environment, the state subsidy for T4K decreased slightly from 4.62 million won last year to 3.76 million won. Local government subsidies vary from region to region, but are set at an average of about 2.17 million won, with small business owners and vulnerable people receiving an additional 30% of the national treasury, and couriers and farmers receiving an additional 10% of the national treasury. In addition to government subsidies, GS Global plans to provide additional GSG subsidies depending on customer purchase regions and circumstances to ease the burden on customers due to reduced subsidies.
In addition, in order to lower the burden on purchasing customers, it also provides an immediate discount of 10 million won for the purchase of 2024 T4K cargo and freezer car models. Through this, if 3.76 million won in state coffers, 2.17 million won in local governments, 1.13 million won in small businesses, additional GSG subsidies and 10 million won in immediate discounts are applied on a national average, customers can purchase at about 16.9 million won, and they can purchase at a lower price depending on the local government and qualification.
We have come up with unconventional support measures to help more customers receive greater benefits for the new year of 2025, a GS Global Mobility Division official said. "We will continue to proactively respond to market demands and take the lead in creating eco-friendly mobility."
Meanwhile, GS Global is providing various customer benefits to minimize customer burden and revitalize the eco-friendly truck market by not passing on the burden of reducing subsidies to consumers.
Editor Kim Tae-jin, tj.kim@carguy.kr
This article was translated by Naver AI translator.
