When it comes to providing some island EV love, we can point to Hawaii, which has been pushing hard for greater electric-vehicle adoption through subsidies and a broader charging network. Now, South Korea has Jeju. We're not sure if the surf is as good.

Like Hawaii, Jeju is focusing on a "carbon-free" existence and lowered fossil-fuel dependency as a way to help the environment while addressing the extra expenses involved in providing fuel locally, Wards Auto says. Jeju, which is about 720 square miles, provides about $7,000 worth of EV incentives on top of those provided by the South Korean government. As a result, the cost of buying an EV can be cut in half. In the case of a Chevrolet Spark EV, going electric actually has a lower out-of-pocket price tag than buying a gas-powered counterpart on the island. South Korea's Ministry of Environment has earmarked about $14,000 in subsidies for each EV purchase, while 10 South Korean cities are adding on incentives anywhere from about $2,800 to $7,400 per vehicle.

South Korean automaker Hyundai and affiliate Kia are just starting to do their part to boost the country's EV sales, which didn't even break the 800-unit mark last year. Kia recently said it will start making its 2015 model-year Soul EV in April, with sales debuting in South Korea by the end of the year. Hyundai is said to start selling its own EV starting in 2016.


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    • 1 Second Ago
  • 4 Comments
      RoyEMunson
      • 11 Hours Ago
      In Colorado we have similar incentives. My Volt was 38,000 minus 7500 and minus 6000. So 24500 + taxes and title. I think the incentive was revised where the Volt doesnt get nearly that big of an incentive, but full EVs still do. IMO you would have to be nuts to leave that kind of money on the table, but there are still so few EVs out here.
      RoyEMunson
      • 11 Hours Ago
      In Colorado we have similar incentives. My Volt was 38,000 minus 7500 and minus 6000. So 24500 + taxes and title. I think the incentive was revised where the Volt doesnt get nearly that big of an incentive, but full EVs still do. IMO you would have to be nuts to leave that kind of money on the table, but there are still so few EVs out here.
        fairfireman21
        • 11 Hours Ago
        @RoyEMunson
        If you got the $7500 you must make REALY GOOD MONEY, because the only way to get it is to have paid in $7500 in federal income tax. You do not get it right off the top. If you only paid in $2000 that is all you get you do not think the Government will give you more than you have paid in.
      Actionable Mango
      • 11 Hours Ago
      I wonder how the island gets its electricity. That would be a nice addition to the story.