Car purchase subsidies, reduce usage costs
In Seoul (South Korea), the city government decided to increase electric vehicle subsidies in 2026, combining both central and local budgets.
According to EVmagz, each eligible car can receive up to 7.54 million won (about 5,600 USD), with the goal of supporting more than 22,000 cars in the year.
This is a step that shows that South Korea not only aims to reduce emissions, but also proactively stimulates electric vehicle consumption, creating momentum for the market in the context of increasingly fierce technology competition. Increasing subsidies also helps reduce cost barriers - a key factor that makes people hesitant to switch.
Meanwhile, in the United Kingdom, 2026 is forecast to continue to be the year of acceleration for electric vehicles. According to EV Infrastructure News and FleetPoint, the British government increased the allowance for installing chargers at home and at work to 500 pounds (about 630USD), thereby significantly reducing costs for users.
Along with that is the rapid expansion of public charging infrastructure, while AI technology is applied to optimize battery and smart charging, helping to reduce operating costs to only about 2 cents per mile with home charging. The UK's policy shows a comprehensive approach: Not only subsidizing car purchases, but also reducing usage costs - a decisive factor in the long-term sustainability of green transformation.
Subsidy for electric vehicle conversion, expansion of charging stations, electric buses
India is making efforts to electrify public transport, solving the "last mile" problem. In New Delhi, the government deploys 500 small electric buses (about 7 meters long) to improve the "last mile" connection - the distance from the main transit station to residential areas.
According to the Times of India, this type of small bus is more flexible in crowded neighborhoods, helping people access public transport more conveniently. This is an important step because if the final stage is not resolved, people will still tend to use personal vehicles.
This reality shows that electrification is not only limited to private cars but must spread to public transport - where the impact of emission reduction is much greater.Global trends are also clearly reflected in Vietnam.
In many major cities such as Hanoi and Ho Chi Minh City, green transformation is being promoted through piloting and expanding electric buses; building and operating electric train lines; encouraging electric taxis, electric technology vehicles; building more charging stations in residential areas, shopping centers; researching roadmaps to tighten emissions from old vehicles...These moves show that Vietnam is gradually approaching a model similar to previous countries: combining domestic policies, businesses and changing consumer behavior.
In 2025, VinFast - a pioneering electric vehicle enterprise in Vietnam - recorded breakthrough growth when handing over 17,509 cars and 406,453 electric motorbikes, continuously setting unprecedented sales records in the market. This result shows that the trend of shifting to electric vehicles is taking place strongly, as electric vehicles are no longer a test choice but are increasingly becoming a priority vehicle for consumers.
According to experts, green transformation cannot just rely on market self-adjustment. The government must play a constructive role - from subsidies, tax incentives, expanding charging infrastructure to electrifying public transport. Electric vehicles are shifting from "pioneering" choices to "popular" choices. When costs decrease, infrastructure is completed and policies are synchronized, this wave will spread further.
For Vietnam, the challenges ahead are not small: It is necessary to ensure clean electricity sources, synchronously plan charging infrastructure and have a reasonable roadmap for old vehicles. But if opportunities are well utilized, green transformation is not only an environmental story, but also a driving force for the development of new industries and restructuring urban transport in a modern and sustainable direction.
