Spain subsidising electric mobility with €45 million

madrid-symbolbild-pixabay

The Spanish government has adopted the new edition of its electric mobility subsidy programme. The new package, called MOVES, came into force on 16 February with a budget of 45 million euros. The focus is on promoting electric vehicles and charging infrastructure.

For example, the programme offers subsidies for the purchase of electric vehicles and plug-in hybrids, if a combustion motor vehicle at least ten years old is decommissioned. Then Spain grants 5,500 euros (+ 1,000 euros dealer bonus) for purely electric cars, but their list price may not exceed 48,400 euros.

This limit also applies to plug-in hybrids. They are eligible for grants depending on the electric range, and Spain offers 2,300 euros (up to a zero-emission range of 31.9 km), 3,600 euros (32 to 71.9 km) or 6,500 euros (from 72 km). These figures already include the dealership bonus. However, only a few PHEV models are below the maximum price stipulated in the subsidy programme.

Up to 700 euros are available for electric motorcycles and 15,000 euros for the purchase of trucks and buses with alternative drive systems (including natural gas).

Subsidies are also granted for the development of public and private charging infrastructure, specifically 30 or 40 per cent of eligible costs up to 100,000 euros.

It is down to Spain’s distribution 17 regions (Comunidades autónomas) to coordinate the funding programme. Madrid gave them the mandate that between 20 and 50 per cent of the funds must be invested in the purchase of alternative vehicles and between 30 and 60 per cent in the development of charging infrastructure for electric vehicles. Eligible to apply are individual citizens as well as companies, municipalities and public institutions.

xataka.com, sinetec.cl (both in Spanish)

0 Comments

about „Spain subsidising electric mobility with €45 million“

Leave a Reply

Your email address will not be published. Required fields are marked *