Aug 25, 2020 - 06:24 pm

Israel funds electric buses with 11.7 million euros

Israel’s Ministry of the Environment has announced subsidies of 47 million shekels (around 11.7 million euros) for the purchase of 200 new electric buses by public transport companies. This is in addition to the 80 electric buses that have been subsidised to date.

The declared goal is for every new city bus in Israel to be electric from 2025. The lion’s share of the subsidies is provided by the Ministry of the Environment itself, with 40 million shekels. Another 4 million will come from the budget of the Prime Minister’s Smart Mobility Administration and another 3 million from the Ministry of Finance.

The program will subsidise electric solo buses for urban operation with up to 250,000 shekels (around 62,000 euros), electric articulated buses with a maximum of 450,000 shekels (around 112,000 euros) and small electric buses with up to 100,000 shekels (just under 25,000 euros). According to the ministry, funds are now being made available for the purchase of small electric buses for the first time.

The Ministry of the Environment has already provided 27 million shekels to fund the purchase of the 80 electric buses.

xinhuanet.com, gov.il

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Found on electrive.com
https://www.electrive.com/2020/08/25/israel-funds-electric-buses-with-11-7-million-euros/
25.08.2020 18:22