Bosnia and Herzegovina subsidises EV purchases
The government of the Federation of Bosnia and Herzegovina has earmarked about half a million euros to promote the purchase of electric and hybrid vehicles this year. Unlike last year, businesses can now also benefit from the scheme.
The total subsidies of one million marka will be divided equally between private individuals and companies, with 500,000 marka each. BEV drivers can apply for 10,000 marka – or 5,100 euros. For the purchase of a PHEV, the government will contribute 7,000 marka and 5,000 marka for a full hybrid.
Citizens and businesses can apply for the grants until 11 December 2023 or until the budget is exhausted. Since the distribution among the three drive types is flexible, it is hard to say how many cars will be subsidised. If only full hybrids were considered, the cash would suffice for up to 200 vehicles. If only BEV were eligible, the funding pot would be empty after only 100 cars.
In 2022, the Federation of Bosnia and Herzegovina also allocated 1 million BAM in grants for the purchase of new electric and hybrid vehicles. However, last year the funding was reserved exclusively for private individuals.
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