Government extends grant scheme on electric vehicle purchases
Government extends the current grant scheme on the purchase of electric vehicles to include registered NGOs and Private Companies
Transport Malta has announced that it would be extending the current scheme in the form of a grant to incentivise the purchase of battery electric vehicles and battery electric quadricycles. This decision had been taken in conjunction with the Ministry for Transport and Infrastructure.
Transport Malta said that this scheme was aimed at reducing the number of old motor vehicles on the road, while promoting the use of clean and energy efficient vehicles as a way to contribute towards the reduction of traffic generated pollution and improvement of air quality levels.
“Subject to various conditions, the grant is divided in three combinations and besides being applicable to individuals, it has now been extended to registered NGOs and the business community as indicated in the scheme itself,” Transport Malta said.
According to Transport Malta, a grant of €4,000 will be given to persons registering an electric car and €1,500 to those registering an electric quadricyle.
“The grant shall increase from €4,000 to €5,000 in cases of persons registering a Battery Electric Vehicle while at the same time opting to de-register another internal combustion engine propelled vehicle which is at least 10 years old from the year of its manufacture,” it added.
“The scheme is also open to both new and second hand Battery Electric Vehicles which should not exceed 12,000 km on the odometer and would not be more than 24 months old.”
The company announced that applications would be handled on a first come first served basis.
The initiative was made by the Ministry for Transport and Infrastructure and Transport Malta as part of Government policy to promote the use of clean and energy efficient vehicles.
Over the last few years the government had published its policy to promote the introduction of electromobility in Malta with the publication of the Malta National Electromobility Action Plan (MNEAP) and the set up of the Malta National Electromobility Platform (MNEP).
“Besides the promotion for the use of electric vehicles in Malta and facilitation of market entry and penetration of the latest technologies being introduced on the European and International markets, the Government has also embarked on a phased approach to install the necessary infrastructure to compliment the use of these vehicles,” Transport Malta said.