Thursday 2 August 2012

Malta to offer EV subsidies


The government will be offering a 25% grant, up to a maximum of €4,000, on the purchase of electric vehicles (M1 category – meaning passenger vehicles comprising no more than eight seats), and it plans to reduce the vehicle licence from €75 to €10,  introduce preferential parking for EVs and install up to 100 charging points across Malta and Gozo.

It will cost €2 million and will be part-funded by the EU’s Life+ programme. Two calls for tenders have been published for the purchase of 24 electric vehicles will be used during the course of the project.