This financial incentive intends to further promote the use of new electric vehicles in Category L, M and N and pedelecs, and is aimed at:
The Ultimate Beneficiary Owner of the applicant shall be considered as the ultimate beneficiary of any grant issued under these financial incentives.
This incentive allows a mix and match of purchase of new electric vehicles and pedelecs, and replacement of old vehicles. The grant shall support the purchase of:
The grant includes a scrappage scheme intended to provide further financial support to applicants who, while purchasing and registering a new electric vehicle or pedelec, deregister a vehicle of any category which is older than 10 years from its year of manufacture.
The budgeted funds for this scheme amount to €15,000,000.
The following grant amounts shall be issued to the applicant when the following types of vehicles are registered and depending on their propulsion type. If you experience difficulties to view the table below, you can download it from here.
Type of vehicle | Electric | Petrol/LPG |
---|---|---|
Pedelecs (pedal electric bicycles whose electric motor, the rating of which cannot exceed 250W, is activated as soon as the rider starts pedalling and is deactivated as soon as the rider stops pedalling, and which can reach a maximum speed of 25km/h.) | €500 | €200 |
Applicants for this grant submit form VEH 057 with all required supporting documents at the Driver and Vehicle Licensing Unit In Paola or Ħal Lija.
Applications submitted by Registered Companies and Partnerships, Voluntary Organisations with an economic activity, Self-Employed, and Cooperatives shall also include the State Aid Declaration form VEH 71. In such cases and in line with the de minimis Regulations, the total amount of state aid granted to a single undertaking or organisation under this scheme and any other de minimis scheme, shall not exceed in the aggregate €200,000 (or €100,000 in the case of a single undertaking performing road freight transport for hire or reward) over a rolling three fiscal year period.
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When applying for this grant, the following supporting documents are required