Portugal: Support to buy electric cars? already sold out

Deepak Gupta June 25, 2022
Updated 2022/06/25 at 10:12 PM

As you know, the Government gives incentives to those who intend to buy electric vehicles. This time, the first 1,300 Portuguese who buy an electric car and apply for the incentive will receive the money, as long as the price of the vehicle does not exceed 62,500 euros.

However, according to information from the Environmental Fund, support for electric cars has run out.

Support for the purchase of an electric car sold out in 3 months

The support given by the Government for the purchase of electric cars sold out in three months, reveals the JN. According to real-time data from the Environmental Fund, applications already exceed the limit of incentives to be granted by the guardianship. Since March, 1348 requests have been received for a limit of 1300 support. Applications for the purchase of scooters, skateboards, hoverboards, skates, monowheel, tricycles and light quadricycles have also exceeded the 1050 allowed.

Regarding the reinforcement of funds, the Ministry of the Environment told JN that "the evaluation of applications for support of 10 million euros for the acquisition of electric and smooth mobility vehicles is still ongoing, so the procedure regarding incentives is not yet closed" .

Portugal: Want support to buy an electric car?  already sold out

It should be noted that in 2017, the incentives for the acquisition of electric vehicles was "just over two million". In 2019, the value rose to three million and rose to four million in 2020. The Government's intention for this year 2022 is 10 million.

Remember that support is not only for cars, but also for commercial vehicles of companies and bicycles. The five million euros, over the course of 2022, will double."

The purpose of the environmental fund is to support environmental policies for the pursuit of sustainable development objectives, contributing to the fulfillment of national and international objectives and commitments, namely those relating to climate change, water resources, waste and the conservation of nature and biodiversity .

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