Spain To Subsidise Electric Car Sales With 800 Million Euros To 2023

0
54


Private buyers would be entitled to subsidies of up to 7,000 euros per car, while authorities in small towns and companies buying fleets to use as taxis could get more.



expandView Photos

Buyers of electric vans would get up to 9,000.

The Spanish government has approved a plan to spend up to 800 million euros ($950 million) until 2023 to encourage electric car sales, the Energy Ministry said on Friday.

Private buyers would be entitled to subsidies of up to 7,000 euros per car, while authorities in small towns and companies buying fleets to use as taxis could get more. Buyers of electric vans would get up to 9,000. The bonus scheme will start from Saturday, the ministry said.

0 Comments

The incentives follow announcements earlier this year of government plans to promote the domestic production of battery-powered cars as well as car batteries.

For the latest auto news and reviews, follow carandbike.com on Twitter, Facebook, and subscribe to our YouTube channel.





Source link NDTV.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here