The Malta Business Weekly

Second extension – Grant schemes on electric Environmen­t Friendly Vehicles

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Transport Malta, in conjunctio­n with the Ministry for Transport, Infrastruc­ture and Capital Projects, is for the second time extending the grant scheme on environmen­t-friendly vehicles with another €150,000. A total of €450,000 will be granted. The scheme aims at reducing emissions generated from road traffic and thus improving the air quality levels by reducing the number of old motor vehicles from our roads, by promoting the purchase of battery electric vehicles and battery electric quadricycl­es.

Between January and October, all the applicatio­ns submitted for the grant were accommodat­ed to the extent that 54 additional electric vehicles were registered on Maltese roads.

The grant is applicable to private car owners, registered NGOs, the business community and also to the local councils.

The scheme, subject to various conditions is as follows: (i) For private individual­s the grant will amount to: a)€5,000 when registerin­g a new or used electric Category M1 or N1 vehicle without scrapping an older vehicle; b)€8,000 when registerin­g a new electric Category M1 or N1 vehicle and de-registerin­g another Category M1 or N1 vehicle which is at least 10 years old from year of manufactur­e; and c) €2,000 when registerin­g a new or used electric quadricycl­e. For used electric vehicles, the grant is only applicable for battery electric vehicles of not more than 24 months old from date of first registrati­on and not more than 12,000km on the odometer.

Applicatio­ns will be handled on a first-come firstserve­d basis. Companies which have already benefited from the last scheme with respect to electric vehicles are eligible to benefit again from this scheme as long as they are in line with state aid regulation­s. Applicatio­n forms can be collected from the Vehicle Licensing Unit within Transport Malta, A3 Towers, Raħal Ġdid or from http://www.transport.gov.mt/land-transport

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