Spain announces new e-mobility subsidy programme Moves III

After Spain’s government recently expanded the budget for its e-mobility subsidy programme Moves II from 100 to 120 million euros, the successor programme Moves III has now been officially presented and came into force today.

The budget for Moves III is initially 400 million euros and will cover the period until the end of 2023. If the need arises, however, this can be increased to up to 800 million euros.

The purchase of an electric car is now subsidised with 7,000 euros, provided that a vehicle more than seven years old is scrapped in connection with the purchase. Without scrapping, the amount of the subsidy per electric car is up to 4,500 euros. Plug-in hybrids are also subsidised with up to 7,000 euros. There are criteria both types of drive must fulfil, however: The electric range must be at least 90 kilometres for the maximum subsidy, and the subsidised car must not cost more than 45,000 euros (net). If it has 8 or 9 seats, the upper price limit is 53,000 euros (net). Fuel cell cars also receive a subsidy of up to 7,000 euros.

But not only passenger cars are subsidised, as electric transporters also receive a state subsidy. This is at a maximum of 9,000 euros if an old vehicle is scrapped. The subsidy applies to BEVs, PHEVs and also FCEVs. There is no upper price limit. Only the electric range must be at least 30 kilometres. Battery-electric vehicles of class L6e receive up to 1,600 euros and electric vehicles of class L7e even up to 2,000 euros. However, vehicle classes L3e (e-motorcycles, etc.), L4e and L5e also receive funding of up to 1,300 euros. However, these must not cost more than 10,000 euros (net).

In addition, the Moves III programme aims to improve the charging infrastructure, especially in low-density areas. Municipalities with less than 5,000 inhabitants will therefore receive a subsidy of an additional 10 per cent for charging stations from the central government. But electric vehicles will also receive an additional 10 per cent subsidy.

Moves III comes into force with immediate effect, but the predecessor programme Moves II also remains valid for the time being. This means that the buyer of a new electric car must decide which of the two programmes he wants to use.

The aim of the support programme is to get at least 250,000 electric vehicles on Spain’s roads and 100,000 charging points by the end of 2023.

reuters.com, explica.co, amoncloa.gob.es, idae.es (PDF in Spanish)