Source: Electrive

Transport Malta has launched a substantial grant scheme for the purchasing of new electric vehicles, including pedelecs, motorcycles and quadricycles, as well as cars and vans.

As part of a broader programme to incentivise uptake of electric vehicles, funds are being allocated by the Maltese goverment’s transport authority for the purchase of new electric vehicles, and for the scrappage of old vehicles.

Grants for light electric vehicles

Under the scheme, a grant of €500 is available against the purchase of pedelecs, and €2,000 against cargo pedelecs, mopeds and motorcycles (but not more than 80% of the retail price). Tricycles, quadricycles and heavy quadricycles are eligible for 25% of CIF (Cost, Insurance, Freight value), with the grants for this category starting at a minimum of €2,000 and capped at €6,000. The grants apply to new vehicles only.

Scrappage grants

People can also take advantage of the government’s vehicle scrappage grant, which pays up to €500 for mopeds or motorcycles. There are certain conditions which apply: the scrapped vehicle must be at least 10 years old on the date of scrappage; it must be licensed with Transport Malta before scrappage, or the purchase of a new vehicle; it must be destroyed at an authorised demolition facility, and a valid destruction certificate dated between 2024 and 2025 must be obtained.

A statement from Transport Malta said, “The scheme aims at reducing the number of older conventional motor vehicles from the road […] The grant will remain available until the 31st of December 2025 or until the budgeted funds are exhausted.”

More information can be found here.