Transport Malta have announced the launch of a new scheme covering the purchase of electric vehicles in Category L, M and N and pedelecs.
The following categories can avail themselves of the scheme:
- Individuals residing in Malta;
- Local councils;
- Voluntary organisations (including NGOs); and
- Undertakings established in Malta.
This incentive allows a mix and match of purchase of new electric vehicles and pedelecs, and replacement of old vehicles and can be used to purchase the following:
- New passenger cars;
- Goods carrying vehicles;
- Motorcycles; and
The grant includes a scrappage scheme intended to provide further financial support to applicants who, while purchasing and registering a new electric vehicle or pedelec, deregister a vehicle of any category which is older than 10 years from its year of manufacture.
How to apply for the scheme
An application for a grant under this scheme shall be made either by the agent/dealer/supplier or by the purchaser. The purchaser of the vehicle shall be considered as the ultimate applicant in terms of this scheme.
In the case of an application within the scope of the De Minimis State Aid rules the State Aid Declaration is also required.
A licensed dealer or car agent purchasing any of these vehicles for showroom and sales purposes may apply for the grant but on re-selling such vehicle, the buyer will not be eligible for any grant, including the used grant.
How we can help
Our professionals are ready to answer all your questions and support you in the preparation of the documents required to access the grant and follow up on the application. Get in touch with us now using the contacts below.