Valencia, the Basque Country, Navarra, the Canary Islands and Aragon will be the communities that will receive an extension of the Moves III Plan, the program to promote the purchase of electric vehicles and the installation of recharging infrastructure. According to data provided by the Executive to Five daysthe increase in funds announced last week by the Prime Minister, Pedro Sánchez, will amount to a total of 101.47 million euros, of which 42% will go to the Valencian Community.
This quantity adds to the increase that the Government had already announced in Aprilwhen it increased the Moves III games for Madrid, Castilla y León, the Balearic Islands and Cataloniathis last the community that has received the most money of this incentive plan, with more than 131.17 million. It is followed, far behind, by Madrid, with 87.9 million, and Valencia, with 85.26 million.
In total, to date, Plan Moves IIIwhich had an initial budget of 400 million, has been expanded by more than 226.39 million. This amount may continue to increase in the coming months in the event that more autonomous communities request it, since the Government, when it approved Moves III, left the door open for it to be expanded by 400 million more.
So are the aids
The Moves III Plan provides grants of up to 7,000 euros to those who want to buy an electric car and scrap one that is more than seven years old. In case of not scrapping an old car, the aid remains at 4,500 euros.
For electric vans, the aid amounts to 9,000 euroswhile for electric motorcycles the amount is 1,300 euros, as long as, as in passenger cars, the customer scraps a vehicle that is more than seven years old.
In addition, the plan includes aid for the installation of charging points. Thus, the Moves III covers up to 70% of the cost of installing recharging points for the self-employed, individuals, communities of owners and local entities that do not carry out business activity.
For their part, companies will be able to cover 35% of the cost of public access recharging infrastructures with a power greater than or equal to 50 kW, and 30% of the cost of infrastructures for private or public use with powers less than 50 kW.
The vehicle cannot exceed 45,000 euros
The Moves III Plan establishes limits on the price of eligible vehicles for this aid program. In the case of passenger cars, the maximum price to receive the subsidy is 45,000 euros without VAT and 53,000 euros in the event that it is a vehicle with between eight and nine seats. For electric motorcycles, the maximum price is 10,000 euros.
In addition to electric cars, plug-in hybrids with ranges of between 30 and 90 kilometers can also benefit from the plan. For these vehicles, the amount of aid amounts to 2,500 euros, an amount that can reach up to 5,000 euros in the event that the client scraps a car that is more than seven years old.
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