Portugal to boost EV grants as demand surges

Portugal to boost EV grants as demand surges

The Portuguese government is planning to inject fresh cash into its popular electric vehicle (EV) grant scheme, after a flood of applications quickly used up this year’s budget. Environment Minister Maria da Graça Carvalho stopped short of confirming an exact figure, but said it would be ‘interesting’ to at least match last year’s amount — €13.5 million. The current round of funding… Source

Borzen has published in the Official Gazette a public call for co-financing the purchase of electric vehicles for individual entrepreneurs and natural persons with activity. The Ministry of Environment, Climate and Energy has allocated an approximate 1.25 million euros for this, applications will begin to be accepted on April 22.

The Borzen company has today published a public call in the Official Gazette for co-financing the purchase of electric vehicles for sole proprietors and natural persons with an activity. The Ministry of the Environment, Climate and Energy has allocated approximately 1.25 million euros for this, and applications will begin to be accepted on April 22.