Spain Reactivates EV Subsidy Scheme Moves III with €400 Million Boost, Retroactive from January

Spain Reactivates EV Subsidy Scheme Moves III with €400 Million Boost, Retroactive from January

Spain has reactivated its electric vehicle (EV) subsidy programme Moves III, retroactive to January 2025, and injected an additional €400 million to fund the scheme through the end of the year, the government announced on Friday. The renewed subsidy programme provides up to €7,000 for individuals purchasing battery-electric or hydrogen cars, while commercial vehicles are [...] The post Spain Reactivates EV Subsidy Scheme Moves III with €400 Mill…

According to a recent study, the vast majority of Spaniards are unaware of the existence of the MOVES III Plan, the state aid program for the purchase of electric vehicles.

Change of car or access to owning a first vehicle requires a significant outlay of money, so any financial aid will always be well received. And that’s precisely what Plan Moves 3 does, which can be hosted by pure electric cars and plug-in hybrids, as well as 100% electric motorcycles. The problem comes when Alphabet says that 74% of Spaniards do not know the existence of these buying aids, which has already been confirmed to be active until 31 …

On 1 April, the Government announced the extension of the MOVES III Plan until December 2025, with retroactive effects since January, to boost the electrification of the car park, including self-employed drivers or distributors. However, progress is slow: the share of vehicles electrified fell in 2024 perhaps because 74% of Spaniards do not know the aid and prices of cars rose 30% since the pandemic. Although the measure aims to be an incentive …