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Latvia plans to continue support for buying electric cars / Article

By Google News Motors ·

The new support programme provides support not only for the purchase of electric cars and externally chargeable hybrid cars, but also for hydrogen cars. The programme has yet to be approved by the government. It is planned to be financed in the amount of EUR 40 million. The program is expected to run until all available funding has been used up, but no longer than December 31, 2029.

The amount of support for the purchase of a car will differ slightly from that specified in the previous support program. The new support programme currently envisages support of €4,000 for the purchase of a new electric car or externally chargeable hybrid car, and €3,000 for the purchase of a used electric car.

For people who have a Latvian Family of Honour certificate (families with three or more children or families with disabled children), the amount of support ranges from €5,000 to €9,000, depending on the type of environmentally friendly car. A bonus of €2,000 will also be retained for scrapping an existing car with an internal combustion engine.

KEM pointed out that the current state support for the purchase of environmentally friendly cars has yielded high results – within the framework of the support programme, funding in the amount of EUR 30 million was made available to 6,400 residents to purchase electric cars and externally chargeable hybrid cars.

Originally published by Google News Motors