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How to obtain Portugal’s € 4000 per individual support for buying a 100% electric car?


How to obtain Portugal’s € 4000 per individual support for buying a 100% electric car? portugal news
How to obtain Portugal’s € 4000 per individual support for buying a 100% electric car? - Portugal Business News

Portugal news - How to obtain Portugal’s € 4000 per individual support for buying a 100% electric car?


Portugal has given the green light for disbursing € 10 million for subsidizing the purchase of electric cars (EVs) to support the energy transition. Out of this amount, € 5.2 million are to be allocated to individuals purchasing passenger cars that are 100% electric.


Portugal’s subsidy for buying an EV is expected to benefit 1,300 individuals who will obtain an amount of € 4,000 from the Government. This measure is also available for lease contracts that last more than 24 months and will be granted to vehicles that cost up to € 62,000.


Portugal will also subsidize the purchase of light goods vehicles that are 100% electric for an amount of € 6,000 per individual and applications are to be submitted by November 1st. Moreover, the Government will be providing subsidies for the purchase of electric bicycles and for EV charging points for condominiums.


China’s largest manufacturer of electric vehicles is about to launch its brand, BYD, in Portugal through Salvador Caetano that is the largest Iberian automotive group. The BYD brand will be selling vehicles that are 100% electrical on the Portuguese market, including SUVs and sporty sedans.





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You don't provide any information on how to obtain this incentive,, which is the very title of the article.

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