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The state will pay 80% of the price of an electric car costing up to €15,000 for low-income families

For the first time, the government will help low-income families buy an electric car. The Environment and Energy Minister, Maria da Graça Carvalho, announced the scheme on 28 October during the parliamentary debate on the 2027 state budget.

The state will pay 80% of the price of a fully electric car, as long as the car costs no more than €15,000 before VAT. If you scrap an old petrol or diesel car, the limit rises to €16,000. The buyer pays the remaining 20% and the VAT. Up to 20,000 cars will be covered, and there will also be up to €1,000 towards installing a charging point.

The government has not yet said who will count as low-income, and the dates for applying are still being worked out. A separate €50 million will fund help for everyone else buying an electric car. Under the last scheme, which had €10 million, individuals could get up to €4,000 for a new electric car costing up to €38,500.

A Mobi.E public charging point for electric cars. Photo: Joao.pimentel.ferreira, Wikimedia Commons, CC BY 3.0