New or Used Plugin Hybrids and Used Electric Vehicles
This financial incentive intends to further promote the use of new or used Plugin Hybrid vehicles and used electric vehicles in Category M and N, and is aimed at:
- Persons residing in Malta;
- Local Councils;
- Voluntary organisations (including NGOs); and
- Undertakings established in Malta.
This incentive allows a mix and match of purchase of new or used Plugin Hybrid vehicles and/or used electric vehicles, and replacement of old vehicles. The grant shall support the purchase of:
- Passenger cars;
- Goods carrying vehicles;
- Minibuses; and
- Coaches.
The grant includes a scrappage scheme intended to provide further financial support to applicants who, while purchasing and registering a new or used Plugin Hybrid or a used electric vehicle, deregister a vehicle of any category which is older than 10 years from its year of manufacture.
The budgeted funds for this scheme amount to €3,400,000.
The Incentive Details
Grant amounts to be paid for each new or used Plugin Hybrid vehicles and used electric vehicles in category M and N purchased by eligible applicants.
| Vehicle Type and Category |
Grant Amount | |
|---|---|---|
| 1 | New Plugin Hybrid M1 (Car) / N1 (Van). | €11,000 |
| 2 | New Plugin Hybrid M2 (Minibus) / N2 (Small Truck). | 40% of Invoice value, capped at €40,000 |
| 3 | New Plugin Hybrid M3 (Coach) / N3 (Truck). | 40% of Invoice value, capped at €200,000 |
| 4 | Used Plugin Hybrid/Electric M1 / N1 – Older than one day and not older than 2 months. | €8,000 |
| 5 | Used Plugin Hybrid/Electric M1 / N1 – Older than 2 months but and not older than 6 months. | €4,000 |
| 6 | Used Plugin Hybrid/Electric M1 / N1 – Older than 6 months but and not older than 36 months. | €2,000 |
| 7 | Used Plugin Hybrid/Electric M1 / N1 – Older than 36 months but and not older than 60 months. | €1,000 |
NOTE: Invoice value is the value of the vehicle being registered, as indicated in the respective invoice.
NOTE: The de minimis Regulations and the respective thresholds shall apply when grants are issued to undertakings established in Malta or voluntary organisations which carry out any economic activity.
The maximum quantity of grants that may be issued under this incentive shall vary by type of applicant, as follows:
- Person residing in Malta: 2 grants;
- Local Councils and Voluntary Organisation that do not carry out an economic activity (including NGOs): 10 grants;
- Voluntary Organisation that do carry out an economic activity (including NGOs): 10 grants; and
- Undertakings established in Malta: 10 grants.
Grant amounts to be paid when a vehicle in scrapped in conjunction with any other grant for the purchase of a new or used Plugin Hybrid vehicles and used electric vehicles in category M and N.
| Category of Scrapped Vehicle | Place of Registration of Scrapped Vehicle | ||
|---|---|---|---|
| Malta | Gozo* | ||
| 1 | L (Motorcycles) | €500 | €500 |
| 2 | M1 (Car) or N1 (Van) | €1,000 | €2,000 |
| 3 | M2 (Minibus) | €20,000 | €21,000 |
| 4 | N2 (Small Truck) | €5,000 | €6,000 |
| 5 | M3 (Coach) | €30,000 | €31,000 |
| 6 | N3 (Truck) | €10,000 | €11,000 |
| 7 | Any category, but without registering another vehicle within 1 year of scrappage (otherwise grant shall be refunded). | €500 | €500 |
* Vehicle must have been registered, garaged or licensed in Gozo prior to the 11th of October 2021.
NOTE1: The de minimis Regulations and the respective thresholds shall apply when grants are issued to undertakings established in Malta or voluntary organisations which carry out any economic activity.
NOTE2: In order to be eligible for this scrappage scheme, the deregistered vehicle shall be from the same or lower category as the new Electric Vehicle being registered. However, when an applicant registers a new category L vehicle, the applicant may deregister a vehicle from category L or M1 or N1 and still be eligible for the scrappage scheme grant.
NOTE3: Deregistered vehicles which had benefitted from the provisions of S.L.65.24 shall not be eligible for this scrappage scheme.
GENERAL NOTE: The grant amounts applicable for special purpose vehicles (SP1) shall be established based on the vehicle’s maximum permissible mass and the corresponding limits for Category N vehicles.
Applying for this incentive
An application for a grant under this scheme shall be made either by the agent/dealer/supplier or by the purchaser by submitting application form VEH051 along with any information, details and documents required therein. The purchaser of the vehicle shall be considered as the ultimate applicant in terms of this scheme.
Applications shall be accompanied by the following documents:
In the case of an application within the scope of the State Aid rules explained in section 2, the de minimis Declaration VEH071.
A licensed dealer or car agent purchasing any of these vehicles for showroom and sales purposes may apply for the grant but on re-selling such vehicle, the buyer will not be eligible for any grants, including the used grant.
Applications under this scheme, together with all the relevant documents, shall be submitted by the applicant during working hours or mailed to Transport Malta’s Driver and Vehicle Licensing Unit (DVLU). For opening hours and addresses refer here.
Page last updated: 11 March 2022
