A draft bill for subsidies supporting purchases of electric cars, scooters, bicycles and recharging units is set for publication in the government gazette today ahead of a needed ministerial decision, probably next week, and the launch of a related platform for applicants, expected in August.

Prospective buyers of electric vehicles and rechargers do not need to wait until the platform is launched. If all criteria are met, buyers can proceed with purchases whose outlay will be deemed valid for subsidy support, energy ministry sources told energypress.

However, buyers will need to promptly lodge their subsidy applications to the platform once it is launched, probably within August, to secure their subsidies.

Just like the “Saving at Home” subsidy program for domestic energy efficiency upgrades, electromobility subsidy applications lodged to the platform will be processed in chronological order until the program’s budget, totaling 100 million euros for one and a half years, has been fully absorbed.

Some 16,000 to 17,000 applications – for electric cars, exclusively – would be enough to fully cover the 100 million-euro amount offered.

A big response and swift absorption of funds is likely to lead to the release of further subsidies supporting the electromobility sector.

The government announced a series of incentives early in June with the aim of invigorating the electric car, scooter and bicycle market. The public’s response to the platform will serve as a crucial indicator on the appeal of these incentives.

Electric car purchases of up to 30,000 euros are expected to be subidized by 20 percent, while a lower subsidy rate of 15 percent is planned for purchases exceeding 30,000 euros.