This incentive allows a mix and match of purchase of new electric vehicles and pedelecs, and replacement of old vehicles. The grant shall support the purchase of: New passenger cars; Goods carrying vehicles; Minibuses; Coaches; Quadricycle; Motorcycles; and. Pedelecs.
For a comparison of the average price to drive 100km with an electric vehicle and with a conventional vehicle, check here. This incentive allows a mix and match of purchase of new electric vehicles and pedelecs, and replacement of old vehicles. The grant shall support the purchase of new: Passenger cars; Goods carrying vehicles; Minibuses; Coaches;
Electric vehicles and plug-in hybrids with an electric autonomy of 50km or more will remain exempt from registration tax and annual road license fees for five years from the date of first registration.
A quiet revolution in new energy vehicles is unfolding in Malta. The Minister for Transport recently announced an exciting plan to launch a €15 million financial incentive scheme specifically for the purchase of new electric vehicles (EVs) and motorcycles, including the latest pedelecs.
The Maltese government is now setting a goal for the electrification of vehicles to reach 65,000 within 90 months (up to 2030). Malta committed to the 2034 ICE (Internal Combustion Engine) cutoff date, with the possibility to push forward even sooner
IMPORTANT NOTICE This Grant Scheme for the Purchase of New Electric Vehicles shall apply ONLY for vehicles registered and licensed in Malta by 31st December 2024, or ordered by the 28th of October 2024.
The information included in this page is meant to provide information about this incentive scheme, without prejudice to any provision in the respective scheme as published on the government gazzette, downloadable here.
*For guidance on applying for this grant, kindly refer to this brochure.
IMPORTANT: Read and understand the Scheme Conditions explained in this webpage before applying.
This financial incentive intends to further promote the use of new electric vehicles in Category L, M and N and pedelecs, and is aimed at:
The Ultimate Beneficiary Owner of the applicant shall be considered as the ultimate beneficiary of any grant issued under these financial incentives.
For a comparison of the average price to drive 100km with an electric vehicle and with a conventional vehicle, check here.
This incentive allows a mix and match of purchase of new electric vehicles and pedelecs, and replacement of old vehicles. The grant shall support the purchase of new:
The grant includes a scrappage scheme intended to provide further financial support to applicants who, while purchasing and registering a new electric vehicle or pedelec, deregister a vehicle of any category which is at least 10 years old from its year of manufacture.
The budgeted funds for this scheme amount to €15,000,000.
NOTE 1: CIF value refers to the Cost, Insurance and Freight Value, as indicated in the respective invoice.NOTE 2: Invoice value is the value of the vehicle being registered, as indicated in the respective invoice.
¶The difference between the cost of the new electric vehicle and that of an equivalent conventional vehicle.¢‘small enterprise’ means an enterprise which employs fewer than 50 persons and whose annual turnover and/or annual balance sheet total does not exceed 10 million Euro;¥‘medium enterprise’ means an enterprise which employs fewer than 250 persons and which has an annual turnover not exceeding 50 million Euro, and/or an annual balance sheet total not exceeding 43 million Euro, and which is not a small enterprise.§‘large enterprise’ means an enterprise which is not a medium or small enterprise.
GENERAL NOTE 2: Incentives 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.
GENERAL NOTE 3: The total grant issued to applicants for any of these incentives shall not exceed the purchase price of the new electric vehicle or pedelec.
Undertakings (i.e. companies, partnerships, cooperatives, sole-traders, voluntary organisations with an economic activity and any othwer business organisation) may submit applications under this scheme in accordance with 2 different state-aid rules - the DeMinimis* and GBER**. The grant calculations and related details for these 2 options are explained above.
The DeMinimis rules set a threshold to the public funds that any single undertaking may receive as state aid, from any public entity in Malta, over a period of 3 years. The applicable threshold depends on the economic sector, as listed below:
Applicant undertakings may apply under the DeMinimis State Aid Rules if:
Ap are not fixed, as in the case of De Minimis*, but need to be calculated as explained in the previous section.
Applications under the GBER rules shall be submitted in 2 parts:
Any new electric vehicle or pedelec purchased by the applicant under this grant shall remain registered in the applicant’s name for a period of at least thirty-six (36) months from the date of first registration.
If the owner of a new electric vehicle or pedelec on which a grant has been issued under this scheme transfers the said vehicle before the expiry of the above-mentioned period, then that person shall refund the grant received from Transport Malta.
The refund mentioned above shall not be required in the following circumstances:
In the eventuality that a new electric vehicle on which a grant is issued under this scheme is involved in an accident following which it has to be scrapped, no refund shall be required from the applicant, as long as the vehicle is not transferred to a third party before it is scrapped and deregistered.
For all above cases, the transaction(s) of vehicles and, where applicable, funds, shall be certified by means of a formal document describing the transaction(s), signed by all parties involved and countersigned by a notary. Document shall be submitted to the Authority for approval.
In the case of new electric vehicle registered in 2023 for which no application for a grant was submitted, the new 2024 application form must be used.
Paper applications under this scheme, where applicable, 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.
*Depending on the sector of activity of the applicant, the De Minimis rules stipulated in Commission Regulation (EU) No. 1408/2013, Commission Regulation (EU) No. 717/2014 or Commission Regulation (EU) No. 2023/2831 shall apply.**Commission Regulation (EU) No. 651/2014 of 17 June 2014 declaring certain categories of aid compatible with the internal market in application of Articles 107 and 108 of the Treaty, as amended.
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