The General State Budgets (PGE) of 2021 contemplate an endowment of 445 million euros to finance the Incentive Plan for the installation of recharging points, the purchase of electric vehicles and fuel cells, as well as innovation in electromobility, recharging and green hydrogen.
According to the 2022 General State Budget project presented this Wednesday by the Government, these subsidies will be managed by the Institute for Energy Diversification and Saving (IDAE), dependent on the Ministry for the Ecological Transition and the Demographic Challenge.
The mobilization of these funds will be carried out through actions of aid and non-refundable grants or through financial investments, depending on the characteristics and needs.
The Executive of Pedro Sánchez proposes electric mobility as actions, acting in the implementation of recharging infrastructures, in the renewal of the vehicle fleet and in electromobility actions. The aid will be granted depending on the type of beneficiary and will be the maximum allowed by the regulations on State aid, prioritizing, as far as possible, the scrapping of conventional vehicles.
Among the objectives, it is established to accelerate the penetration of electric mobility, through support measures for the acquisition of electric vehicles and a plan of recharging points to support the acquisition of between 180,000 and 225,000 electric vehicles plug-in connections and between 90,000 and 110,000 new charging points by 2023, with a clear sign of progressive continued incorporation from 2023 to meet the 2030 goals.
The Government estimates that in the General Budgets for the year 2023, 340 million euros will be allocated to sustainable mobility, adding a total of 2,000 million in investment from 2020.
This action contributes to the Recharge and Refuel flagship, contributing through a combination of regulatory measures or reforms, investments and clear signals in the short, medium and long term, to the deployment of recharge infrastructure in the country and the European Union.
Aid for large fleets
All this after the Government announced a new aid program, the Large Fleet Moves, at the Automobile de Barcelona for companies that renew fleets of more than 500 vehicles in the scope of more than one autonomous community with a budget of 50 million in 2021, expandable in 2022 and 2023.
These grants are in addition to Singular Moves Program II, which will distribute 100 million for innovative electric mobility projects, and the Moves III Plan, which will distribute 400 million euros, expandable to 800 in direct aid for sustainable mobility.
In the same way, both the President of the Government and the Minister of Industry, Commerce and Tourism have confirmed that the call for the Strategic Project for the Recovery and Economic Transformation (Perte) of the Electric and Connected Vehicle (VEC) is being accelerated and that it will be published before the end of the year with a total planned investment of 24,000 million for the period 2021-2023.
The VEC loss which will have a public contribution of 4,300 million and they plan to mobilize private investments amounting to 19,700 million, aims to create the necessary ecosystem for the manufacture of electric vehicles and connected to the network and turn Spain into the ‘hub’ of Europe of electromobility.