Purchase of Used Electric Vehicles and Conversion of Bicycles to Pedelecs
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.
This financial incentive intends to promote the use of used electric vehicles which have not benfited from any other incentive scheme and is aimed at persons residing in Malta.
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 used electric vehicles and pedelecs, and replacement of old vehicles. The grant shall support the purchase of:
- New passenger cars;
- Goods carrying vehicles;
- Quadricycle;
- Motorcycles; and
- Pedelecs.
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 €500,000.
The Incentive Details
Subject to the scheme conditions, the following grant amounts shall be paid for each used electric vehicle registered by any applicant.
| Category of Used Vehicle |
- Older than 1 day, AND - Not older than 3 months. |
- Older than 3 months, AND - Not older than 6 months. |
- Older than 6 months, AND - Not older than 36 months |
• Older than 36 months, AND • Not older than 60 months. |
|---|---|---|---|---|
| L | €1,000 | €750 | €400 | €200 |
| M1 or N1 | €8,000 | €6,000 | €3,000 | €1,000 |
Incentives to be paid when a vehicle in scrapped in conjunction with any other grant for the purchase of a used electric vehicle.
| Category of Scrapped Vehicle | Place of Registration of Scrapped Vehicle | |
|---|---|---|
| Malta | Gozoµ | |
| L (Motorcycles) | €500 | €500 |
| M1 (Car) or N1 (Van) | €1,000 | €2,000 |
µVehicle must have been registered, garaged, or licensed in Gozo prior to the 11th of October 2021.
NOTE 1: Deregistered vehicles which had benefitted from the provisions of S.L.65.24 shall not be eligible for this scrappage scheme.
NOTE 2: Vehicles must be scrapped at Authorised Treatment Facilities approved in compliance with the Waste Management (End of Life) Regulations – S.L.549.36. Destruction Certificates issued must be dated 2022 or 2023.
NOTE 3: The vehicle to be scrapped must be registered on the applicant’s name on the date of registration of the used Electric Vehicle unless it is scrapped and deregistered before such date.
NOTE 4: Applications for scrappage scheme submitted without the destruction certificate for the scrapped vehicle will be disregarded and the final grant amount will be calculated without the scrappage grant.
GENERAL NOTE: The total grant issued to applicants for any of these incentives shall not exceed the purchase price of the new electric vehicle or pedelec.
Applying for this Incentive
Applications shall be submitted either by the agent/dealer/supplier or by the purchaser after the new electric vehicles is registered by submitting application form VEH077 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 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: 24/10/2023
