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Budget 2025 Highlights (7)

Neville Gafa

~ 3 weeks ago

Budget 2025 Highlights (7)

The government is planning to extend the scheme incentivizing the purchase of new electric vehicles, offering grants of up to €2,000 for motorcycles and €8,000 for vehicles and small vans.

 

In addition, other schemes supporting environmentally friendly transportation, including electric bikes, pedelecs, and ekickscooters, will also be prolonged.

 

The continuation of exemptions from registration tax and annual road license fees for electric vehicles and plug-in hybrids with a range of at least 50km will be in effect for 5 years post-registration.

 

A national strategy on cycling as an alternative mode of transport is on the horizon, accompanied by investments in an Intelligent Traffic Management System.

 

Moreover, a substantial €310 million over 10 years has been allocated for high-quality water supply projects in compliance with European Directives, and the construction of a new waste management facility for mixed bulky waste separation is scheduled to commence shortly.

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Neville Gafa

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