Transport Malta re-opens Grant Scheme on the Purchase of New Environment-Friendly Vehicles for the third time
Following the success of the scrappage scheme launched last January 2017, Transport Malta is extending this scheme for the third time. Another €500,000 has been allocated.
Transport Malta will be receiving further applications for the Grant which will be processed on a first come first serve basis. The initiative is aimed to encourage people to dispose of their old vehicles and to invest in new cars with lower emissions.
1,072 vehicles have already benefitted from this scheme amounting to €900,000.
The amount of the grant is either €700 or €900. The grant will be given upon the purchase of a new Category M1 motor vehicle and a grant of €3,000 upon registering a new Category M1 motor (plug in Hybrid Electric vehicle) with CO₂ emissions between 0-50g/km and a grant of €2,000 upon registering a new Category M1 hybrid vehicle with CO₂ emissions between 51-65g/km that qualifies for the grant scheme whilst at the same time de-registering a vehicle in the same category. Terms and conditions apply.
The scheme in the form of a grant to incentivise the purchase of Battery Electric Vehicles and Battery Electric Quadricycles is still applicable.
Application for the scheme is available from Transport Malta, Vehicle Licensing Unit, A3 Towers, Raħal Ġdid between 07:30hrs and noon or from http://www.transport.gov.mt/land-transport. Further details may be obtained from Transport Malta on tel. 8007 2393.