THE MOVES III PROGRAM EXTENDS ITS VALIDITY

Are you thinking of purchasing some type of electric vehicle? Have you considered installing a charging infrastructure? Well, this information is of interest to you.

The Government has approved a third extension of the MOVES III Plan, which extends its validity until June 30, 2025. Individuals, companies, entities and administrations that are interested in taking part will therefore have an additional six months to submit their applications, since the deadline for this program to support the electrification of mobility initially expired on December 31. In Catalonia, the MOVES III program has an allocation of 288 million euros and work is already underway to extend it.

The vehicle acquisition line has a budget of 154 million euros, which has led to applications for the renewal of more than 60,000 vehicles, while the one for charging infrastructure is endowed with 127 million euros, for which applications have been submitted for 22,000 new charging points. There are already more than 95,000 electric vehicles circulating on the Catalan road network. Currently, the renewal with electrified vehicles only accounts for 10% of new registrations in Catalonia.

Along these lines, the 15% deduction on Personal Income Tax (IRPF) for those who purchase an electric vehicle has also been extended until December 31 of this year.

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