Hurry up because the Moves III Plan has less than 15% left for those who want to buy an electric car at a discount

The Minister of Commerce and Tourism, Reyes Maroto, has taken stock of the Moves III Plan and ensures that there are less than 126 million euros left to distribute among those who want to buy an electric car at a discount.

The official balance has been presented almost coinciding with the meeting held by the President of the Government, Pedro Sánchez, with the main representatives of the sector and in which he has advanced changes in the aid plan to, among other things, include electric vehicles occasion in the eligible list.

Moves III Plan, with 800 million euros

The third edition of the aid program for the purchase of electric cars, the Moves III Plan, came into force in mid-2021. It was endowed with 400 million euros to which the Government promised to add the same amount if the demand justified it. .

In a matter of days, the endowment was exhausted in autonomous communities such as Madrid or Catalonia that requested a capital increase, with which, at the end of November 2022, the Executive approved the increase and the total budget of Moves III was increased to 800 million euros. euro.

The Moves III Plan has less than 126 million euros left

According to data provided by Reyes Maroto, of the 800 million euros assigned to the Moves III Plan, a total of 674.63 million euros have already been spent. That means that there are 125.37 million euros left (to discount the aid that has been assigned since the last count until now).

If we translate it into percentages, we can say that, with more than nine months to go before the deadline to apply for aid for the purchase of electric vehicles, the third edition of the Moves Plan has already distributed almost 85% of the budget.

Catalonia, the autonomous community that has distributed the most aid

The official balance also shows which have been the autonomous communities that have received the most public funds, for the moment, to subsidize the purchase of a vehicle with a zero emission label.

We collect the data in the following table: