Romanian Govt Mulls Giving EUR5,000 Incentives To Electric Car Buyers

Romania’s Environment Ministry is working on a government emergency decree whereby the Government would grant incentives to people buying electric cars, to cover the price difference between regular and electric vehicles, which is currently of abut EUR5,000.

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Imaginea articolului Romanian Govt Mulls Giving EUR5,000 Incentives To Electric Car Buyers

Romanian Govt Mulls Giving EUR5,000 Incentives To Electric Car Buyers

Environment Minister Laszlo Borbely had a meeting Wednesday morning with officials of France's Renault, which owns Romanian carmaker Dacia, and discussed ways for authorities to encourage the sale of electric vehicles.

Borbely said the Government could encourage the sale of electric vehicles by subsidizing car purchases for public institutions and through the cash for clunkers program. The ministry is planning to pay up to a quarter of the price for an electric vehicle.

"The price difference between an electric car and a regular one with similar capacities is of about EUR5,000, so we thought institutions that have old cars they wish to scrap within the clunkers program could get six vouchers per clunker and buy electric cars instead," said Borbely, adding the exact procedure would be established in the emergency decree.

The minister said another option is for the Government to subsidize up to a quarter of the price for electric cars in case the respective public institution has no old cars to scrap.

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