Are you thinking about buying a car in 2025? Then this information is likely to interest you. The Government continues to support those who decide to invest in a new vehicle, through financial incentives and tax benefits that can significantly reduce the acquisition cost. Some of this support reaches 6.000 eurosbut few know how they work or who can apply.
According to the Salto blog, from Banco Santander, the electric mobility incentive program. created in 2017 and managed by the Environmental Fund of the Ministry of the Environment, it was renewed for 2025, maintaining financial contributions and tax benefits for both individuals and companies.
State support for individuals
100% new electric cars continue to benefit from a direct incentive of 4,000 euros, as long as the retail price does not exceed 38,500 euros (VAT included), or 55,000 euros in the case of vehicles with more than five seats.
To receive support, it is mandatory to scrap a combustion vehicle over 10 years old, of the same type (M1). Each beneficiary can only apply for one support per person. Eligible expenses must have been incurred on or after January 1, 2025.
According to the blog, support increases to 5,000 euros in the case of IPSS, local authorities or transport authorities, up to a limit of four vehicles per entity.
Incentives for goods vehicles and loaders
In the case of electric goods vehicles, the incentive is 6,000 euros per unit, limited to two vehicles per beneficiary. The total allocation for 2025 is 2 million euros.
There is also support for installing chargers in multi-family condominiums connected to the Mobi.E network: the State contributes up to 80% of the cost, with a limit of 800 euros per charger and 1,000 euros for electrical installation. The aid covers one charger per condominium and up to ten per condominium, with the Environmental Fund also supporting electricity grid tariffs for 24 months.
Tax benefits: ISV and IUC exempt
100% electric vehicles are exempt from ISV (Vehicle Tax) and IUC (Single Circulation Tax). This exemption, provided for in the respective tax codes, represents a significant saving, especially considering that the ISV is calculated based on emissions and engine capacity.
Furthermore, companies that invest in electric fleets are entitled to specific tax deductions.
Incentives for companies and tax deductions
Companies can apply for the same support of 6,000 euros per new electric vehicle, up to a maximum of two units per beneficiary. The incentive is valid for both direct purchase and financial leasing with a minimum duration of 24 months.
According to the Salto blog, companies also enjoy exemption from Autonomous Taxation, full VAT deduction on the acquisition and charging of electric vehicles up to 62,500 euros and acceptance of depreciation as a tax-deductible expense. These advantages are provided for in the IRC Code and the VAT Code and only apply to 100% electric or plug-in hybrid vehicles within the limits defined by law.
How to ask for incentive
Applications are made online, through the Environmental Fund’s application desk, and are open for 45 days from March 31, 2025, or until the available funds are exhausted. Payment of the incentive is made by bank transfer, after validating the request and submitting the required documents.
Requirements include: certificates of no debt to AT and Social Security, proof of purchase (or leasing contract), invoice with chassis number and proof of registration.
A bet that is here to stay
The electric mobility incentive policy is one of the central measures of the national strategy to reduce emissions and accelerate decarbonization. With the ban on new combustion cars from 2035, the financial and tax aid in force in 2025 represents an opportunity for those considering change.
And, according to , the scenario is clear: the sooner the transition is made, the greater the economic and environmental benefit will be.
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