Late last year, Flemish Mobility Minister Lydia Peeters threw out a lifeline for those looking to get connected. A bonus was then proposed, according to which private individuals purchasing an electric car would be reimbursed up to 5,000 euros from 2024. The bonus will run for three years, with the maximum amount falling to €4,000 in 2025 and €3,000 in 2026, but the government must now revert to the latter option.
one year with possibility of extension
In the new agreement, the budget for the premium for electric vehicles has been thoroughly revised. For example, initially 20 million will be allocated for 2024, and another 55 million for the next two years, but this amount has now been adjusted to a total of 26 million. This will likely only be enough to fund the award for one year, with the possibility of continuing thereafter if the budget allows. According to Mobility Minister Lydia Peeters, this should ensure that everyone who applies for the bonus in 2024 can count on a refund without exception, and if the bank's 26 million subsidy is not enough, it promises to allocate more money for this.
Speaking of applying, the digital counter for the Flemish EV Prize will open on Monday 12 February. From now on, those who have purchased or will purchase an electric vehicle in 2024 will be able to officially apply for a refund. As a reminder, this amounts to 5,000 euros for a new and 3,000 euros for a used electric vehicle. The scheme also applies to buyers of an electric vehicle purchased from 25 September 2023 onwards, provided the first registration takes place no earlier than 2024.