In November, the uncertainty surrounding the continuity of Moves III Plan concluded with the announcement of the extension of the subsidies.
With at least 290 million euros remaining, the government decided to breathe life into the subsidies for seven more months, without making significant changes to its operation.
Although the announcement came with enthusiasm, the eMobility sector continues to insist on the need to make the reimbursement processes for up to 7,000 euros promised for the purchase of an electric car more effective.
Iñigo Oraa, General Director at eCity Charge, puts forward an “A, B, C” to outline a package that motivates and convinces those who are undecided:
“It is essential to simplify the entire process of accessing MOVES. Normally, there are several phases to obtain them, and the payment deadlines have a minimum of six months.”
From his perspective, simplification is the first step.
Throughout their experience, they have seen how many users consider taking out a loan to acquire an electric vehicle.
The lack of a discount makes many doubt the initial investment, not to mention the expenditure required for the installation of a charging point.
“Anything that can help advance or deduct the promised amount from the final purchase price will contribute to the decision of the undecided,” suggests the General Director at eCity Charge.
Just to put it into context and numbers, the MOVES Plan still has a budget of 344.59 million euros.
This includes unallocated funds and the surplus that autonomous communities still have not reserved.
Out of the total amounts mentioned, which represents 28.71% of the initial 1.2 billion euros the program had, at least 265.58 million are pending distribution among the regions.
But that’s not all. 79.01 are in regional coffers but have not yet been reserved by interested parties.
Taking stock, only 855.41 million euros from MOVES have been granted to advance in the eMobility transition in Spain.
This is why reforms seem necessary and even urgent not only for the private sector but also for users themselves, in order to make progress on the pending funds.
These play an important and motivating role in this entire scenario:
“The subsidies given today are later subject to taxation, so exempting electromobility from taxes would be ideal.”
So far, only applications of this type have been approved in the Personal Income Tax (IRPF). However, these are applicable if the purchase is for a new vehicle or infrastructure for personal use.
Therefore, in the case of using it for an economic activity, at the time of acquisition or subsequently, the right to deduction will be lost.