The program is implemented under the Recovery and Resilience Facility #NextGenerationEU

 

Submission of applications in the project selection 4th round  is closed.

 

The 5th round has been opened and applications can be submitted from April 2, 2024 at 12:00 (noon) to April 30, at 11:59 a.m.

 

The program offers support for purchases of electric cars that meet the following requirements:

icon

An industrially produced M1 or N1 category vehicle

icon

Odometer reading at the time of registration does not exceed 500 km

icon

The car’s mechanical motive power is provided by energy stored in the vehicle

icon

Greenhouse gas emissions of 0 g CO2/km

Available support: guarantee with a capital discount for financial leasing to finance purchases of new electric cars – up to 30% of the price of an electric car, without VAT, but not more than 5,000 EUR per M1 category electric car or EUR 10,000 for one N1 category electric car.

icon

Micro, small, medium-sized and large enterprises that are not engaged in primary agriculture, fishing, production of tobacco products, transport and storage, wholesale and retail trade, car repair, gambling.

icon

The capital discount amount to be granted must be determined already when applying for the selection round, but the capital discount applies after the project is completed and the objectives of the project are achieved, when the discount is credited against the principal amount of the lease

icon

Objective of the project: at least 20,000 km covered by the purchased electric car in 12 months, reducing greenhouse gas emissions

icon

The programme aims to reduce greenhouse gas emissions by 11,498 tons of CO2 equivalent annually

For more information

ued@altum.lv

28320125