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

 

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

icon

An industrially produced M1 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 electric car and up to EUR 180,000 per company.

icon

Support is provided to micro, medium-sized and large companies engaged in manufacturing (except for production of tobacco products) and whose export volume in the last completed financial year is at least EUR 1 million or makes up at least 50% of the total turnover

icon

The capital discount amount to be granted must be determined already when applying for the loan, 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

 

The first project selection round will commence on 04.11.2022 (at 12 noon). 

 

  • Altum assesses projects to ensure that support under the programme is provided to the most efficient projects
  • If an application is selected by Altum, the applicant may apply for a guarantee in 4 months
  • There will be a total of 3 selection rounds
  • During the first selection round, applications will be accepted from 12 noon on 04.11.2022 until 11:59 a.m. on 04.01.2023

For more information

ued@altum.lv

28320125