Buying an electric vehicle? The Dutch government to soon offer up to €4000 off on your purchase

With a plethora of electric cars hitting the market and its supporting infrastructure now widely available, it makes sense to buy an electric vehicle (EV). The Netherlands will also soon support your EV purchase decision by offering monetary compensation towards the cost of a new EV. This scheme will be made available for people who have bought new or used cars. However, there is a catch. Read on to know more about how you can avail a major discount on your upcoming EV purchase. 

Get up to €4000 off on your next EV purchase!

The news comes via a report from Dutch news organization RTL. As per the report, the Environment and Housing minister, Stientje van Veldhoven, is making agreements with car and environmental clubs to provide subsidies for private EV buyers, from July 1. If the report is to be believed, those who purchase a new EV could be eligible to receive a subsidy of €4000, while those buying second-hand EV can get subsidies of up to €2000.

It should be noted that the subsidy might only be applicable on cars priced up to €45000. This means that the government is aiming to encourage people to replace their small petrol and diesel vehicles with greener alternatives that have considerably less impact on the environment and are also notably less expensive. 

Specialised dealers and additional benefits

The new scheme is said to be officially announced in a couple of weeks. However, the report suggests that the subsidy will only be available when purchasing electric vehicles that meet government standards and need to be purchased from a specialist dealer. If one purchases cars from classified ads or some other sources, they might not be eligible to receive any form of subsidy so as to prevent potential cases of fraud. 

Alongside providing subsidies to boost EV sales, the Dutch government will reportedly look at other non-financial forms of incentives. If the report is to be believed, the government could promise software update guarantee on software updates and EV battery health. The subsidy scheme is also said to be phased out as more EVs hit the market and the scheme could end by 2025.

Image credits: Wikimedia Commons

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