Incentives for purchasing electric vehicles

Do you know that you can benefit from financial assistance for the purchase of an electric vehicle in Luxembourg ? Introduced in 2019, this tax measure is renewed in 2020.

Set up by the Luxembourg government to promote more eco-responsible mobility, this aid is paid for new electric vehicles. To benefit from it, the vehicle must be put into service for the first time between 1 January 2019 and 31 December 2020.

Paid as a bonus, this subsidy allows you to acquire a new electric vehicle at a lower cost. You can thus benefit from:

  • 5,000 euros if you buy a 100% electric or hydrogen fuel car or van
  • 2,500 euros if you buy a car or a hybrid type. Emissions from CO₂ must be less than or equal to 50 g/km
  • up to 500 euros maximum representing 25% of the cost excluding VAT of the vehicle if you buy a 100% electric vehicle. It can be a quadricycle, motorcycle or moped of the scooter or pedelec45 type.

It should be noted that the beneficiary of the premium may be an individual or a company, provided that it concerns a vehicle registered in Luxembourg. The minimum holding period must be at least 7 months.

The aid also concerns the holders of a vehicle under a rental or leasing contract. The only condition is that the financial company that owns the vehicle waives this premium.

So, ready to act for the planet and opt for a sustainable mobility? It’s time to drive electric!

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