Spanish government aid for electric vehicle purchases

The Spanish government has announced a new aid plan for small businesses and self-employed individuals, aimed at encouraging the purchase of electric vehicles. The announcement was made during the VIII National Industrial Congress.

Prime Minister Pedro Sánchez revealed details of the new support mechanism. The program offers subsidies of up to €7,500 per vehicle, applicable to both purchases and leases. Beneficiaries will include companies with up to ten employees and autonomous entrepreneurs. The Ministry of Industry and Tourism will manage the program, just like the existing Plan Auto+, but with a budget of €40 million—ten times smaller than the main plan.

Launch dates and detailed conditions for the new initiative have not yet been disclosed. At the same time, authorities confirmed the opening of the second phase of the PERTE program for industrial decarbonization, with funding of €330 million. These announcements come shortly after the parameters of Plan Auto+ were published, with approval expected no earlier than May or June. Unlike the previous Plan MOVES III, the new mechanism is designed to reduce waiting times for payments, though it has already faced criticism for its complex subsidy calculation system.

Under Plan Auto+, maximum base assistance is capped at €4,500 and depends on the type of powertrain, vehicle price, and place of production. Additional bonuses are available for models manufactured in the European Union and for vehicles with batteries of European origin.

Industry representatives, including the ANFAC association, have welcomed the continuation of government support, noting that electric vehicle sales in Spain approached 20% in 2025. Meanwhile, the GANVAM association points out that without measures to retire older fleets, electrification alone may not be enough to meet climate goals.