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Setting up a financial instrument to support the purchase of battery-electric vehicles (BEVs) by fleet providers

The measure sets up a Facility, which will incentivise private investment in the electromobility sector by boosting the uptake of battery-electric vehicles.

Under this Facility loans will be provided directly to the private sector and to public sector entities engaged in similar activities. On the basis of the RRF investment, the Facility aims at initially providing at least EUR 52 million EUR of financing.

The implementation of the investment is to be completed by 30 Juni 2026.

More information can be found on the website of the authority here.