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Incentives for the purchase of electric vehicles in Luxembourg in 2024

Changes to new car premiums

The Luxembourg government has updated the mobility climate bonus from 01 October 2024. The bonus for the purchase of a new 100 % electric car is now up to a maximum of 6,000 euros8,000 previously. This aid will apply to vehicles consuming less than 16 kWh/100 km. For those whose consumption is between 16 and 18 kWh/100 kmthe premium will be reduced to 3,000 euros.

A word of warning: vehicles consuming more than 18 kWh/100 km are no longer eligible for this aid, with the exception of large families (with at least three children), who will still be able to benefit from a grant of 6,000 euros.

In addition, the minimum holding period for the vehicle has been extended to three yearsto avoid rapid resales.

New for used vehicles

Another advance concerns used electric vehicles. From now on, a 1,500 euros will be granted for the purchase of electric cars more than three years old. However, this aid is subject to certain conditions, including ownership of the vehicle for at least two years and the fact that the buyer must not be from the same household as the seller.

In May last year, the used electric car market accounted for 10.6 % of adverts according to data from Luxauto.lu - Luxembourg's leading platform for buying and selling vehicles - a significant increase on previous years.

Electric Car Battery Charging at Electric Recharge Station, Wind Turbines in the Background. Alternative Energy Vehicle. Futuristic Transport. Use Green Power. Environmental Care, Renewable Sources

Encouraging soft mobility: focus on cargo bikes

In addition to electric vehicles, the government is continuing to promote the soft mobilityparticularly through aid for the purchase of cargo bikes. These bicycles, which make it easier to transport heavy loads, are eligible for a 1,000 euros. For the classic bicyclesthe 600 grant still availableunder certain conditions.

How do you qualify for the bonus?

To receive the bonus, a number of administrative steps need to be taken. Purchasers must ensure that their vehicle meets the ecological criteria, buy from an approved dealer, then submit an application with the required documents, including the invoice and a certificate of conformity. Test your eligibility for bonuses.

Advantages of electromobility

Adopting an electric vehicle in Luxembourg is not limited to incentives. Owners benefit from a number of other advantages, such as a reduction in CO2 emissionsand fuel costs and a simplified maintenance. And more, more and more recharging facilitiesmaking these vehicles more practical to use. Find a recharging point in Luxembourgg

The reforms to the incentives for the purchase of electric vehicles from 1 October 2024 demonstrate Luxembourg's determination to speed up the transition to greener mobility. Whether for new or used cars or commercial vehicles, these measures will encourage wider adoption of electromobility, while promoting soft mobility solutions such as cargo bikes.

Luxauto

Written by

Luxauto

Posted on

15 October 2024

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