Particle.news
Download on the App Store

Spain Rolls Out Auto+ EV Incentives With Instant Discounts, Plus Extra Aid for Microbusinesses

The €400 million scheme delivers up to €4,500 per passenger car as an immediate point-of-sale rebate.

Overview

  • The approved Auto+ program replaces MOVES, is active retroactively from January 1, and standardizes national EV purchase aid.
  • Aid is calculated via a modular formula: 50% of the maximum for BEV and 25% for PHEV, plus up to 25% tied to price bands (€<35,000 or €35,000–€45,000 ex-VAT) and up to 25% for EU assembly and battery origin, with a mandatory €1,000 dealer discount.
  • Discounts are applied at purchase through a 0% consumer-loan mechanism so buyers do not advance the subsidy.
  • A separate €40 million line announced by Pedro Sánchez offers up to €7,500 per vehicle for self‑employed workers and companies with fewer than 10 employees, including purchases and renting.
  • The OCU and industry voices argue the package is insufficient after the removal of scrappage and home‑charger subsidies, citing limited budgets and high new‑EV prices that average above €47,000.