E-car subsidies used up after 4 minutes

668 applicants registered for subsidies for the purchase of electric and plug-in hybrid cars.

The Economy Ministry has come up with several ideas to support electromobility in Slovakia.The Economy Ministry has come up with several ideas to support electromobility in Slovakia. (Source: TASR)

It took only four minutes for the state subsidies allocated for the purchase of electric and plug-in hybrid vehicles to be completely gone.

The Slovak Innovation and Energy Agency (SIEA) launched the registration of applicants on December 16, offering €6 million.

The problems, which occurred last week and forced the Economy Ministry to annul the previous registrations and prepare the system anew, did not occur again, the TASR newswire reported.

Applicants need to fulfil other conditions

Related articleUPDATED: Economy Ministry annuls recent registrations for e-car subsidy Read more 

Under the current scheme, people can apply for an €8,000 subsidy to purchase an electric vehicle, and €5,000 to buy a plug-in hybrid.

668 people asking for subsidies on 786 vehicles registered themselves. They will now have to meet other conditions to receive the money.

The Economy Ministry will now send the agreement to all successful applicants. They will have 12 months to purchase the e-car. They will also have to own it for at least two years, and will not be able to use leasing to finance the purchase, TASR reported.

The maximum price of the vehicle was set to €50,000 including VAT.

Get daily Slovak news directly to your inbox

Theme: Automotive

Read more articles by the topic

Top stories

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.


Curfew will be prolonged. Negative test result will be required for work or trips to nature (FAQ)

Here are some of the answers to questions about the ongoing mass testing.


Why Trump's Twitter ban is no censorship

The solution is to force Facebook to regulate their content more — not less.

Leaving home will be nearly impossible without a negative test

Mass testing, which the government has now branded as screening, starts tomorrow.

PM Igor Matovič