EV fans deplete Dutch gov’s €10M electric vehicle grant in just 8 days

In just eight days, the Dutch have managed to use up 10 million ($11.3M USD) worth of subsidies to support the purchase of new electric vehicles, Dutch outlet NOS reported earlier today.

In the Netherlands, buyers of new electric vehicles can register to receive a 4,000 ($4,400 USD) subsidy to put towards the purchase of the vehicle. But now, all those that register for the free money will have to wait until next year, when the next budget is announced.

The subsidy was announced back in February but came into effect on July 1.

While it took eight days for the whole budget to be used up, 44% of it had been requested by noon on the first day the subsidy was available.

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Due to coronavirus, car sales have slowed and sellers have dropped their prices to encourage new buyers to take the plunge and ditch their combustion vehicle for an electric one.

EVs, amsterdam, netherlands, charging
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