EKII subsidy for car purchases

In Latvia, Emission Allowance Auction Instrument (EKII) assistance is available for the purchase of electric vehicle, aimed to encourage people to choose greener transport. This government assistance mechanism provides co-financing for the purchase of new and used electric cars or externally rechargeable hybrid cars in order to reduce CO2 emissions and contribute to the achievement of climate targets.

Purchase of a new, factory-made category M1 and N1 electric vehicle

EUR 4500, 6750**, or 9000*** EKII funding +
1000 euro financial assistance for the seller of the vehicle*****

Purchase of a used, factory-made category M1 and N1 electric vehicle

EUR 3350, 5000**, or 6750*** EKII funding +
500 euro financial assistance for the seller of the vehicle*****

Purchase of a new, factory-made category M1 and N1 rechargeable hybrid vehicle

EUR 4500, 6750**, or 9000*** EKII funding +
1000 euro financial assistance for the seller of the vehicle*****

Writing off of an owned category M1 and N1 vehicle

(provided a new or used vehicle is bought at the same time)

2000 euros****

Purchase of a new, factory-made category M1 and N1 electric vehicle

EUR 4500, 6750**, or 9000*** EKII funding +
1000 euro financial assistance for the seller of the vehicle*****

Purchase of a used, factory-made category M1 and N1 electric vehicle

EUR 3350, 5000**, or 6750*** EKII funding +
500 euro financial assistance for the seller of the vehicle*****

Purchase of a new, factory-made category M1 and N1 rechargeable hybrid vehicle

EUR 4500, 6750**, or 9000*** EKII funding +
1000 euro financial assistance for the seller of the vehicle*****

Writing off of an owned category M1 and N1 vehicle

(provided a new or used vehicle is bought at the same time)

2000 euros****

* — a natural individual can only receive the assistance once as part of the tender.

** — for a vehicle equipped with at least five seats, if purchased by a natural individual who has three or more children in their care, including children in foster care or under guardianship, and adults under the age of 24 that undergo general, vocational, or higher education, or have been in national defence service for 11 months and have been awarded the Latvian Family of Honour certificate.

** — for a vehicle equipped with at least seven seats, if purchased by a natural individual who has three or more children in their care, including children in foster care or under guardianship, and adults under the age of 24 that undergo general, vocational, or higher education, or have been in national defence service for 11 months and have been awarded the Latvian Family of Honour certificate.

**** — this assistance can only be obtained in conjunction with another assistance activity and no later than 12 months after the issue of the certificate of destruction of the vehicle by the disposal company (list of disposal companies).

***** — the financial support for the vehicle seller includes an additional cash discount on the purchase of the vehicle or other incentives financially equivalent to the amount. The financial assistance for the vehicle seller is set separately for every specific vehicle.