Policy status:Ended
Date Effective:2007
Date Ended:30 June 2009
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Transport>Passenger, Transport
Agency:Swedish Transport Agency
Funding:SEK 390 million 2007-08; SEK 325 million allocated for 2009

Between 1 April 2007 and 30 June 2009, any private individual who buys a new low-emission car for private use will receive an "eco car subsidy" of SEK 10,000. For a car to be able to qualify for the subsidy, it must meet certain requirements. The vehicles covered are conventional fuel-efficient cars, cars that run on biofuels and electric cars meeting certain efficiency requirements. First and foremost, it must be assigned to one of the following environmental classes: - Mk 2005 - Mk 2005 PM (cars run on diesel) - Mk EL - Mk Hybrid For conventional fuel-efficient cars, including hybrids, running on petrol, CO2 emissions may not exceed 120 grams/km during mixed driving. For those that runon diesel, they may not exceed 120 grams/km and particulate matter emissions may not exceed 5 mg/km during mixed driving. For alternative fuel cars, fuel consumption in connection with mixed driving may not exceed 0.92 litres petrol/10 km or 0.97 cubic metres of LPG/10 km (with some exceptions for automatic transmission cars). For electric cars, the consumption of electric energy per 100 km may not exceed 37 kilowatt hours; however, this type of car does not currently exist on the market. The rebate is paid automatically and directly to the purchaser once they have owned the car for six months. In April 2008, a further SEK 240 million were injected into the scheme, as the programmes popularity threatened to overrun the original allotment of SEK 150 million.

Last modified: Tue, 11 Mar 2014 19:48:14 CET