Credit: Pixabay

Luxembourg's Ministry of the Economy has announced the planned co-financing of new charging stations following the third call for projects aimed at supporting companies investing in electric mobility.

Resulting from this call for projects (relating to investment in charging infrastructures for heavy utility vehicles), the authorities retained several projects for the installation of new charging stations with a total capacity of around 2800 kilowatts (kW). The companies concerned will benefit from a subsidy of up to 70% of their investment. Each project is characterised by a load capacity which is at least equal to 175 kW.

Spread across the Grand Duchy, the projects selected represent different activities including, for example, motor vehicle businesses and companies active in the goods transport sector. The total amount of state aid granted as part of this call for projects is €1.2 million. A total of eighteen charging points will be subsidised, including eight private charging points and ten which are accessible to the public.

Luxembourg's Minister of the Economy, SMEs, Energy and Tourism, Lex Delles, welcomed the outcome of this third call for projects: "It is an important step to decarbonise not only individual transport, but also the transport of goods. It is important to us to support companies that wish to embark on the path to the transition to electric mobility."

The fourth call for projects, open to any type of infrastructure and with a maximum aid amount of 50%, launched on Friday 1 December 2023 and runs until 1 March 2024. The total aid budget amounts to €5 million.

The Ministry of the Economy recalled that another aid scheme exists, exclusively for small and medium-sized enterprises (SMEs) which falls under Luxembourg's recovery and resilience plan, as approved by the European Commission in June 2021. Upon request, SMEs can benefit from a subsidy of up to 50% of the costs linked to charging stations and up to 60% of the costs linked to connection to the electricity network. This aid is capped at €60,000 for connection costs and at €40,000 per company for other costs linked to deployment.