Finland wants 250,000 electric cars by 2030

Finland's government will give cash grants to owners of electric cars but is also planning to phase out an aid program for wind power, however a major tender will come before the funding is cut.

The time to deal with the electrification of the transport sector is now. Sales of electric cars have completely halted and in response Finland's government has proposed to establish a fund of EUR 100 million, which will be used to provide cash grants to purchasers of electric cars. The goal of the fund is to get 250,000 electric cars on Finnish streets by 2030.

This is all part of Finland's new national energy and climate strategy for 2020-2030, which proposes the aid. This system is already established in Germany, and was similarly proposed by a political party in Denmark this September. However, Denmark has not seen any actual legislation emerge in the area despite initial reports of broad political support.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

WindEurope warns against negative auction bids

If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.

BW Offshore halved bottom line in Q1

The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.

Equinor exits Russia

Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.

Further reading

Related articles

Latest News

See all jobs