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Bulgaria Electric Vehicle Incentives: Tax Breaks & Charging Stations

by Emma Walker – News Editor

Bulgaria Incentivizes electric Vehicle Adoption with⁢ New Regulations &‌ Infrastructure Mandates

SOFIA, ⁢Bulgaria – New legislation in Bulgaria aims to accelerate the adoption of electric vehicles​ (EVs) through a combination of financial incentives⁣ for owners ⁤and mandatory infrastructure development for municipalities.⁣ The measures, driven by concerns over​ Bulgaria’s aging and polluting ⁣vehicle fleet – approximately⁢ 80% of cars are over 15 years old and ‍over 85% run on gasoline ​or diesel – seek to reach a national⁢ total of 30,000 EVs by mid-next year.

The initiative includes several key‌ provisions designed to stimulate EV⁢ purchases. These include funds and tools like ‌the National Trust EcoFund and investment programs specifically for climate-related ⁢electric vehicle projects. Vehicle tax will be differentiated based on vehicle type (cars vs.‌ trucks) and perhaps exempted under the Local Taxes ‌and Fees Act. Furthermore, tax relief will be offered based on a‍ vehicle’s ‌environmental category during periodic technical inspections.

State support will also be directed towards the construction of⁤ EV⁢ charging stations, including‌ granting usage rights for both public and private state-owned land. Municipal councils are empowered to offer free or preferential‌ parking for electric vehicles.

However, the legislation also introduces⁢ a “normative” obligation for local authorities. municipalities​ will ⁣be‍ required to install ⁣publicly accessible fast-charging stations with a minimum‌ output of 22 kW. ‍The number of required stations scales with population: municipalities with over 5,000 residents must have at least one, regional centers at least three, cities ⁣exceeding 100,000 ​residents a minimum‍ of five,‌ and cities over 1,000,000 residents ​a minimum of 60 stations. ‌

Mayors will be responsible for integrating publicly accessible⁤ charging infrastructure for both light and heavy electric ⁤vehicles into street⁤ networks, municipal⁢ buildings, and detailed development plans for public areas. Legislators cited⁤ a lack ⁤of​ “effective measures for the ‍sustainable‌ development of transport” in recent ⁤decades⁢ as justification for the new regulations.

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