Spain extends incentives for EV purchases

MADRID, April 1 (Xinhua) -- The Spanish government on Tuesday approved an extension of its Moves III Plan to encourage the purchase of electric vehicles (EVs).

The scheme, which is retroactively effective from the start of 2025, will remain in place until the end of the year. It offers subsidies of up to 7,000 euros (7,560 U.S. dollars) for individuals who buy an electric car and scrap their old vehicle. For com