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Budget 2025: Electric vehicles subsidy cut by more than a quarter to €8,000

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The government subsidy on the purchase of electric vehicles will be retained next year, but it is being reduced to a maximum of €8,000 per car from the current limit of €11,000, Finance Minister Clyde Caruana announced in the Budget speech on Monday.The measure, which was not unexpected, is the result of "momentum" in the...