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Bulgaria in talks with European e-car manufacturer

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Bulgaria in talks with European e-car manufacturer

Big European e-car manufacturer  is in the final stage of negotiations with Bulgaria. They talk about the construction of a production plant in the country, caretaker economy minister Kiril Petkov said.

Hopefully, a contract will be signed within the next two weeks. Mr. Kiril Petkov said in a video file published on the website of local Nova TV on Sunday.

Petkov declined to disclose the name of the company. The European e-car manufacturer is unknown as the talks have not yet been finalised.

The caretaker cabinet was appointed by Bulgarian president Rumen Radev. In May they tasked with preparing a snap general election scheduled for July 11.

As to the legislative amendments, a draft bill for the amendment and supplement of Decree No. I-45. This provides that newly registered EVs after October 1, 2020 will bear green reflective plates. Also the number will be in black font. The owners of previously registered EVs can choose whether or not to change to green plates. Which would make their cars immediately recognisable as EVs for any future privileges.

Furthermore, municipalities across Bulgaria continue to develop an infrastructure of EV charging stations.

As part of town planning, earlier this year the architect-surveyor of Sofia approved schemes. The local parliament decided the placement of 25 new EV charging stations.

Similar projects are going on in several of Sofia’s outlying districts. This is linked to the EU’s Horizon 2020 research and innovation programme.

In line with creating an EV friendly environment in Bulgaria, on September 2, 2019. The National Eco Trust Fund (NETF) announced that it would be financing projects. This will be under the Investment Climate Program (ICP) for the purchase of all-electric vehicles or plug-in hybrid vehicles.

Through these projects, the central administration, its territorial units and municipalities will be able to apply for funding for the acquisition of a maximum of three vehicles for public use.

There will be no requirements regarding the choice of contractors. The call will remain open for three months until December 2.

The total amount to be allocated will be 120,000 BGN (EUR 60,000) for the following grants.   20,000 BGN for all-electric vehicles (category M1/N1 and L7e).  10,000 BGN for plug-in hybrid vehicles (category M1/N1).  30,000 BGN for all-electric vehicles (category M1/N).  40,000 BGN for all-electric vehicles (category M2/N2).