Community of Madrid speeds up transition to natural gas vehicles
The Government will subsidize the conversion of vehicles so they can operate with cheaper and less
polluting fuels, such as CNG, through Renove Plans. Each user joining this campaign will receive up to
400 euros: 200 euros transferred directly to the owner of the vehicle and the rest through a discount
on the invoice issued by the authorized workshops, on account of these.
This is the first time for these kinds of grants, for which the Community has allocated 170,000 for the
adaptation of gasoline vehicles to CNG. There is also another batch of money for the conversion of
vehicles to LPG.
With this initiative, the government aims to reduce urban pollution and greenhouse gas emissions,
since its development is very convenient for improving urban air quality, as envisaged in the
‘Strategy for Air Quality of the Community of Madrid.’
The 4 Renove Plans approved recently have a grant of 670,000 euros and will generate an induced
investment of more than 3,500,000 euros. In 2016 14 Renove Plans have been approved with 3.82
million of funding.
https://www.ngvjournal.com/s1-news/c1- markets/the-community- of-madrid- will-finance- the-