Electric Bike Grant 2024 Madrid
NEW CALL TO APPLY FOR THE SUBSIDY FOR ELECTRIC BICYCLES FROM THE MADRID CITY COUNCIL
People registered in the city of Madrid are in luck, they will be able to receive a grant to buy an electric bicycle of up to €600. The city council opens the application period for its CAMBIA 360 Micromobility plan for the year 2024.
Up to €600
of help
Application Deadline
from 17/04 to 30/09
Beneficiaries
Registered individuals
Get your new Ossby GEO folding electric bike for just over €1000 with this help
Index
If you live in Madrid and are thinking of buying one of our fabulous folding electric bikes, it is the perfect time! In this article we will explain in detail how to apply for the subsidy for your new Ossby GEO, taking advantage of all the advantages offered by the Madrid City Council’s aid program to buy an electric bicycle.
Call for subsidies and grants for the purchase of electric bicycles CAMBIA 360 Micromobility plan for 2024
The call for subsidies for 2024 is enabled with a total endowment of €150,000. This aid is intended for the acquisition of bicycles with pedal assistance systems (also called electric bicycles in the EU), electric mopeds, electric motorcycles and quadricycles, all focused on personal mobility in the city of Madrid.
GRANTS FOR THE PURCHASE OF AN ELECTRIC BICYCLE ARE A GREAT OPPORTUNITY TO GET STARTED IN SUSTAINABLE URBAN MOBILITY
Requirements to apply for aid for the purchase of an electric bicycle from the Madrid City Council
Who can apply for the aid to buy an electric bicycle in Madrid?
To qualify for these grants, you must meet the following requirements:
- Be of legal age.
- Reside in the municipality of Madrid.
- Be up to date with your tax and Social Security obligations.
- Have purchased a pedal-assist vehicle or bicycle from 3 October 2023 (inclusive).
What requirements must your electric bike meet for the 2024 electric bike grant from the Madrid City Council?
To be eligible to receive the grant, your e-bike must meet certain requirements:
- Pedal-assisted motor of maximum 250 W.
- Maximum speed limited to 25 km/h.
- Equipped with a complete light system (front and rear), mudguards and kickstand.
Yes, it is our Ossby GEO folding and electric bike meets all the requirements of this grant. In order for us to send you the detailed invoice, when making the purchase on our website, add a note in the order with the connection “Plan 360 Madrid”
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1.690,00 €The Ossby GEO is much more than a foldable electric bicycle. It's your perfect companion for getting around the city quickly, comfortably, and sustainably. Designed with...
What documentation do I need to submit?
To proceed with the help to buy an electric bike you will need:
- Purchase invoice showing brand, model, license plate and chassis number. This invoice will be given to you by us or any attached store.
- DNI/NIE or identity document.
- Proof of payment.
- Certificate of ownership of the bank account: Necessary to receive the grant amount. Make sure the certificate is in your name and from an active and valid bank account.
- Declaration of other aid received or requested for the same vehicle. If you have not applied for other aid, it is not necessary.
- Certificate of ownership of the bank account: Necessary to receive the grant amount. Make sure the certificate is in your name and from an active and valid bank account.
For installment payments:
If you made the purchase of your electric bicycle through an installment payment, it is important to bear in mind that the invoice must reflect this payment method. The invoice must clearly indicate the total amount of the operation, as well as the breakdown of the payments made up to the time of the application for the aid.
In addition, you need to attach documentation that supports the financing agreement or installment purchase contract. This document should include details such as:
– Installment payment terms: You must specify the total amount of the purchase, the number of installments agreed, the amount of each installment, and the due dates.
– Details of the funder: Name or company name, address and NIF of the financial institution that facilitated the payment in instalments.
– Buyer details: Your full name and address, which must match the details on your identity document.
– Detailed Product Description: You must include the same specifications that are required on the purchase invoice to validate the grant.
When submitting the documentation corresponding to an installment payment, it is important to ensure that all the details are correctly reflected and that the requirements established by the Cambia 360 Plan are met.
What is the deadline for submitting applications?
The deadline for submitting applications will begin on April 17, 2024, at 10:00 a.m. and will end on September 30, 2024, at 11:59 p.m. So get ready not to miss this opportunity!
How is it processed? Where is the application submitted?
It’s very easy:
- You can submit the application yourself through the application through www.cambia360.es
- or you can ask the participating dealer/point of sale to register.
The points of sale can be consulted on the Cambia 360 website.
Ossby (Karikrea SL) is an affiliated point of sale and we will be able to make the request without any problem.
Other data to take into account
- The electric bicycle or subsidized vehicle cannot be transferred to third parties within 2 years.
- Each person can apply for help for a single vehicle.
Resolution of applications
The granting of applications will be decided, once the deadline has expired, according to the chronological order in which valid applications are submitted. This will be done according to the distribution of funds for each area and the possible distribution of surpluses provided for in the call. Therefore, it is possible that applications submitted after available funds are exhausted may also be eligible for the grant if some of those previously submitted were invalid.
Don’t miss this opportunity to get a grant to acquire your Ossby GEO folding electric bike and contribute to the promotion of sustainable mobility in Madrid!
How long would the Ossby GEO be left with the help of the Madrid City Council?
If you apply for this aid and they grant it, the Ossby GEO would be just over €1000. The aid for the price range of our bike is approximately € 530.
Don’t know which electric bike to choose?
Take a look at this article:
6 tipos de bicicletas eléctricas: encuentra la ideal para ti
FREQUENTLY ASKED QUESTIONS
1. Who can apply for the Cambia 360 Plan aid for the purchase of electric bicycles?
All people of legal age who reside in the municipality of Madrid and are up to date with their tax and Social Security obligations can apply for the aid.
2. What are the requirements that an electric bicycle must meet to be subsidized?
The electric bicycle must have a pedal-assisted motor of a maximum of 250 W and a speed limited to 25 km/h. In addition, it must be equipped with a complete lighting system (front and rear), mudguards and kickstand.
3. What is the maximum amount of the subsidy for the purchase of an electric bicycle?
The maximum amount of the aid is 50% of the cost of the bicycle, not including complements or VAT. For electric bicycles, the maximum aid is €600.
4. What is the purchase date covered by the subsidy for the purchase of an electric bicycle in Madrid of the Cambia 360 Plan?
The aid from the Cambia 360 Plan covers purchases made from October 3, 2023 to September 30, 2024.
