Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Little interest in scrapping premium – 28 approved

The scrapping premium was highlighted as one of the government's climate initiatives. The first month has only seen 28 cases approved.

Published: 22 September 2024
Little interest in scrapping premium – 28 approved
Photo: Janerik Henriksson/TT

In August, a scrapping premium of 10,000 kronor was introduced for those who scrap their at least 15-year-old car and instead switch to an electric vehicle. Climate and Environment Minister Romina Pourmokhtari (L) has highlighted the scrapping premium as one of the government's climate initiatives, but the calculations – 50,000 scrapped cars – have been criticized for being too optimistic.

Now that a month has passed since the premium was introduced on August 20, a total of 56 cases have been received by the Swedish National Board of Housing, Building and Planning, which handles the grant. 28 cases have been approved, 8 have been rejected, 1 has been cancelled, and 19 cases are still open.

Cases with registered payments are 23, which means that 230,000 kronor have been paid out so far, according to the Swedish National Board of Housing, Building and Planning.

In total, the government has earmarked 250 million kronor for the scrapping premium in 2024 and 2025. This means that the funds will be enough for 25,000 premiums per year.

The scrapping premium is 10,000 kronor. Only private individuals can apply.

The requirement to receive the premium is that the older car is replaced with a purchased or leased electric vehicle, which can be used or new.

The scrapped car must be classified in emission class euro 4 or an earlier emission class, i.e., with relatively dirty exhaust emissions.

The car being scrapped must not be deregistered, but must be in use.

The regulation came into force on August 20, 2024, and will cease to apply at the end of 2025.

People
Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

New Deadline for Car Tolls
1 MIN READ

New Deadline for Car Tolls

Downgraded Credit Rating for Israel
1 MIN READ

Downgraded Credit Rating for Israel

The time of teaser prices is over on the housing market
2 MIN READ

The time of teaser prices is over on the housing market

Misprinted Postage Stamp Sold for 150,000
1 MIN READ

Misprinted Postage Stamp Sold for 150,000

Volatile on the US stock exchange – Nvidia declined
1 MIN READ

Volatile on the US stock exchange – Nvidia declined

Volkswagen issues profit warning
1 MIN READ

Volkswagen issues profit warning

Inflation falls in the USA
1 MIN READ

Inflation falls in the USA

Ireland fines Meta for password security breaches
1 MIN READ

Ireland fines Meta for password security breaches

Oscar Engelbert's company goes bankrupt
1 MIN READ

Oscar Engelbert's company goes bankrupt

Historic Stock Market Week in Asia
1 MIN READ

Historic Stock Market Week in Asia

Inflation slows down in France and Spain
1 MIN READ

Inflation slows down in France and Spain

Northvolt owner: The situation is serious
3 MIN READ

Northvolt owner: The situation is serious

Slightly Down on the Stock Exchange – Boost for Hexagon
1 MIN READ

Slightly Down on the Stock Exchange – Boost for Hexagon

The Northvolt Crisis: Risk of Losing Competence
3 MIN READ

The Northvolt Crisis: Risk of Losing Competence

Your savings rate is back to zero again
2 MIN READ

Your savings rate is back to zero again

Upward trend on the stock market in China following stimuli
1 MIN READ

Upward trend on the stock market in China following stimuli

Broad upswing on the American stock exchange
1 MIN READ

Broad upswing on the American stock exchange

No German Money for Northvolt
1 MIN READ

No German Money for Northvolt

SAS cancels more flights
1 MIN READ

SAS cancels more flights

Car Crisis May Lower Climate Demands in EU
3 MIN READ

Car Crisis May Lower Climate Demands in EU