BUCHAREST (Romania), February 10 (SeeNews) – The European Commission said on Monday it has approved Romania's 53 million euro ($58 million) public support scheme for building a network of charging stations for electric vehicles (EVs) in the country.
The measure will contribute to reducing CO2 and other pollutant emissions without unduly distorting competition in the single market, the Commission said in a press release.
The Commission has found Romania's plans to support the creation of a network of charging stations for electric and hybrid vehicles to be in line with EU state aid rules.
"Romania will contribute to the fight against global warming, in line with the European Green Deal's objectives. This scheme will reduce harmful car emissions and improve the health of citizens," EC executive vice-president Margrethe Vestager, in charge of competition policy, said.
The scheme will cover the period from 2020 to 2025 and is expected to stimulate investments into charging stations for hybrid and battery electric motor vehicles in Romania. It will cover urban, sub-urban and rural areas and aims to develop a network of charging stations that will cover the entire territory of the country.
The Commission considers that the measure will encourage a significant uptake of low-emission vehicles, thus making a major contribution towards the reduction of CO2 and pollutant emissions, in line with the EU's climate and environmental objectives and the goals set by the European Green Deal.
The European Green Deal, presented in December 2019, sets out how to make Europe the first climate-neutral continent by 2050. To achieve climate neutrality, a 90% reduction in transport emissions is needed by 2050.