In a significant move to decarbonize its transport sector, the Swedish government has unveiled a comprehensive package of subsidies aimed at accelerating the adoption of electric trucks. This multi-pronged approach addresses both light-duty and heavy-duty vehicles, fostering a broader market shift towards sustainable transportation solutions. Here is a summary:
Light Electric Trucks
Light electric trucks are defined as a truck that has a total maximum weight of 3.5 tonnes that is powered by electricity or by hydrogen. Companies, municipalities, and regions purchasing light electric trucks can benefit from a temporary subsidy of up to SEK 50,000 (approximately €4,400) per vehicle. This incentive, designed to stimulate early market adoption, will be gradually phased out by the end of 2025. You may apply for support for light electric trucks here at the Swedish Energy Agency website.
Zero-Emission Heavy Trucks
These include heavy hydrogen or electric hydrogen trucks, hybrid environmental trucks using electricity and renewable fuel, and biogas trucks, all exceeding 3.5 tonnes. Recognizing the unique challenges faced by heavy-duty vehicles in transitioning to electric power, the government is offering tailored support for companies investing in zero-emission HGVs. This includes both differentiated support levels based on specific needs and an increased maximum ceiling amount, reaching up to 25% of the purchase price. You may apply for zero-emission heavy trucks here at the Swedish Energy Agency website.
Climate and Environment Minister Romina Pourmokhtari emphasised the strategic importance of these measures in a press release, stating, “These new subsidies represent a vital step in our national roadmap towards a fully electrified transport sector. By incentivizing the switch to cleaner alternatives, we aim to significantly reduce emissions and contribute meaningfully to achieving Sweden’s ambitious net-zero target by 2045, while upholding our commitments to the European Union.”
Alignment with EU Regulations
Furthermore, the government has undertaken proactive steps to ensure alignment with the latest EU state aid rules regarding sustainable transport initiatives. This includes adapting the existing “Climate Premium” program and extending its reach to encompass support for natural gas trucks, acknowledging the potential of various low-carbon solutions within the heavy-duty vehicle segment.
Minister Pourmokhtari further highlighted the broader impact of these initiatives: “By expanding the Climate Premium program and diversifying support for heavy-duty vehicles, we seek to create a more favourable environment for the widespread electrification of our entire vehicle fleet. While recognizing the specific challenges faced by the heavy-duty sector, we also acknowledge the crucial role of alternative clean fuels like biogas in facilitating a comprehensive and sustainable transition.”
These changes, effective from February 13, 2024, demonstrate the Swedish government’s firm commitment to leading the way in sustainable transportation advancements.
Nimbnet’s role
Nimbnet, a charge point operator in Sweden, applauds the government’s announcement. This subsidy package is expected to accelerate the electrification of the nation’s truck fleet, a crucial step towards achieving Sweden and the EU’s ambitious climate goals. Recognizing the importance of charging infrastructure, they pledge their support by expanding charging infrastructure for electric trucks across Sweden, ensuring a smooth transition to a cleaner future.