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Madrid extends electric bicycle subsidies until 2028

The Plan Mueve Madrid will remain in effect until 31 December 2028 and offers up to 600 euros towards the purchase of an electric bicycle. The subsidy requires the bike to be new, rigid, and cost no more than 3,000 euros.

The subsidy for an electric bicycle can cover up to 600 euros, provided the vehicle meets the conditions of the Plan Mueve Madrid. Its price cannot exceed 3,000 euros.

The Comunidad de Madrid has approved an extension of the plan until 31 December 2028. The initiative offers support to individuals, self-employed workers, and small and medium-sized businesses to encourage the use of less polluting means of transport.

The bicycle must be electric and of the rigid type. The technical requirements specify a maximum speed of 25 km/h and a battery of at least 250 watts. It must also have an integrated set of lights, which must be listed on the original invoice.

Second-hand bicycles are excluded: it must be new and have a certificate of its specifications. To apply for the subsidy, you must submit the invoice and the technical document; proof of payment is also required. The documentation is uploaded to the platform. In 2025, more than 20% of bicycles sold in Spain were electric.

The plan includes other amounts for electric mobility vehicles. Three-wheeled cycles with pedal assistance can receive up to 1,500 euros; for assisted handcycles, the maximum is 1,000 euros. Electric mopeds are eligible for subsidies of up to 700 euros. The plan also covers the scrapping of vehicles without an environmental label, a section that includes this information about cars.