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Department Of Road Transport Launches Electronic Draw For Electric Mobility Subsidies

Electronic Draw To Enhance Transparent Awarding Process

The Department of Road Transport is set to conduct an electronic draw on Tuesday, December 9, 2025, at 13:00 to determine the beneficiaries for the fourth announcement under the Electric Mobility Subsidy Scheme. The event will be hosted in the conference room of the Ministry of Transport, Communications and Works, where media representatives will be present to ensure full transparency and equal opportunity throughout the process.

Online Submission Under The Recovery And Resilience Plan

This new call is an integral part of the Recovery and Resilience Plan. Eligible applications must be submitted exclusively online between 09:00 on December 5, 2025, and 09:00 on December 9, 2025, streamlining the process and enhancing administrative efficiency.

Simplification Of Verification Mechanism – Extended Vehicle Registration Deadline

In a pivotal shift guided by European authorities, the verification mechanism for subsidy eligibility will now rely on the completion of vehicle registration rather than the disbursement of funds. This change is expected to significantly reduce delays and accelerate program implementation, allowing approved vehicles to finalize their registration by June 30, 2026.

Budget Allocation Details – 520 Subsidies, €5.62 Million Total

The fourth announcement allocates a total budget of €5,620,000 dispersed across 520 subsidies. The breakdown of the funding is as follows:

  • Category Δ5 – New Zero-Emission Private Vehicles: Subsidy of €9,000 per vehicle for 380 awards, totaling €3,420,000.
  • Category Δ7 – New Zero-Emission Vehicles For Persons With Disability: Subsidy of €20,000 per vehicle for 40 awards, totaling €800,000.
  • Category Δ8 – New Zero-Emission Vehicles For Large Families: Subsidy of €20,000 per vehicle for 40 awards, totaling €800,000.
  • Category Δ9 – Used Zero-Emission Private Vehicles: Subsidy of €9,000 per vehicle for 50 awards, totaling €450,000.
  • Category Δ10 – New Electric Vehicles (Category N1 Up To 3,500 Kg): Subsidy of €15,000 per vehicle for 10 awards, totaling €150,000. More details on the electric vehicle initiative can be found here.

This strategic allocation underscores the government’s commitment to promoting clean energy and accelerating the adoption of zero-emission vehicles across the country.

SEC Drops Lawsuit Against Gemini: A Major Turning Point In Crypto Regulation

SEC Dismisses Legal Action Against Gemini

The Securities and Exchange Commission has formally withdrawn its lawsuit against Gemini, the prominent crypto exchange founded by twins Cameron and Tyler Winklevoss. The move follows a joint court filing in which both the regulator and Gemini sought dismissal of the case that centered on the collapse of the Gemini Earn investment product, a debacle that left investors without access to their funds for 18 months.

Settlement And Regulatory Reassessment

In a significant development, a 2024 settlement between New York and Gemini ensured that investors recovered one hundred percent of their crypto assets loaned through the Gemini Earn program. The legal reprieve comes on the heels of actions initiated by New York Attorney General Letitia James, who accused Gemini of defrauding investors.

Political Backdrop And Industry Implications

This dismissal reinforces a broader trend of regulatory leniency toward the crypto sector noted during the Trump administration, which saw the SEC dismiss, pause, or reduce penalties in more than 60 percent of its pending crypto lawsuits. Meanwhile, Gemini’s recent public offering filing underscores its ambitions to solidify its status as a major player in the evolving digital asset market.

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