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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.

Rolls-Royce Raises Guidance As Defense And Power Systems Drive Growth

Rolls-Royce raised its full-year profit and cash flow guidance after reporting stronger-than-expected first-half results, supported by growth across its civil aerospace, defense and power systems businesses.

Underlying operating profit rose 46% year on year to £2.5 billion ($3.3 billion) in the first six months of 2026, while revenue increased more than 24% to £11.3 billion.

The company now expects full-year underlying operating profit of £4.7 billion to £4.9 billion, up from previous guidance of £4 billion to £4.2 billion. It also raised its free cash flow forecast to £3.8 billion to £4 billion, compared with £3.6 billion to £3.8 billion previously.

Shares rose as much as 6% in early trading before paring gains to trade about 4% higher.

Data Center Demand Supports Power Systems

Chief Financial Officer Helen McCabe told CNBC that orders in Rolls-Royce’s data center power business increased by more than 50% in the first half as operators invested in backup and on-site power systems.

The company has benefited from growing demand for power infrastructure as data center operators expand capacity.

Defense Spending Provides Additional Support

McCabe also said Rolls-Royce expects to benefit from higher defense spending in the U.K. and across NATO countries. She cited the U.K.’s long-term defense investment plan, which provides funding visibility through 2030 and beyond.

“We’ve had very positive initial conversations with the new government,” McCabe said, adding that the company supports its focus on growth, defense and industrial manufacturing.

Turnaround Continues

Chief Executive Tufan Erginbilgic said the company’s transformation strategy continued to deliver results. “Our transformation continues to deliver,” he said in a statement. “We have unlocked new growth opportunities across the Group.”

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