Project type: Energy Efficiency
Project location: Switzerland
Project status: In operation, exclusive
Annual CO₂ reduction: 650 t
The my-M climate fund supports Migros Cooperatives and companies of the M-Industry by subsidising the purchase of fully electric company cars, with a sum of CHF 3,000 per vehicle. With a total fund of one million Swiss francs, the subsidy programme promotes the conversion of more than 300 fossil-based to electrically powered cars.
Although alternative drive technologies for cars have been available on the market for some time, the electrification of passenger cars in Switzerland is still only progressing slowly. Even in the Migros, the pool and company cars are still largely powered by the conventional combustion engines. The use of fossil fuels such as petrol or diesel causes greenhouse gas emissions and damages the environment.
Above all, the higher investment costs and the inadequate charging infrastructure explain why electric cars have not yet gained acceptance. With a contribution from the my-M climate fund, the Migros Cooperatives and companies of the M-Industry receive a financial incentive to switch to electric cars on the condition that 100% renewable electricity is used. This not only reduces CO₂ emissions and road noise, but also saves energy costs every year - because electricity costs less than petrol or diesel.
Since the launch of the Tesla, electric cars have become socially acceptable. There are now numerous reliable fully electric car models on the market that are well suited for use at Migros. Switzerland does not yet have a subsidy programme for electric cars. We are therefore closing this gap for the Migros Cooperatives with this support programme.
The programme is open to all Migros Cooperatives and companies of the M-Industry fulfilling the eligibility criteria in the application form. Interested parties can register their projects via the application form and thus apply for a subsidy for the purchase of one or more electric cars.
New projects can be included in the funding programme until mid-2023. Each purchase of an electric car is supported by a one-off contribution of 3,000 Swiss francs. Further information on the process flow and funding conditions can be found in the directions.