Taxi drivers in Colombia will receive over 30 million to change their vehicle: here's how they can apply
The Ministry of Transportation of Colombia has launched the modernization program for the taxi fleet. Through the Fund for the Promotion of Technological Advancement, the Government seeks to encourage the transition from traditional combustion vehicles to 100% electric technologies, offering financial support that can reach up to 52 million pesos.
TL;DR
- The program aims to reduce emissions and financial burden for taxi owners by encouraging the switch to electric vehicles.
- Incentives include a replacement bonus of up to 34.5 million pesos, an additional 7.5 million for taxis 20 years or older, and up to 10 million for charging infrastructure.
- Electric taxis offer estimated operational savings of 43% compared to gasoline, are exempt from Pico y Placa, and receive discounts on SOAT and technical inspections.
- Eligibility requires owning 1-3 taxis, the vehicle to be replaced must be at least 10 years old, and all documentation must be up-to-date.
- The initial phase prioritizes owners in Bogotá, Cali, Palmira, Jamundí, Yumbo, and Soacha, as well as conflict-affected victims nationwide.