A new Electric Transport Project subsidy from Amsterdam City Council is designed to encourage local corporations and entrepreneurs to electrify their vehicles and help reduce emissions and improve air quality in the city. A project fund of �3 million is available for grants to entrepreneurs and companies in the city who wish to replace their existing ICE vehicles with pure electric vehicles. Grants are available to cover up to 50% of the additional costs of buying EVs, which currently cost more than conventional ICE vehicles. Grants available are as follows: � Up to �15,000 available to buy a single EV � Up to �25,000 available to buy a single EV van � Up to �45,000 available to buy a single EV truck or taxi � Up to �250,000 available to buy fleets of 20 vehicles or more THINK CEO, Richard Canny, said: "This project from Amsterdam City Council stands out as the most forward-thinking of initiatives in the electric vehicle sector across the whole of Europe. Business and enterprise is at the heart of any major city, and targeting this sector with such generous subsidies we think will change the face of business transport in the city. We are increasing our EV sales forecasts in the Netherlands on the back of this announcement, and urge other forward-thinking, green European cities to follow Amsterdam's lead with this marvelous initiative."