Greece introduces subsidies for electric vehicles of EUR 100 million


Photo: Pixabay


June 17, 2020






June 17, 2020





The Greek government has secured EUR 100 million for subsidies for the purchase of electric vehicles (EVs). The funds are planed for a period of 18 months.

This is the first phase in the government’s program to enable faster uptake of EVs. The goal is to have one in three new vehicles powered by electricity in 2030.

Electric vehicles are to become up to EUR 10,000 cheaper

The authorities are also introducing measures to develop charging infrastructure.

Buyers of electric cars and light commercial vehicles will get 15% of the purchase price while the state will provide 25% for electric taxis.

Every new building should have the infrastructure to charge electric vehicles

Together with tax breaks, electric vehicles are to become up to EUR 10,000 cheaper, reports.

Electric cars will be exempt from parking fees for two years.

According to Greek Prime Minister Kyriakos Mitsotakis, the plan is for every new building to have the infrastructure to charge electric vehicles.

The e-mobility measures are part of a ten-year climate protection plan that the government has just announced.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Volvo deliveres first electric trucks with fossil-free steel amazon

Volvo Trucks delivers world’s first electric trucks made of fossil-free steel

17 November 2022 - The fossil-free steel is produced by the Swedish steel manufacturer SSAB and is made by using a completely new technology

Romania PBT EIT InnoEnergy major battery production project

Romania-based PBT teams up with EIT InnoEnergy in major battery production project

16 November 2022 - EIT InnoEnergy became a shareholder in Prime Batteries Technology – PBT from Romania, which intends to invest EUR 1 billion by 2026

Rio Tinto InoBat battery gigafactory Serbia

Rio Tinto–backed firm InoBat plans to build battery gigafactory in Serbia

15 November 2022 - InoBat is considering options for a battery plant in Serbia, claiming the government offered massive incentives. Environmentalists said they won't allow it.

volvo EX90 jim rowan elektricni auto cene

Volvo CEO: Electric cars to cost same as conventional ones around 2025

14 November 2022 - Nowadays prices of electric and conventional vehicles differ on average by about 30 percent