Subsidy applications for electric vehicles 2,254 so far, Spokesperson says

A total of 2,254 applications for the electric vehicle purchase subsidy plans had been submitted between Saturday and Tuesday morning, Government Spokesperson Konstantinos Letymbiotis announced at the regular briefing of journalists at the Presidential Palace.

He added that the increased interest for the electric vehicle purchase subsidy plans announced by the Ministry of Transport, Communications and Works “proves the feasibility of accelerating the green transition of our country, especially in electromobility.”

In particular, the Government Spokesperson said that 1,187 applications concern the purchase of a new zero-emission (CO2) vehicle, 333 applications the deregistration and replacement with a new low-CO2 emissions vehicle, 60 applications the purchase of a new zero-emission vehicle for a large family, reaching the limit of available applications, 34 applications the purchase of a new zero-emission vehicle for disabled persons and 104 applications the purchase of a second-hand zero-emission private v
ehicle, also reaching the limit of available applications.

Letymbiotis also said that “there is also a great interest in the commercial categories, as all four grants for the purchase of a new category N2 electric vehicle (commercial gross weight exceeding 3,500 kg but not exceeding 12,000 kg) and two grants for the purchase of a new category M2 electric vehicle (minibus which includes more than eight seats) have been filled.

He added that the application process is carried out online for all sponsorship categories on the Department of Road Transport’s website from 02/17/2024 to 10/11/2024 or until each category’s sponsorship limit is reached (whichever occurs first).

In addition, according to the data, one application was received for the deregistration and replacement with a new low CO2 (up to 50 g/km) taxi vehicle, and 4 applications were received for the deregistration and replacement with a new low CO2 (up to 50 g/km) vehicle for a disabled vehicle beneficiary, 21 applications were received for the de
registration and replacement with a new low CO2 emission vehicle (up to 50 g/km) for a large family and 24 applications were received for a purchase grant for a new zero-emission CO2 taxi vehicle.

In addition, 56 grant applications were received for the purchase of a new category N1 electric vehicle (commercial gross vehicle weight up to 3.500 kg) with zero CO2 emissions, 24 applications were received for the purchase of a new zero-emission category L6e (subcategory “B”) and L7e (subcategory “C”) vehicle and 290 applications were received for the purchase of a new zero-emission category L vehicle [excluding vehicles of category L6e (subcategory “B”) and L7e (subcategory “B and C”)].

Moreover, 57 applications were received for the purchase of a new electric bicycle (assisted cycling) with no restriction on the position of the motor or battery, while 53 applications were received for deregistration in exchange for free tickets worth pound 250 for use on regular bus services and an one-off payment of pound 500
.

Source: Cyprus News Agency