Cyprus Introduces €9,000 Subsidy to Promote Electric Car
Discover how Cyprus is driving green change with a €9,000 electric car subsidy! Learn how this incentive boosts electric vehicle purchases and supports sustainable transport.
Read more: Following Wednesday's Cabinet meeting on 25 June 2025, Transport, Communications and Works Minister Alexis Vafeades announced a new electric mobility enhancement scheme for Cyprus, approved by the Council of Ministers and aimed at strengthening the market for fully electric and hybrid vehicles through state resources.
Despite government incentives, electric vehicle adoption faces obstacles including high purchase costs, limited charging infrastructure, and extended charging times. Cyprus is developing plans for additional charging points whilst manufacturers introduce faster-charging models.
Petrol-powered vehicles dominate Cyprus roads with over 60% market share, followed by diesel vehicles at 33%. The breakdown of licensed vehicles by May 2025: Electric vehicle registrations have accelerated since the first subsidy scheme launched in December 2021, rising from 752 units in 2020 to 6,208 by May 2025.
Cyprus is developing plans for additional charging points whilst manufacturers introduce faster-charging models. The Road Transport Department previously cited low public response as justification for earlier programme termination, highlighting ongoing challenges in transitioning Cyprus's vehicle fleet toward electrification.
Discover how Cyprus is driving green change with a €9,000 electric car subsidy! Learn how this incentive boosts electric vehicle purchases and supports sustainable transport.
Cyprus is preparing to launch a new government subsidy programme for the purchase of electric and hybrid vehicles later this year, with a total budget of €4.5 million and incentives of up to
Government Incentives for Electric Vehicles in Cyprus The Cypriot government offers financial incentives to encourage electric vehicle adoption. Subsidies for EV Buyers – Up to €10,000
Cyprus Green Transport Progress Since the first government incentive scheme launched in December 2021, the shift to green transport in Cyprus has shown significant progress. In 2020,
The Cypriot cabinet has approved the government''s new 2.5-million-euro subsidy scheme aimed at supporting the purchase of electric and hybrid vehicles in Cyprus. The plan, funded
Cyprus is planning to offer government subsidies for the purchase of new electric and hybrid cars. The new subsidy program, with a budget of €4.5 million, is set to launch this year and
Cyprus has launched the fourth phase of its electric vehicle grant scheme, with applications open from December 5 to 9. This phase applies only to fully electric, zero-emission
The Council of Ministers approved a new €2.5 million electric vehicle incentive scheme on Wednesday, maintaining existing grant levels of up to €9,000 for electric cars and €7,500 for
The scheme for electric vehicle grants in Cyprus aims to accelerate the transition to cleaner transport by streamlining processes and ensuring faster access to incentives.
Cyprus is preparing to launch a new phase of its electric mobility subsidy programme, expected to be announced before the end of 2025. The initiative, financed with €4.5 million from the
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