Implementing the Government's policy of transition to green transport and sustainable mobility, while helping to reduce carbon dioxide emissions, from Monday, December 20, 2021, at 11 a.m., the First Phase of the Electric Vehicle Sponsorship Plans will be implemented of the Ministry of Transport, Communications and Works. As announced, Phase A will last from December 20, 2021 to January 3, 2022, and a budget of € 8 million will be available.
Those interested will be able to submit their applications online through the website www.ev.gov.cy. It is clarified that applications will be considered in order of priority (first-come, first-served) based on their submission date.
The Plan concerns purchase of a new or used electric vehicle and beneficiaries are both individuals and professionals and legal entities.
Specifically, the amounts that will be allocated for purposes purchase of a new electric vehicle range from € 9.000 to € 19.000.
|
Description |
Sponsorship amount |
| Purchase of a new electric vehicle civil use |
€9.000 |
| Purchase of a new electric vehicle taxi |
€19.000 |
| Purchase of new electricity wheelchair |
€11.000 |
| Purchase of a new electric vehicle large family |
€11.000 |
The Plan also provides for the following: the purchase of a new electric minibus with an amount of € 100.000, the purchase of a new electric minibus with an amount of € 40.000, the purchase of a new electric commercial vehicle with an amount of € 20.000, as well as also the purchase of a new electric bicycle or four-wheeled micro-car, or moped, or tricycle, or motorcycle or light four-wheeled vehicle with an amount amounting to € 1.500.
Regarding purchase of a used electric vehicle, sponsorship amounts start at € 4.000 and reach € 12.000.
|
Description |
Sponsorship amount |
| Purchase of a used electric vehicle civil use |
€4.000 |
| Purchase of a used electric vehicle taxi |
€12.000 |
| Purchase of used electricity wheelchair |
€7.000 |
| Purchase of a used electric vehicle large family |
€7.000 |
In addition, both in the case of the purchase of a new and in the case of the purchase of a used electric vehicle, the applicant may, if he so wishes, withdraw an old vehicle, older than 12 years, and receive an additional sponsorship of € 1.000.
Finally, it is noted that, if the application is pre-approved, the beneficiary has a time limit of two months to present proof of order of the new / used electric vehicle and a time limit of 12 months for registration of the electric vehicle. The sponsorship is given with the registration of the vehicle, within 12 months from the pre-approval.