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 hybrid vehicles amid sluggish adoption rates. The scheme mirrors previous frameworks offered in recent years. . Cyprus has launched the fourth phase of its electric vehicle grant scheme, with applications set to open on December 5 at 9am and close on December 9 at 9am, road transport department (TOM) officer Angelos Sofocleous said on Monday. Incentives and legislation that aim to increase uptake of alternative. . The Cypriot government has announced a new incentive program aimed at accelerating the adoption of electric vehicles (EVs) across the island. Starting this year, buyers of electric cars will be eligible for a subsidy of up to €9,000, part of Cyprus's broader strategy to reduce carbon emissions and. . Following the Cabinet meeting on June 25, 2025, Cyprus has approved a new €2.
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