[PIO] Announcement by the Ministry of Transport, Communications and Works regarding the third electric vehicle grant scheme

The Ministry of Transport, Communications and Works informs the public that the new electric vehicle grant scheme will be announced in December 2023. The scheme will involve grants for the purchase of both electric vehicles and low CO2 emission vehicles up to (50 g/km), as well as the scrapping of old polluting vehicles.

It is recalled that two similar sponsorship schemes have already been completed with great success. The electric vehicle grant schemes contribute to the achievement of the Ministry of Transport, Communications and Works' goal of reducing pollutants in transport based on the Republic of Cyprus' commitments to the European Union, as recorded in the National Energy and Climate Plan 2021-2030. The grant schemes are financed by the European Union's Recovery and Resilience Fund.

(SAP/NZ/EP)
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