Concerns About Promoting Electric Vehicles in Cyprus
November 9, 2024
Electric vehicles are a priority for reducing emissions, but there are limitations that make choosing electric vehicles more challenging. Transport Minister Alexis Vafeaides noted that electric vehicle prices remain high, and governments are concerned about meeting emission reduction targets through them. Despite state incentives, the installation of photovoltaics and the purchase of electric cars are financially demanding. The production of electric vehicles by manufacturers is declining due to commercial interests and shortages of raw materials.