Limitations on Electric Mobility Grants and Market Implications
April 25, 2025
The decision by the Department of Road Transport to limit grants for the Promotion of Electric Mobility in Cyprus has sparked serious reactions from electric vehicle importers. The Importers Association claims this move negatively impacts consumers who lose the chance to buy vehicles at a reduced price and puts importers in a difficult position. Despite the Transport Department's intentions to comply with European regulations, protests continue over the lack of transparency and dialogue. The Importers Association warns that Cyprus risks failing its green transition targets.