Feb 27 • 08:42 UTC 🇬🇷 Greece Naftemporiki

"Moving Electrically": Three-month extension and budget increase

The Greek Ministry of Infrastructure and Transport has announced a three-month extension and a budget increase for the 'Moving Electrically' program.

The Greek Ministry of Infrastructure and Transport has officially announced a three-month extension along with a budget increase for the 'Moving Electrically' program, which is aimed at promoting electric vehicle use. This announcement was made on Friday, with the relevant decision being published in the Government Gazette. The budget for this third phase of the initiative has been increased by €3 million, bringing the total budget to €60 million.

The new funding will be allocated primarily to subsidies for legal entities purchasing electric vehicles, categorized as Category B, and for individuals buying bicycles, categorized as Category A. This redistribution of the budget illustrates the government's commitment to expanding the electric mobility sector and encouraging the transition to environmentally-friendly transportation methods. Furthermore, the extension allows new applications for subsidies to be submitted until June 30, 2026, although this deadline may be shortened if funding is exhausted sooner than anticipated.

The Ministry has expressed its intent to ensure the continued operation of the 'Moving Electrically' initiative throughout 2026, indicating plans for additional financial resources to support the ongoing transformation towards a more sustainable transport system in Greece. This proactive approach not only aligns with environmental goals but also underscores the government's recognition of the growing importance of electric mobility in combating climate change and enhancing urban air quality.

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