Κινούμαι Ηλεκτρικά 3: Electric Mobility Subsidy Program”

Κινούμαι Ηλεκτρικά 3:...

Κινούμαι Ηλεκτρικά 3:  Electric Mobility Subsidy Program”

Subsidy program for the purchase of electric vehicles and chargers.

The Greek government’s program for promoting electromobility and sustainable mobility.

The new subsidy program for electric vehicles “Move Electric 3” comes into effect on May 1, 2024, with a total budget of 33 million euros, which provides increased subsidy amounts for private consumers, which can reach up to 11,500 euros.

As for legal entities, the subsidy is reduced, as there are other tax benefits in this category. “Move Electric 3” also subsidizes electric two-wheelers-moto, electric bicycles, and microcars.

According to announcements from the political leadership of the Ministry of Infrastructure and Transport, on the occasion of the publication of the relevant JMD in the Government Gazette, the pilot operation of the platform (https://kinoumeilektrika3.gov.gr) begins tonight, where everyone can find the required documents needed to subsidize the purchase of an electric vehicle. By the end of the week, it will be fully operational, with applications submitted until April 30, 2025.

Key Points of the program:

  1. Program duration: annual
  2. Action budget 33 million euros, of which 13 million for individuals and 20 for legal entities – The amount may increase from environmental taxes
  3. 90% of the amount concerns cars and motorcycles while 10% bicycles.
  4. Subsidy 30% – up to €1,300 (for vehicles of categories L1e-L4e)
  5. Subsidy 40% – up to €3,000 (for vehicles of categories L5e-L7e)
  6. Additional subsidies for:
  • Families with at least (3) dependent children & PwD, 500 euros
  • Youths up to 29 years old, 1000 euros but only for L6e–L7e
  • Withdrawal, 400 euros.
  1. The purchase of an additional battery is subsidized with €300, provided it is part of the basic equipment of the vehicle.
  2. Electric wheelchairs for PwD fall under category L1.
  3. The subsidy for withdrawing old vehicles of category L5-L7 (including ATV-type vehicles) is increased to €1,500 from €400 in Move Electric 2.
  4. The subsidy for withdrawing old vehicles of category L3-L4 (motorcycles) is increased to €800 from €400 in Move Electric 2.
  5. For electric bicycles, it remains as it was in Move Electric 2.
  6. Natural persons are allowed 1 application.
  7. Legal entities, no application limit.
  8. The total limit of any kind of aid per group of companies now amounts to €300,000 over a rolling three-year period.
  9. The subsidy payment time is reduced as individual stages of the process are eliminated.

Only one request is made by the citizen or business after the vehicle has been purchased or leased.

The natural or legal person submits electronically, a receipt or purchase invoice along with other supporting documents.

Based on this, they are automatically informed of the subsidy amount and additional subsidies for special categories (island, PwD, large family, youth).

With the digital application number, they enter a queue (first in – first served), while at the same time the subsidy amount they are entitled to is reserved.

Eligible expense date 1/5/2024 | Application submission until 30/4/2025

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