Electric Vehicle Grant Applications Vanish in Seconds
Just 80 spots spark questions as dealerships promote discounts tied to the scheme
The latest round of government incentives for electric vehicles in Cyprus opened — and closed — within seconds today, as all 80 available grants were snapped up almost instantly, leaving many citizens frustrated and suspicious.
The limited number of subsidies, aimed at encouraging the adoption of electric vehicles, had been eagerly awaited by the public. But the speed at which they disappeared has raised eyebrows, especially as several auto dealerships had already been advertising promotional prices tied to the new subsidy scheme.
While the initiative is part of Cyprus’ broader push toward green mobility, the unusually small allocation of grants and the timing of commercial campaigns by car importers have prompted concerns over transparency and fairness. How can dealerships promote discounts based on a grant scheme with just 80 slots? Something doesn’t add up.
Authorities have yet to issue a statement on whether additional funding rounds will be announced or if the application process will be reviewed to ensure equal access in future calls.
As electric mobility gains traction, public trust in how these incentives are distributed could prove just as important as the funding itself.