State policy is on the redefinition of redefinition, as the government is preparing to implement the new program Run electrically 4 with significantly limited subsidies For electric cars, both in amount and in the number of beneficiaries.
The new program strategy is electrically 4 with reduced subsidies for electric cars seeks a greater targeting and retention of fiscal costs.
The program is electrically 3 had reached subsidies of up to 9,000 euros for the purchase of an electric vehicle, without a maximum of the price of the model. This generous policy has been an important incentive to boost the sales of electric IX and the activation of the industry, especially after 2022.
However, the new figure ready to come into force since July 2025 brings sweeping changes. The maximum subsidy is expected to be reduced to 3,000-3,500 euros, while at the same time importing a ceiling on the value of the vehicle, which will range from approximately 35,000 euros before VAT. This means that expensive models and premium options are excluded in an attempt to boost the market for smaller and more affordable EV.
These developments come at a time when the Greek electric market shows signs of fatigue. According to the first quarter 2025 data, electric vehicles declined 9.4% compared to the corresponding period of 2024. The subsidy gap, from the end of the previous program and until the start of the new one, has led several prospective buyers to wait.
The Greek government’s choice to reduce incentives is not accidental as the cost of subsidies is considered high, and priorities are now turning to other areas such as energy efficiency of buildings and supporting public transport.
The reduction in subsidies is expected to hit mainly private consumers who wanted to get an electric car as a replacement of a conventional IX.
The most burdensome are interested in larger or luxurious models, which will no longer be covered by the new state subsidy due to price limits.