Hurdles to electric car plan
Posted: Sun Nov 21, 2021 9:35 am
News that the government intends to relaunch a subsidy scheme to purchase electric and plug-in hybrid vehicles has renewed the debate over the cost of the vehicles, charging logistics and whether they offer true environmental benefits when virtually all of Cyprus’ electricity is produced by oil.
With conventional fossil-fuel vehicles being gradually phased out, industry insiders say a holistic range of support measures are vital to support the use of environment-friendly vehicles.
A €7 million car scrappage scheme that will subsidise the purchase of electric and plug-in hybrid electric vehicles (PHEVs) is currently being prepared and is expected to be submitted to cabinet for approval at the beginning of December.
The scheme will subsidise the purchase of an electric car with the optional scrappage of the owner’s old car which must be over a certain age (12 or 15 years – the details have not been finalised yet). The scheme also provides for the purchase of a used electric car up to two of three years old, or the scrappage of an old car and purchase of a PHEV.
Reports have said the subsidy would be €9,000 for the purchase of an electric car and an additional €1,000 for scrapping an old conventional one but the transport ministry would not confirm this, saying the details are still not final, while the cabinet might make changes to the proposal.
The scheme is part of the government’s goal for electric cars to make up one fourth of newly registered vehicles by 2030.
Transport Minister Yiannis Karousos said in July that 201 such vehicles had been registered so far this year.
In 2020, 77 new electric vehicles were registered. The goal is to have around 1,000 next year, including cars, motorcycles and electric bicycles, to gradually reach 36,000 in total by 2030. The goal also includes replacing all motorcycles used in the public sector with electric ones by 2023.
The ministry plans on introducing more schemes for the purchase of electric bicycles, motorcycles, buses, commercial vehicles, taxis, vehicles for disabled persons and large families.
An original car scrappage scheme to promote electric vehicles in mid-2020 had to be abandoned because of the economic impact of the coronavirus on the state budget. According to Christos Papamichael, advisor associate to the transport minister, the ministry had received around 1,000 applications at the time.
An important part of the new scheme is that it includes second-hand electric cars.
“After speaking with importers, it emerged it would not be possible for factories to manufacture and deliver a large number of vehicles within the next year, which would mean not meeting the goals set,” Papamichael told the Sunday Mail.
Subsidising the cost of a used electric car will perhaps give those on lower incomes the chance to purchase one. New vehicles are out of reach for many, with the smallest electric car models starting at around €26,000.
According to the pricelists of their importers, a Fiat 500e starts from €26,500 and a Volkswagen ID.3 which is also considered to be in the compact category but roomier, starts from €34,500. Medium sized ones such as the Hyundai Kona start from €33,900. The Nissan Leaf’s starting price is €34,500. The Mercedes Benz EQC (N293) which is branded as a ‘luxury SUV’, starts from €67,000. The Audi e-tron can be found from €78,000.
As regards PHEVs, a Renault Captur starts from €28,000, the Jeep Renegade from €36,900 and the Toyota Rav4 from €50,200. Prices vary of course, depending on size, model, battery range and other features.....
Read the article and chat about it below...
With conventional fossil-fuel vehicles being gradually phased out, industry insiders say a holistic range of support measures are vital to support the use of environment-friendly vehicles.
A €7 million car scrappage scheme that will subsidise the purchase of electric and plug-in hybrid electric vehicles (PHEVs) is currently being prepared and is expected to be submitted to cabinet for approval at the beginning of December.
The scheme will subsidise the purchase of an electric car with the optional scrappage of the owner’s old car which must be over a certain age (12 or 15 years – the details have not been finalised yet). The scheme also provides for the purchase of a used electric car up to two of three years old, or the scrappage of an old car and purchase of a PHEV.
Reports have said the subsidy would be €9,000 for the purchase of an electric car and an additional €1,000 for scrapping an old conventional one but the transport ministry would not confirm this, saying the details are still not final, while the cabinet might make changes to the proposal.
The scheme is part of the government’s goal for electric cars to make up one fourth of newly registered vehicles by 2030.
Transport Minister Yiannis Karousos said in July that 201 such vehicles had been registered so far this year.
In 2020, 77 new electric vehicles were registered. The goal is to have around 1,000 next year, including cars, motorcycles and electric bicycles, to gradually reach 36,000 in total by 2030. The goal also includes replacing all motorcycles used in the public sector with electric ones by 2023.
The ministry plans on introducing more schemes for the purchase of electric bicycles, motorcycles, buses, commercial vehicles, taxis, vehicles for disabled persons and large families.
An original car scrappage scheme to promote electric vehicles in mid-2020 had to be abandoned because of the economic impact of the coronavirus on the state budget. According to Christos Papamichael, advisor associate to the transport minister, the ministry had received around 1,000 applications at the time.
An important part of the new scheme is that it includes second-hand electric cars.
“After speaking with importers, it emerged it would not be possible for factories to manufacture and deliver a large number of vehicles within the next year, which would mean not meeting the goals set,” Papamichael told the Sunday Mail.
Subsidising the cost of a used electric car will perhaps give those on lower incomes the chance to purchase one. New vehicles are out of reach for many, with the smallest electric car models starting at around €26,000.
According to the pricelists of their importers, a Fiat 500e starts from €26,500 and a Volkswagen ID.3 which is also considered to be in the compact category but roomier, starts from €34,500. Medium sized ones such as the Hyundai Kona start from €33,900. The Nissan Leaf’s starting price is €34,500. The Mercedes Benz EQC (N293) which is branded as a ‘luxury SUV’, starts from €67,000. The Audi e-tron can be found from €78,000.
As regards PHEVs, a Renault Captur starts from €28,000, the Jeep Renegade from €36,900 and the Toyota Rav4 from €50,200. Prices vary of course, depending on size, model, battery range and other features.....
Read the article and chat about it below...