The incentives and legislations section is undergoing a comprehensive annual update for 2025, due to be published by 18th April 2025.

The last annual update was to represent situation as of 2024, publihsed on 23rd April 2024.

Incentives and legislation that aim to increase uptake of alternative fuels vehicles and infrastructure.

If you know of other national or local incentives that should be included in this section, please send us an email, or use the button on the right, and let us know. We review the proposed changes and implement the updates on a short notice. 

Purchase subsidies

Greece's “I Move Electrically 3” programme offers extensive subsidies for BEVs, valid retroactively from 1 May 2024:

• Individuals: 30% subsidy on the net retail price (NRP), up to €9,000.
• Scrappage bonus: €2,000 (vehicle ≥10 years old).
• Young buyers (≤29), large families, and people with disabilities: +€1,000.
• Taxis: 40% subsidy, max €17,500 + mandatory €5,000 scrappage bonus.
• Companies:
  • 1–20 vehicles: 30% subsidy, up to €8,000 per vehicle.
  • Over 20 vehicles: 20%, up to €6,000 per vehicle.
  • Greek islands: +€4,000 per vehicle.
• Electric two/three-wheelers: 40%, max €3,000; electric bicycles: 40%, max €800.

Total programme budget is €33 million, expected to be fully allocated before 30 April 2025.

 

Registration tax benefits

BEVs are fully exempt from registration tax. PHEVs emitting ≤50 g CO₂/km receive a 75% reduction, while hybrids emitting >50 g CO₂/km receive a 50% reduction. Vehicles emitting <120 g CO₂/km are also exempt from registration tax, indirectly supporting BEVs.

Ownership tax benefits

BEVs are fully exempt from the annual circulation tax and are not subject to the personal income presumption system. Hybrids emitting ≤122 g CO₂/km are also exempt. For hybrids registered before 31 October 2010:

• Engine ≤1,549 cc: full exemption
• Engine >1,549 cc: pay 60% of standard tax

 

Company tax benefits

• Benefit-in-Kind (BIK) exemption: BEVs and PHEVs emitting ≤50 g CO₂/km are exempt if NRP ≤€40,000. For higher values, up to €40,000 is deductible from taxable income.
• Leasing deductibility: 50% increase in tax deductibility for zero-emission fleet vehicles.
• Luxury tax exemption: BEVs are exempt from both luxury and luxury living taxes.
• Charging infrastructure: Companies benefit from tax allowances and increased depreciation for installing chargers.
• Fleet subsidies: 15% of purchase price, max €6,000 per vehicle; +€4,000 for companies on Greek islands.

VAT Benefits

A reduced VAT rate of 13% applies to BEV purchases, compared to the standard 24%. Circular E.2060 has clarified VAT treatment for charging services to ensure consistency and incentivisation.

Other financial benefits

In addition to purchase and tax incentives, BEVs benefit from exemption from urban driving restrictions in cities such as Athens.

Local incentives

In urban areas, such as Athens, BEVs are exempt from inner-city access restrictions aimed at curbing air pollution. Local municipalities also manage implementation of infrastructure and are eligible for related national funding.

AF infrastructure incentives

• Home charging: €500 subsidy for Wallbox installations by individuals.
• Company charging: €400 subsidy per Wallbox.
• Municipal obligations: Since March 2021, all municipalities are required to maintain EV charging stations within their jurisdiction.

 

Announced Policy Changes (Effective Later in 2025 and After)

Greece aims for one in three new vehicles to be electric by 2030, with ongoing support for subsidy schemes, charging infrastructure expansion, and preferential tax treatment to support this target.

Institutions Involved in Incentives html Copy Edit

Ministry of Environment and EnergyMinistry of Infrastructure and TransportMinistry of FinanceHellenic Association of Motor Vehicle Importers-Representatives (AMVIR)Center for Renewable Energy Sources and Saving (CRES)Regulatory Authority for Energy (RAE)Local MunicipalitiesGreek Automobile Federation (ELPA)

Sources

Details drawn from official communications of the Ministry of Environment and Energy, tax circulars (e.g. Circular E.2060), and programme documentation from “I Move Electrically 3”.