Greece Extends Its EV Subsidy to the End of 2026 and Adds 10€ Million to the Budget

The Greek government has given the country’s electric vehicle subsidy scheme another lease of life. On 15 July 2026 the Ministry of Infrastructure and Transport published a Joint Ministerial Decision (115362/14.07.2026, Government Gazette B’ 4349) that raises the budget of «Κινούμαι Ηλεκτρικά III» by 10€ million and pushes the application deadline back to 31 December 2026.

It is the sixth amendment to the programme, and the timing tells you something important about how fast the money is moving.

Why this extension matters more than the last one

On 9 July 2026, six days before the announcement, the platform was showing roughly 1.11€ million left out of a 66€ million budget. In practical terms the scheme was almost closed. The top-up lifted the total to 76€ million and restored just over 10.3€ million of immediately available funding.

That is the number to keep in mind. The deadline says 31 December 2026, but the Ministry has been explicit that the window closes early if the money runs out first, and recent history shows it very nearly did. If you have been putting off an application, the calendar is not the binding constraint. The budget is.

Where the 76€ million goes

The new allocation splits as follows:

• Category A (individuals): 48€ million in total, of which 45.39€ million covers M1 and N1 electric cars and light commercial vehicles plus L1e to L7e category vehicles, and 2.61€ million covers electric bicycles.
• Category B (businesses and legal entities): 28€ million in total, of which 27.64€ million covers cars and L category vehicles, and 360,000€ covers electric bicycles.

What individuals can claim

• 3,000€ towards the purchase or long term lease of an electric car with a pre-tax retail price up to 50,000€
• 1,500€ for scrapping an older vehicle
• 400€ towards the purchase of a smart charger
• An additional 1,000€ for buyers with a disability
• An additional 1,000€ for families with three dependent children, or 2,000€ for families with more than three
• An additional 500€ for buyers aged up to 29
• 30% of the pre-VAT price, capped at 1,500€, for L5e to L7e electric tricycles and microcars
• 20% of the pre-VAT price, capped at 700€, for L1e to L4e electric two wheelers
• 30% of the price, capped at 500€, for electric bicycles

What businesses can claim

• 3,000€ per vehicle for the purchase or long term lease of an electric car with a pre-tax retail price up to 50,000€
• 1,500€ per car for scrapping an older vehicle
• 400€ per charger towards smart charger purchases, with no cap on the number of chargers
• 30% of the pre-VAT price, capped at 1,500€, for L5e to L7e electric tricycles and microcars
• 20% of the pre-VAT price, capped at 700€, for L1e to L4e electric two wheelers
• Support for courier, delivery and tourism companies buying up to 10 electric bicycles
• An additional 1,000€ per car for companies operating on Greek islands

The per charger structure of the 400€ subsidy is the part most fleet operators underuse. A company electrifying eight vehicles and installing eight charge points at its premises is claiming the charger subsidy eight times, not once.

The eligibility rules that catch people out

Four conditions account for most rejected applications:

The vehicle must be new and 100% electric, with European type approval. Plug-in hybrids and used vehicles are excluded, without exception.

The pre-tax retail price must not exceed 50,000€. This is the price before VAT and before registration tax, which means several models that look expensive on the showroom sticker are in fact comfortably inside the threshold. It is worth checking rather than assuming.

Expenditure is eligible from 7 June 2025 onwards, so a purchase already completed within that window can still be submitted retroactively, provided no support was received under an earlier cycle.

Payment is made after the purchase is completed and the supporting documents have been submitted. The subsidy is a reimbursement, not a discount at the point of sale, and your cash flow planning should reflect that.

How to apply

Applications go through kinoumeilektrika3.gov.gr. You register on the platform, complete your details, select the vehicle category, model and value, then indicate whether you also want the smart charger subsidy, the scrappage bonus, and any of the additional entitlements you qualify for.

Allow time for the paperwork. Scrappage in particular involves documentation that takes longer to assemble than most applicants expect, and an incomplete file sitting in the system does not reserve budget.

What this means if you are electrifying a fleet

For businesses, the arithmetic has quietly become very favourable. A company replacing a diesel van with an electric equivalent, scrapping the old vehicle and installing a charge point at its depot is looking at 4,900€ per vehicle before any island bonus. Combine that with the tax treatment of electric company cars and the running cost gap against petrol, and the payback period on a small commercial fleet is now measured in a couple of years rather than a decade.

The charging infrastructure side is where the planning tends to lag. Vehicles arrive on a delivery schedule set by the manufacturer, while charge points depend on your electrical supply, your parking layout and, in many buildings, a management company decision. Starting the infrastructure conversation at the same time as the vehicle order, rather than after it, is the single change that saves the most time.

At EV Loader we supply and install AC and DC charge points across Greece and provide the management platform that sits behind them, including access control, consumption reporting per driver or per department, and public charging if you want to open your points to visitors. If you are working through a «Κινούμαι Ηλεκτρικά» application and need the charger side specified properly, we are happy to help you scope it.

Stay ahead of the next change

This programme has been amended six times. Budgets have been raised, deadlines have moved, allocations have been shifted between categories, and the Ministry has already signalled its intention to continue the «Κινούμαι Ηλεκτρικά» scheme with new funding beyond this cycle. Anyone planning a vehicle purchase or a fleet transition over the next year is making decisions against a moving target.

Subscribe to the EV Loader newsletter and we will send you the changes that actually affect your decision: subsidy amendments, deadline shifts, new funding rounds, charging infrastructure programmes such as «Φορτίζω Παντού», and the tax rules for electric company vehicles. No noise, a few emails a month, and you can unsubscribe whenever you like.

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Figures in this article reflect the Joint Ministerial Decision published on 15 July 2026. Programme terms can change. Always confirm current amounts and deadlines at kinoumeilektrika3.gov.gr before submitting an application.