Greece’s revised National Energy and Climate Plan includes a reduced electromobility penetration target, down to 29 percent of the country’s fleet for 2030 from 32 percent at the beginning of the year, as well as a 19 percent intermediary target for 2025.

The country’s fleet of electric vehicles is expected to increase from approximately 25,000 at present to 85,000 in 2025 and over 750,000 by 2030, according to the revised NECP.

The NECP also favors the maintenance of subsidies and incentives for electric vehicles.

Achieving the revised targets for the reduction of CO2 emissions in the light vehicle sector requires both the continuation of existing policies and the adoption of new policies, as well as the adoption of measures focused on maintaining and improving an appropriate framework for electrification, to a significant extent, of this sector, according to the revised NECP.

Policy measures should include financial incentives for electric vehicle ownership in the form of tax incentives and subsidies, as well as incentives related to the cost of using vehicles, it adds.