E-cars remain too expensive

Electric cars remain an unaffordable luxury for the majority of Greeks and Europeans in general, as in spite of state subsidies, which were also provided in Greece, the purchase cost is in some cases even double that of a conventional car.

Therefore, although in Europe more than one in five cars is now electric (purely electric or hybrid), in more than half of European Union member-states the corresponding market share is below 10%. Market shares are high only in Northern European countries, led by Sweden, where more than half of the cars sold in 2022 were electric. This is linked to a very large extent, as the European Automobile Manufacturers Association (ACEA) points out, mainly to household incomes, but also to increased environmental concerns.

In Greece, the market share of electric cars was 7.9% in 2022, a percentage that would have been much lower if there had...