Electric Mobility Promotion Initiative Adjustments: New Order Submission Guidelines & Preliminary Approval Cancellations

by THEFUTURE.TEAM

February 23, 2026

The Department of Road Transport in Cyprus has recently updated the Electric Mobility Promotion Initiative, detailing revised procedures for preliminary approvals and order submissions. This announcement underscores the regulatory adjustments affecting candidates in various sponsorship categories under the scheme.

Order Submission Deadline Elapsed

Candidates who received notification emails on February 3, 2026, were informed that the deadline for submitting or posting vehicle orders had expired. Under the scheme’s rules, applicants were required to submit proof of orders for new vehicles or confirm receipt of orders for used vehicles, together with supporting documentation. Candidates who failed to meet these requirements have had their preliminary approvals revoked.

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Reallocation Of Preliminary Approvals

Following the expiration of deadlines, preliminary approvals will be reassigned to the next eligible candidates based on lottery rankings within specific categories. In Category D5, approvals will be issued to candidates ranked 524 to 527. Adjustments also apply to Category D7 (positions 73 to 75), Category D9 (positions 79 to 81), and Category D10 (position 16).

Required Documentation And Submission Timeline

Applicants must submit the necessary documentation as specified for their respective sponsorship category to the Department of Road Transport via tomxorigies@rtd.mcw.gov.cy. Each category outlines its own list of required documents and a strict timeline for submission, as communicated in the approval email. Failure to comply within the stipulated period will result in the further transfer of preliminary approvals to additional candidates based on the lottery rankings.

Ensuring Fair Access And Transparency

The updated process aims to maintain clear allocation rules and ensure that available sponsorships are reassigned efficiently when deadlines are missed. The adjustments support the continued rollout of Cyprus’ electric mobility program and the expansion of electric vehicle adoption.

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Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

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Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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