They are small, silent, efficient, and green. Limassol''s public transportation company, also known as EMEL, has incorporated 35 electric mini-buses into its fleet, made by Chinese bus manufacturer Kinlong.
The young firm is still developing its image and according to the company''s CEO, George Kyriakou, there is no better way to create a brand image than by going electric.
He told CGTN: "It gives credibility to your social role as public transport in the community that if you have 30 passengers in a bus, it means 30 private cars are not being used. Now the bonus is that this bus will have zero emissions and that is social responsibility."
With the COP28 summit underway in the UAE, the eyes of the world are on political leaders and the decisions they will make to reduce emissions and accelerate the path to net zero. Many leaders, including the Greek Prime Minister, Kyriakos Mitsotakis, have stressed the need for communities and cities to embrace electrification and highlight its benefits.
While EMEL is using mini-buses to adapt to the narrow streets in Limassol, in the Greek capital of Athens there is a similar push for electric micro-mobility, but for individuals. In the area of Keratsini, near the port of Piraeus, Nikos Zoubis''s dealership focuses exactly on that - providing micro-mobility solutions.
In cooperation with Chinese EV manufacturer Zhidou, it offers a range of small electric vehicles designed for urban driving or areas with narrow streets, such as on the Greek islands.
"The total Santorini road network is maybe roughly 50 or 60 kilometers," says Kyriakou. "For these vehicles, you can drive six circuits. I think micro-mobility should be the future for Greece and also for the other Europeans. That''s why we provide micro utility vehicles. Also, we provided a micro passenger car."
That''s why the Greek Prime Minister says he believes that these vehicles can make a difference when it comes to carbon neutrality, especially on the islands and in urban areas.
"You''ve seen some of the examples," says Mitsotakis. "These examples are particularly important, not just because they highlight the impact that technology can have on helping these islands reach climate neutrality targets before the rest of the country.
"They''re important because, what we have succeeded in doing is also to bring the local communities on board and help them understand that the green transition is a tremendous opportunity for them."
While the infrastructure both in Greece and Cyprus is still developing for larger and long-range EVs electric minicar sales are taking off, primarily driven by advanced battery and short charging times. And that is making these mini cars move in the market''s fast lane.
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Key regions: United States, Germany, Netherlands, China, United Kingdom
CO2 emissions exert a profound influence on climate and the environment, fueling the greenhouse effect and contributing significantly to global climate change. Nearly one-fourth of these emissions worldwide can be attributed to the transportation sector. Electric vehicles (EVs) emerge as a promising solution, potentially acting as a carbon-neutral alternative when powered by renewable energy sources. This underscores their pivotal role in mitigating the impact of traditional combustion engine vehicles on the environment.
The Electric Vehicles market includes information about electric vehicles in countries where, according to our sources, a public electric vehicle charging infrastructure is already available. In this context, "public" means that people have unrestricted access to the charging infrastructure. A vehicle can be defined as electric if it is self-contained with a battery or classified as a plug-in hybrid. All key figures shown represent the sales of new cars, and their basic configuration in the respective year. The figures do not include the sale of used vehicles nor adapted equipment for the new cars sold. The prices and revenues shown are accordingly based on the basic models.
The Electric Vehicle market is divided into distinct two distinct markets, namely Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). This categorization allows for a nuanced understanding of the market dynamics, considering the specific attributes and market penetration of each electric vehicle type. The emphasis on new car sales and their foundational configurations ensures clarity, while the exclusion of used vehicles and customizations maintains focus on the evolving landscape of electric vehicles.
Today the European Commission concluded its anti-subsidy investigation by imposing definitive countervailing duties on imports of battery electric vehicles (BEVs) from China for a period of five years. As previously disclosed, the investigation found that the BEV value chain in China benefits from unfair subsidization which is causing threat of economic injury to EU producers of BEVs. As a result, the duties will enter into force on the day following publication in the Official Journal.
In parallel, the EU and China continue to work towards finding alternative, WTO-compatible solutions that would be effective in addressing the problems identified by the investigation. The Commission also remains open to negotiating price undertakings with individual exporters, as is permitted under EU and WTO rules.
Countervailing duties imposed for five years
As from the entry into force of the measures, sampled Chinese exporting producers will be subject to the following countervailing duties:
Other cooperating companies will be subject to a duty of 20.7%. Following a substantiated request for an individual examination, Tesla will be assigned a duty of 7.8%. All other non-cooperating companies will have a duty of 35.3%.
Definitive duties will be collected as of entry into force. The provisional duties imposed on imports of BEVs from China on 4 July 2024 will not be collected.
Ensuring the effectiveness and fairness of measures
Going forward, the Commission will monitor the effectiveness of the measures in force, including to ensure that they are not circumvented.
Any exporting producer who cooperated and is subject to the sample average duty, or who is a new exporter, is entitled to request an accelerated review to establish an individual duty rate.
Importers may request a refund if they believe their exporting producer is not subsidised or if their subsidy margin is less than the duties paid by the importers. Such a request should be duly substantiated and supported by the respective evidence.
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