Currently, only 100 of the 13,661 taxis in Athens are electric. The programme, formally launched on Wednesday, aims to increase this number to at least 1,000 within the next 18 months through state and private sector support, Xinhua news agency reported.

Under the existing green taxi scheme, which was announced last year and expires in 2025, taxi drivers can receive a subsidy of up to 22,500 euros (US$24,189), which covers the cost of a new electric taxi, Christos said. Is about 40 percent. Staikouras, Minister of Infrastructure and Transport.

"It is funded by the Recovery and Resilience Fund, and the budget can cover the replacement of 1,770 old, polluting taxis with electric taxis. The pre-condition is to retrofit the old vehicles," he said.

A total of 40 million euros ($42.8 million) are available. He said that till now only 100 applications have been submitted.

To increase speeds, a complementary program called Zap Taxi Club was created by the private sector in coordination with the state. It provides taxi drivers with the additional funds needed to step up through a leasing offer by the leasing branch of the National Bank, one of Greece's systemic banks.

With a monthly fee coupled with a state subsidy, taxi drivers can eventually own a new electric car within a few months. They can choose from vehicles manufactured by seven companies, including Chinese BYD.

He said that in parallel with the green taxi program, the Ministry of Infrastructure and Transport also subsidizes the purchase of electric cars by non-professionals and about 28 million euros ($30 million) has already been allocated.