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Germany agrees €3 bln support scheme to make EVs affordable for lower income groups
Summary by ELECTRIC VEHICLES
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Germany Brings Back EV Subsidies With Income-Based Bonus
A month after initial discussions in the parliament, the German coalition (SDP/CDU) has agreed to reintroduce EV incentives in Germany. Exactly two years ago, purchase subsidies were abruptly ended in Europe’s largest auto market. The incentives aim to support low to mid-income households in purchasing zero-emission vehicles. The bonus has an income limit of €80,000 annually, with the limit increasing by €5,000 considering children in the househ…
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