Germany Finalizes Electric Car Incentive Package

2 years ago by Eric Loveday 13

Electric Smart & Mercedes-Benz

Electric Smart & Mercedes-Benz

Opel Ampera-e

Opel Ampera-e

An electric car incentive package is now just a step away from becoming reality in Germany.

As Reuters reports (via government sources):

“Germans could get up to 5,000 euros ($5,500) to buy an electric car under government proposals which involve the auto industry shouldering 40 percent of the cost.”

The incentive package was reportedly OK’d by several government departments, including the environment, transport and economy ministries, but the most important ministry in this deal (finance) has yet to sign off on the program. 1.3 billion euros must be secured to fund the program.

The finance ministry did chime in, stating:

“We were not party to these plans and government consultations on this are still ongoing.” 

Reuters adds:

“Under the proposal seen by Reuters, businesses would receive premiums of 3,000 euros for each electric car under a program that runs to 2020. Incentives will fall by 500 euros each year.”

An incentive program such as the one proposed here would certainly help vehicles like the upcoming, 200-mile electric Opel Ampera-e, and other electric cars as well.

Source: Reuters

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13 responses to "Germany Finalizes Electric Car Incentive Package"

  1. kosee says:

    Or the even cheaper e-up and zoe that should soon get a range boost.

    1. mr. M says:

      The eUp! is far from cheap!!! It costs 7.000€ more than the Zoe. Thats a long time i can drive and rent a battery.

      Price for new cars:
      eUp! minimum price is 23.400€
      Zoe minimum price is 16.400€
      Used cars (2 Years):
      eUp! 18.000€
      Zoe 11.000€

      (source: mobile.de now)

      1. Hans Blix says:

        Zoe price is not including battery though.. you have to rent it, not really comparable

      2. kosee says:

        It’s really not that long… I think you should do some TCO calculations or figure out the zoe price for the bought battery.

  2. Josh says:

    Is this BEV only or will PHEVs qualify?

    1. kdawg says:

      And is there a formula for the size of the battery?

  3. Boris says:

    Who wants to bet that they’ll set a maximum price threshold so Tesla won’t be able to participate?

    1. Josh says:

      That would also block out Audi, Porsche, and Mercedes, so I doubt it.

      1. HeisenberghtNUTS says:

        Ich bin mit Boris.

        They will find a way to make the incentives to be on the legal edge of simple donation to the German auto industry.

        The formula will be slightly complicated including weight, kwh, price?, some other stuff and in the end be pro German plug in hybrid. Close to No bev.

        I wouldn’t even wonder if higher battery size would correlate with lower incentive…

        Poops I forget nuts factor.
        Big conspiracy. Only cars with mennekes Mennonites will get gig money. Nay they say! INT!

    2. evcarnut says:

      Yea! they are 0nly going through the motions for carbon credits ..pretending they WANT TO PROMOTE Ev’s , to look good…Mercedes Invested “BILLI0NS” of Euro’s to develop their “new’ Line of diesel engines. The LAST THING THEY WANT IS EV”s…They are 0nly faking it, figuring a few EV’s won’t hurt their diesel business..THE DIESEL GUZZLERS!

  4. Assaf says:

    If anyone can afford this, it’s the German government.

    And given how they fell asleep at the watch over Dieselgate, I guess that was the final straw after years of foot-dragging.

  5. wavelet says:

    So, are there any details of this the proposed plan? What does “involve the auto industry shouldering 40 percent of the cost” mena, exactly? What I’d heard previously was that that a new per-car-sold tax (for all cars, not just EVs) would apply to all manufacturers/importers (presumably they’d pass it on to buyers, but that would be up to them); these tazes would eb pooled to subsidize part of the EV incentive.

  6. martinwinlow says:

    I really don’t understand the idea of giving grants Vs low or even zero interest loans. This allows the EV buyer to reap the rewards (both financial and everything else) immediately and also takes the strain out of the deal from the governments side.

    Is there some cosmic reason why this doesn’t happen? MW