The maximum amount for the most affordable BEVs could increase to €4,000 ($4,500)
According to Reuters' unofficial sources, the German Transport Ministry would like to increase and prolong subsidies for electric vehicles.
Currently, consumers can count on up to €2,000 subsidy (another €2,000 bonus comes from manufacturers). The new contribution on the federal level would be up to two times higher:
- €4,000 (roughly $4,500) for electric cars with price cap up to €30,000 (≈$33,700)
- €2,500 (roughly $2,800) for electric cars with price cap up to €60,000 (≈$67,400)
As we understand, manufacturers would still be required to contribute an additional €2,000 bonus on their side (but as it's calculated into the MSRP, it's hardly considered as a subsidy).
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The rumored increase of EV incentives could be related to the upcoming introduction of new all-electric cars by German manufacturers like Volkswagen Group, Mercedes-Benz and BMW.