German Transport Ministry hints at new subsidies for electrifications, worth up to a few billion euro
The plan includes four things:
- increase of the subsidies from €2,000 to €4,000 (∼$4,450) for all-electric cars with price cap up to €30,000 (≈$33,700). There is no info what about the required part from manufacturers (currently €2,000).
- new subsidy of €8,000 for electric taxis and light commercial vehicles
- new incentives for efficient company cars
- additional €1 billion on charging infrastructure
If the plan passes, it could significantly increase the sales of plug-in cars in Germany, which gradually became the top European EV market (by volume).
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