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Germany Proposes New Incentives to Revitalize Electric Vehicle Market

The plan includes subsidies for EV buyers, expanded charging infrastructure, and measures to support the struggling auto industry.

  • German Economy Minister Robert Habeck has proposed a €1,000 charging credit for EV buyers to encourage adoption of electric vehicles.
  • The plan also includes reintroducing purchase subsidies and tax incentives for low- and middle-income buyers of new and used EVs.
  • To support the used EV market, the government suggests a €100 subsidy for professional battery condition checks.
  • The proposal calls for expanding charging networks, reducing electricity costs, and promoting bidirectional charging to address infrastructure and affordability challenges.
  • European lawmakers are discussing flexibility in enforcing stricter CO₂ emissions rules for automakers, with potential penalties tied to multi-year compliance averages.
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