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BAFA Approves 52,473 Applications for Germany's New EV Purchase Premium

The program prioritizes lower- and middle-income households by offering scaled payments of €1,500 to €6,000 per vehicle.

Overview

  • BAFA has approved roughly 52,473 subsidy applications representing about €230 million in committed funding for electric-car purchases.
  • Most approved claims come from households with annual incomes of up to €45,000, reflecting the policy's income-based targeting.
  • Volkswagen and Tesla are the leading brands in approvals, with about 11,680 Volkswagen purchases and 8,141 Tesla purchases supported so far.
  • The subsidy can be claimed for cars registered since 1 January and applications opened on 19 May, with per-vehicle payments set by model, household size, and income.
  • The scheme is backed by €3 billion from the federal Klima- und Transformationsfonds through 2029 and the environment minister projects it could support roughly 800,000 vehicle purchases as applications continue and BAFA processes claims.