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Germany Plans Retroactive EV Purchase Incentive With Details Due Friday

The plan targets private households with modest incomes to bolster the domestic auto sector.

Overview

  • The subsidy is reported to apply to battery‑electric cars first registered since January 1, 2026, with final terms set to be presented Friday at 9:30 a.m.
  • Proposed grants range from €1,500 to €6,000 based on income and family status, with eligibility reportedly capped at €80,000 in taxable household income.
  • Families with children would receive higher amounts, according to the reports.
  • Applications are expected to be filed via a new online portal, with submissions possibly starting in May pending confirmation.
  • Environment Minister Carsten Schneider says the funding could cover about 800,000 vehicles over three to four years.