Germany’s Environment Ministry says demand for a new premium subsidy for electric vehicles is strong. The ministry received about 23,000 applications after launching the program on Tuesday. Eligibility is retroactive for vehicles registered during the current calendar year, including new pure electric vehicles, battery electric vehicles with a range extender, and plug-in hybrids. Most applications were for electric vehicles, while the remainder were for plug-in hybrids. About half of applicants come from households with taxable income up to 45,000. The subsidy amount depends on vehicle characteristics and household income.
"Germany's Environment Ministry says there's no shortage of customers for its new premium paid to people on more modest incomes buying electric vehicles (EVs). It said on Friday that it had already received around 23,000 applications, having only launched the program this Tuesday. One reason for the high uptake could be that it is retroactive."
"Anyone who has already bought a new pure EV, a battery EV with a range extender, or a plug-in hybrid and registered it during the current calendar year is eligible to apply. According to a ministry spokesman, nine of 10 applications were for electric vehicles and the rest were for plug-in hybrids."
"He said around half of the applicants were from households with a taxable income not exceeding 45,000 (roughly $52,200). Depending on the"
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