German Economy Minister Robert Habeck has announced a new stimulus package that offers a €1,000 charging credit for each electric vehicle, along with additional tax incentives. The goal of this package is to make electric vehicles more attractive to German consumers and accelerate the transition to a more sustainable future.
Habeck stated that the government aims to provide these credits for public charging stations "as an incentive to purchase new and used electric vehicles," according to a document from his ministry published on Thursday in the Funke Media Group newspapers.
The plan also incorporates
purchase incentives. It proposes introducing a tax incentive specifically for
low- and middle-income buyers of electric vehicles. This would allow them to
deduct a portion of the purchase price from their taxes, mirroring the tax
benefits currently available for energy-efficient home renovations.
The ministry is also considering
a leasing model to make electric vehicles accessible to individuals with
limited incomes. The document also focuses on the used electric vehicle market.
It states: "In order to boost the used car market, we want to support
professional battery inspections with an amount of €100."
It's worth noting that electric vehicle sales in Germany have been stagnant for some time. At the end of 2023, the environmental bonus for electric vehicles was discontinued early due to a budget crisis.