Funding record: 3.1 billion euros for electric cars

Funding record: 3.1 billion euros for electric cars-euros

The high state subsidies for the purchase of electric cars led to a record number of applications in the past year. That reports “time.de” citing reports from the German press agency dpa. The responsible Federal Office for Economics and Export Control (BAFA) received funding applications for 625.260 vehicles, reported the authority on request. That was significantly more than twice as many as in the previous record year 2020. At that time there were a good 255.000 cars have been registered for the state bonus. The record sum of 3.1 billion euros was paid out in 2021. That was almost five times as much as the year before.

As the authority based in Eschborn near Frankfurt announced, on 15. The application for the one millionth electric vehicle since the start of funding in 2016 was submitted in December last year. A private person from Baden-Wurttemberg had bought a battery car from a German manufacturer, Bafa is quoted as saying. As can be seen from the statistics, the pure electric vehicles made up almost 335 in 2021.000 subsidized vehicles accounted for the largest share. Ranked second with 291.000 vehicles the group of plug-in hybrids. At the bottom of the subsidy ranking are vehicles with hydrogen engines. Of the fuel cell vehicles, only 48 cars turned up for which grants were requested.

In mid-2020, the purchase bonus (environmental bonus) that had been valid until then was increased by an innovation bonus. The federal government doubled its funding for the purchase of such vehicles. This led to a sudden increase in demand. Together with the subsidy from the manufacturers, buyers of purely electrically operated electric vehicles receive a subsidy of up to 9,000 euros. For plug-in hybrids, there are up to 6750 euros. In order to fully enjoy the bonus, upper limits on the price must be observed.

As recently became known, the new traffic light coalition wants to reform subsidies for electric vehicles and align them more closely with actual benefits for the climate. For the time being, however, the previous practice has been extended until the end of the current year. It had already been determined beforehand that plug-in models must have a minimum electrical range of 60 kilometers instead of the previous 40 kilometers.

Related articles

Please follow and like us:

3 thoughts on “Funding record: 3.1 billion euros for electric cars”

  1. At 10.€000 per charging station would be 310.000 x 2 public 22kW charging points. Even though I have benefited from the funding myself, I think it is more important to promote the broad expansion of charging infrastructure so that e-mobility can really take off. Above all, the “Even if I wanted to, I can’t load” screamers would stop.

    Farnsworth

    Reply

Leave a Comment