The significantly higher purchase premium for electric cars will soon be extended to the end of 2025.
This is planned for July or August at the latest, said a spokesman for the Federal Ministry of Economics on Thursday in Berlin.
The extension of the so-called innovation bonus, which is currently limited to the end of 2021, was decided at a “car summit” at the end of November.
The doubling of the federal share in the purchase bonus has brought a significant boost to electromobility, said Minister of Economic Affairs Peter Altmaier (CDU).
In order to get more e-cars on the road, a year ago the existing purchase premium (environmental bonus) was increased via an “innovation premium” - since then, new registrations of e-cars have increased significantly. The federal government doubled its share of the bonus. The manufacturers also contribute to the premium. E-cars play a key role in the federal government's strategy to achieve climate goals in transport.
With the doubling of the state share of the environmental bonus, according to the Ministry of Electric Vehicles, which cost less than 40,000 euros net list price, up to 9,000 euros can be applied for as a subsidy. For hybrid cars it is 6750 euros. For electric vehicles above a net list price of 40,000 euros, there is funding of up to 7500 euros for purely electric vehicles and up to 5625 euros for hybrid cars. The applications are processed by the Federal Office of Economics and Export Control.
In the first half of 2021, more premiums were used than in the whole of last year, a total of 1.25 billion euros, according to Altmaier.
“There will be record funding for electric cars this year.
That is why we in the coalition decided to continue the funding until the end of 2025 so that the market ramp-up for electromobility continues to gain momentum. "
From January to the end of June 2021, funding was requested for around 274,000 vehicles.
“This is a strong signal for climate protection and shows the population's sustained increase in interest in electric vehicles.” Since funding began in 2016, as of July 1, funding for 693 601 vehicles has been applied for.