Environmental Bonus officially extended in Germany (electrive.com)steemCreated with Sketch.

in #news7 years ago


Environmental
Bonus officially extended in Germany (electrive.com)

  • Following an earlier announcement in May, the German “Umweltbonus” (environmental grant), has now officially been extended until the end of 2020.
  • BEVs and fuel cell vehicles are eligible for €2,000 each by the state and the manufacturer (i.e. €4,000 in total), while PHEVs receive a subsidy of €1,500 from both (€3,000 in total).
  • AVAS (Acoustic Vehicle Alerting Systems), the new acoustic warning system that new EVs are required install starting July 1st, will be subsidised with €100.

Analysis & Comments

  • Between the end of January and the end of May, a total of 22,426 applications were made, bringing the total from 97,645 to 120,071. Of those 120,071 applications, 66% are BEVs. Regarding popular brands, BMW leads with 16.2% of applications, followed by Renault (13.3%), VW (12.1%), and smart (11.4%). Tesla currently accounts for 5.1% of applications.
  • While the number of applications has been growing steadily, those totals still imply that the €600m federal subsidy fund remains well filled, particularly given that it is boosted by a further €600m from manufacturers.
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Global warming on the increase, more need to be done for the environment

It's amazing how amazing this figure is
BEVs and fuel cell vehicles are eligible for € 2,000 per state and manufacturer (ie € 4,000 in total), while PHEVs receive a subsidy of € 1,500 from both (€ 3,000 in total).

Indeed, that is some nice help.

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@vlemon, It's important to focus towards the Environment specially in these times when we are seeing the Weather Dynamism. Stay blessed.

It is, also we need to have industry in this space especially in Europe. Most batteries are developed and produced in China whereas Europe is today a big car producer. We are losing ground and the value added in this industry will probably go east in the next years.

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Thank you for adding my Knowledge. Have a blessed time ahead.

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O wow this is awesome this is what the earth needs to help it environment grants are the best!

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