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Germany announces plan for EV subsidy reductions

Teslarati

German politicians said in December that they planned to reduce the incentive program to vehicles that “demonstrably have a positive climate-protection effect,” the Associated Press said. billion set aside for 2023 and 2024 is exhausted, the program will be terminated altogether. After the €3.4

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

Green Car Congress

The Federal and state governments also expect the manufacturers to use self-financed competitive measures to provide incentives for the change of pre-Euro-5 diesel vehicles to vehicles with the latest exhaust gas aftertreatment or electric vehicles. Motor vehicle owners are also entitled to the protection of their trust.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Auction revenues may be used for the public good by allocating the allowance value to: households as dividends; financing investments and other public expenditures; and. Financing Investments and Other Public Expenditures. Allowance value can be used to finance government expenditures of various kinds.

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