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E-cars: Volker Wissing is apparently planning a scrappage premium – and a significantly higher purchase premium

2022-05-09T05:22:39.817Z


According to a report, Transport Minister Wissing wants to use a lot of money to get CO₂ emissions under control. The purchase of e-cars should be subsidized enormously - sometimes more than 25 percent of the purchase price.


Enlarge image

E-car at a charging station in Hanover: full funding if eleven-year-old combustion engines are scrapped?

Photo: Julian Stratenschulte / dpa

VW, BMW, Daimler and Co. were not able to push through a general scrapping premium even in the large Corona stimulus package for 2020.

According to a media report, two years later, under Germany's new Federal Transport Minister Volker Wissing, the instrument could now come - at least for the purchase of vehicles with electric drives.

And even so, the Germans are to be persuaded to buy electric cars with significantly more extensive subsidies than they already are, as the "Handelsblatt" reports, citing a government report in which several research institutes have evaluated the draft for an immediate climate protection program.

Accordingly, the FDP politician plans to extend and significantly increase the planned purchase premium for purely battery electric vehicles or fuel cell cars until 2027.

Anyone who buys a car with a maximum purchase price of 40,000 euros will in future receive almost twice as much instead of 6,000 euros: 10,800 euros and thus more than 25 percent of the purchase price.

Costs of up to 73 billion euros

In addition, there is the subsidy from the manufacturers of 3000 euros, which they should also continue to grant until 2027.

For more expensive vehicles up to 60,000 euros, the minister is planning a premium of 8,400 euros instead of the 5,000 euros promised today.

According to the coalition agreement, all purchase subsidies should actually expire in 2025, the effect of the subsidies is controversial.

So far, the coalition agreement has stipulated that the subsidy should be continuously reduced until the middle of the decade.

Accordingly, only 5.9 billion euros are planned in the budget.

According to the report, Wissing's new climate plans provide for significantly higher subsidies.

Buyers should still receive the full subsidy from around the second half of 2023 if they scrap a combustion car that is at least eleven years old.

The value of the scrapping premium could be around 1500 euros.

Both premiums are expected to decrease from 2025 and, according to the expert, cost “up to 73 billion euros”.

In contrast to Federal Minister of Economics Robert Habeck (Greens), Wissing wants to continue to promote the purchase of plug-in hybrids until 2024 and not end it this year.

He wants to halve the subsidy to 2250 or 1875 euros depending on the purchase price.

Apr

Source: spiegel

All business articles on 2022-05-09

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