Recently, we learned from relevant channels that Germany plans to gradually reduce government subsidies for new energy vehicles, and it is expected that government subsidies for plug-in models will be cancelled at the end of this year. At the same time, for pure electric models, from now until 2025, government subsidies will be gradually reduced to cancellation.
As a major automobile producer, most of the car manufacturers in the European Union and Germany have set a goal of achieving full pure electrification by 2030, in order to make buyers interested in new energy vehicles such as pure electricity and plug-in hybrid, major developed countries will provide subsidy policies, and Germany's subsidy for electric vehicles is about 6,000 euros (about 41,400 yuan).
Starting in 2023, the government subsidies will be cancelled for plug-in models sold in Germany, because the government believes that the current plug-and-mix models are competitive enough to require subsidies. At the same time, by 2023, the government subsidy for pure electric vehicles in Germany will be reduced to 4,000 euros (about 27,600 yuan), and will continue to shrink until it is cancelled in 2025.