Source: Photo.com
Last Saturday (December 16) local time, the German Federal Ministry of Economic Affairs and Climate Protection announced on its official website that in order to fill the budget gap, the government decided not to accept new electric vehicle (EV) subsidy applications from Monday (December 18).
In total, the ministry has paid around 10 billion euros in subsidies for around 2.1 million electric vehicles since 2016, the German economy ministry wrote, "The project has been very successful and has given a significant boost to the development of the German electric vehicle industry." ”
Regarding the decision to end the subsidy early, the press release explains that the Federal Constitutional Court ruled last month that the government could not use the 60 billion euro emergency loan originally planned to be used to deal with the pandemic as a "Climate Transition Project" (KTF) fund, resulting in a shortfall of 17 billion euros in the 2024 federal budget.
In 2022, the German government announced that from January 1, 2023, consumer subsidies for pure electric vehicles under 40,000 euros will be reduced from 6,000 euros to 4,500 euros, and then to 3,000 euros in 2024. The latest decision means that the 4,500 euros from December 18 until the end of the year and the 3,000 euros next year will no longer be issued.
Europe has become the world's largest sales market for new energy vehicles
At present, with the intensification of environmental pollution and oil crisis, countries around the world are attaching great importance to the development of new energy vehicles. In 2020, Europe surpassed China to become the world's largest NEV sales region, accounting for 43.80% of global NEV sales in 2020, according to EV Sale and SMM data.
EU policies promote the development of new energy vehicles
As the largest economic and political community in Europe and even the world, the EU attaches great importance to the development of new energy vehicles. According to the statistics of the European Commission's climate department, motor vehicles are an important source of carbon dioxide emissions in the EU, accounting for about 12% of the total carbon dioxide emissions in the EU, therefore, the EU requires that from 2021, the average carbon dioxide emissions of new passenger cars in the EU shall not be higher than 95 grams per kilometer, and by 2025, the carbon dioxide emissions of new passenger cars will be reduced by 15% on the basis of 2021, and by 2030, it will be reduced by 37.5% on the basis of 2025. At the same time, the EU is also preparing to set up a clean energy vehicle investment fund of 400-60 billion euros to ensure the development of new energy vehicles-related supporting facilities.
Driven by the policies of the European Union and European countries and European new energy vehicle technology, European new energy vehicles have begun to develop rapidly. According to the development goals of new energy vehicles in European countries, the popularity of new energy will reach 100% in the future, which will further promote the development of new energy vehicles in Europe, and the development prospects of the new energy vehicle market in Europe are good.
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