After the postponed final vote of the EU states on the ban of combustion engines in new cars from 2035, the hanging game continues. Although the EU Commission has submitted a proposal to the German government on e-fuel use after 2035, an agreement at the EU summit this week remains doubtful.
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The newly-elected German federal coalition government has presented its coalition agreement. This is titled “Mehr Fortschritt Wagen” and can be translated to something like “dare to innovate” or “dare to make progress.” This, of course, has a number of ramifications for the transport industry.
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German Federal Finance Minister Olaf Scholz has introduced a tax package worth billions into the cabinet to promote electric mobility. The bill provides for an extension of existing subsidies in order to create planning security.
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The German Federal Transport Minister Andreas Scheuer wants to boost electric car sales by raising the ‘Environmental Bonus’ for purely electric cars from currently 2000 to 4000 euros by 2020. The measure would only apply to small battery electric or fuel cell cars with a purchase price of no more than 30,000 euros.
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The German Federal Finance Minister, Olaf Scholz, is apparently planning a string of tax incentives for electric mobility. Tax subsidies for electric company cars and bicycles are to be continued until 2030.
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German Federal Finance Minister Olaf Scholz has announced a significant extension of tax incentives for electric cars and plug-in hybrids as company cars in Germany. The 0.5% rule came into force at the beginning of this year is expected to have an effect beyond 2021, the initial end date.
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