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Germany Launches €3 Billion EV Subsidy Program for All

1/19/2026

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Summary

Story summary

Germany unveiled a €3 billion EV subsidy program open to all manufacturers, including Chinese brands, on January 19, 2026.
The program would support about 800,000 purchases by 2029, with subsidies from €1,500 to €6,000 based on income and vehicle type.
Carsten Schneider, Germany's Environment Minister, said there is no evidence of a wave of Chinese imports.
The EV tax exemption is extended through 2035, costing €600 million in lost revenue.

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Story summary

Germany unveiled a €3 billion EV subsidy program open to all manufacturers, including Chinese brands, on January 19, 2026.
The program would support about 800,000 purchases by 2029, with subsidies from €1,500 to €6,000 based on income and vehicle type.
Carsten Schneider, Germany's Environment Minister, said there is no evidence of a wave of Chinese imports.
The EV tax exemption is extended through 2035, costing €600 million in lost revenue.