In a proactive move, the Volkswagen brand has announced its decision to assume the government’s portion of an environmental bonus for electric vehicles (EVs) after the German state’s subsidy program was terminated ahead of schedule. This unexpected conclusion comes in the wake of the adoption of a revised 2024 budget.
Volkswagen’s gesture of goodwill is aimed at alleviating the impact of the subsidy program’s premature conclusion on private customers in Germany. Specifically, this initiative applies to those who placed orders for eligible vehicles from the all-electric ID. family before the cutoff date of December 15.
The German government’s subsidy program played a crucial role in incentivizing the adoption of electric vehicles, supporting both consumers and automakers in the transition towards sustainable mobility. The decision to end the program prematurely underscores the evolving landscape of government incentives for electric vehicles and the adjustments automakers are making in response.