D.Germany will achieve the goal of one million electric cars in July, according to Federal Economics Minister Peter Altmaier (CDU). The goal, which many would have considered “unattainable”, will be reached with “only six months delay,” said Altmaier of the newspaper Tagesspiegel on Friday. The reason is therefore the increased funding programs for e-cars: In the first half of 2021, with a total of 1.25 billion euros, more premiums were already used than in the entire previous year, said Altmaier.
The Minister of Economic Affairs announced that there will be record funding for electric cars this year. Around half of the subsidized vehicles are purely electric vehicles and the other half are so-called plug-in hybrids. Since the start of the environmental bonus in June 2016, over 530,000 vehicles have been funded and around 2.1 billion euros in funding have been paid out.
Seven to ten million electric cars by 2030
The government had once again significantly increased funding through the Corona economic stimulus program. For electric vehicles that cost less than 40,000 euros net list price, the maximum funding amount is now 9,000 euros, for hybrid cars it is 6750 euros. “Overall, the bonus helped many people to opt for an electric car,” said Altmaier.
The minister was convinced that the next milestone of seven to ten million electric cars on German roads by 2030 could even be exceeded. “In the meantime, based on the ruling by the Federal Constitutional Court, we have significantly tightened our climate targets and want to live and operate in a climate-neutral manner as early as 2045,” he said in support. The EU has also made proposals on how to adapt the climate targets for transport by 2030.
“That is why I share the view that in all probability we will see significantly more electric vehicles on German roads much faster in the next ten years,” said Altmaier.
The change to an individual, but climate-friendly mobility is slowly becoming anchored in general awareness, and there is also innovation from companies, said Altmaier. He also referred to the federal government’s funding policy, which has been extended to 2025, which is well received by the citizens.
“The next step will be to create a used car market for electric vehicles. Even today, not every citizen can afford a new vehicle, which is no different with electric vehicles than with combustion engines, ”emphasized the CDU politician.
Altmaier added that it turned out to be correct that the government began to support the establishment of battery cell production in Germany in 2018. Batteries are about a third of the components of an electric car with the greatest relative added value. “That is why it is important that the most modern and sustainable batteries are built in Germany and Europe,” said Altmaier. I assume that around 20,000 jobs will be created here by the end of the decade. “