Household - Environmental bonus for electric cars ends on Sunday at midnight
The German government is pressing ahead with the planned earlier end of the state purchase bonus for electric cars and is discontinuing the environmental bonus at the end of Sunday. At the end of December 17, 2023, no new applications for the environmental bonus can be submitted to the Federal Office of Economics and Export Control (Bafa), the Ministry of Economics and Climate Protection announced in Berlin.
Accordingly, subsidies that have already been approved are not affected by the end of the subsidy and will be paid out. Applications received by Bafa up to and including December 17, 2023 will be processed in the order in which they are received.
The background to the decision is the ruling of the Federal Constitutional Court, which forces savings in the federal budget.
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- The environmental bonus for electric cars, a significant incentive offered by the Federal Government in Germany, will conclude on Sunday at midnight.
- The federal office of economics and export control (Bafa) is the authority responsible for processing applications for the environmental bonus, despite the impending end of the subsidy.
- Sunday, December 17, 2023, marks the cutoff date for any new applications for the environmental bonus, as announced by the Federal Government in Berlin.
- Although the state purchase bonus for electric cars is scheduled to end earlier, the subsidies that have already been approved will not be affected and will still be paid out.
- The ruling of the Federal Constitutional Court, which necessitates budgetary savings, serves as the basis for the decision to discontinue the environmental bonus.
- Environmentally conscious households in Germany are advised to consider purchasing an electric car ahead of Sunday's deadline to take advantage of the environmental bonus before it expires.
Source: www.stern.de