Germany's EV Subsidies Will Include Chinese Brands
Summary
Germany is reinstating a 3 billion-euro EV subsidy program offering 1,500 to 6,000 euros per buyer from May 2026 through 2029, open to all manufacturers with a focus on lower-income households. The policy potentially boosts affordable EV adoption and opens the market to Chinese brands like BYD, while German authorities emphasize competition and deny an expected influx of Chinese manufacturers, contrasting with policies in the UK and France.