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Surge in EV demand blows past German government’s subsidy forecasts

The government expected its EV subsidy scheme to run through 2029 — it may be out of cash by the end of next year.

  • Germany's EV subsidy budget will run out by end of 2027, earlier than planned 2029.
  • Subsidy covers up to €6,000 per vehicle, subsidizing around 800,000 vehicles.
  • EV registrations in Germany surged to 94,000 in October, 37% market share.

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