
Germany opens €3B EV subsidy to Chinese carmakers
Germany’s €3-billion EV subsidy will be available to all manufacturers, including Chinese brands, with incentives ranging from €1,500 to €6,000 to boost EV adoption in Europe’s largest auto market; there are no country-of-origin restrictions, and the policy is expected to support about 800,000 vehicle purchases by 2029, a move seen as a boon for affordable Chinese automakers like BYD though its real impact remains uncertain.




