German Government subsidises electric trucks


As per reports, Germany’s Federal Gazette published a subsidy policy, which had been submitted by the Federal Ministry of Transport

It has been reported that at the beginning of June, Germany’s Federal Gazette published a subsidy policy, which had been submitted by the Federal Ministry of Transport (BMVI).

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To be eligible, the gross weight of each vehicle must be at least 7500kg and it should be either battery-powered or fuel cell-powered.

Subsidies can be sizeable at around $20,000 for e-trucks up to 12 tonnes and $67,000 for trucks more than 12 tonnes. However, large fleet operators are limited to a maximum subsidy of $837,000.

Initial applications will be open for submissions from July 2018, and $16.7 will be available for distribution in the first year.

It is unclear whether New Zealand will follow in the footsteps of Germany and offer subsidies on a similar scale to local purchasers of electric trucks, with industry commentators saying that unless Australia follows suit, it is unlikely Kiwi e-truck regulators will step up. 

 

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