German State Subsidies

German State Subsidies

26 October 2022

Germany initially provided €300 million in funding for private chargers but topped up that amount twice and used up €800 million in subsidies. The state-owned KfW bank supported the installation and purchase of wall boxes with a €900 grant. More than 800,000 households applied for and received funding.

Author

Lucidity Insights Research Team profile photo

We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.