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.
The Electric Vehicle Revolution Has Arrived
The opportunities and challenges presented by the exponential growth found in electric vehicle adoption, with total EV stock expected to reach 138 million by 2030.
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