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Lucidity Insights Research Team

The State of the Electric Vehicle Revolution 2023

Germany

Germany&rsquo;s sudden spike in EV purchases in 2020 and 2021 is largely attributed to government subsidies and grants.

You could&nbsp;get up to &euro;9,000 on an electric car purchase.

In 2022, the amount has decreased to &euro;6,000.

The government subsidies reduced&nbsp;further to &euro;4,000 in 2023, and is expected to cut back again to &euro;3,000 in 2024 and 2025.

Germany EV Incentives

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