Car companies are cutting discounts "Electric" In Germany
Frankfurt, May 30 / WAM / This May, automakers reduced the discounts they offer on electric cars in the German market.
The monthly report on the new car market issued by the Center for Private Automotive Research (CAR) stated that this is a direct result of government support that began to be disbursed retroactively as of this month for cars registered during the year.
The current one.
“It appears that automakers are testing the market,” study author Ferdinand Dudenhofer said, adding that the gap in actual purchase prices between electric cars and cars powered by internal combustion engines has returned to
Widening again, contrary to the previous trend.
According to market data for the 20 best-selling electric cars, average discounts decreased from 19.5% last January to 18.6% currently. Thus, electric cars became more expensive to purchase, with an average of 1,971 euros
Compared to a similar car powered by an internal combustion engine. Government support was not included in these numbers.
The Automotive Research Center monitored a decline in discounts in particular on small electric cars, which are likely to be more in line with the requirements of families eligible for government support.
The support includes purchasing or leasing new electric cars, and some hybrid cars that can be charged externally and operate on both electricity and fuel, in addition to electric cars equipped with what are known as range extenders, which are
Small combustion engines help increase the range of an electric car.
To obtain support, the car must have been registered since January 1, 2026. The value of the government subsidy depends on the type of car, the family income, which must not exceed 80,000 euros, and the number of its members, and ranges between 1,500 and 6,000 euros.
The support is limited to private cars and does not include company cars, and it is expected that the allocated financial allocations will be sufficient to support up to 800,000 cars.
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