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German EV subsidy demand exceeds all expectations

Original: elektroauto prämie

Germany's electric car purchase premium, the so-called Umweltbonus, is drawing far more applicants than officials anticipated. The Environment Minister said the scheme "exceeds all expectations," as drivers rush to claim state support before funding runs out. The surge has reignited debate over whether the subsidy budget is sufficient and how long buyers can still count on the bonus.

Why now: Demand for Germany's EV purchase premium is far higher than expected, raising questions about funding running out

UmweltbonusGerman Federal Ministry for the Environmentelectric vehiclesGermany

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