SUBSIDY & TAX

BENEFITTING FROM ELECTROMOBILITY

SUBSIDY PROGRAMS IN GERMANY

Although many countries are offering subsidy programs to incentivise the switch to electromobility, the benefits in Germany are among the most attractive.

VEHICLE TAX

Current law states that all fully electric vehicles registered for the first time between now and 2025 are exempt from vehicle tax until 2030, starting from the day of registration.¹

COMPANY CAR TAXATION

When a company car is used privately as well as for work, the tax is based, among other things, on the car’s gross list price. All fully electric Genesis models are eligible for a generous 50% tax deduction. The same principle applies to those drivers taxed via vehicle log.²

E-PLATES

Another advantage when driving a fully-electric vehicle is the eligibility for e-plates. These special license plates can be used for all fully-electric Genesis models. E-plates allow drivers to enjoy numerous benefits, such as free parking and use of the bus lane.³

Further information on the official fuel consumption and the official specific CO2 emissions of new passenger cars can be found in the 'Guide to Fuel Consumption, CO2 Emissions and Electricity Consumption of New Passenger Cars', which is available free of charge at all sales outlets and at DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Straße 1, D-73760 Ostfildern or at www.dat.de/co2.
1For details on the current legal situation, please visit the Federal Ministry of Finance's website here.
2As of 1 January 2020. More details available here. The law is subject to change.
3The legal basis is regulated in the Electromobility Act (EmoG) and is thus subject to change. Please find out about the current status here.

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