Like it did with passenger EV rebates in December, Germany has decided to pull the plug on subsidy programs for electric semi-trucks and city buses. What happens to the nation’s commercial EV market now?
When the German government established the funding program for climate-friendly commercial trucks in 2021, the subsidies were seen as a highly effective tool to drive up demand for electric vehicles in the medium- and heavy-duty truck markets.
Source: Electrek: Read The Article
PSR Analysis: Large orders suggest that subsidies have worked, but what remains in question is whether these orders will fall back without any subsidies like the EV Car market has. PSR
Guy Youngs is Forecast & Adoption Lead at Power Systems Research
