Germany Suspends EV Solar Charging Subsidy Due to Overwhelming Demand
Just one day after launching a subsidy program for EV solar charging, Germany was forced to stop the subsidy scheme amid booming demand from EV drivers. The plan aimed to subsidize payments for the installation of rooftop solar panels for charging electric vehicles as well as charging and storage points. Funding worth $317 million (300 million euros) from Germany’s transport ministry would have provided subsidies of up to $10,762 (10,200 euros) for homeowners and EV drivers to install private solar panels and charging stations at home. However, the program was unable to keep up with the massive influx of consumer…
