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Global Trade Alert

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Germany: Introduction of EUR 1.8 billion scheme to support companies in roll-out of HPC infrastructure for electric vehicles

Description

On 14 December 2022, the European Commission approved a EUR 1.8 billion (USD 1.9 billion) financial grant scheme from Germany. The scheme supports the roll-out of high-power charging (HPC) infrastruct...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Dec 2022

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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