New funding program for charging stations

Status: 11/22/2021 5:12 p.m.

After private individuals, it is now the turn of companies and municipalities: The federal government has launched a new program to support charging stations for electric cars – through the state development bank KfW.

Companies and municipalities can receive funding for new charging stations for commercial or municipal electric vehicles. The grant, which can be applied for from tomorrow, Tuesday, at the state development bank KfW, amounts to 70 percent of the total eligible costs. It is limited to a maximum of 900 euros per charging point. The total volume of the program is around 350 million euros.

The charging power can be up to 22 kilowatts, which should be sufficient for several hours of idle time to fully charge the batteries of many electric vehicles.

100 percent green electricity as a condition

The aim is to create a sufficient charging infrastructure in companies and municipalities – so that they and their employees are motivated to switch to electric vehicles. The prerequisite for funding is that 100 percent of the electricity used for charging comes from renewable energies.

“We want to make it easier for companies and municipalities to switch to a climate-friendly fleet,” said the Federal Minister of Transport, Andreas Scheuer.

KfW funds for private wall boxes exhausted

“An estimated 60 to 85 percent of all charging processes take place at home or at work. That is why charging infrastructure must be created wherever cars are parked for a long time anyway,” said Johannes Pallasch, spokesman for the management team at the National Charging Infrastructure Control Center. “In addition: around two thirds of all new car registrations are company vehicles.”

A few weeks ago KfW ended the federal funding program for private wallboxes because the funds for this amount of 800 million euros had been exhausted. However, in some federal states and municipalities there is also funding for charging stations in private households.

Reference-www.tagesschau.de

Leave a Reply

Your email address will not be published. Required fields are marked *