Germany Extends E-Vehicle Tax Incentives Until 2028; BYD to Build Electric Cars in Turkey

Germany Extends E-Vehicle Tax Incentives Until 2028 Germany’s Economy Minister Robert Habeck has announced details about the future support for electric vehicles (EVs) in Germany. The special tax deduction for electric company cars will be retroactively effective from July 1st and will last until the end of 2028. Habeck disclosed this during his visit to Stuttgart for the opening of Mercedes’ own battery development center, eCampus. “I expect this to create a surge in demand from companies,” the Green politician stated on stage. However, apart from the period during which the special deduction can be claimed, no further details on its design were provided.

BYD to Build Electric Cars in Turkey Starting 2026 BYD has signed an agreement with the Turkish government to establish a production facility for electric cars and plug-in hybrids. The plant will have an annual capacity of 150,000 vehicles and is set to be operational in just two and a half years. This will be the second factory focusing on Europe, following the one in Hungary. According to the Turkish Ministry of Industry and Technology, both sides signed the agreement on Monday. BYD is set to invest approximately 920 million euros in Turkey to establish a production site that will create around 5,000 jobs.

MVV Transforms Former US Gas Station into Charging Park The energy company MVV has converted a former US military gas station in the Mannheim city district of Franklin into a charging park for electric cars. The new facility, named “MVV eLadepark Columbus,” features six high-power chargers, each with two charging points, capable of providing up to 300 kW each. A solar panel system with a peak output of 35 kW was also installed on the roof. The transformation took a year and a half from the groundbreaking to the opening this week. Currently, six Hyperchargers from Alpitronic are in use, each offering two HPC charging points with up to 300 kW.

Hyzon Withdraws from Europe Hyzon Motors is ceasing its operations in the Netherlands and Australia to focus entirely on the North American market. This decision was made due to “challenging market conditions in Europe and Australia,” according to a statement from Hyzon Motors. This primarily refers to the discontinuation of subsidy programs for hydrogen vehicles, such as those in Germany. Compared to North America’s efforts to accelerate the transition to hydrogen and the adoption of zero-emission fuel cell technology, government support for fuel cell vehicles in Europe and Australia has diminished, Hyzon explained.

EnerCharge Declares Bankruptcy The Austrian charging infrastructure provider EnerCharge is insolvent. Bankruptcy proceedings have been initiated over EnerCharge’s assets at the Regional Court of Klagenfurt. The Pfalzwerke had joined as investors only this spring. EnerCharge’s debts amount to approximately 15.2 million euros, according to the “Alpine Creditors’ Association.” Currently, there are no financial means available to fund a reorganization plan. The company is now set to be sold as a whole, if possible. The insolvency affects 97 employees and around 125 creditors.