Guan Cha Zhe Wang·2026-01-20 02:52Group 1 - Germany has reintroduced an electric vehicle (EV) subsidy program worth €3 billion, aimed at stimulating market growth and open to all manufacturers, including Chinese companies [1][3] - The new subsidy plan will support approximately 800,000 new vehicle purchases or leases, focusing on low- to middle-income groups, and is expected to accelerate the adoption of electric vehicles in Germany [4] - The subsidy amounts will range from €1,500 to €6,000 based on vehicle type, household size, and income level, applicable to new registrations starting January 1, 2026, and lasting until 2029 [3][4] Group 2 - The German automotive industry association (VDA) welcomed the new subsidy plan but emphasized the need for improved infrastructure to ensure its effectiveness [4] - The new subsidy is seen as beneficial for companies like Volkswagen and Stellantis, which are increasing their focus on affordable electric vehicle models, as well as for Chinese brands like BYD that are expanding in the European market [4] - Recent developments in EU-China electric vehicle trade negotiations indicate a potential easing of tensions, with agreements that could allow Chinese manufacturers to enter the EU market without facing anti-subsidy tariffs [6][7] Group 3 - Chinese brands are gaining market share in Europe, with projections indicating that by November 2025, their share in the European electric vehicle market could reach a record 12.8% [7] - The expected annual growth rate for Chinese electric vehicle exports to the EU is around 20% from 2026 to 2028, positioning them as a significant driver of global electric vehicle market growth [10]