Germany opens EUR 3bln EV support scheme to Chinese importers, FT reports; New subsidy programme that runs till 2029 will support purchase or lease of about 800,000 cars

Germany's new EUR 3 billion electric vehicle support scheme aimed at Chinese importers signals a strategic push in the EV sector, likely aimed at fostering stronger trade ties with China.

Newsquawk StaffPublished 19 Jan 2026, 14:18 UTCOn the live feed at 13:58 UTC — 3 more headlines followed before this page went public

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14:05

Google (GOOGL) Gemini API calls more than doubled to 85bln by August, The Information reports; Gemini enterprise has grown to 8mln subscribers

14:02

India Foreign Secretary signed long-term agreement with UAE for supply of 0.5mln T of LNG per annum and India and UAE to explore partnership in advanced civil nuclear tech

13:58

Germany opens EUR 3bln EV support scheme to Chinese importers, FT reports; New subsidy programme that runs till 2029 will support purchase or lease of about 800,000 cars

13:55

French Finance Minister says France and Germany agree on acting strongly in response to tariff threats related to Greenland

13:47

EU's Dombrovskis says need to work on finding a constructive solution and US tariff threats are not acceptable; do have tools at our disposal, nothing off the table

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Context

This move could lead to increased competition for local manufacturers, while also affecting supply chains and carbon targets within the EU, making it a notable development for various affected sectors.

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