Discover Genesis
Models
Services & Resources
SUBSIDY & TAX
Although many countries are offering subsidy programs to incentivise the switch to electromobility, the benefits in Germany are among the most attractive.
Current law states that all fully electric vehicles registered for the first time between now and 2025 are exempt from vehicle tax until 2030, starting from the day of registration.¹
When a company car is used privately as well as for work, the tax is based, among other things, on the car’s gross list price. All fully electric Genesis models are eligible for a generous 50% tax deduction. The same principle applies to those drivers taxed via vehicle log.²
Another advantage when driving a fully-electric vehicle is the eligibility for e-plates. These special license plates can be used for all fully-electric Genesis models. E-plates allow drivers to enjoy numerous benefits, such as free parking and use of the bus lane.³