Abbreviated form of legal source(s)
KfW Environment Programme
Description of support scheme
The KfW Environmental Programme supports businesses with the acquisition of electric or hydrogen powered vehicles in commercial use with a low interest loan.
Amount
Up to 100% of the investment sum, at most EUR 25 million, interest rates starting at 1.03 %
Addressees
Domestic and foreign businesses, freelancers, businesses providing services to 3rd parties as contractors. For projects abroad: subsidiaries of German companies and joint ventures that have a significant share of German shareholders.
Procedure
Applicants can prepare the application via an online tool on the website. Then, they must find a financing partner. The bank administers the KFW loan. Further information can be found on this website:
https://www.kfw.de/inlandsfoerderung/Unternehmen/Energie-und-Umwelt/Förderprodukte/Umweltprogramm-(240-241)/
Competent authority
KfW