Volkswagen to pay subsidies to buyers of its ID electric cars

Germany's economy ministry ended the seven-year subsidy programme for electric vehicles, scrapping plans to offer reduced subsidies until the end of 2024

Vehicles delivered and registered this year will receive the full subsidy of up to €6,750 Those registered between January 1 and March 31 will receive €4,500, Volkswagen said.

Volkswagen said buyers of its ID electric vehicles will have their subsidy paid for by the automaker after the government ended a state scheme prematurely.

The offer will apply to private customers in Germany who ordered an eligible vehicle from the all-electric ID range before December 15, it said.