A breath of fresh air is blowing in the world of automotive manufacturing, driven by a zeal for innovation and an increased focus on sustainability. The industry is undergoing a remarkable transformation, characterized by the development of new, environmentally friendly drive types and the pursuit of increased driving comfort. The German government is playing a supporting role in this transformation by providing a range of support programs aimed at assisting the automotive industry on its journey towards future-oriented mobility.
A key component of the government’s support measures is the research allowance, which offers companies the opportunity to receive financial assistance for research and development projects. It is worth noting that companies can claim up to one million euros for their innovation projects, even retrospectively. This opportunity underlines the German government’s willingness to support investments in future technologies and concepts and thus further strengthen the competitiveness of the German automotive industry.
As part of the Growth Opportunities Act, the research allowance is also expected to be increased. This signals even greater support for research and development activities within the industry, providing companies with additional incentives to invest in innovative technologies and solutions. The prospect of an increased research allowance illustrates the government’s commitment to supporting the automotive industry in its pursuit of innovation and sustainability and thus accelerating the transformation towards future-oriented mobility in the long term.
The automotive industry in Germany has always been characterized by strong innovative strength and technical excellence. With the additional support from government funding programs, the industry remains in a good position to remain at the forefront of technological development and consolidate its leading role in the field of mobility.
The transformation in the automotive industry is being further accelerated by the electrification of drive systems, the introduction of new mobility concepts and the expansion of the value proposition of the automobile. These developments are part of a broader mobility and energy transition that is being promoted by international environmental agreements such as the Paris Climate Agreement. The German government is supporting this transition by providing financial incentives through a variety of funding programs.
Electric drive systems exemplify the type of innovation that is driving change in the industry. They offer a greener alternative to traditional combustion engines and improve both the carbon footprint and energy efficiency of vehicles. In addition, the ability to charge electric vehicles with renewable energy promotes independence from fossil fuels.
Another field in which innovation plays a key role is the improvement of driving comfort and safety through advanced technologies such as autonomous driving and connectivity solutions. These technologies transform the car into a versatile space that is not only used for transportation, but can also function as a place to relax, work or spend leisure time. At least that is the dream of the developers.
EPSA Germany offers comprehensive consulting services to further drive innovative change in the automotive industry and support projects in this area. Our team of experienced experts is ready to offer you customized solutions tailored to the specific needs of your company. By using our services, you can raise several million euros that you would otherwise miss out on. Take the opportunity to make the most of government funding programs and successfully implement your innovation projects.
Contact our experts today to find out how we can help you achieve your goals and take the next step towards future-oriented mobility.
Contact:
EPSA Germany Funding Consulting
Christian Fischer
Head of Press and Public Relations
Cecilienallee 6-7
DE-40474 Düsseldorf
Mobil: 0152-227-227-50
Mail: c.fischer@kloepfel-services.com