NRW.BANK supports electromobility and air pollution control
Düsseldorf — For better air in North Rhine-Westphalian cities, NRW.BANK is optimizing its promotion offer: Companies can currently save up to one percent interest on the purchase of electric cars and municipalities can invest interest-free in construction measures that benefit air pollution control.
“By adapting our development programs, we are creating an additional incentive to invest in air pollution control in North Rhine-Westphalia, thus supporting the state in achieving its environmental goals,” says Eckhard Forst, Chairman of the Managing Board of NRW.BANK.
Thanks to an additional interest subsidy from NRW.BANK, the interest rate in the NRW.BANK.Electromobility program for companies now starts at zero percent. This makes the loan up to one percent cheaper than other economic development programs. With the product adjustment, the minimum loan amount was also reduced to 10,000 euros and the group of applicants was expanded: from now on, non-profit companies can also take advantage of the loan in addition to freelancers, medium-sized and municipal companies.
“We want to make North Rhine-Westphalia the leading federal state in the field of electromobility and make it easier for people to opt for clean vehicles,” says NRW Economics and Innovation Minister Andreas Pinkwart. “With the program adjustments, we are proactively promoting new registrations of electric cars. That’s how we’re getting electromobility on the road.”
In addition, NRW.BANK also has an offer for municipalities to avoid driving bans in North Rhine-Westphalian cities: A special funding option for municipal air pollution control measures has been embedded in the NRW.BANK.Kommunal Invest program. Municipalities can use it, for example, to invest in vehicles without combustion engines and to finance urban development measures that benefit air pollution control. The interest rate is currently also zero percent. www.nrwbank.de/elektromobilität
NRW.BANK is the development bank for North Rhine-Westphalia. It supports its owner, the state of NRW, in its structural and economic policy tasks. In its three promotion fields “Economy”, “Housing” and “Infrastructure/Municipalities”, NRW.BANK uses a broad range of promotion instruments: from low-interest development loans to equity financing and advisory services. It works together with all banks and savings banks in NRW on a competition-neutral basis. In its promotion activities, NRW.BANK also takes into account existing offers from the federal government, the state and the European Union.