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M3E increases GHG quota service for cars, vans and now also buses

Profit from electric cars: The startup M3E also secures earnings for e-mobilists through GHG quotas of up to 310 euros, or up to 500 euros for vans. Electric buses are now also eligible and can rake in up to 12,200 euros.

Drawing electricity and drawing coal: The Berlin startup M3E organizes revenue from the GHG quota trading for e-mobilists. | Photo: Apcoa
Drawing electricity and drawing coal: The Berlin startup M3E organizes revenue from the GHG quota trading for e-mobilists. | Photo: Apcoa
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Johannes Reichel

The Berlin-based M3E GmbH has further increased its offer for individuals and operators of e-fleets to generate income from the sale of GHG quotas. Since January 1, 2022, owners of electric cars (Class M1) can earn over 310 euros per vehicle per year, while owners of electric commercial vehicles (Class N1) can earn over 500 euros. Additionally, the Federal Environment Agency has now also recognized the quota eligibility of electric buses. Owners of fully electric buses (Class M3) can earn up to 12,200 euros per vehicle per year in additional revenue from trading GHG quotas. The provider sees itself as one of the most financially attractive in the market and also handles the entire application and processing procedure. The payout of the proceeds can be expected within a few weeks after submission to the Federal Environment Agency.

Innovation: Earn Money with Your Electric Vehicle

Since January 1, 2022, owners of fully electric vehicles (Classes N1, M1, and M3) can earn additional income annually. This is possible through the sale of greenhouse gas reduction quotas (GHG quotas). The quotas can be purchased by companies obligated to meet the emission targets set by the federal government, explains the provider. This concerns all companies that circulate fuels like diesel and gasoline in Germany.

The charging electricity used to generate the GHG quotas is credited to owners of electric vehicles on a flat-rate basis. Per year, this is 2,000 kilowatt-hours for electric cars (Class M1), 3,000 kilowatt-hours for light electric commercial vehicles (Class N1), and 72,000 kilowatt-hours for electric buses (Class M3). These can be marketed via GHG quota services like the one offered by M3E GmbH.

Mobile Application for More Convenient Processing

The provider handles the processing of the complex procedure, bundles the quotas into marketable packages, and sells them under special conditions to quota-paying companies. This process cannot be realized by individuals and small businesses, the company advertises. They highlight their years of experience in electromobility and subsidy consulting and in dealing with regulations. They are also working on a mobile application that is set to be released in the near future. This will make the application process even more user-friendly and efficient, such as by enabling faster and more direct processing of the registration certificate upload, promises the provider.

Translated automatically from German.
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