The German coalition government has reached an agreement on several key policies. They will implement a new program to promote electric vehicles, targeting households with low and middle incomes. The program offers a base subsidy of 3,000 euros for the purchase or leasing of new electric or plug-in hybrid cars, with additional support of up to 1,000 euros for families with children and lower-income households, based on taxable income thresholds. The total funding for this initiative is 3 billion euros from the Climate and Transformation Fund, with a launch planned for 2026 pending EU approval. The program aims to make electric mobility more accessible and support industry development, including harmonization with upcoming EU regulations. In addition to the mobility policies, the coalition plans a comprehensive reform of the Building Code to accelerate and simplify housing construction, including digitalizing planning procedures, streamlining approval processes, and strengthening urban safety and resilience measures. They also intend to extend the short-time work allowance to support employment through 2026. Regarding social security, the government is establishing a Renters' Commission by mid-2026 to review and propose reforms for the pension system, focusing on maintaining living standards, adjusting retirement age, and strengthening private and occupational pensions. The pension reform aims to include considerations for women, low-income groups, and early retirees, with a focus on sustainability and adequacy. Furthermore, the coalition will support private retirement savings by introducing reforms to make private pensions more attractive and accessible, including a new standard product and expanding employer-sponsored schemes, supported by a federal investment of 10 billion euros from government holdings in stocks. Overall, these policies aim to promote climate-friendly mobility, streamline housing development, secure employment, and enhance social security systems, reflecting a broad effort to modernize Germany’s economic and social infrastructure.