Mexican Media Brands
Germany Approves Incentives for EVs, Plug-in Hybrids
The German government has approved tax breaks and purchase discounts to help bolster demand for electric and plug-in hybrid vehicles.
#hybrid #regulations
Share
The German government has approved tax breaks and purchase discounts to help bolster demand for electric and plug-in hybrid vehicles. The program cost will be split 50:50 with the country’s auto industry.
Buyers of EVs and plug-ins will receive a one-time payment of €4,000 ($4,500) and €3,000 ($3,400), respectively. EV owners also won’t have to pay a vehicle tax for 10 years (double the previous exemption), effective last Jan. 1.
The €1 billion ($1.1 billion) program includes €300 million ($339 million) in funding to build charging stations in Germany.
Germany has roughly 50,000 EVs and plug-ins in use today. The government’s ambitious goal is to raise that number to 1 million vehicles by 2020.
RELATED CONTENT
-
The U.S. Military Finds New Roads: Fuel Cell Powered Pickups
While it seems that fuel efficiency as related to the U.S. federal government is all about light duty vehicles, that’s far from being the case.
-
Engineering the 2019 Jeep Cherokee
The Jeep Cherokee, which was launched in its current manifestation as a model year 2014 vehicle, and which has just undergone a major refresh for MY 2019, is nothing if not a solid success.
-
Electrically Improving Powertrains
The good news about downsized powertrains is that they can provide greatly improved fuel efficiency compared to larger engines. The not-so-good news for many drivers of cars with these smaller engines under the hood is that they can lack performance.