Mexican Media Brands
Germany Moves Closer to Decision on EV Incentives
Germany, which has for months debated the question of using government incentives to bolster demand for electric vehicles, appears to be moving closer to an answer, Bloomberg News reports.
#hybrid
Share
Germany, which has for months debated the question of using government incentives to bolster demand for electric vehicles, appears to be moving closer to an answer, Bloomberg News reports.
Chancellor Angela Merkel has set a goal of putting 1 million EVs on the road in Germany by 2020. But so far only about 30,000 electrics have been sold in the country. Earlier today she commented that hiking EV sales could be “extremely important” for the country’s carmakers and job market.
Vice Chancellor Sigmar Gabriel favors a combination of government and carmaker incentives worth €5,000 ($6,000) per EV to promote sales. But Finance Minister Wolfgang Schaeuble prefers that manufacturers fund the entire plan.
Merkel likens the shared incentives scheme to a form of social welfare that would benefit German citizens. Opponents insist the country’s domestic carmakers, which are enjoying record profits, shouldn’t receive government aid to further boost their sales.
Gabriel says the government hopes to reach agreement by the end of March.
RELATED CONTENT
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
FCA Opens the Door to The Future
FCA introduced a high-tech concept vehicle today, the Chrysler Portal, at the event previously known as the “Consumer Electronics Show,” now simply CES.
-
Will Alcraft Take Off?
“British electric vehicle start-up Alcraft Motor Company has revealed details of its first car, the high-performance Alcraft GT.