Mexican Media Brands
Germany: No Plan for Big EV Incentives
Germany’s transport ministry denies a Der Spiegel report that the government will offer incentives as great as €5,000 ($5,400) to buyers of electric vehicles.
#hybrid
Share
Germany’s transport ministry denies a Der Spiegel report that the government will offer incentives as great as €5,000 ($5,400) to buyers of electric vehicles.
The plan would help the country reach its target of putting one million EVs on the road by 2020, according to the weekly magazine. It says the government may fund the program by raising fuel taxes or hiking fees on vehicles that emit relatively high levels of carbon dioxide.
But the transport ministry insists the government is neither discussing such a plan nor the options mentioned for funding it. Germany currently offers tax breaks for EV owners. Reuters says sales of electric vehicles in Germany totaled fewer than 19,000 units in 2014.
RELATED CONTENT
-
Will Alcraft Take Off?
“British electric vehicle start-up Alcraft Motor Company has revealed details of its first car, the high-performance Alcraft GT.
-
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.
-
Honda to Make Hybrids in Thailand
Honda Motor Co. is preparing to launch production in Thailand of hybrid cars and the batteries that help power them.