Mexican Media Brands
Germany Ponders New EV Subsidies
Chancellor Angela Merkel tells reporters that Germany may introduce new subsidies for electric vehicles to help meet a goal of putting 1 million EVs on the road by 2020.
#hybrid
Share
Chancellor Angela Merkel tells reporters that Germany may introduce new subsidies for electric vehicles to help meet a goal of putting 1 million EVs on the road by 2020.
If so, she says, the incentives would go into effect after the next general election about a year from now.
Germany registered only about 2,300 EVs from January through August, according to the Centre of Automotive Research at the University of Duisburg-Essen. The group dismisses the government's EV target as "unworldly and naive."
Germany has pledged to spend €1 billion ($1.3 billion) on EV and battery research, Reuters notes. The news service says the government also plans to give EV buyers a 10-year exemption from vehicle taxes if they buy a vehicle before the end of 2015.
But Reuters says those incentives are mild compared to France, where the government intends to boost incentives on EVs 40% to €7,000 ($9,000) and double payments to hybrid buyers to €4,000 ($5,200).
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.
-
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.