Tag Archives: incentive scheme

Germany likely to Miss 1 Million Electric Cars Target by 2020

Germany likely to Miss 1 Million Electric Cars Target by 2020 Angela Merkel Price range axiety

Chancellor Angela Merkel said on Monday that Germany will likely miss the government’s target of bringing 1 million electric cars onto the roads by 2020, according to Reuters. “As it looks at the moment, we will not achieve this goal,” Merkel told fellow lawmakers of her center-right CDU/CSU bloc.   Sluggish Sales The sale of electric vehicles (EVs) has remained

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Germany’s New Electric Car Discount Scheme

Nearly 2,000 people in Germany have applied for the government’s electric car discount scheme, introduced on July 1, and a third of them are buyers of BMW models, a government agency said on Thursday. The scheme, similar to those established in other European countries to spur electric car sales, grants buyers of electric cars a 4,000 euro($4,452.00) discount and gives buyers

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