Germany To Spend 2 Billion Euros On Encouraging People To Buy Electric Cars

Jan 17, 2016 12:39 PM EST | John Nassivera


Germany appears to be focusing more on having drivers go green, as the country's Economy Minister Sigmar Gabriel wants to spend 2 billion euros ($2.17 billion) on encouraging more people to buy electric cars.

The government would provide subsidies to those who purchase these environmentally friendly vehicles, and Gabriel said that he wants to encourage federal offices to use them as well by building more charging stations, according to a report from German newspaper Die Zeit . He added that the initiative would be funded under the current German budget without tax increases.

Additional details on how the money would be spent remain unknown.

There are currently 2,400 working AC charging sites and around 100 DC fast-charging sites in Germany, .

While the country has discussed electric car incentives in the past, not much action has been taken. Chancellor Angela Merkel proposed in November 2014 that Germany increase EV sales by providing the same kind of tax incentives and cash rebates that are available in other countries.

Germany sold a total of 19,000 electric cars in 2014, Reuters reported.

The goal for the country will be to put 1 million electric cars on the roads by 2020, and the all-electric vehicles being produced by BMW and Volkswagen are sure to help achieve it. German automakers that plan on building their own in the future include Porsche, Audi and Mercedes.

See Now: OnePlus 6: How Different Will It Be From OnePlus 5?

© 2019 Auto World News, All rights reserved. Do not reproduce without permission.
Get the Most Popular Autoworld Stories in a Weekly Newsletter

Join the Conversation

читайте здесь
Real Time Analytics