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Energy Price Knock-on Effect Electric Car Sales

Could Germany scrap EV incentives? | Autovista24 - June 21, 2022 |

The German government is grappling with new debt following the war in Ukraine and the COVID-19 pandemic, with the German finance minister Christian Lindner (FDP) eager to scrap electric-vehicle (EV) incentives - including for fully-electric cars.

Lindner said the money for EV subsidies could be used more sensibly, allowing the state to save billions. Next month, the German cabinet wants to decide on its draft budget.

'To combat inflation, the state must end politics on credit,' he said. 'From now on, generating wealth must be more important than distributing it. We simply can no longer afford misguided subsidies.'

He went on to say that 'if it is up to me, the purchase premiums for battery-electric vehicles (BEVs) and plug-in hybrids (PHEVs) will be abolished.'

German finance minister says `nein' to softening EU debt rules amid crisis | Politico |

'Sapere aude'

by Oui (Oui) on Mon Sep 12th, 2022 at 09:54:24 AM EST
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