5500 incentive for electric cars
(MENAFN- Arab News) FRANKFURT/BERLIN: German politicians and auto executives will discuss creating incentives worth up to 5000 euros ($5500) to boost sales of electric and hybrid cars a senior ally of Chancellor Angela Merkel said.
Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020 but has so far made little progress in encouraging drivers to switch from more polluting but also generally cheaper diesel and petrol vehicles.
The heads of the three parties in Merkel's ruling coalition have discussed introducing a subsidy for electric car buyers said Horst Seehofer head of the Christian Social Union (CSU) sister party of Merkel's Christian Democratic Union (CDU).
He added the government was looking into whether car companies could co-finance the new incentive and that Merkel would discuss the issue with company executives next week.
Asked whether he was backing proposals to introduce an incentive of up to 5000 euros Seehofer said: 'Bavaria is very much in favor of the buyer's premium.'
Seehofer is state premier of Bavaria the southern German state where carmaker BMW is based.
A spokeswoman for Germany's Economy ministry said: 'Talks within the German government are constructive. We are counting on arriving at a good solution to help achieve our goals.'
In 2015 23500 electric and plug-in vehicles were registered in Germany. Of these only 12300 were pure electric cars according to Stefan Bratzel at the Center of Automotive Management in Bergisch Gladbach.
Germany has set itself a goal of bringing 1 million electric cars onto its roads by 2020 but has so far made little progress in encouraging drivers to switch from more polluting but also generally cheaper diesel and petrol vehicles.
The heads of the three parties in Merkel's ruling coalition have discussed introducing a subsidy for electric car buyers said Horst Seehofer head of the Christian Social Union (CSU) sister party of Merkel's Christian Democratic Union (CDU).
He added the government was looking into whether car companies could co-finance the new incentive and that Merkel would discuss the issue with company executives next week.
Asked whether he was backing proposals to introduce an incentive of up to 5000 euros Seehofer said: 'Bavaria is very much in favor of the buyer's premium.'
Seehofer is state premier of Bavaria the southern German state where carmaker BMW is based.
A spokeswoman for Germany's Economy ministry said: 'Talks within the German government are constructive. We are counting on arriving at a good solution to help achieve our goals.'
In 2015 23500 electric and plug-in vehicles were registered in Germany. Of these only 12300 were pure electric cars according to Stefan Bratzel at the Center of Automotive Management in Bergisch Gladbach.
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