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|15th May 2016, 00:38||#1|
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Germany to give €1 Billion in Electric Car subsidies
Germany will subsidies electric car purchases to bring a fast approach in its effort to bring 1 million fuel free vehicles by 2020. People purchasing purely electric vehicles will receive €4,000 ($4,500) and plug-in hybrid car buyers will receive €3,000 . Volkswagen, Daimler and BMW have already signed up for this program.
The government has budgeted over all €600 million for electric car purchasing subsidies until 2019 and another €300 million for building electric car-charging stations in cities and highways.
€100 million will be used for purchasing electric cars for government fleets.
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