Germany to give €1 Billion in Electric Car subsidies

rmchandru · 15th May 2016, 00:38

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.

Link: http://www.electric-vehicle.co/2016/...ctric-car.html

15th May 2016, 00:38	#1
rmchandru Newbie Join Date: Mar 2016 Location: Chennai Posts: 6 Thanked: 6 Times	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. Link: http://www.electric-vehicle.co/2016/...ctric-car.html
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