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Old 15th May 2016, 00:38   #1
rmchandru's Avatar
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Default 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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